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
DateValue
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