Hyliion Holdings Reports Third-Quarter 2026 Financial Results
Business Wire•10/11/2026•16:45 ET
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Key Highlights
- ➤Full-year 2026 revenue guidance raised to approximately $18 million from $15 million
- ➤Third-quarter revenue reached $7.5 million, versus $0.8 million year over year
- ➤Expected 2026 military contract awards approach approximately $50 million
- ➤Hyliion held $121.4 million in cash and investments at quarter-end
- ➤Third-quarter net loss improved 17% to $11.1 million year over year
Expert Statements
Thomas Healy, Founder and CEO of Hyliion
“We delivered another strong quarter, with revenue well above our expectations and continued progress on system performance and customer deployments.”
Hyliion Holdings Reports Third-Quarter 2026 Financial Results
Hyliion Holdings Corp. (NYSE American: HYLN) (“Hyliion”), a developer of modular power plant technology, today reported financial results for the third quarter ended September 30, 2026, and provided key updates on the development of the KARNO™ Power Module platform.
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