NYSE$HYLN
Hyliion Holdings Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Hyliion reported its fourth-quarter and full-year 2024 financial results, including revenue from research and development services and a net loss.
Hyliion reported $1.5 million in revenue for the fourth quarter of 2024, primarily from research and development services, and a net loss of $14.4 million. The company secured commitments for over 100 KARNO™ generators and delivered its first Early Adopter Customer Unit in early 2025.
- Delivered the first Early Adopter Customer Unit of the KARNO generator in early 2025.
- Secured commitments for over 100 KARNO™ generators, establishing a multiyear backlog.
- Recorded $1.5 million in revenue for research and development services in Q4 2024.
- Ended the year with $220 million in cash and investments.
Headline financials
Revenue & EPS history
Hyliion · Revenue · Quarterly
$1.51M
Forward guidance
Hyliion projects 2025 revenue between $10 million and $15 million, including generator sales and research and development services. Total cash expenditures are expected to be similar to 2024, around $60 million, net of planned lease financing for some capital investments.
Tailwinds
- Projected 2025 revenue of $10 to $15 million, including generator sales.
- Continued customer deliveries and commercialization of the 200 kW generator later in 2025.
- Plans to deliver ten Early Adopter Customer Units by mid-2025.
- Ongoing testing and validation of the 200 kW KARNO generator system.
- Expansion of manufacturing capacity with additional additive printing machines.
Headwinds
- Expected total cash expenditures of approximately $60 million in 2025.
- Adjusted initial delivery timeline for Early Adopter Customer Units from late 2024 to early 2025 due to manufacturing challenges.
- Challenges related to a key contract manufacturer and processing of a printed component.
- Customer LOIs are non-binding and subject to execution of binding commercial agreements.
- No specific negative guidance points were highlighted beyond the expected expenditures and manufacturing adjustments.
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 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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