Holley Inc.
For the period ended Dec 31, 2025. Filed Mar 16, 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 Mar 16, 2026
HLLY$2.610.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
(in thousands)
| For the years ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net sales | $613,514 | $602,224 |
| Cost of goods sold | 347,279 | 363,680 |
| Gross profit | 266,235 | 238,544 |
| Selling, general, and administrative | 146,132 | 132,149 |
| Research and development costs | 18,831 | 18,710 |
| Amortization of intangible assets | 13,778 | 13,884 |
| Impairment of indefinite-lived intangible assets | - | 7,695 |
| Impairment of goodwill | - | 40,906 |
| Restructuring costs | 2,903 | 1,566 |
| Loss on sale of assets | - | 9,234 |
| Other operating expense (income) | 2,110 | (268) |
| Total operating expense | 183,754 | 223,876 |
| Operating income | 82,481 | 14,668 |
| Change in fair value of warrant liability | 1,211 | (7,570) |
| Change in fair value of earn-out liability | 897 | (2,333) |
| Loss (gain) on early extinguishment of debt | (93) | 141 |
| Interest expense, net | 51,833 | 50,690 |
| Total non-operating expense | 53,848 | 40,928 |
| Income (loss) before income taxes | 28,633 | (26,260) |
| Income tax expense (benefit) | 9,458 | (3,025) |
| Net income (loss) | $19,175 | $(23,235) |
| Comprehensive income (loss): | ||
| Foreign currency translation adjustment | 1,282 | (452) |
| Total other comprehensive income (loss) | 1,282 | (452) |
| Total comprehensive income (loss) | $20,457 | $(23,687) |
| Common Share Data: | ||
| Weighted average common shares outstanding - basic | 119,213,277 | 118,441,580 |
| Weighted average common shares outstanding - diluted | 120,043,170 | 118,441,580 |
| Basic net income (loss) per share | $0.16 | $(0.20) |
| Diluted net income (loss) per share | $0.16 | $(0.20) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.