HYLN

Hyliion reported its Q4 and full-year 2025 financial results, with revenue of $0.7 million for Q4 and $3.5 million for the full year, ending 2025 with $152 million in cash and investments. The company announced the successful operation of its KARNO Core system on diesel fuel, meeting Tier 4 Final emissions requirements without aftertreatment. Hyliion scheduled its Q1 2026 financial results conference call for May 13, 2026. The company successfully completed the first phase of performance testing for the KARNO technology on a representative U.S. Navy load profile. The KARNO Power Module successfully completed 100 days of operation on a customer asset without hardware-related unplanned downtime. Hyliion entered into a strategic partnership with ABM Industries to jointly deliver integrated distributed energy solutions. Hyliion experienced setbacks, including delayed UL certification and needing more time to achieve nameplate power output for the KARNO linear generator, and the development of a large-scale data center solution is in early stages. Hyliion Holdings Corp. was dropped from the Russell 2000 Growth Index.