Hyliion Holdings Corp. (HYLN) Stock

Hyliion Holdings Corp. (HYLN) is a Consumer Discretionary stock trading at $3.38 (as of 2026-08-20), with a market capitalization of $603.66M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial vehicle industry. It also provides battery management systems and battery packs for hybrid and fully electric vehicle applications.

Understand Hyliion Holdings Corp.: how it makes money

Hyliion Holdings designs and sells electrified powertrain solutions for the commercial vehicle industry, including battery management systems and battery packs, and makes money from sales of those products and related revenue streams.

Hyliion’s profit model is structurally dependent on converting early commercialization signals, like production slot orders and controlled fleet trial vehicles, into actual sales of its hybrid and electrified powertrain solutions and related battery systems.

Business quality (Weak): High concept, but the latest provided quarter shows near zero hybrid sales revenue and a very large negative operating margin, so evidence of scalable, repeatable revenue from product sales is currently limited in these facts.

Bull case

  • Focused commercialization funnel: The company tracks production slot orders (Initial HyperTruck ERX Production Slot Orders, Founders Program Production Slots) and controlled fleet trial vehicles (current and next batch), which can indicate progress toward deployment.
  • Product breadth within electrified powertrains: Hyliion’s offerings include electrified powertrain solutions plus battery management systems and battery packs, which can support multiple monetization points within a commercial vehicle platform.

Bear case

  • Weak near-term sales signal in provided data: In the provided quarter, hybrid-related revenue line items are shown as 0.0 in the facts (for example, Hybrid Sales Revenue, Hybrid Powertrain Revenue, and Hybrid EX Powertrain Revenue).
  • Severe profitability deficit: The latest provided quarter shows operating margin of -467.1%, indicating the business is not covering operating costs from its revenue base in these facts.
  • High dependence on non-recurring or small revenue lines (as shown): Most segment revenue candidates in the facts are 0.0, with only a small amount indicated for Maximum Revenue from Military Research and Development Services (KARNO).
Valuation — source: SEC EDGAR (first-party)
Price$3.38
Market Cap$603.66M
Price / Book3.56
Price / Sales53.11
FCF Yield-17.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.48M
Net Margin-1645.7%
Revenue Growth (YoY)130.3%
EPS Growth (YoY)10.0%
FCF Growth (YoY)-4.1%
Financial Health — source: SEC EDGAR
Altman Z-Score29.28 (safe)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Automobiles & Trucks)17.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($15.65M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEOThomas J. Healy
Employees93
CountryUS
IPO Date2020-01-02

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HYLN earnings history · HYLN institutional & insider holders · HYLN KPIs & operating metrics · HYLN financials · HYLN investor presentations & press releases · HYLN SEC filings · HYLN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.