Hyliion Holdings Corp. (HYLN) Form 10-Q — Aug 11, 2026
Hyliion Holdings reported Q2 2026 revenue of $4.9 million, up 226.3% year over year, generated entirely from R&D services on its U.S. Navy contracts, while the quarterly net loss was $13.9 million or $0.08 per share. Six-month revenue rose 288% to $7.8 million and the six-month net loss narrowed to $25.7 million from $30.7 million a year earlier. In July 2026, Hyliion won a new cost-plus-fixed-fee contract of up to $41.7 million from the Office of Naval Research to design, build, test and deliver 2-megawatt and 3-megawatt KARNO power generation systems, with work running through mid-2029.
Key figures
- Revenue
- 4944000
- Revenue Yoy
- 226.3% (Q2 2026 vs Q2 2025); 288.0% for six months
- Total Assets
- 179589000
- Cash Position
- 13166000
- Shares Outstanding
- 178597218
- Atm Program Size
- up to $100 million (signed August 11, 2026)
- Six Month Revenue
- 7776000
- Prior Onr Contract
- up to $16.0 million (September 2024)
- Total Investments
- 119.2 million
- Total Liabilities
- 10050000
- Stockholders Equity
- 169539000
- Long Term Investments
- 68208000
- New Onr Contract Award
- up to $41.7 million (July 2026, HELMUR program, 36 months)
- Short Term Investments
- 51011000
- Customer ARevenue Share
- 100% (Q2 and H1 2026)
- Equipment Financing Proposal
- up to $15 million (non-binding)
- Year End2026 Liquidity Guidance
- $115 million to $120 million in cash and investments
- Remaining Buyback Authorization
- $6.1 million (program paused)
- Remaining Revenue Under Contracts
- up to $5.7 million as of June 30, 2026
Price after filing
Close on the filing date to close N calendar days later (from $3.87). Historical, not a forecast.
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