Hyliion raises 2026 revenue forecast to $18 million from $15 million
HYLN•Hyliion raised its 2026 revenue forecast to approximately $18 million from $15 million. Third-quarter revenue was $7.5 million, compared with $0.8 million a year earlier.
1. Updated forecast
Hyliion raised its 2026 revenue forecast to approximately $18 million from $15 million. It expects military contract awards of approximately $50 million, the high end of its previous $40 million–$50 million range.
2. Quarterly results and cash
Third-quarter revenue reached $7.5 million, compared with $0.8 million a year earlier, supported by growing U.S. Navy R&D services. Year-end cash and investments guidance remained $115 million–$120 million, versus $121.4 million at September quarter-end. Capital expenditures are forecast at approximately $4 million, and the company no longer expects equipment financing.
