Hyliion Holdings Corp. · AMEX:HYLN
Hyliion — Q2 2025 Earnings Presentation
13 slides from Hyliion's earnings presentation, Aug 13, 2025
Slide 1: 2025 2nd Quarter Earnings Call
2025 2nd quarter Earnings call August 13th, 2025
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: One Big Beautiful Bill Act
One Big Beautiful Bill Act 30% Investment Tax Credit has been established for businesses deploying linear electric motors or fuel cells HYLIION® 2025 | Proprietary 3
Slide 4: Production Updates
PRODUCTION UPDATES • Delivered 2nd early adopter unit to the U.S. Navy • Nearing completion of two more KARNOTM Power Modules in coming weeks • One KARNO Power Module for UL Certification and 2nd for commercial customer HYLIION® 2025 | Proprietary 4
Slide 5: Linear Electric Motor Production
LINEAR ELECTRIC MOTOR PRODUCTION HYLIION® 2025 | Proprietary 5
Slide 6: Depowdering & Regen Design
DEPOWDERING & REGEN DESIGN HYLIION® 2025 | Proprietary 6
Slide 7: '25 - '26 Roadmap
'25 - '26 ROADMAP • Deliver 10 Early Adopter Customer Units in 2025 • Full product commercialization will shift into 2026 • Continue to build an inventory of printed components for KARNO Power Modules HYLIION® 2025 | Proprietary 7
Slide 8: U.S. Military Partnership
U.S. MILITARY PARTNERSHIP Two KARNO units in testing for the U.S. Navy Awarded Phase II Small Business Innovation Research contract for up to $1.5 million Designated as an ”Awardable" technology by the U.S. Air Force and the Department of Defense’s Chief Digital and Artificial Intelligence Office HY
Slide 9: $1 billion KARNO Power Modules opportunity in Saudi Arabia
Up to $1 billion 600 kW KARNO Power Modules KARNO Power Modules opportunity in Saudi Arabia deployment in the commercial and industrial sectors Customer commitments are executed as non-binding MOU/LOI and are HYLIION® 2025 | Proprietary 9 subject to the execution of a definitive sales agreement prio
Slide 10: Recap
Recap • LEM assembly successfully transitioned in-house • Regen depowdering confirmed and redesign complete • 30% tax credit in OBBBA • Delivery of 10 Early Adopter units in 2025 • Product commercialization in 2026 HYLIION® 2025 | Proprietary 10
Slide 11: 2025 Q2 Financial Results
2025 Q2 FINANCIAL RESULTS FINANCIAL RESULTS 2nd Quarter Year-to-Date Q2 Highlights • Revenue from R&D Services ($M) 2025 2024 2025 2024 • Gross Margin of $0.1 million R&D Service Revenue $1.5 $0.0 $2.0 $0.0 • Higher R&D expense related to KARNO generator development and print operations Cost of Sale
Slide 12: 2025 Results and Outlook
2025 RESULTS AND OUTLOOK 2025 q2 results • Cash use of $13.5 million Cash use • Capital spending of $4.3 million for printers, 2024 2025 facility upgrades and machining equipment $79.6 Million Est $65 Million • YTD asset sales of $0.8 million $7.6 • Ended Q2 with $185.3 million of cash and long and
Slide 13: Q&A
Q&A