Filing Flows › Helios Technologies (HLIO) › Q3 2026
Helios Technologies (HLIO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Helios Technologies (HLIO) reported revenue of $230M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -0.9% from the quarter before. Operating margin was 12.2%, net earnings $17.6M (7.7% of revenue).
Helios Technologies, Q3 2026: revenue $230M (+4% year over year), operating margin 12.2%, net earnings $17.6M, operating cash flow $39.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $230M | -0.9% | +4% |
| Gross profit | $76.2M | -5% | +4% |
| Operating profit | $28.1M | -14% | 22× |
| Net earnings | $17.6M | -20% | +71% |
| Operating cash flow | $39.9M | -5% | +58% |
| Free cash flow | $32.4M | — | +74% |
What changed
Revenue was $229.7M in Q3 2026, up 4% year over year and down 1% from the previous quarter.
Gross margin was 33.2%, unchanged from Q3 2025. Operating profit was $28.1M, a 12.2% margin (up 11.6 points year over year). Of the extra revenue versus Q3 2025, 285% reached operating profit, above the 1% margin then. Operating expenses fell 33% while revenue rose 4%. Net earnings were $17.6M, up 71% year over year. The effective tax rate was 25.1%.
Operating cash flow was $39.9M (up 58% year over year), 227% of net earnings. Non-cash charges added back $15.3M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $5.1M. After capital expenditures ($7.5M), free cash flow as the company reports it was $32.4M.
Questions
What was Helios Technologies' revenue in the third quarter 2026?
Helios Technologies (HLIO) reported revenue of $230M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -0.9% from the quarter before.
Was Helios Technologies profitable in the third quarter 2026?
Operating profit was $28.1M (12.2% of revenue) and net earnings $17.6M.