Hyliion Holdings Corp. (HYLN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1202 BMC DRIVE, SUITE 100 CEDAR PARK, TX 78613 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3713 - Truck and Bus Bodies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 120,145 | 163,178 | 313,208 | 377,232 | 591,586 | 916 | |||
| Cash and cash equivalent | 9,227 | 12,881 | 119,468 | 258,445 | 389,705 | 916 | |||
| Short-term investments | 110,918 | 150,297 | 193,740 | 118,787 | 201,881 | ||||
| Restricted cash and investments | 7,918 | ||||||||
| Receivables | 1,923 | 40 | 1,136 | 70 | 92 | ||||
| Inventory, net of allowances, customer advances and progress billings | 74 | 114 | |||||||
| Inventory | 74 | 114 | |||||||
| Prepaid expense | 9,068 | 16,408 | 178 | ||||||
| Asset, held-for-sale, not part of disposal group | 2,563 | ||||||||
| Other undisclosed current assets | 6,401 | 10,565 | 9,795 | ||||||
| Total current assets: | 131,032 | 181,701 | 324,213 | 386,484 | 608,086 | 1,095 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,431 | 7,070 | 6,470 | 7,734 | 5,055 | ||||
| Property, plant and equipment | 25,920 | 9,987 | 5,606 | 2,235 | 1,171 | ||||
| Long-term investments and receivables | 99,584 | 128,186 | 108,568 | 180,217 | 35,970 | ||||
| Long-term investments | 99,584 | 128,186 | 108,568 | 180,217 | 35,970 | ||||
| Intangible assets, net (including goodwill) | 200 | 235 | 332 | ||||||
| Intangible assets, net (excluding goodwill) | 200 | 235 | 332 | ||||||
| Asset, held-in-trust | 236,054 | ||||||||
| Other noncurrent assets | 1,079 | 1,439 | 1,686 | 1,535 | 193 | ||||
| Total noncurrent assets: | 132,014 | 146,682 | 122,530 | 191,956 | 42,721 | 236,054 | |||
| TOTAL ASSETS: | 263,046 | 328,383 | 446,743 | 578,440 | 650,807 | 237,149 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,865 | 14,275 | 14,335 | 15,214 | 4,487 | 8 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 615 | ||||
| Accounts payable | 5,243 | 4,224 | 2,800 | 7,455 | 1,890 | 8 | |||
| Accrued liabilities | 6,622 | 10,051 | 11,535 | 7,759 | 1,982 | ||||
| Debt | 49 | ||||||||
| Other undisclosed current liabilities | 2,426 | 847 | 347 | 21 | 119 | 200 | |||
| Total current liabilities: | 14,291 | 15,122 | 14,682 | 15,235 | 4,655 | 208 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 8,623 | 908 | |||||||
| Other undisclosed long-term debt and lease obligation | (4,168) | ||||||||
| Liabilities, other than long-term debt | 4,366 | 6,995 | 8,487 | 667 | |||||
| Other liabilities | 203 | 1,515 | 667 | ||||||
| Operating lease, liability | 4,366 | 6,792 | 6,972 | 8,623 | 5,076 | ||||
| Other undisclosed noncurrent liabilities | 8,278 | ||||||||
| Total noncurrent liabilities: | 4,366 | 6,995 | 8,487 | 9,290 | 5,984 | 8,278 | |||
| Total liabilities: | 18,657 | 22,117 | 23,169 | 24,525 | 10,639 | 8,486 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 244,389 | 306,266 | 423,574 | 553,915 | 640,168 | 5,000 | |||
| Common stock | 18 | 18 | 18 | 17 | 17 | ||||
| Treasury stock, value | (14,132) | (33) | |||||||
| Additional paid in capital | 408,315 | 404,045 | 397,810 | 374,795 | 728,299 | 2,676 | |||
| Retained earnings (accumulated deficit) | (149,812) | (97,764) | 25,746 | 179,103 | (88,148) | 2,324 | |||
| Other undisclosed equity, attributable to parent | 1 | ||||||||
| Other undisclosed equity | 223,663 | ||||||||
| Total equity: | 244,389 | 306,266 | 423,574 | 553,915 | 640,168 | 228,663 | |||
| TOTAL LIABILITIES AND EQUITY: | 263,046 | 328,383 | 446,743 | 578,440 | 650,807 | 237,149 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,509 | 672 | 2,106 | 200 | 326 | |||
| Sublease income | 38 | 326 | ||||||
| Cost of revenue | (1,415) | (1,716) | (8,778) | (2,737) | ||||
| Cost of product and service sold | (1,139) | (5,641) | (2,298) | |||||
| Gross profit: | 94 | (1,044) | (6,672) | (2,537) | 326 | |||
| Operating expenses | (64,393) | (136,325) | (152,358) | (93,560) | (22,183) | (465) | ||
| Other undisclosed operating income (loss) | (326) | (300) | ||||||
| Operating loss: | (64,299) | (137,369) | (159,030) | (96,097) | (22,183) | (765) | ||
| Nonoperating income (expense) | 12,248 | 13,858 | 5,692 | 779 | (16,999) | 3,857 | ||
| Investment income, nonoperating | 12,216 | 13,808 | 5,724 | 779 | (1,358) | 3,857 | ||
| Interest and debt expense | (1) | (227) | ||||||
| Income (loss) from continuing operations before income taxes: | (52,051) | (123,511) | (153,338) | (95,319) | (39,409) | 3,092 | ||
| Income tax expense | (768) | |||||||
| Income (loss) from continuing operations: | (52,051) | (123,511) | (153,338) | (95,319) | (39,409) | 2,324 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (95,319) | (39,409) | 2,324 | |
| Net income (loss): | (52,051) | (123,511) | (153,338) | (95,319) | (39,409) | 2,324 | ||
| Other undisclosed net income (loss) attributable to parent | 3 | 1 | (19) | (729) | 227 | |||
| Net income (loss) available to common stockholders, diluted: | (52,048) | (123,510) | (153,357) | (96,048) | (39,182) | 2,324 | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (52,051) | (123,511) | (153,338) | (95,319) | (39,409) | 2,324 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (52,051) | (123,511) | (153,338) | (95,319) | (39,409) | 2,324 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.