Hyliion Holdings Corp Q2 2025 Earnings Call Highlights: Navigating Challenges and Opportunities

Hyliion Holdings Corp reported Q2 2025 revenue of $1.5 million, a net loss of $13.4 million, and adjusted 2025 revenue forecast to $5 to $10 million. The company resolved key engineering and manufacturing challenges, transitioned LEM production in-house, and achieved a technical milestone. However, commercialization of the Karno Power module is delayed to 2026, and operating expenses increased.

Hyliion Holdings Corp. (NYSE American: HYLN) reported its second-quarter 2025 financial results, highlighting key achievements and challenges in the development and commercialization of its KARNO™ generator platform. The company reported revenue of $1.5 million, a net loss of $13.4 million, and adjusted 2025 revenue forecast to $5 to $10 million.

Key highlights from the quarter include the successful transition of linear electric motor (LEM) production in-house, which improved throughput and supported the company's 2025 deployment targets. Additionally, Hyliion resolved the regen depowdering challenge and redesigned the critical regen part to address performance issues. The company also signed a $1 billion memorandum of understanding (MOU) with Alkhorayef Industries for potential deployment in Saudi Arabia, further expanding its international reach.

However, the company faced increased operating expenses, primarily driven by higher research and development (R&D) costs. The adjusted 2025 revenue forecast was reduced from $10 to $15 million to $5 to $10 million due to the delay in commercialization of the KARNO Power Module to 2026. The company expects a year-end balance of approximately $155 million in cash and investments.

References:
[1] Hyliion Holdings Reports Second-Quarter 2025 Financial Results. (2025, August 12). Retrieved from https://investors.hyliion.com/news/news-details/2025/Hyliion-Holdings-Reports-Second-Quarter-2025-Financial-Results/default.aspx