NYSE$HYLN
Hyliion Holdings Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Hyliion reported third-quarter results, securing customer commitments exceeding 2025 KARNO generator production capacity and announcing revenue recognition beginning Q4 2024 for military development projects.
Hyliion Holdings Corp. reported a net loss of $11.2 million for Q3 2024, compared to a $30.3 million loss in the same period last year. The company ended the quarter with $237.5 million in cash and investments and is on track to deliver initial customer units by year-end. They reaffirmed guidance of low double-digit millions in revenue for 2025.
- On track to deliver initial customer units by year-end and reaffirms guidance of low double-digit millions in revenue for 2025
- Secured customer commitments exceeding 2025 KARNOTM generator production capacity
- Announced revenue recognition beginning Q4 2024 for military development projects
- Ended the quarter with $237.5 million of cash and investments
Headline financials
Revenue & EPS history
Hyliion · Revenue · Quarterly
$0
Forward guidance
Hyliion projects growth in KARNO generator deliveries for 2025, with sales and R&D services expected to generate low double-digit millions in revenue. The company is also targeting approximately break-even gross margins on a cash basis by late 2025 or early 2026, with cash spending to grow modestly compared to 2024.
Tailwinds
- Growth of KARNO generator deliveries in 2025
- Proceeds from sales and research and development services in the low double-digit millions of dollars in 2025
- Targeting approximately break-even gross margins on a cash basis by late 2025 or early 2026
- Cash spending to grow modestly compared to 2024
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 Q3 2024
-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
| Quarter | Report date | Reaction (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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