Hyliion Holdings (HYLN) Research & Development (2020 - 2026)
Hyliion Holdings (HYLN) recorded quarterly Research & Development of $7.7 million in Q1 2026, down 23.02% quarter-over-quarter from $10.0 million in Q4 2025, and down 37.29% on a YoY basis from $12.2 million in Q1 2025.
Hyliion Holdings (HYLN) Research & Development (2020 - 2026) Analysis & Trends
Hyliion Holdings' Research & Development history runs 7 years deep, the most recent figure standing at $7.7 million for 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 was $7.7 million for Q1 2026 at Hyliion Holdings, down from $10.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $28.8 million in Q3 2022 to a low of $7.7 million in Q1 2026.
- Historically, Research & Development has averaged $15.1 million across 5 years, with a median of $11.3 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 69.4% in 2022, then slumped 69.71% in 2024.
- A 5-year view of Research & Development shows it stood at $21.8 million in 2022, then plunged by 59.83% to $8.8 million in 2023, then advanced by 28.46% to $11.3 million in 2024, then dropped by 11.53% to $10.0 million in 2025, then fell by 23.02% to $7.7 million in 2026.
- The last three Research & Development figures came in at $7.7 million (Q1 2026), $10.0 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | Hyliion Holdings | 1.32 Bn | 1.32 Bn | 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 |