Hyliion Holdings Corporation reported revenue of $2.8 million for the first nine months of 2025, all from research and development services, with a gross profit of approximately $0.1 million. Operating expenses totaled $50.7 million, up from $47.2 million in the same period last year, mainly due to increased R&D investment. The year-to-date net loss was $44.0 million, compared to $37.7 million in the prior-year period. Hyliion ended the quarter with $164.7 million in cash and investments and expects a year-end 2025 balance of approximately $155.0 million. Cash use year-to-date totaled $55.0 million, including $22.0 million in capital expenditures. The company forecasts total 2025 cash outlays of about $65.0 million net of planned equipment financing. Key developments include the KARNO Power Module meeting initial customer performance requirements, over 100 days of operational testing with no unplanned hardware-related downtime, and emissions performance exceeding stringent local standards. Full-year 2025 revenue is expected to be about $4.0 million, with commercialization of the KARNO Power Module anticipated in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyliion Holdings Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251111081166) on November 11, 2025, and is solely responsible for the information contained therein.
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