Hyliion Holdings (HYLN) Operating Expenses (2019 - 2026)
Hyliion Holdings (HYLN) posted quarterly Operating Expenses of $13.4 million for Q1 2026, down 31.91% year-over-year from $19.7 million in Q1 2025, and down 10.33% on a QoQ basis from $15.0 million in Q4 2025.
Hyliion Holdings (HYLN) Operating Expenses (2019 - 2026) Analysis & Trends
Hyliion Holdings (HYLN) has reported Operating Expenses for 8 consecutive years, with $13.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 31.91% year-over-year to $13.4 million; the TTM figure through Mar 2026 stood at $59.4 million (down 8.77% YoY), while the FY2025 annual figure was $65.7 million, up 2.07% from the prior year.
- Operating Expenses came in at $13.4 million for Q1 2026 at Hyliion Holdings, down from $15.0 million in the prior quarter.
- The five-year high for Operating Expenses was $62.9 million in Q3 2022, with the low at $13.4 million in Q1 2026.
- Average Operating Expenses over 5 years is $25.4 million, with a median of $19.7 million recorded in 2025.
- Across the five-year window, Operating Expenses surged 134.77% in 2022 and sank 63.63% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $31.6 million in 2022, then grew by 3.26% to $32.6 million in 2023, then tumbled by 47.21% to $17.2 million in 2024, then dropped by 12.9% to $15.0 million in 2025, then retreated by 10.33% to $13.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $13.4 million, $15.0 million, and $15.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 825.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 960.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 2.05 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 239.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 346.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.71 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 281.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 93.00 Mn |
| 10 | Hyliion Holdings | 820.83 Mn | 820.83 Mn | 210,000.00 | 13.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.44 Mn |
| Dec 31, 2025 | 14.99 Mn |
| Sep 30, 2025 | 15.25 Mn |
| Jun 30, 2025 | 15.75 Mn |
| Mar 31, 2025 | 19.73 Mn |
| Dec 31, 2024 | 17.20 Mn |
| Sep 30, 2024 | 14.18 Mn |
| Jun 30, 2024 | 14.02 Mn |
| Mar 31, 2024 | 18.99 Mn |
| Dec 31, 2023 | 32.59 Mn |
| Sep 30, 2023 | 33.30 Mn |
| Jun 30, 2023 | 38.54 Mn |
| Mar 31, 2023 | 31.90 Mn |
| Dec 31, 2022 | 31.56 Mn |
| Sep 30, 2022 | 62.94 Mn |
| Jun 30, 2022 | 32.22 Mn |
| Mar 31, 2022 | 25.63 Mn |
| Dec 31, 2021 | 26.58 Mn |
| Sep 30, 2021 | 26.81 Mn |
| Jun 30, 2021 | 23.44 Mn |