Filing Flows › Helios Technologies (HLIO) › Q2 2026
Helios Technologies (HLIO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Helios Technologies (HLIO) reported revenue of $232M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +2% from the quarter before. Operating margin was 14.0%, net earnings $21.9M (9.4% of revenue).
Helios Technologies, Q2 2026: revenue $232M (+9% year over year), operating margin 14.0%, net earnings $21.9M, operating cash flow $41.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $232M | +2% | +9% |
| Gross profit | $80.2M | +7% | +19% |
| Operating profit | $32.5M | +9% | +48% |
| Net earnings | $21.9M | +11% | +92% |
| Operating cash flow | $41.9M | +75% | +13% |
| Free cash flow | $30.6M | +78% | -3% |
What changed
Revenue was $231.9M in Q2 2026, up 9% year over year and up 2% from the previous quarter.
Gross margin was 34.6%, up 2.8 points from Q2 2025. Operating profit was $32.5M, a 14.0% margin (up 3.7 points year over year). Of the extra revenue versus Q2 2025, 55% reached operating profit, above the 10% margin then. Operating expenses grew 5% against revenue growth of 9%. Net earnings were $21.9M, up 92% year over year. The effective tax rate was 22.1%.
Operating cash flow was $41.9M (up 13% year over year), 191% of net earnings. Non-cash charges added back $15.2M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $2.7M. Capital expenditures of $11.3M left free cash flow of $30.6M.
Questions
What was Helios Technologies' revenue in the second quarter 2026?
Helios Technologies (HLIO) reported revenue of $232M for the second quarter 2026 (Q2 2026), +9% from a year earlier and +2% from the quarter before.
Was Helios Technologies profitable in the second quarter 2026?
Operating profit was $32.5M (14.0% of revenue) and net earnings $21.9M.