Hyliion Holdings (HYLN) Research & Development (2020 - 2026)

Hyliion Holdings' quarterly Research & Development came in at $7.7 million in Q1 2026, down 37.29% year-on-year from $12.2 million in Q1 2025, and down 23.02% quarter-over-quarter from $10.0 million in Q4 2025.

Hyliion Holdings has reported Research & Development for 7 years, with the latest figure at $7.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 37.29% year-over-year to $7.7 million; the trailing twelve-month figure through Mar 2026 stood at $37.9 million (down 8.14% YoY), and the FY2025 full-year result was $42.5 million, up 14.76% from the prior year.
  • Research & Development for Q1 2026 stood at $7.7 million, 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.
  • Year-over-year, Research & Development soared 69.4% in 2022 and slumped 69.71% in 2024.
  • Tracing HYLN's Research & Development over 5 years: stood at $21.8 million in 2022, then tumbled by 59.83% to $8.8 million in 2023, then climbed by 28.46% to $11.3 million in 2024, then declined by 11.53% to $10.0 million in 2025, then retreated 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 77.46 Bn 77.21 Bn 2.35 Bn -
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn -
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn -
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn -
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn -
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn -
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 54.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 120.00 Mn
10 Hyliion Holdings 739.10 Mn 739.10 Mn 210,000.00 7.67 Mn

Historic Data

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DateValue
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
Mar 31, 2021 9.33 Mn
Dec 31, 2020 4.46 Mn
Sep 30, 2020 2.91 Mn
Jun 30, 2020 2.55 Mn
Mar 31, 2020 2.67 Mn