Hyliion Holdings (HYLN) Gross Margin (2021 - 2026)
Hyliion Holdings (HYLN) posted Gross Margin of 7.4% for Q2 2026, little changed on a QoQ basis from 7.42% in Q1 2026, and down 124.0% year-over-year from 30.85% in Q2 2025.
Analysis
Hyliion Holdings (HYLN) Gross Margin (2021 - 2026) Analysis & Trends
Hyliion Holdings has reported Gross Margin for 6 years, with the latest figure at 7.4% in Q2 2026.
- On a quarterly basis, Gross Margin fell 124.0% year-over-year to 7.4% in Q2 2026; TTM through Jun 2026 was 6.52%, a 23.0% decrease from a year earlier, with the FY2025 full-year figure at 4.89%, down 134.0% from the prior year.
- Gross Margin was 7.4% for Q2 2026 at Hyliion Holdings, roughly flat from 7.42% in the prior quarter.
- The five-year high for Gross Margin was 10.39% in Q4 2025, with the low at 1147.09% in Q2 2022.
- Average Gross Margin over 5 years is 207.41%, with a median of 10.8% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 122074 bps in 2022, then plunged 12084 bps in 2023.
- Over 5 years, Gross Margin stood at 47.76% in 2022, then plunged by 1167 bps to 605.21% in 2023, then surged by 101 bps to 6.23% in 2024, then soared by 67 bps to 10.39% in 2025, then slipped by 29 bps to 7.4% in 2026.
- The last three Gross Margin figures came in at 7.4% (Q2 2026), 7.42% (Q1 2026), and 10.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 247.48 Bn | 234.36 Bn | 2.36 Bn | 21.25% |
| 2 | Generac Holdings | 10.69 Bn | 10.42 Bn | 521.81 Mn | 44.47% |
| 3 | American Superconductor | 1.31 Bn | 1.17 Bn | - | - |
| 4 | Babcock & Wilcox Enterprises | 1.02 Bn | 671.72 Mn | 46.64 Mn | 14.59% |
| 5 | Hyliion Holdings | 675.40 Mn | 675.40 Mn | 366,000.00 | 7.40% |
| 6 | HyOrc | 44.31 Mn | 44.25 Mn | 24,000.00 | 100.00% |
| 7 | Clean Energy Technologies | 12.65 Mn | 12.40 Mn | 17,619.00 | 4.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.40% |
| Mar 31, 2026 | 7.42% |
| Dec 31, 2025 | 10.39% |
| Sep 30, 2025 | -6.19% |
| Jun 30, 2025 | 8.65% |
| Mar 31, 2025 | 2.45% |
| Dec 31, 2024 | 6.23% |
| Sep 30, 2023 | -605.21% |
| Jun 30, 2023 | -15.41% |
| Mar 31, 2023 | -122.90% |
| Dec 31, 2022 | -47.76% |
| Sep 30, 2022 | -484.37% |
| Jun 30, 2022 | -1,147.09% |
| Mar 31, 2022 | -517.35% |
| Dec 31, 2021 | -1,268.50% |