Slide 1: Fourth Quarter & Full Year 2025 Earnings Presentation
FOURTH QUARTER & FULL YEAR 2025 EARNINGS PRESENTATION MARCH 3, 2026 SEAN BAGAN: PRESIDENT & CHIEF EXECUTIVE OFFICER JEREMY EVANS: EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER TANIA ALMOND: VP, INVESTOR RELATIONS & CORPORATE COMMUNICATION
Slide 2: Safe Harbor
SAFE HARBOR This presentation and oral statements made by management in connection herewith contains “forward‐looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward‐looking statements involve risks and uncertainties, and actual results may differ materi
Slide 3: 4Q25 Executive Summary
4Q25 EXECUTIVE SUMMARY Helios Technologies capped off the year celebrating its 55 th corporate anniversary by ringing the closing bell at the New York Stock Exchange on December 3, 2025. STRONG FINISH TO THE YEAR WITH ACCELERATING SALES GROWTH RESULTING IN EXPANDED PROFITABILITY Growth delivered acr
Slide 4: 4Q25 & FY25 Financial Highlights
4Q25 & FY25 FINANCIAL HIGHLIGHTS EARNINGS GROWTH OUTPACING SALES GROWTH $211M 20.1% $0.81 Sales Adjusted EBITDA Adjusted Diluted 4Q25 Margin1 EPS1 Up 17% YoY Up 270 bps YoY Up 145% YoY $839M 19.2% $2.56 Sales Adjusted EBITDA Adjusted Diluted FY25 Margin1 EPS1 Up 4% YoY Flat YoY Up 22% YoY (1) Includ
Slide 5: 2025 Year in Review
2025 YEAR IN REVIEW RETURNED TO Top Line Growth: FY25 sales of $839 million, PORTFOLIO Divested CFP and signed distribution agreement returned to annual growth of 4%, and up 6% with buyer, Questas Group. pro forma for the CFP divestiture. Moved Helios Center for Engineering Excellence Gross Profit /
Slide 6: 4Q25 Sales by Market, Segment & Region
4Q25 SALES BY MARKET, SEGMENT & REGION GROWTH BROADLY ACROSS ALL MARKETS, EXCEPT INDUSTRIAL ($ in millions) QUARTERLY TRENDS (YoY) SALES BY SEGMENT QUARTER Pro $211 Reported Market* Hydraulics Electronics $180 Forma 63% 37% Industrial $211 Mobile Agriculture 4Q24 4Q25 Recreational Health & Wellness
Slide 7: 4Q25 Gross Profit & Margin
4Q25 GROSS PROFIT & MARGIN STRONG YoY GROWTH; FOURTH QUARTER IN A ROW OF SEQUENTIAL IMPROVEMENT QUARTER YEAR-OVER-YEAR COMMENTARY 33.6% 33.1% 31.8% • Gross profit increased 31% while gross margin 30.6% expanded 350 bps primarily from the impact of higher 30.1% volume, mix, and lower direct labor cos
Slide 8: 4Q25 Operating Income & Margin
4Q25 OPERATING INCOME & MARGIN STRONG MARGIN GROWTH DELIVERED QUARTER YEAR-OVER-YEAR COMMENTARY 15.0% 16.6% 16.4% 13.3% 13.4% • Increased $12.4 million, or 93%, driven by higher sales. 4Q25 4.2% 4.7% 16.0% operating income margin was 12.2%, a 480 bps increase 5.9% 4.7% 8.7% 10.3% 0.6% 12.2% compared
Slide 9: 4Q25 Net Income & Adjusted EBITDA / Margin
4Q25 NET INCOME & ADJUSTED EBITDA / MARGIN SECOND QUARTER IN A ROW WITH EBITDA MARGIN IN THE 20s ($ in millions, except per share data) NET INCOME YEAR-OVER-YEAR COMMENTARY $19.5 • Net income up 306% and diluted EPS up $0.44, or $11.4 $10.3 314% reflecting higher sales, strong operating $4.8 $7.3 pe
Slide 10: 4Q25 Hydraulics Segment
4Q25 HYDRAULICS SEGMENT GROSS MARGIN EXPANDED 440 BASIS POINTS YoY ON HIGHER SALES & CFP SALE IMPACT ($ in millions) YoY Sales: $132.1 10% Gross Profit: $45.0 27% Operating Income: $24.7 50% SALES BY REGION SALES BY CHANNEL 23% APAC 44% ~40% Americas ~60% OEM $132 Distributor or $132 Integrator 33%
Slide 11: 4Q25 Electronics Segment
