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Hyliion Holdings (HYLN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Hyliion Holdings (HYLN) reported revenue of $4.9M for the second quarter 2026 (Q2 2026), +226% from a year earlier and +75% from the quarter before. Operating margin was -309.4%, net loss $13.9M (281.7% of revenue).

Revenue$4.9M
Year over year+226%
Quarter over quarter+75%
Operating margin-309.4%
Net earnings−$13.9M

Hyliion Holdings, Q2 2026: revenue $4.9M (+226% year over year), operating margin -309.4%, net loss $13.9M, operating cash flow −$7.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.9M+75%+226%
Operating profit−$15.3M——
Net earnings−$13.9M——
Operating cash flow−$7.1M——

What changed

Revenue was $4.9M in Q2 2026, up 226% year over year and up 75% from the previous quarter.

Gross margin was 7.4%, down 1.2 points from Q2 2025. Operating costs exceeded revenue by $15.3M, an operating margin of -309.4%. Operating expenses fell 1% while revenue rose 226%. The quarter ended with a net loss of $13.9M, wider than the previous quarter's $11.7M loss.

Operating cash flow was −$7.1M. Non-cash charges added back $2.1M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $212K exceeded it, leaving free cash flow of −$7.3M.

Questions

What was Hyliion Holdings' revenue in the second quarter 2026?

Hyliion Holdings (HYLN) reported revenue of $4.9M for the second quarter 2026 (Q2 2026), +226% from a year earlier and +75% from the quarter before.

Was Hyliion Holdings profitable in the second quarter 2026?

Operating loss was $15.3M (-309.4% of revenue) and net loss $13.9M.

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Source: Hyliion Holdings 10-Q on SEC EDGAR.