Hyliion Holdings (HYLN) Operating Expenses (2019 - 2026)

Hyliion Holdings (HYLN) recorded quarterly Operating Expenses of $13.4 million in Q1 2026, down 10.33% quarter-over-quarter from $15.0 million in Q4 2025, and down 31.91% on a YoY basis from $19.7 million in Q1 2025.

Hyliion Holdings (HYLN) Operating Expenses (2019 - 2026) Analysis & Trends

Hyliion Holdings' Operating Expenses history runs 8 years deep, the most recent figure standing at $13.4 million for 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 was $13.4 million for Q1 2026 at Hyliion Holdings, down from $15.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $62.9 million in Q3 2022 to a low of $13.4 million in Q1 2026.
  • Historically, Operating Expenses has averaged $25.4 million across 5 years, with a median of $19.7 million in 2025.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 134.77% in 2022, then plunged 63.63% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $31.6 million in 2022, then gained by 3.26% to $32.6 million in 2023, then slumped by 47.21% to $17.2 million in 2024, then retreated by 12.9% to $15.0 million in 2025, then dropped by 10.33% to $13.4 million in 2026.
  • The last three Operating Expenses figures came in at $13.4 million (Q1 2026), $15.0 million (Q4 2025), and $15.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 1.51 Bn
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 341.91 Mn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 93.00 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 346.00 Mn
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 2.05 Bn
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 4.71 Bn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn 239.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 960.00 Mn
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 211.00 Mn
10 Hyliion Holdings 1.32 Bn 1.32 Bn 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