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Hyliion Holdings Corp. (HYLN) Fundamental Analysis & AI Grade 2026

HYLN NYSE Truck & Bus Bodies DE CIK: 0001759631
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
77% Confidence
STRONG AGREEMENT
C
82% Conf
C
72% Conf

📊 HYLN Key Takeaways

Revenue: $2.8M
Net Margin: -414.4%
Free Cash Flow: $-14.6M
Current Ratio: 10.09x
Debt/Equity: 0.00x
EPS: $-0.07
AI Grade: C with 82% confidence
Hyliion Holdings Corp. (HYLN) receives a C fundamental grade with 77% confidence from our AI analysis based on SEC 10-K filings. With revenue of $2.8M, net profit margin of -414.4%, and return on equity (ROE) of -6.5%, Hyliion Holdings Corp. demonstrates mixed fundamentals in the Automotive sector. Below is our complete HYLN stock analysis for 2026.

Is Hyliion Holdings Corp. (HYLN) a Good Investment?

Claude

Hyliion is a pre-profitability technology company with unsustainable unit economics despite 130% revenue growth. The company burns $12.7M in quarterly operating cash flow against only $2.8M in quarterly revenue, creating less than 2 quarters of cash runway. Severely negative operating margin (-467%) and minimal gross margin (7.4%) indicate fundamental business model challenges that require immediate structural improvement.

ChatGPT

Hyliion’s fundamentals show minimal revenue with sub-5% gross margin and very large operating losses, indicating the core business model is not yet viable. Although the balance sheet is debt-free with high liquidity, cash appears small relative to ongoing burn and capex, requiring swift margin improvement or cost reductions to extend runway.

Hyliion Holdings Corp. Key Strengths (HYLN)

Claude
  • + Zero long-term debt eliminates financial distress risk
  • + Strong balance sheet with $181.7M equity and minimal $9M liabilities
  • + Exceptional liquidity position with 10.1x current ratio and $20.3M cash reserves
  • + Demonstrated revenue traction with 130% YoY growth trajectory
ChatGPT
  • + Debt-free balance sheet with minimal liabilities
  • + High liquidity metrics (current and quick ~10x)
  • + Triple-digit revenue growth off a small base

HYLN Stock Risks: Hyliion Holdings Corp. Investment Risks

Claude
  • ! Critical cash burn rate of $12.7M per quarter against $2.8M revenue creates <2 quarters runway
  • ! Operating margin of -467% and net margin of -414% indicate severe unit economic dysfunction
  • ! Gross margin of 7.4% far below typical manufacturing benchmarks suggests cost structure problems
  • ! No visible path to profitability with current revenue scale and expense base
  • ! Negative free cash flow of -$14.6M quarterly is unsustainable
ChatGPT
  • ! Sustained large operating losses and deeply negative free cash flow
  • ! Sub-5% gross margin suggests weak unit economics
  • ! Runway pressure and potential need to raise capital or dilute shareholders

Key Metrics to Watch

Claude
  • * Quarterly cash burn trajectory and remaining runway extension
  • * Gross margin improvement toward 25%+ industry standards
  • * Revenue acceleration required to justify expense base and reach cash flow breakeven
  • * Operating expense reduction as percentage of revenue
  • * Path to positive operating cash flow within 3-4 quarters
ChatGPT
  • * Gross margin (%)
  • * Operating cash flow (quarterly)

Hyliion Holdings Corp. (HYLN) Financial Metrics & Key Ratios

Revenue
$2.8M
Net Income
$-11.7M
EPS (Diluted)
$-0.07
Free Cash Flow
$-14.6M
Total Assets
$190.8M
Cash Position
$20.3M

💡 AI Analyst Insight

Strong liquidity with a 10.09x current ratio provides a solid financial cushion.

