Hyliion

Hyliion reported Q2 revenue of $4.94 million, clearly beating analysts’ estimates; loss per share was $0.08, in line with expectations. The company raised its 2026 revenue guidance to $15 million and reported cash of $132.4 million. Hyliion won a $41.7 million military contract, expects the first on-site deployment of the KARNO system next quarter, and plans to produce about 10 KARNO cores by the end of 2026. Despite strong revenue growth, gross margins remain low, and production/scaling and converting demand into recurring revenue are key risks. » More on de.investing.com

Hyliion reported Q1 2026 EPS of -$0.07 (expected -$0.08) and revenue of $2.8 million versus expected $1.15 million. Revenue increased 400% quarter-on-quarter, and operating expenses fell 32% year-on-year. The company received UL certification for the KARNO power module, confirmed full-year revenue guidance of around $10 million, and expects a cash balance of roughly $100 million at year-end. Remaining risks include ongoing net losses, reliance on future military contracts, and potential supply-chain bottlenecks. » More on de.investing.com

Hyliion completed a laboratory demonstration of its KARNO reactor design in which operation switched between natural gas, hydrogen and diesel without hardware changes and without recalibration. The control software automatically detects the fuel composition and adjusts operating parameters during the bidirectional transitions. Hyliion sees applications for data centers and defense and emphasizes the integrated, fuel‑agnostic product architecture; the company is still in the development phase, generated USD 3.5 million in revenue in the past twelve months, is not profitable and has a gross margin of 4.9%. » More on de.investing.com