Hyliion Holdings annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Hyliion Holdings R&D Spending Growth & History (HYLN)
Hyliion Holdings's r&d spending was $42.5M for fiscal 2025.
View full Hyliion Holdings company overviewHyliion Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $42.5M | $5.5M | +14.76% |
| 2024 | 2024-12-31 | $37.0M | −$45.2M | −55.00% |
| 2023 | 2023-12-31 | $82.2M | −$28.1M | −25.49% |
| 2022 | 2022-12-31 | $110.4M | $52.1M | +89.44% |
| 2021 | 2021-12-31 | $58.3M | $45.7M | +362.46% |
| 2020 | 2020-12-31 | $12.6M | $3.3M | +35.92% |
| 2019 | 2019-12-31 | $9.3M | — | — |
Hyliion Holdings quarterly r&d spending
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.5M | −$642,000 | −6.33% |
| Q1 2026 | 2026-03-31 | $7.7M | −$4.6M | −37.29% |
| Q4 2025 | 2025-12-31 | $10.0M | −$1.3M | −11.53% |
| Q3 2025 | 2025-09-30 | $10.1M | $674,000 | +7.12% |
| Q2 2025 | 2025-06-30 | $10.1M | $1.8M | +21.97% |
| Q1 2025 | 2025-03-31 | $12.2M | $4.3M | +53.49% |
| Q4 2024 | 2024-12-31 | $11.3M | $2.5M | +28.46% |
| Q3 2024 | 2024-09-30 | $9.5M | −$15.7M | −62.33% |
| Q2 2024 | 2024-06-30 | $8.3M | −$19.1M | −69.71% |
| Q1 2024 | 2024-03-31 | $8.0M | −$12.9M | −61.91% |
| Q4 2023 | 2023-12-31 | $8.8M | −$13.1M | −59.83% |
| Q3 2023 | 2023-09-30 | $25.1M | −$27.6M | −52.32% |
| Q2 2023 | 2023-06-30 | $27.4M | $7.4M | +36.81% |
| Q1 2023 | 2023-03-31 | $20.9M | $5.1M | +32.33% |
| Q4 2022 | 2022-12-31 | $21.8M | $4.4M | +25.51% |
| Q3 2022 | 2022-09-30 | $52.7M | $34.5M | +190.24% |
| Q2 2022 | 2022-06-30 | $20.1M | $6.7M | +49.80% |
| Q1 2022 | 2022-03-31 | $15.8M | $6.5M | +69.40% |
| Q4 2021 | 2021-12-31 | $17.4M | $12.9M | +289.56% |
| Q3 2021 | 2021-09-30 | $18.1M | $15.2M | +523.93% |
| Q2 2021 | 2021-06-30 | $13.4M | $10.8M | +424.24% |
| Q1 2021 | 2021-03-31 | $9.3M | $6.7M | +249.38% |
| Q4 2020 | 2020-12-31 | $4.5M | — | — |
| Q3 2020 | 2020-09-30 | $2.9M | — | — |
| Q2 2020 | 2020-06-30 | $2.6M | — | — |
| Q1 2020 | 2020-03-31 | $2.7M | — | — |
Hyliion Holdings r&d spending trends
Over the last five fiscal years, Hyliion Holdings's r&d spending increased from $12.6M to $42.5M, a change of $29.9M. The latest reported quarter, Q2 2026, shows $9.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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