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Hyliion Holdings (HYLN) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

Hyliion Holdings (HYLN) reported revenue of $1.5M for the second quarter 2025 (Q2 2025) and +210% from the quarter before.

Revenue$1.5M
Year over year—
Quarter over quarter+210%
Operating margin—
Net earnings−$13.4M

Hyliion Holdings, Q2 2025: revenue $1.5M, net loss $13.4M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.5M+210%—
Operating profit−$15.6M——
Net earnings−$13.4M——
Operating cash flow−$10.0M——

What changed

Revenue was $1.5M in Q2 2025, up 210% from the previous quarter.

Gross margin was 8.6%. Operating costs exceeded revenue by $15.6M, an operating margin of -1031.2%. The quarter ended with a net loss of $13.4M, narrower than the previous quarter's $17.3M loss.

Operating cash flow was −$10.0M. Non-cash charges added back $1.3M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $747K. Capital expenditures of $4.2M exceeded it, leaving free cash flow of −$14.2M.

Questions

What was Hyliion Holdings' revenue in the second quarter 2025?

Hyliion Holdings (HYLN) reported revenue of $1.5M for the second quarter 2025 (Q2 2025) and +210% from the quarter before.

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Source: Hyliion Holdings 10-Q on SEC EDGAR.