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Companies / Industrials / Hyliion Holdings Corp.
HYLN

Hyliion Holdings Corp.

IndustrialsTransportation Equipment
Ticker HYLNCEDAR PARK, TXFiscal year ends DecemberBook value per share $0.95Diluted shares 178.1M

Hyliion Holdings Corp. (NYSE: HYLN) designs and develops power generators for stationary and mobile applications and provides research and development services. Its main product, the KARNO Power Module, is a modular generator powered by the KARNO Core linear electricity-generation technology, designed to operate on a… From the company’s description.

Over the twelve months to Jun 30, 2026, Hyliion Holdings Corp. reported revenue of $9.25M, up 163.2% from a year earlier, and a net loss of $52.19M. Its operating margin was −635.2%, and operations used $42.37M in cash. In fiscal 2025, it reported revenue of $3.48M, up 130.3% from fiscal 2024, and a net loss of $57.19M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$3.48MFY2025
+130.3% year over year
Last 12 mo $9.25M
-1886.42%FY2025
+2374.6 percentage points
Last 12 mo -635.16%
$-57.19MFY2025
−9.9% year over year
Last 12 mo $-52.19M
-29.78%FY2025
−8.5 percentage points
Last 12 mo -30.78%
Cash & financing
$-46.55MFY2025
+18.0% year over year
Last 12 mo $-42.37M
$-70.29MFY2025
+4.1% year over year
Last 12 mo $-56.62M
—
175.4MFY2025
+0.3% year over year
Last 12 mo 178.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hyliion Holdings Corp. does

In the company’s own words

Hyliion Holdings Corp. (NYSE: HYLN) designs and develops power generators for stationary and mobile applications and provides research and development services. Its main product, the KARNO Power Module, is a modular generator powered by the KARNO Core linear electricity-generation technology, designed to operate on a range of fuels, including natural gas, propane, diesel, landfill gas, hydrogen and ammonia. Target customers include data centers, commercial and industrial operators, defense organizations and users of vehicle charging, backup and distributed power. Hyliion also provides contract research and development and testing services, including work for the U.S. Navy’s Office of Naval Research. The company focuses on one operating business centered on KARNO products and related R&D services. It delivered two early-adopter units to the Navy in 2025 and is developing systems from 200 kW modules to multi-megawatt configurations. Hyliion acquired the KARNO technology from General Electric in 2022 and shifted its focus to standalone power generation after winding down its powertrain operations. It had approximately 113 full-time employees as of December 31, 2025. Its website is https://www.hyliion.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
CEDAR PARK, TX
Fiscal year end
December
CIK
1759631
SIC
3713

Financial performance, year by year

Fiscal 2019–2025 · USD
$-201.10M$-57.86M$85.38M$228.62M$371.86M2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hyliion Holdings Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

115
funds hold it
0 of 35
superinvestors hold it
$103.77M
held by funds, at market
12.6%
of shares held by funds

Largest fund holders · Hyliion Holdings Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.04%of fund net assets
Invesco WilderHill Clean Energy ETF
PBW · Invesco Exchange-Traded Fund Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Hyliion Holdings Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Hyliion Holdings Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Hyliion Holdings Corp.'s last four quarterly filings that the numbers alone won't show?”
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