Helios Technologies (HLIO) financial statements
Helios Technologies reported revenue of $839M in fiscal 2025, up 17.5% a year over 9 years.
Net income was $48M and the operating margin 7.9%, against 17.5% in 2016.
Free cash flow was $104M, and the company returned $12M in dividends.
The diluted share count rose 24% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Helios Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $197M | $343M | $508M | $555M | $523M | $869M | $885M | $836M | $806M | $839M |
| Cost of revenue | $126M | $206M | $315M | $342M | $327M | $556M | $587M | $574M | $554M | $568M |
| Gross profit | $71M | $137M | $193M | $212M | $196M | $313M | $298M | $262M | $252M | $271M |
| Research and development | $4M | $11M | $14M | $15M | $16M | $17M | $17M | $19M | $20M | $19M |
| Selling, general and admin | $35M | $66M | $94M | $100M | $107M | $131M | $133M | $149M | $139M | $148M |
| Operating income | $34M | $61M | $76M | $90M | $35M | $149M | $137M | $80M | $82M | $66M |
| Interest expense | $483,000 | $4M | — | — | — | — | — | — | — | — |
| Pre-tax income | $35M | $48M | $56M | $75M | $24M | $131M | $122M | $49M | $50M | $62M |
| Income tax | $12M | $16M | $10M | $15M | $10M | $27M | $23M | $12M | $12M | $14M |
| Net income | $23M | $32M | $47M | $60M | $14M | $105M | $98M | $38M | $39M | $48M |
| EPS (diluted) | $0.87 | $1.17 | $1.49 | $1.88 | $0.44 | $3.22 | $3.02 | $1.14 | $1.17 | $1.45 |
| Diluted shares | 27M | 27M | 31M | 32M | 32M | 32M | 33M | 33M | 33M | 33M |
| Gross margin | 36.2% | 39.8% | 37.9% | 38.3% | 37.5% | 36.0% | 33.7% | 31.3% | 31.3% | 32.3% |
| Operating margin | 17.5% | 17.9% | 14.9% | 16.2% | 6.8% | 17.2% | 15.5% | 9.6% | 10.2% | 7.9% |
| Net margin | 11.8% | 9.2% | 9.2% | 10.9% | 2.7% | 12.0% | 11.1% | 4.5% | 4.8% | 5.8% |
Balance sheet
Fiscal years, from Helios Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $81M | $64M | $23M | $22M | $25M | $28M | $44M | $32M | $44M | $73M |
| Receivables | $26M | $38M | $73M | $67M | $98M | $135M | $125M | $115M | $105M | $116M |
| Inventory | $30M | $42M | $86M | $85M | $110M | $166M | $192M | $215M | $190M | $189M |
| Total current assets | $141M | $147M | $197M | $193M | $254M | $352M | $388M | $397M | $384M | $415M |
| Property, plant and equipment | $81M | $92M | $127M | $146M | $163M | $151M | $156M | $202M | $194M | $189M |
| Goodwill | $104M | $109M | $383M | $378M | $444M | $460M | $468M | $514M | $499M | $498M |
| Total assets | $445M | $460M | $1.0B | $1.0B | $1.3B | $1.4B | $1.5B | $1.6B | $1.5B | $1.5B |
| Total current liabilities | $31M | $46M | $93M | $76M | $128M | $170M | $152M | $145M | $139M | $143M |
| Long-term debt | — | — | $92M | $84M | $190M | $184M | $164M | $298M | $283M | $256M |
| Total liabilities | $208M | $187M | $511M | $444M | $689M | $706M | $669M | $736M | $641M | $583M |
| Shareholders' equity | $236M | $273M | $531M | $578M | $608M | $709M | $795M | $855M | $864M | $932M |
| Net debt | -$74M | -$64M | $73M | $70M | $181M | $174M | $140M | $289M | $255M | $189M |
Cash flow
Fiscal years, from Helios Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $39M | $49M | $77M | $90M | $109M | $113M | $110M | $84M | $122M | $127M |
| Capital spending | $6M | $22M | $28M | $25M | $15M | $27M | $32M | $34M | $27M | $24M |
| Free cash flow | $32M | $27M | $49M | $65M | $94M | $86M | $78M | $50M | $95M | $104M |
| Stock-based compensation | $5M | $4M | $4M | $5M | $6M | $9M | $9M | $12M | $3M | $5M |
| Dividends paid | $11M | $10M | $11M | $12M | $12M | $12M | $12M | $12M | $12M | $12M |
| Net borrowing | — | — | $98M | -$5M | $114M | -$4M | -$18M | $138M | -$21M | -$38M |
| Free cash flow margin | 16.4% | 7.9% | 9.7% | 11.8% | 18.0% | 9.9% | 8.8% | 5.9% | 11.8% | 12.3% |
| Dividends per share | $0.40 | $0.38 | $0.35 | $0.36 | $0.36 | $0.36 | $0.36 | $0.36 | $0.36 | $0.36 |
Questions
What was Helios Technologies's revenue in 2025?
$839M in fiscal 2025, from its 10-K filing.
How much free cash flow does Helios Technologies generate?
$104M in fiscal 2025 (operating cash flow minus capital spending).
From Helios Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.