Filing Flows › Hyliion Holdings (HYLN) › Q1 2025
Hyliion Holdings (HYLN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Hyliion Holdings (HYLN) reported revenue of $489K for the first quarter 2025 (Q1 2025) and -68% from the quarter before.
Hyliion Holdings, Q1 2025: revenue $489K, net loss $17.3M, operating cash flow −$14.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $489K | -68% | — |
| Operating profit | −$19.7M | — | — |
| Net earnings | −$17.3M | — | — |
| Operating cash flow | −$14.0M | — | — |
What changed
Revenue was $489K in Q1 2025, down 68% from the previous quarter.
Gross margin was 2.5%. Operating costs exceeded revenue by $19.7M, an operating margin of -4033.1%. The quarter ended with a net loss of $17.3M, wider than the previous quarter's $14.4M loss.
Operating cash flow was −$14.0M. Non-cash charges added back $1.1M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $813K. Capital expenditures of $7.3M exceeded it, leaving free cash flow of −$21.3M.
Questions
What was Hyliion Holdings' revenue in the first quarter 2025?
Hyliion Holdings (HYLN) reported revenue of $489K for the first quarter 2025 (Q1 2025) and -68% from the quarter before.
Source: Hyliion Holdings 10-Q on SEC EDGAR.