HYLN Profit Margin, ROE & Profitability Analysis

Gross Margin 7.4%
Operating Margin -467.1%
Net Margin -414.4%
ROE -6.5%
ROA -6.2%
FCF Margin -515.5%

HYLN vs Automotive Sector: How Hyliion Holdings Corp. Compares

How Hyliion Holdings Corp. compares to Automotive sector averages

Net Margin
HYLN -414.4%
vs
Sector Avg 6.0%
HYLN Sector
ROE
HYLN -6.5%
vs
Sector Avg 12.0%
HYLN Sector
Current Ratio
HYLN 10.1x
vs
Sector Avg 1.2x
HYLN Sector
Debt/Equity
HYLN 0.0x
vs
Sector Avg 1.0x
HYLN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Hyliion Holdings Corp. Stock Overvalued? HYLN Valuation Analysis 2026

Based on fundamental analysis, Hyliion Holdings Corp. has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
-6.5%
Sector avg: 12%
Net Profit Margin
-414.4%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Hyliion Holdings Corp. Balance Sheet: HYLN Debt, Cash & Liquidity

Current Ratio
10.09x
Quick Ratio
9.85x
Debt/Equity
0.00x
Debt/Assets
4.7%
Interest Coverage
N/A
Long-term Debt
$0.0

HYLN Revenue & Earnings Growth: 5-Year Financial Trend

HYLN 5-year financial data: Year 2021: Revenue $200.0K, Net Income -$14.1M, EPS $-0.16. Year 2022: Revenue $2.1M, Net Income $324.1M, EPS $-0.35. Year 2023: Revenue $2.1M, Net Income -$153.4M, EPS $-0.87. Year 2024: Revenue $1.5M, Net Income -$123.5M, EPS $-0.68. Year 2025: Revenue $3.5M, Net Income -$52.0M, EPS $-0.30.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hyliion Holdings Corp.'s revenue has grown significantly by 1,638% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.30 indicates the company is currently unprofitable.

HYLN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-515.5%
Free cash flow / Revenue

HYLN Quarterly Earnings & Performance

Quarterly financial performance data for Hyliion Holdings Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $489.0K -$11.7M $-0.07
Q3 2025 N/A -$10.9M $-0.06
Q2 2025 N/A -$10.9M $-0.06
Q1 2025 N/A -$15.6M $-0.09
Q3 2024 N/A -$10.9M $-0.06
Q2 2024 N/A -$10.9M $-0.06
Q1 2024 N/A -$15.6M $-0.09
Q3 2023 $96.0K -$27.1M $-0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Hyliion Holdings Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$12.7M
Cash generated from operations
Capital Expenditures
$1.9M
Investment in assets
Dividends
None
No dividend program

HYLN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Hyliion Holdings Corp. (CIK: 0001759631)

📋 Recent SEC Filings

Date Form Document Action
May 27, 2026 4 xslF345X06/wk-form4_1779913257.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779394938.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779394914.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779394898.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779394878.xml View →

Frequently Asked Questions about HYLN

What is the AI rating for HYLN?

Hyliion Holdings Corp. (HYLN) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HYLN's key strengths?

Claude: Zero long-term debt eliminates financial distress risk. Strong balance sheet with $181.7M equity and minimal $9M liabilities. ChatGPT: Debt-free balance sheet with minimal liabilities. High liquidity metrics (current and quick ~10x).

What are the risks of investing in HYLN?

Claude: Critical cash burn rate of $12.7M per quarter against $2.8M revenue creates <2 quarters runway. Operating margin of -467% and net margin of -414% indicate severe unit economic dysfunction. ChatGPT: Sustained large operating losses and deeply negative free cash flow. Sub-5% gross margin suggests weak unit economics.

What is HYLN's revenue and growth?

Hyliion Holdings Corp. reported revenue of $2.8M.

Does HYLN pay dividends?

Hyliion Holdings Corp. does not currently pay dividends.

Where can I find HYLN SEC filings?

Official SEC filings for Hyliion Holdings Corp. (CIK: 0001759631) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HYLN's EPS?

Hyliion Holdings Corp. has a diluted EPS of $-0.07.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is HYLN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Hyliion Holdings Corp. has a C grade with 77% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is HYLN stock overvalued or undervalued?

Valuation metrics for HYLN: ROE of -6.5% (sector avg: 12%), net margin of -414.4% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

What is HYLN's AI grade for 2026?

Our dual AI analysis gives Hyliion Holdings Corp. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HYLN's free cash flow?

Hyliion Holdings Corp.'s operating cash flow is $-12.7M, with capital expenditures of $1.9M. FCF margin is -515.5%.

How does HYLN compare to other Automotive stocks?

Vs Automotive sector averages: Net margin -414.4% (avg: 6%), ROE -6.5% (avg: 12%), current ratio 10.09 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-03-31 | Powered by Claude AI