Hyliion Holdings Corp. · AMEX:HYLN
Hyliion — Q3 2026 Earnings Presentation
14 slides from Hyliion's earnings presentation, Nov 11, 2026
Slide 1: 2026 3rd Quarter Earnings Call
2026 3rd Quarter Earnings call November 11th, 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: Highlights
HIGHLIGHTS $7.5M ~$18M ~$50M $45.5M Q3 Revenue 2026 Revenue Total Military Awards Remaining vs. $0.8M in Q3 2025 Outlook Expected in 2026 Authorized Funding Raised from $15M last quarter High end of the $40–$50M Under existing military and $10M at start of year range contracts EARLY ADOPTERS COMMERC
Slide 4: Early Adopter Unit Deliveries
EARLY ADOPTER UNIT DELIVERIES DELIVERED Additional Unit to the Navy for Long-Duration Operation on Diesel IN PROGRESS • First Commercial Field Deployment • Build of Additional Commercial Unit • Build of 800 kW System for the USX-1 Defiant Navy Ship EXPECTED MID - Q1 2027 Completion of All Early Adop
Slide 5: System Performance Update
SYSTEM PERFORMANCE UPDATE Additive Print Manufacturing Quality System Power Improvements Improvements Progress 200 kW of 800V DC Power from the KARNO Core, on Track for Year-End HYLIION® 2026 | Proprietary 5
Slide 6: Military Contracts
MILITARY CONTRACTS $50M Total Military Contracts Expected to be Awarded in 2026 (approx.) Remaining Authorized Funding of Already Awarded Contracts $45.5M (at start of Q4 2026) HYLIION® 2026 | Proprietary 6
Slide 7: Customer Demand
CUSTOMER DEMAND Data Centers Defense Prime Power KARNO technology Could support a significant Customers seeking lower- addresses local concerns portion of our future cost, fuel-flexible about power generation production capacity alternatives to grid power and its environmental impact Growing Demand
Slide 8: Additive Manufacturing Progress
ADDITIVE MANUFACTURING PROGRESS Up to 3x Faster Print Speeds from Enhancements HYLIION® 2026 | Proprietary 8
Slide 9: Manufacturing Operations
MANUFACTURING OPERATIONS Consolidating Printing and Manufacturing Operations in Texas Ohio Remains the Primary R&D Facility and Workspace for 800 kW Systems Expanded the Hyliion leadership team to Support Growing Manufacturing and Operations HYLIION® 2026 | Proprietary 9
Slide 10: 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 Commercial and R&D Services Revenue of $10 million Initial Customer Site Deployment Complete 800 kW US Navy Multi-MW KARNO System Complete Remainin
Slide 11: 2026 Q3 and Year-to-Date Results
2026 Q3 AND YEAR-TO-DATE RESULTS FINANCIAL RESULTS 3rd Quarter Year-to-Date Q3 Highlights • Growing revenue from R&D Services for U.S. Navy ($M) 2026 2025 2026 2025 • Gross margin of $0.6 million R&D Service Revenue $7.5 $0.8 $15.2 $2.8 • Lower R&D expense due to shift of work to revenue Cost of Sal
Slide 12: 2026 Q3 Results & Full Year Outlook
2026 Q3 RESULTS & FULL YEAR OUTLOOK 2026 Q3 results • Cash use of $11.0 million in Q3 and $31.0 million 2026 Cash Forecast year-to-date • 2026 capital spending of $2.4 million versus $22.0 $152 ~$33 million in 2025 due to lower printer purchases $115 - • Ended Q3 with $121.4 million of cash and shor
Slide 13: Closing Remarks
CLOSING REMARKS Early Adopter Deliveries and System Performance Growing Military Contracts and Customer Demand Manufacturing Throughput and Capacity for 2027 Quarter Revenue of $7.5M Exceeded Expectation HYLIION® 2026 | Proprietary 13
Slide 14: Q&A
Q&A