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% quarter-over-quarter from $10.0 million in Q4 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 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 $52.7 million in Q3 2022, with the low at $7.7 million in Q1 2026.
- The 5-year median for Research & Development is $11.3 million (2024), against an average of $16.5 million.
- The sharpest annual moves came in 2022 and 2024: Research & Development jumped 190.24% in 2022, then sank 69.71% in 2024.
- Hyliion Holdings' Research & Development stood at $21.8 million in 2022, then tumbled by 59.83% to $8.8 million in 2023, then gained by 28.46% to $11.3 million in 2024, then slipped by 11.53% to $10.0 million in 2025, then declined by 23.02% to $7.7 million in 2026.
- Business Quant data shows HYLN's Research & Development at $7.7 million in Q1 2026, $10.0 million in Q4 2025, and $10.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | - |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 122.00 Mn |
| 10 | Hyliion Holdings | 598.67 Mn | 598.67 Mn | 366,000.00 | 9.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.50 Mn |
| 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 | 52.68 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 |