NYSE$HYLN

Hyliion Holdings Corp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported second-quarter 2022 financial results.

Hyliion reported $0.2 million in revenue from Hybrid sales and an operating loss of $34.2 million. The company ended the quarter with over $500 million on its balance sheet and reiterated full-year 2022 revenue expectations of between $2.0 million and $3.0 million.

  • Increased order backlog to 200 Hypertruck ERX™ production slots, plus nearly 2,000 units in reservations to date
  • Reached new milestone in Hypertruck ERX development with start of on-road testing of design verification vehicles
  • Completed first freight delivery with Hypertruck ERX in partnership with GreenPath Logistics for one of the nation’s largest retailers
  • Closed quarter with over $500 million on balance sheet

Headline financials

Total Revenue

$172K

No prior period
EPS (adj)

-$0.19

Previous: -$0.13-46.2%
Capital Expenditures

-$559K

Previous: $607K-192.1%
Free Cash Flow

-$34M

Previous: -$14M-142.9%
Net Income

-$33.5M

Previous: -$23.2M-44.0%
Operating Income

-$34.2M

Previous: -$23.4M-45.9%
Gross Profit

-$1.97M

No prior period
Cash & Equivalents

$200M

Previous: $318M-37.1%
Total Assets

$520M

Previous: $632M-17.8%
Stock-Based Comp

$1.92M

Previous: $1.92M+0.3%

Revenue & EPS history

Hyliion · Revenue · Quarterly

$172K

Q2 2022
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

For the full-year 2022, Hyliion expects revenue in the range of $2 million to $3 million from Hybrid sales and the potential sale of full trucks with Hybrid systems. The Company lowered its operating expense guidance to the range of $130 million to $140 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-2.0%

Avg return

Earnings day

+2.8%

Avg return

5 days after

-0.3%

Avg return

30 days after

41%

11 / 27 earnings

Positive

+17.5%

Q4 2023

Best reaction

-18.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%+69.8%+168.4%
Q4 2025-4.0%+12.1%-9.5%
Q3 2025-13.4%-24.8%-11.0%
Q1 2025-18.1%-29.8%-24.1%
Q4 2024+1.1%-18.5%-23.4%
Q3 2024-5.9%+15.2%+11.1%
Q2 2024-4.7%+21.2%-1.2%
Q1 2024+17.3%+21.1%+11.3%
Q4 2023+17.5%+29.2%+36.7%
Q3 2023-14.6%-3.6%-1.3%
Q2 2023-11.7%-20.5%-26.9%
Q1 2023+7.4%+3.4%+2.3%
Q4 2022+2.9%+4.4%-28.7%
Q3 2022-12.3%+11.6%+1.1%
Q2 2022+1.5%-1.3%-31.4%
Q1 2022-6.1%+4.2%+18.5%
Q4 2021+10.2%+12.8%+14.1%
Q3 2021-16.4%-14.2%-30.8%
Q2 2021-4.0%-11.3%-10.7%
Q1 2021-0.8%+2.9%+44.4%
Q2 2020+9.2%-2.0%-27.1%
Q4 2019+9.2%-2.0%-27.1%
Q4 2020-10.2%-18.1%-38.1%
Q3 2020-4.9%+7.8%-26.3%
Q1 2020+0.5%+0.1%+1.9%
Q2 2019+0.3%
Q1 2019+0.0%

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