4Q25 ELECTRONICS SEGMENT GROSS MARGIN EXPANDED 220 BASIS POINTS YoY ON HIGHER SALES & IMPROVED MIX ($ in millions) YoY Sales: $78.6 31% Gross Profit: $25.9 40% Operating Income: $9.5 76% SALES BY REGION SALES BY CHANNEL 83% ~80% 10% Americas ~20% OEM APAC $79 Distributor or $79 Integrator 7% EMEA GR
Slide 12: 4Q25 Cash Flow
4Q25 CASH FLOW DISCIPLINED WORKING CAPITAL REDUCTION EFFORTS PRODUCED RECORD CASH FLOW ($ in millions) Three Month Twelve Months Revenue ADJUSTED FREE CASH FLOW1 (BARS) Ended Ended ADJ FCF CONVERSION1 RATE (DIAMONDS) 1/3/26 12/28/24 1/3/26 12/28/24 $103.6 $94.0 $95.1 Net Cash Provided by $86.3 $46.0
Slide 13: 4Q25 Debt, Liquidity, & Capital Allocation
4Q25 DEBT, LIQUIDITY, & CAPITAL ALLOCATION LIQUIDITY HAS SURPASSED DEBT ($ in millions) DEBT & LIQUIDITY PROFILE CAPITAL ALLOCATION PRIORITIES $467 1. 2. 3. 4. Liquidity Pay Down Organic Returns to Acquisitions Debt Investments Shareholders $367 $73 cash Debt COMMENTARY $105 revolver / other • Net d
Slide 14: 2025 Financial Priorities & The Results
2025 FINANCIAL PRIORITIES & THE RESULTS 1 2 3 4 5 Drive Operating Shorten Cash Leverage Strong Return to Growth Reduce Debt Leverage Conversion Cycle Foundation With higher volumes Through improved Executing on profitable and disciplined Utilizing free cash flow To scale and elevate to working capit
Slide 15: 2026 Financial Priorities
2026 FINANCIAL PRIORITIES EXPAND MAINTAIN OPTIMIZE EXECUTE ON GROSS EARNINGS CAPITAL GROWTH PLAN MARGINS MOMENTUM ALLOCATION By winning our By driving By building on By investing in share of the productivity and our strong organic growth sales funnel and leveraging our foundation and and driving dri
Slide 16: Initiating Outlook for FY26 & 1Q26
INITIATING OUTLOOK FOR FY26 & 1Q26 FY26 OUTLOOK 1Q26 OUTLOOK ISSUED ON 3/2/2026 ISSUED ON 3/2/2026 SALES SALES +4% to +9% +20% to +23% $820M to $860M $218M to $223M Relative to FY25 Pro Forma1 at $792M * Relative to 1Q25 Pro Forma1 at $181M * ADJUSTED EBITDA MARGIN1 ADJUSTED EBITDA MARGIN1 +30 bps t
Slide 17: 2026 Segment Outlook
2026 SEGMENT OUTLOOK HYDRAULICS ELECTRONICS Regional Outlook AMER EMEA APAC AMER EMEA APAC Positive Catalysts Mobile Recreational, Mobile Health & Wellness, Industrial, Commercial Stable / Moderate Lift Agriculture Food Service, Recurring Revenue Flat / No Signs Yet of Bounce Industrial Marine Start
Slide 18: 2025 Key Focus Areas
2025 KEY FOCUS AREAS THE HELIOS TEAM EXECUTED ACROSS THE BOARD ON OUR FOCUS AREAS GO TO MARKET STRUCTURE Institutionalize the engine to track and drive sales funnel, cross-sell, and pipeline management ORGANIC GROWTH Protect and grow base business through capturing more wallet share of existing cust
Slide 19: 2026 Key Focus Areas
2026 KEY FOCUS AREAS EVOLVING AS WE GROW STRATEGIC FRAMEWORK Implementing The Core 2030 Strategy while delivering year one progress to plan EVOLVE OUR GO-TO-MARKET Continuous improvement → converting the growing sales funnel into more new business wins INSTITUTIONALIZE INNOVATION Rigorous NPI proces
Slide 20: Supplemental Information
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Slide 21: 2026 Full Year Outlook
2026 FULL YEAR OUTLOOK AS ISSUED ON 3/2/2026 2026 KEY FINANCIAL 2025 INITIAL METRICS ACTUAL2 OUTLOOK Net Income $48.4 $61 - $72 OUTLOOK ASSUMPTIONS • Hydraulics segment growth, on a pro-forma basis Adjusted EBITDA1 $160.7 $160 - $181 for the CFP divestiture, driven by expected end market recoveries
