Hyliion Holdings (HYLN) Research & Development (2020 - 2026)
Hyliion Holdings (HYLN) posted quarterly Research & Development of $7.7 million for Q1 2026, down 37.29% year-over-year from $12.2 million in Q1 2025, and down 23.02% on a QoQ basis from $10.0 million in Q4 2025.
Hyliion Holdings (HYLN) Research & Development (2020 - 2026) Analysis & Trends
Hyliion Holdings (HYLN) has reported Research & Development for 7 consecutive years, with $7.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 37.29% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $37.9 million (down 8.14% YoY), while the FY2025 annual figure was $42.5 million, up 14.76% from the prior year.
- Research & Development came in at $7.7 million for Q1 2026 at Hyliion Holdings, down from $10.0 million in the prior quarter.
- The five-year high for Research & Development was $28.8 million in Q3 2022, with the low at $7.7 million in Q1 2026.
- Average Research & Development over 5 years is $15.1 million, with a median of $11.3 million recorded in 2024.
- Across the five-year window, Research & Development jumped 69.4% in 2022 and tumbled 69.71% in 2024, its largest moves.
- Year by year, Research & Development stood at $21.8 million in 2022, then sank by 59.83% to $8.8 million in 2023, then increased by 28.46% to $11.3 million in 2024, then retreated by 11.53% to $10.0 million in 2025, then slipped by 23.02% to $7.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $7.7 million, $10.0 million, and $10.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | - |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 195.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | - |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 120.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | - |
| 10 | Hyliion Holdings | 820.83 Mn | 820.83 Mn | 210,000.00 | 7.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.67 Mn |
| Dec 31, 2025 | 9.96 Mn |
| Sep 30, 2025 | 10.14 Mn |
| Jun 30, 2025 | 10.14 Mn |
| Mar 31, 2025 | 12.23 Mn |
| Dec 31, 2024 | 11.26 Mn |
| Sep 30, 2024 | 9.46 Mn |
| Jun 30, 2024 | 8.31 Mn |
| Mar 31, 2024 | 7.97 Mn |
| Dec 31, 2023 | 8.77 Mn |
| Sep 30, 2023 | 25.12 Mn |
| Jun 30, 2023 | 27.44 Mn |
| Mar 31, 2023 | 20.92 Mn |
| Dec 31, 2022 | 21.83 Mn |
| Sep 30, 2022 | 28.80 Mn |
| Jun 30, 2022 | 20.06 Mn |
| Mar 31, 2022 | 15.81 Mn |
| Dec 31, 2021 | 17.39 Mn |
| Sep 30, 2021 | 18.15 Mn |
| Jun 30, 2021 | 13.39 Mn |