Hyliion Holdings (HYLN) Cost of Revenue (2021 - 2026)
Hyliion Holdings (HYLN) reported Cost of Revenue of $4.58 million for Q2 2026, up 230.8% from $1.38 million a year earlier and up 74.6% from the prior quarter.
Hyliion Holdings (HYLN) Cost of Revenue (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hyliion Holdings' Cost of Revenue came in at $8.64 million, up 163.9% year-over-year; for FY2025, it came in at $3.31 million, up 133.6% from FY2024.
- Cost of Revenue has a four-year compound annual growth rate of 4.8% (FY2021 to FY2025).
- By year, Cost of Revenue came in at $1.42 million in FY2024 (-17.5%), $1.72 million in FY2023 (-80.5%), $8.78 million in FY2022 (+220.7%) and $2.74 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q4 2021.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 449.7%); the low point was Q4 2023 (a decline of 97.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.62 million (Q1 2026), $638,000 (Q4 2025) and $806,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 220.23 Bn | 171.32 Bn | 3.11 Bn | 9.54 Bn |
| 2 | Bloom Energy | 57.33 Bn | 47.23 Bn | 417.10 Mn | 818.73 Mn |
| 3 | First Solar | 20.61 Bn | 11.97 Bn | 713.06 Mn | 517.88 Mn |
| 4 | Nextpower | 16.12 Bn | 11.83 Bn | 345.32 Mn | 763.96 Mn |
| 5 | BWX Technologies | 11.76 Bn | 9.57 Bn | 227.14 Mn | 725.83 Mn |
| 6 | Generac Holdings | 11.10 Bn | 9.84 Bn | 516.04 Mn | 778.74 Mn |
| 7 | EnerSys | 5.59 Bn | 3.78 Bn | 313.36 Mn | 622.28 Mn |
| 8 | Mirion Technologies | 4.69 Bn | 3.06 Bn | 131.50 Mn | 146.30 Mn |
| 9 | Enphase Energy | 3.89 Bn | -427.04 Mn | 127.12 Mn | 166.21 Mn |
| 10 | Hyliion Holdings | 562.98 Mn | 228.88 Mn | 366,000.00 | 4.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.58 Mn |
| Mar 31, 2026 | 2.62 Mn |
| Dec 31, 2025 | 638,000.00 |
| Sep 30, 2025 | 806,000.00 |
| Jun 30, 2025 | 1.38 Mn |
| Mar 31, 2025 | 477,000.00 |
| Dec 31, 2024 | 1.42 Mn |
| Dec 31, 2023 | 41,000.00 |
| Sep 30, 2023 | 677,000.00 |
| Jun 30, 2023 | 307,000.00 |
| Mar 31, 2023 | 691,000.00 |
| Dec 31, 2022 | 1.62 Mn |
| Sep 30, 2022 | 2.92 Mn |
| Jun 30, 2022 | 2.15 Mn |
| Mar 31, 2022 | 2.10 Mn |
| Dec 31, 2021 | 2.74 Mn |
Hyliion Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HYLN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HYLN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HYLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();