Hyliion Holdings Corp. (HYLN) Form 8-K — Aug 11, 2026
Hyliion Holdings (HYLN) reported Q2 2026 revenue of $4.9 million, up more than threefold from $1.5 million a year earlier, driven by accelerated work under Office of Naval Research contracts, and raised its full-year 2026 revenue guidance 50% to approximately $15 million. The company announced a $41.7 million U.S. Navy contract, the largest military award in its history, to scale KARNO Power Modules into multi-megawatt systems, and expects total 2026 military funding to approach $50 million if additional awards materialize as anticipated.
Key figures
- Revenue
- 4900000
- Guidance
- FY2026 revenue raised to ~$15 million from prior $10 million (+50%); 2026 net cash use of $30-35 million; year-end 2026 cash and investments of $115-120 million (prior ~$100 million); expects $10-15 million equipment financing proceeds in 2026
- Revenue Yoy
- up more than threefold from $1.5 million in Q2 2025
- Cash Position
- 132400000
- Shares Outstanding
- 178597218
- Gross Profit Q2
- $0.4 million
- Navy contract
- $41.7 million
- H1 2026 revenue
- $7.8 million vs $2.0 million H1 2025
- Loi karno cores
- 750
- H1 2026 net loss
- $25.7 million, a 16% improvement vs $30.7 million H1 2025
- Operating Expenses Q2
- $15.7 million (flat YoY)
- Capital spending ytd
- $2.1 million vs $11.6 million H1 2025
- Net cash spending q2
- $6.9 million vs $13.5 million Q2 2025
- Capital per mw capacity
- $1.5 million per megawatt of annual production capacity
- Revenue per mw capacity
- $2.5-3.0 million annual revenue per MW at current pricing
- Additive printing speed gain
- up to 3x depending on component
- Anticipated 2026 military funding
- nearly $50 million (target $40-50 million)
Price after filing
Close on the filing date to close N calendar days later (from $3.87). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.