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How Hillman Solutions (HLMN) makes money

Hillman Solutions (HLMN) made $457M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Fastening and Hardware brought in $314M (69%); Personal Protection Solutions brought in $70.8M (15%); Key and Key Accessories brought in $63.2M (14%). Of every dollar of revenue, 8¢ was left as operating profit, 1¢ was left as net earnings.

Drawing the Sankey…

Hillman Solutions revenue by segment, Q3 2026Hillman Solutions revenue by segment, Q3 2026Fastening and Hardware$314MPersonal Protection Solutions$70.8MKey and Key Accessories$63.2MEngraving$9.7M
Hillman Solutions: revenue by line, Q1 2025 to Q3 2026Hillman Solutions: revenue by line, Q1 2025 to Q3 2026Fastening and HardwarePersonal Protection S…Key and Key Accessori…EngravingFastening and Hardware: $314M latest$314MPersonal Protection Solutions: $70.8M latest$70.8MKey and Key Accessories: $63.2M latest$63.2MEngraving: $9.7M latestQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026Q3 2026
Fastening and Hardware went from 64% of revenue in Q1 2025 to 69% in Q3 2026, the largest shift in the mix.
Hillman Solutions revenue by quarterHillman Solutions revenue by quarter$359MQ1 2025$403MQ2 2025$425MQ3 2025$365MQ4 2025$370MQ1 2026$442MQ2 2026$457MQ3 2026
Hillman Solutions: where each dollar of revenue goesHillman Solutions: where each dollar of revenue goesOperating profit8¢Income tax1¢Net earnings1¢Operating cash flow15¢Free cash flow11¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Fastening and Hardware$314M68.6%-3%+11%
Personal Protection Solutions$70.8M15.5%+29%-13%
Key and Key Accessories$63.2M13.8%+15%+23%
Engraving$9.7M2.1%+5%-2%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$457M100.0%
Operating profit$37.9M8.3%
Income tax$3.8M0.8%
Net earnings$6.3M1.4%
Operating cash flow$69.9M15.3%
Free cash flow$51.1M11.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$457M+8%
Q2 2026$442M+10%
Q1 2026$370M+3%
Q4 2025$365M+4%
Q3 2025$425M+8%
Q2 2025$403M+6%
Q1 2025$359M+3%

From Hillman Solutions' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Hillman Solutions make money?

Hillman Solutions (HLMN) made $457M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Fastening and Hardware brought in $314M (69%); Personal Protection Solutions brought in $70.8M (15%); Key and Key Accessories brought in $63.2M (14%). Of every dollar of revenue, 8¢ was left as operating profit, 1¢ was left as net earnings.

What is Hillman Solutions' biggest business?

Fastening and Hardware: $314M in the third quarter 2026, 69% of revenue, +11% from a year earlier.

What is Hillman Solutions' profit margin?

Net earnings were $6.3M, 1.4% of revenue, in the third quarter 2026; the operating margin was 8.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.