Earnings ·
Hyliion Holdings Corp. reported second-quarter 2026 financial results on August 11, 2026, posting revenue of $4.9…
HYLNHyliion Holdings Corp.
Hyliion Holdings Corp. reported second-quarter 2026 financial results on August 11, 2026, posting revenue of $4.9 million and a net loss of $13.9 million. The company secured a $41.7 million U.S. Navy contract for multi-megawatt KARNO Power Modules and announced sea trials on the USX-1 Defiant vessel. Hyliion increased its full-year 2026 revenue guidance to $15 million from $10 million, citing accelerated demand from data center operators and military programs. The firm ended the quarter with $132.4 million in cash and investments, raising its year-end cash balance outlook to $115–$120 million. Hyliion is a developer of modular power plant technology focused on clean energy generation.