Slide 22: Segment Data
SEGMENT DATA (Unaudited) ($ in millions) For the Three Months Ended For the Year Ended January 0 3 , Dec ember 2 8 , January 0 3 , Dec ember 2 8 , 2026 2024 2026 2024 Net Sales: Hydraulics $ 132.1 $ 119.7 $ 540.8 $ 537.2 Electronics 78.6 59.8 298.2 268.7 Consolidated $ 210.7 $ 179.5 $ 839.0 $ 805.9
Slide 23: Net Sales by Geographic Region & Segment
NET SALES BY GEOGRAPHIC REGION & SEGMENT (Unaudited) 2025 ($ in millions) % % % % % Change Change Change Change Change Q1 y/y Q2 y/y Q3 y/y Q4 y/y Full Year y/y America s: Hydraulics $ 49.9 (11%) $ 54.2 (9%) $ 53.7 3% $ 58.4 13% $ 216.3 (1%) Electronics 56.7 (2%) 53.7 (7%) 60.5 19% 65.0 32% 235.9 9%
Slide 24: Non-GAAP Adjusted Operating Income & Margin Reconciliation
NON-GAAP ADJUSTED OPERATING INCOME & (Unaudited) NON-GAAP ADJUSTED OPERATING MARGIN RECONCILIATION ($ in millions) For the Three Months Ended January 0 3 , September 2 7 , June 2 8 , Marc h 2 9 , Dec ember 2 8 , 2026 Margin 2025 Margin 2025 Margin 2025 Margin 2024 Margin GAAP operating inc ome $ 2 5
Slide 25: Non-GAAP Adjusted Net Income & Per Diluted Share Reconciliation
NON-GAAP ADJUSTED NET INCOME & NON-GAAP ADJUSTED (Unaudited) NET INCOME PER DILUTED SHARE RECONCILIATION ($ in millions) F o r t he T hre e M o nt hs E nde d F o r t he Y e a r E nde d F o rryt he J a nua 0 3 ,T hre e M Poe rntDhs ilutEende d d D e c e m be r 2 8 , P e r D ilut e d F o rJtahe nuaYry
Slide 26: Non-GAAP Adjusted EBITDA & Margin Reconciliation
NON-GAAP ADJUSTED EBITDA & (Unaudited) NON-GAAP ADJUSTED EBITDA MARGIN RECONCILIATION ($ in millions) F o r t he T hre e M o nt hs E nde d F o r t he Y e a r E nde d J a nua ry 0 3 , D e c e m be r 2 8 , J a nua ry 0 3 , D e c e m be r 2 8 , 2026 M a rgin 2024 M a rgin 2026 M a rgin 2024 M a rgin N
Slide 27: Non-GAAP Adjusted Free Cash Flow Reconciliation
NON-GAAP ADJUSTED FREE CASH FLOW RECONCILIATION (Unaudited) ($ in millions) For the Year Ended December 30, December 29, December 28, January 02, January 01, December 31, December 30, December 28, January 03, 2017 2018 2019 2021 2022 2022 2023 2024 2026 Net cash provided by operating activities $ 49
Slide 28: Pro Forma Non-GAAP Net Sales Reconciliation
PRO FORMA NON-GAAP NET SALES RECONCILIATION (Unaudited) ($ in millions) F o r t he T hre e M o nt hs E nde d F o r t he Y e a r E nde d J a nua ry 3 , 2 0 2 6 J a nua ry 3 , 2 0 2 6 H ydra ulic s E le c t ro nic s C o ns o lida t e d H ydra ulic s E le c t ro nic s C o ns o lida t e d Net Sales $ 13
Slide 29: Non-GAAP Net Sales Growth Reconciliation
NON-GAAP NET SALES GROWTH RECONCILIATION (Unaudited) ($ in millions) F o r t he T hre e M o nt hs E nde d F o r t he Y e a r E nde d H ydra ulic s E le c t ro nic s C o ns o lida t e d H ydra ulic s E le c t ro nic s C o ns o lida t e d Q4 2 0 2 5 Net Sales $ 132.1 $ 78.6 $ 210.7 $ 540.8 $ 298.2 $ 8
Slide 30: Net Debt to Non-GAAP Adjusted EBITDA Reconciliation
NET DEBT TO NON-GAAP ADJUSTED EBITDA RECONCILIATION (Unaudited) ($ in millions) As of January 0 3 , 2026 Current portion of long-term non-revolving debt, net 5.4 Revolving lines of credit 105.5 Long-term non-revolving debt, net 256.2 Total debt 3 6 7 .1 Less: Cash and cash equivalents 73.0 Net debt
Slide 31: heliostechnologies.com
HELIOSTECHNOLOGIES.COM 7456 16th Street East Sarasota, FL 34243 +1-941-362-1200