Hyliion Holdings Corp.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 25, 2026
HYLN$3.14+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Dollar amounts in thousands, except share and per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | ||
| Research and development services | $3,475 | $1,509 |
| Total revenues | 3,475 | 1,509 |
| Cost of revenues | ||
| Research and development services | 3,305 | 1,415 |
| Total cost of revenues | 3,305 | 1,415 |
| Gross profit | 170 | 94 |
| Operating expenses | ||
| Research and development | 42,467 | 37,004 |
| Selling, general and administrative | 22,757 | 24,382 |
| Exit and termination costs | 499 | 3,007 |
| Total operating expenses | 65,723 | 64,393 |
| Loss from operations | (65,553) | (64,299) |
| Interest income | 8,351 | 12,216 |
| Gain on disposal of assets | 14 | 3 |
| Other income, net | — | 32 |
| Net loss | $(57,188) | $(52,048) |
| Net loss per share, basic and diluted | $(0.33) | $(0.30) |
| Weighted-average shares outstanding, basic and diluted | 175,426,635 | 174,915,487 |
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