Hyliion Holdings Corporation Stock Price, News & Analysis

Hyliion Holdings (NYSE: HYLN) reported its Q1 2025 financial results and provided updates on its KARNO™ generator platform. The company recorded revenue of $0.5 million and maintained its 2025 revenue guidance of $10-15 million. Key highlights include the public unveiling of the KARNO Power Module, securing LOIs for over 100 units, and successful operational testing with the U.S. Navy.

The company ended Q1 with $198.8 million in cash and investments, expecting a year-end balance of $155 million. Operating expenses totaled $19.7 million, with R&D expenses increasing to $12.2 million. The net loss was $17.3 million. Hyliion adjusted its 2025 cash spending forecast to $65 million due to tariffs, R&D acceleration, and equipment investments. The company remains on track for KARNO Power Module commercialization by late 2025.

Hyliion Holdings (NYSE: HYLN) has signed a non-binding Letter of Intent (LOI) with Mesa Natural Gas Solutions for collaboration on deploying the KARNO Power Module. The agreement includes the purchase of one 200 kW KARNO Power Module and an option to acquire additional modules totaling 2.4 MW in capacity upon successful validation. The demonstration will be conducted in two phases: first at a commercial site for stationary power generation using natural gas, followed by deployment at an oil and gas site using wellhead or flare gas.

Hyliion Holdings (NYSE American: HYLN), a developer of modular power plant technology, has announced it will release its first-quarter 2025 financial results after market close on Tuesday, May 13, 2025. The company will host a conference call and webcast to discuss these results on Wednesday, May 14, 2025, at 10:00 a.m. CT / 11:00 a.m. ET.

During the call, management will discuss financial results, business updates, and outlook. An archived version of the webcast will be available on the company's Investor Relations website following the live presentation.

Hyliion Holdings Corp. (NYSE: HYLN) has announced its participation in the Advanced Clean Transportation (ACT) Expo 2025, scheduled for April 28 - May 1 at the Anaheim Convention Center. The company will unveil its KARNO Power Module, a fuel-agnostic system featuring linear generator architecture and advanced additive manufacturing, at Booth #6205.

The event will include a press conference on April 29 at 12:30 PM PT, followed by a presentation by CEO Thomas Healy titled 'Empowering EVs: The Role of Microgrids in Sustainable Charging Solutions' at 2:10 PM PT. Healy will discuss how localized microgrids powered by technologies like the KARNO system can provide reliable, efficient EV charging while reducing grid dependency.

Hyliion Holdings (NYSE: HYLN) reported its Q4 and full-year 2024 results, highlighting significant progress in its KARNO generator business. The company delivered its first Early Adopter Customer Unit in early 2025 and secured commitments for over 100 KARNO generators. Key achievements include:

- Q4 2024 revenue of $1.5M from R&D services
- Secured LOI with data center developer for up to 70MW capacity
- Awarded $6M federal grant for methane emission reduction
- Announced deployment with Al Khorayef in Saudi Arabia

Financial highlights: 2025 revenue guidance of $10-15M, ended 2024 with $220M cash position. Q4 net loss was $14.4M, improved from $29.1M in Q4 2023. Full-year 2024 net loss was $52.0M. The company expects 2025 cash expenditures of approximately $60M for KARNO development and commercialization.

Hyliion Holdings Corp. (NYSE: HYLN) has signed a non-binding Letter of Intent (LOI) with Al Khorayef Group to deliver up to twelve 200 kW KARNO™ generator units in Saudi Arabia. The generators will be deployed for agricultural and power generation applications, supporting Saudi Arabia's Vision 2030 sustainability goals.

The KARNO generators will initially operate on LPG and natural gas, with future fuel flexibility. These units are designed to provide efficient, low-emission power for farms, irrigation systems, and agricultural machinery in remote locations with unreliable or unavailable grid power. Key features include high efficiency, minimal maintenance requirements, and quiet operation.

Al Khorayef Group, operating in over 40 countries through its Gulf Power brand, brings 50 years of experience in power generation and industrial solutions. The LOI is subject to executing a binding purchase agreement.

Hyliion Holdings (NYSE American: HYLN) has announced its upcoming fourth-quarter and full-year 2024 financial results conference call and webcast, scheduled for February 26, 2025, at 10:00 a.m. CT / 11:00 a.m. ET. The company, which develops sustainable electricity-producing technology, will release its financial results after market close on February 25, 2025. The conference call will include a Q&A session, and an archived version of the webcast will be available on the company's Investor Relations website.

Hyliion Holdings (NYSE: HYLN) and ElectriGen have partnered on a project to reduce methane emissions in the oil and gas sector, backed by a $6 million grant from the U.S. Department of Energy's Methane Emissions Reduction Program. The total project represents $8.4 million in federal and non-federal funding.

The collaboration involves installing up to 2 megawatts of Hyliion's KARNO™ generators, which can operate on over 20 different fuels, including unprocessed field gas. The KARNO generator has been successfully tested using untreated natural gas from the Permian Basin and offers lower maintenance costs and reduced emissions compared to conventional technologies.

The project aims to demonstrate KARNO's ability to convert well-head gas into sustainable, near-zero emissions electricity, creating a revenue stream from gas that would otherwise be flared. The funding is part of an $850 million federal program targeting methane emissions reduction in the oil and gas industry.

Hyliion Holdings (NYSE: HYLN) has received its first M Line additive manufacturing system from Colibrium Additive, marking the first U.S. deployment of this technology. The company has ordered additional M Line machines with deliveries planned through 2025.

The M Line system significantly enhances Hyliion's production capabilities, enabling 2-4 times more parts per machine compared to current printers. This advanced manufacturing technology is important for producing the complex components of Hyliion's KARNO generator, which can efficiently generate electricity using over 20 different fuel sources.

The KARNO generator is designed to provide on-demand AC or DC power with higher efficiency and lower emissions compared to conventional gensets. The M Line's modular design separates Laser Processing and Material Handling systems, helping streamline operations and reduce production times.