Filing Flows

Filing Flows › Companies › Hyliion Holdings › Cash flow

Hyliion Holdings cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$7.3M in Q2 2026 · −$56.6M over twelve months

Operating cash flow−$7.1M
Capital spending−$212K
Free cash flow−$7.3M
Cash conversion cycle59 days

Analysis

In Q2 2026, Hyliion Holdings generated −$7.1M of operating cash flow and spent $212K on capital projects, leaving free cash flow of −$7.3M. That is $6.9M more than in Q2 2025 (−$14.2M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$42.4M; the largest uses were operating cash flow ($42.4M), capital spending ($14.3M), taxes on employees’ shares ($140K); besides operations, cash came from other investing ($51.0M), asset & business sales ($3.3M); the cash balance fell by $2.4M.

Operating cash flow was −$7.1M against net income of −$13.9M. The largest differences: depreciation & amortization +$2.1M, stock-based pay +$1.7M, accrued liabilities +$1.2M.

Its cash conversion cycle was 59 days (receivables 52 + inventory 31 − payables 24).

Free cash flow

Hyliion Holdings: free cash flow by quarterHyliion Holdings: free cash flow by quarter−$12.4MQ3 2024−$19.4MQ4 2024−$21.3MQ1 2025−$14.2MQ2 2025−$21.1MQ3 2025−$13.6MQ4 2025−$14.6MQ1 2026−$7.3MQ2 2026
Operating cash flow less capital spending.
Hyliion Holdings: operating cash flow against capital spendingHyliion Holdings: operating cash flow against capital spendingOperating cash flowCapital spending−$9.9M$2.5MQ3 2024−$13.4M$6.0MQ4 2024−$14.0M$7.3MQ1 2025−$10.0M$4.2MQ2 2025−$10.7M$10.4MQ3 2025−$11.9M$1.7MQ4 2025−$12.7M$1.9MQ1 2026−$7.1M$212KQ2 2026
Latest (Q2 2026): Operating cash flow −$7.1M, Capital spending $212K.

Capital allocation, year by year

Hyliion Holdings: where the cash came from (up) and went (down), by fiscal yearHyliion Holdings: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksFY2021: Operating cash flow −$80.5MFY2021: Net borrowing −$42KFY2021: Shares issued $591KFY2021: Asset sales $45KFY2021: Capital spending −$2.4M$636KFY2021FY2022: Operating cash flow −$117MFY2022: Shares issued $79KFY2022: Asset sales $152KFY2022: Capital spending −$2.9M$231KFY2022FY2023: Operating cash flow −$117MFY2023: Shares issued $257KFY2023: Asset sales $2KFY2023: Capital spending −$7.4MFY2023: Buybacks −$33K$259KFY2023FY2024: Operating cash flow −$56.7MFY2024: Shares issued $67KFY2024: Asset sales $5.4MFY2024: Capital spending −$16.5MFY2024: Buybacks −$14.0M$5.5MFY2024FY2025: Operating cash flow −$46.5MFY2025: Shares issued $2KFY2025: Asset sales $2.2MFY2025: Capital spending −$23.7M$2.2MFY2025
Over these 5 years operating cash flow totalled −$418M; the largest uses were operating cash flow ($418M) and capital spending ($52.9M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$65.4M
Debtnone
Net cash$65.4M
Cash runway14 months

Hyliion Holdings is burning cash: its operations consume cash, a free cash flow of −$56.6M a year at the current rate against $65.4M of cash and investments: a runway of about 14 months before any new financing.

Where the cash came from and went

Hyliion Holdings: sources (+) and uses (−) of cash, Q2 2026Hyliion Holdings: sources (+) and uses (−) of cash, Q2 2026Cash drawn (+) / kept (−)$7.1MOperating cash flow−$7.1MAsset & business sales$255KCapital spending−$212KOther investing−$50KOther financing$1K
Hyliion Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026Hyliion Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026Other investing$51.0MOperating cash flow−$42.4MCapital spending−$14.3MAsset & business sales$3.3MCash drawn (+) / kept (−)$2.4MTaxes on employees’ shares−$140KShares issued$3K

From profit to cash

Hyliion Holdings: net income to operating cash flow, Q2 2026Hyliion Holdings: net income to operating cash flow, Q2 2026Net income−$13.9MDepreciation & amortization$2.1MStock-based pay$1.7MReceivables$353KInventory$757KPayables$542KAccrued liabilities$1.2MPrepaid and other assets$482KOperating cash flow−$7.1M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 202652312459
Q1 202656336919

Every quarter

QuarterOperating cash flowCapital spendingShares issuedCash drawn (+) / kept (−)Free cash flow
Q2 2026−$7.1M−$212K—$7.1M−$7.3M
Q1 2026−$12.7M−$1.9M—$2.7M−$14.6M
Q4 2025−$11.9M−$1.7M$2K−$5.1M−$13.6M
Q3 2025−$10.7M−$10.4M—−$2.3M−$21.1M
Q2 2025−$10.0M−$4.2M—−$3.3M−$14.2M
Q1 2025−$14.0M−$7.3M—−$3.1M−$21.3M
Q4 2024−$13.4M−$6.0M—$18.8M−$19.4M
Q3 2024−$9.9M−$2.5M$17K−$8.9M−$12.4M

Hyliion Holdings: income statement and cash flow

Hyliion Holdings, Q2 2026: revenue $4.9M (+226% year over year), operating margin -309.4%. The chart follows the revenue to costs, profit and cash.

Hyliion Holdings: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.