Hyliion Holdings Corp. · AMEX:HYLN
Hyliion — Q2 2026 Earnings Presentation
14 slides from Hyliion's earnings presentation, Aug 12, 2026
Slide 1: 2026 2nd quarter Earnings call
2026 2nd quarter Earnings call August 12th, 2026
Slide 2: Disclaimer
DISCLAIMER The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact i
Slide 3: Defense Updates
DEFENSE UPDATES $41.7 Million Navy Contract Expecting Additional Military Contracts in 2026 Increased Engagement & Opportunities HYLIION® 2026 | Proprietary 3
Slide 4: Early Adopter Units
EARLY ADOPTER UNITS On Schedule to Complete the ~10 Early Adopter Units in 2026 HYLIION® 2026 | Proprietary 4
Slide 5: Multi-Module Operation & Production Progress
MULTI-MODULE OPERATION & PRODUCTION PROGRESS HYLIION® 2026 | Proprietary 5
Slide 6: Customer Interest
CUSTOMER INTEREST Data Centers Military Driven by AI power demand and the Utilize KARNO tech for autonomous KARNO system’s vessels and military base power native 800-volt DC capability. installations. HYLIION® 2026 | Proprietary 6
Slide 7: Additive Manufacturing Breakthroughs
ADDITIVE MANUFACTURING BREAKTHROUGHS Beta Machine Agreement with Colibrium Additive, a GE Company HYLIION® 2026 | Proprietary 7
Slide 8: Capital to Print Capacity
CAPITAL TO PRINT CAPACITY 1 MW Annual KARNO Power Module Capacity $1.5M One-time Manufacturing Capital Investment $2.5M–$3.0M Annual Revenue at Current Pricing HYLIION® 2026 | Proprietary 8
Slide 9: 2026 Milestones
2026 MILESTONES Liquid Fuel Operation UL Certification Multi-KARNO Power Module Operation Printer Speed Enhancements New R&D Contract with U.S. Military Initial Customer Site Deployment Complete 800kW US Navy Multi-KARNO System Complete Remaining Early Adopter Deployments Commercial and R&D Services
Slide 10: 3-Year Outlook
3-YEAR OUTLOOK 2026 2027 2028 • Complete Early Deployments • Ramp up Deliveries of and • Commercial Growth with Commercialize 200 kW Accelerating Deliveries • Printer Speed Enhancements System • Continue Capital Buildout of • Secure Additional Military • Develop Multi-MW KARNO Printer Fleet R&D Serv
Slide 11: 2026 Q2 and Year to Date Results
2026 Q2 AND YEAR TO DATE RESULTS FINANCIAL RESULTS 2nd Quarter Year-to-Date Q2 Highlights • Revenue from R&D Services for U.S. Navy ($M) 2026 2025 2026 2025 • Gross Margin of $0.4 million R&D Service Revenue $4.9 $1.5 $7.8 $2.0 • Lower R&D expense due to shift of work to revenue Cost of Sales (4.6)
Slide 12: Q2 2026 Results & 2026 Outlook
Q2 2026 RESULTS & 2026 OUTLOOK Q2 2026 results • Cash use of $6.9 million in Q2 and $20.0 million in 2026 Cash Forecast the first half • 2026 capital spending of $2.1 million year-to-date $152 -$40 versus $11.6 million in 2025 $115 - $10-$15 $120 • Ended Q2 with $132.4 million of cash and short and
Slide 13: Closing Remarks
CLOSING REMARKS QUARTER RECAP Awarded Largest Military Contract to Date at $41.7 Million Increased Revenue Guidance by 50% Improving Additive Manufacturing Throughput Speed by up to 3x WHAT'S NEXT Complete Early Adopter Units Build the 800kW Navy System for USX-1 Defiant HYLIION® 2026 | Proprietary
Slide 14: Q&A
Q&A