NYSE$HYLN

Hyliion Holdings Corp · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported fourth-quarter and full-year 2022 financial results.

Hyliion Holdings reported Q4 2022 financial results, achieving revenue of $1.1 million related to Hybrid sales. The company's operating expenses totaled $31.6 million for the quarter. Hyliion ended the quarter with $422 million in cash, short-term and long-term investments.

  • Achieved new Hypertruck ERX™ commercialization milestone
  • Obtained a 10-unit order for the Hypertruck ERX powertrain from DSV Logistics
  • Announcing collaboration with Hyzon Motors to jointly develop a fuel cell powered truck
  • Met 2022 revenue guidance
  • Ended 2022 with $422 million of available capital on the balance sheet
  • 2023 operating expense guidance of $130 - $140 million

Headline financials

Total Revenue

$1.1M

Previous: $200K+447.5%
EPS (adj)

-$0.16

Previous: -$0.17+5.9%
Capital Expenditures

$264K

Previous: $167K+58.1%
Free Cash Flow

-$33.7M

Previous: -$30.8M-9.2%
Net Income

-$29.4M

Previous: -$29.6M+0.8%
Operating Income

-$32.1M

Previous: -$29.1M-10.2%
Gross Profit

-$523K

Previous: -$2.54M+79.4%
Cash & Equivalents

$119M

Previous: $258M-53.8%
Total Assets

$447M

Previous: $578M-22.8%
Stock-Based Comp

$1.71M

Previous: $950K+80.1%

Revenue & EPS history

Hyliion · Revenue · Quarterly

$1.1M

Q4 2022+447.5%vs Q4 2021
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

The Company expects full-year 2023 operating expenses to be in the $130 to $140 million range.

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 Q4 2022

Historical avgQ4 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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