Earnings ·
Helios Reports Q3 Sales of $230M, Raises FY Outlook to $902M
HLIOHelios Technologies, Inc.
Helios Technologies reported third-quarter sales of $229.7 million, a 4% increase year-over-year and a record for the quarter, driven by growth in both its Hydraulics and Electronics segments. Diluted EPS rose 71% to $0.53, while adjusted diluted EPS increased 11% to $0.80. The company generated record cash from operations of $40 million and free cash flow of $32 million. Management raised the full-year 2026 sales outlook to a range of $895 million to $902 million, implying the highest annual sales in the company's history, while tightening adjusted EBITDA margin guidance. The firm also repurchased $19 million of common stock and paid its 119th consecutive quarterly dividend. Helios Technologies is a global leader in highly engineered motion control and electronic controls technology.