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
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