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Hyliion Holdings (Hyliion Holdings) Net Income : $-110.27 Mil (TTM As of Mar. 2024)


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What is Hyliion Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hyliion Holdings's Net Income for the three months ended in Mar. 2024 was $-15.59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-110.27 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hyliion Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.09.


Hyliion Holdings Net Income Historical Data

The historical data trend for Hyliion Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hyliion Holdings Net Income Chart

Hyliion Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-14.11 324.12 -96.05 -153.36 -123.51

Hyliion Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.83 -35.23 -30.32 -29.13 -15.59

Hyliion Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hyliion Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-123.51+0+0+0
=-123.51

Hyliion Holdings's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.592+0+0+0
=-15.59

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-110.27 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hyliion Holdings  (NYSE:HYLN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hyliion Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hyliion Holdings Net Income Related Terms

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Hyliion Holdings (Hyliion Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1202 BMC Drive, Suite 100, Cedar Park, TX, USA, 78613
Hyliion Holdings Corp is a provider of electrified solutions for the commercial vehicle industry as well as other industries. The company focuses on reducing the carbon intensity and greenhouse gas emissions of the transportation sector by providing electrified powertrain solutions for Class 8 commercial vehicles at the lowest total cost of ownership. It is currently developing two powertrain systems: Hybrid system and Hypertruck ERX system.
Executives
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Cheri Lantz officer: CHIEF STRATEGY OFFICER C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Thomas J. Healy director, 10 percent owner, officer: Chief Executive Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Dennis M. Gallagher officer: Chief Operating Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Jeffrey A Craig director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Vincent T. Cubbage director 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
Jon Panzer officer: Chief Financial Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Card Andrew H Jr director 5747 N 4TH STREET, ARLINGTON VA 22205
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Jose Miguel Oxholm officer: VP, General Counsel and CCO C/O HYLIION HOLDINGS CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Patrick Sexton officer: Chief Technology Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Edward E Olkkola director 300 WEST SIXTH STREET STE.2300, AUSTIN TX 78701
Sherri Baker director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275