HELIOS TECHNOLOGIES (HLIO) Company Report

Helios Technologies reported a return to growth with 13% growth in Q3 and projected full-year growth for 2025, alongside sequential gross margin expansion and a 200 basis point year-over-year increase in Q3 gross margin.
The company has significantly improved its financial profile, reducing debt for nine consecutive quarters to a Q3 leverage ratio of approximately 2.4 net debt to EBITDA, and possesses over $400 million in liquidity.
Helios has returned capital to shareholders through 115 consecutive quarters of dividends and repurchased over 300,000 shares year-to-date in 2025.
Management announced an Investor Day on March 20th in Sarasota, Florida, and outlined a more disciplined M&A strategy prioritizing debt reduction and organic investments, following the divestiture of its Custom Fluid Power business (representing $47 million in annual sales) at the end of Q3.
Jeremy Evans was promoted to CFO at the end of last year, and Sean Bagan was formally named CEO at the beginning of last year.

Jan 14, 2026, 4:45 PM

Transcript

Helios Technologies Presents 2025 Outlook and Financial Highlights

HLIO

Guidance Update

Product Launch

Share Buyback

Helios Technologies projects $825 million in annual sales for 2025 with an anticipated Adjusted EBITDA Margin of 19.3%. The company's market capitalization stood at $2.1 billion as of January 13, 2026.
For the three months ended September 27, 2025, the company reported net sales of $220.3 million and Adjusted EBITDA of $45.1 million (20.5% margin). Non-GAAP Adjusted net income for the quarter was $24.0 million, or $0.72 per diluted share.
Helios Technologies maintains $415 million in liquidity and a net debt to TTM adjusted EBITDA ratio of 2.4x as of September 27, 2025. The company prioritizes debt repayment and has paid quarterly dividends for over 28 years, alongside repurchasing 50,000 shares in 3Q25.
The business is diversified, with 65% of revenue from Hydraulics and 35% from Electronics, and introduced multiple product innovations in 2025 across both segments.

Jan 14, 2026, 4:45 PM

Presentation

Helios Technologies discusses Q3 2025 growth, financial strategy, and upcoming Investor Day

HLIO

Revenue Acceleration/Inflection

Share Buyback

M&A

Helios Technologies reported annual sales of approximately $825 million (midpoint of guide) and a market capitalization of $2.1 billion, with its business comprising 65% hydraulics and 35% electronics.
The company has prioritized debt reduction, achieving a leverage ratio of 2.4 net debt to EBITDA by the end of Q3, and initiated a share repurchase program in 2025, buying back over 300,000 shares year-to-date.
Helios returned to growth in Q3 2025 with 13% growth and expects full-year growth, also noting sequential gross margin expansion and a 200 basis point year-over-year increase in gross margin for Q3.
The company divested its Custom Fluid Power business in Q3 2025 and plans to host an Investor Day on March 20th in Sarasota, Florida, to provide updated market details.

Jan 14, 2026, 4:45 PM

Transcript

Helios Technologies Discusses Financial Profile, Growth Strategy, and Market Outlook

HLIO

Revenue Acceleration/Inflection

Share Buyback

M&A

Helios Technologies, an industrial technology company with a market capitalization of $2.1 billion as of January 13, 2026, reported 13% growth in Q3 2025 and projects full-year growth, with gross margins expanding 200 basis points year-over-year in Q3.
The company has significantly improved its financial profile, reducing its net debt to EBITDA leverage ratio to 2.4x at the end of Q3 2025, down from 2.8x in the prior year, and maintains over $400 million in liquidity.
Strategic priorities include continued debt reduction, organic investments in product development, and returning capital to shareholders through a dividend paid for 115 consecutive quarters and a share repurchase program that bought back over 300,000 shares year-to-date in 2025.
Helios completed the divestiture of its Custom Fluid Power business at the end of Q3 2025, which contributed $47 million to annual sales (annualized $60 million).
While Q3 2025 saw growth in mobile, recreational, and agriculture markets, the overall demand environment remains mixed and choppy, with Q3 growth benefiting from low comparables in 2024.

Jan 14, 2026, 4:45 PM

Transcript

Helios Technologies Reports Strong Q3 2025 Results and Positive Outlook

HLIO

Earnings

Guidance Update

Revenue Acceleration/Inflection

Helios Technologies reported Q3 2025 sales of $220 million, a 13% increase year-over-year, surpassing guidance, and non-GAAP diluted EPS of $0.72, up 22%.
The company achieved a return to growth across all regions and both business segments, with the Electronics segment growing 21% and Hydraulics 9%, contributing to a 200 basis point expansion in gross margin to 33.1%.
Strategic initiatives included the sale of Custom Fluid Power for a $21 million gain and a $25.9 million goodwill impairment related to i3 product development, alongside the appointment of Michael Conway as the new CFO.
The net debt to adjusted EBITDA leverage ratio improved to 2.4 times, with a goal to reduce it to approximately two times by year-end.
For Q4 2025, Helios expects sales between $192 million and $202 million and non-GAAP diluted EPS of $0.67 to $0.74, anticipating continued momentum into 2026.

