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
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