Nov 4, 2025, 2:00 PM

Transcript

Helios Technologies Reports Strong Q3 2025 Results and Raises Full-Year Outlook

HLIO

Earnings

Guidance Update

Share Buyback

Helios Technologies reported Q3 2025 Net Sales of $220 million, an increase of 13% year-over-year, and Diluted Non-GAAP EPS of $0.72, up 22% year-over-year, both exceeding the company's outlook.
The company achieved an Adjusted EBITDA Margin of 20.5% in Q3 2025, returning to over 20%.
Helios Technologies updated its 2025 full-year outlook, projecting Total Net Sales of $820 million to $830 million and Diluted Non-GAAP EPS of $2.43 to $2.50.
The company continued to strengthen its financial position by reducing debt for the ninth consecutive quarter, resulting in a Net debt to TTM adjusted EBITDA ratio of 2.4x as of September 27, 2025, and repurchased 50,000 shares in Q3 2025.
While Non-GAAP EPS showed strong growth, Diluted GAAP EPS decreased by 9% to $0.31 in Q3 2025, primarily due to a goodwill impairment charge and costs associated with a divestiture.

Nov 4, 2025, 2:00 PM

Presentation

Helios Technologies Announces Strong Q3 2025 Financial Results and Provides Q4 2025 Guidance

HLIO

Earnings

Guidance Update

M&A

Helios Technologies reported Q3 2025 sales of $220 million, a 13% increase year-over-year, exceeding guidance, with electronics growing 21% and hydraulics 9%.
The company achieved a gross margin of 33.1% and an adjusted EBITDA margin above 20% in Q3 2025, contributing to a 22% increase in diluted non-GAAP EPS to $0.72.
Strategic financial moves included the sale of Custom Fluidpower (CFP) for a $21 million gain and a $25.9 million goodwill impairment related to i3 Product Development.
The net debt to adjusted EBITDA leverage ratio improved to 2.4 times, with a target of approximately two times by year-end.
For Q4 2025, the company projects sales between $192-$202 million and diluted non-GAAP EPS in the range of $0.67-$0.74.

Nov 4, 2025, 2:00 PM

Transcript

Helios Technologies Reports Third Quarter 2025 Financial Results

HLIO

Earnings

Guidance Update

Revenue Acceleration/Inflection

Helios Technologies reported net sales of $220.3 million for the third quarter of 2025, an increase of 13% compared to the prior year period, with growth observed across all regions and both segments.
The company delivered diluted GAAP EPS of $0.31 and diluted Non-GAAP EPS of $0.72 for Q3 2025, with the Non-GAAP EPS representing a 22% increase year-over-year.
Operating income was impacted by a $25.9 million goodwill write-down related to the i3 Product Development business.
Helios Technologies reduced its debt for the ninth consecutive quarter, decreasing it by $64 million (13%) from the prior year period, and improved its net debt to Adjusted EBITDA leverage ratio to 2.4x from 2.8x.
The company tightened and raised the mid-point of its full-year 2025 outlook, driven by stronger-than-expected third-quarter results and the faster close of the Custom Fluidpower divestiture.

Nov 3, 2025, 11:26 PM

8-K

Helios Technologies Reports Strong Q3 2025 Sales Growth and Updates FY25 Outlook

HLIO

Earnings

Guidance Update

Revenue Acceleration/Inflection

Helios Technologies reported net sales of $220.3 million for the third quarter of 2025, marking a 13% year-over-year increase with growth across all regions and both segments.
The company delivered diluted GAAP EPS of $0.31 and diluted Non-GAAP EPS of $0.72, which was up 22% compared to the prior year period.
Operating income was significantly impacted by a $25.9 million goodwill write-down related to the i3 Product Development business.
Helios Technologies reduced its debt for the ninth consecutive quarter, with total debt at $419.1 million as of September 27, 2025, down 13% from the prior year, and improved its net debt to Adjusted EBITDA leverage ratio to 2.4x.
The company tightened and raised the mid-point of its full-year 2025 outlook, with total net sales now projected between $820 million and $830 million and diluted Non-GAAP EPS between $2.43 and $2.50.

Nov 3, 2025, 9:15 PM

Press Release

Helios Technologies Reports Mixed Q3 Results, Raises FY2025 Guidance

HLIO

Earnings

Guidance Update

Demand Weakening

Helios Technologies reported strong Q3 2025 sales of $220.3 million, a 13.3% year-on-year increase, and a non-GAAP profit of $0.72 per share, both surpassing analyst expectations.
The company raised its full-year 2025 revenue estimate to approximately $820 million but issued Q4 revenue guidance of $192 million to $202 million, which was slightly below consensus.
Despite a 10.2% five-year compounded annual growth rate, Helios has seen a 1.8% annualized revenue decline over the last two years and is experiencing profitability pressures, with gross margin currently at 30.93%.
CEO Sean Bagan highlighted strategic execution, including margin improvements and plans for significant debt reduction by year-end.