--- title: "Helios Tech | 10-K: FY2027 Revenue Misses Estimate at USD 839 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/277669749.md" datetime: "2026-03-03T19:30:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277669749.md) - [en](https://longbridge.com/en/news/277669749.md) - [zh-HK](https://longbridge.com/zh-HK/news/277669749.md) --- # Helios Tech | 10-K: FY2027 Revenue Misses Estimate at USD 839 M Revenue: As of FY2027, the actual value is USD 839 M, missing the estimate of USD 883.2 M. EPS: As of FY2027, the actual value is USD 1.45, missing the estimate of USD 2.3514. EBIT: As of FY2027, the actual value is USD 87.9 M. #### Consolidated Financial Performance - **Net Sales**: Helios Technologies, Inc. reported consolidated net sales of $839.0 million for the year ended January 3, 2026, an increase of $33.1 million or 4.1% compared to $805.9 million in the prior year. Sales were favorably impacted by $4.4 million from foreign currency exchange rates and the inclusion of an extra week in fiscal year 2025, while the sale of Guwing and Custom Fluidpower unfavorably impacted sales by approximately - $14.3 million in 2025. - **Gross Profit**: Gross profit increased by $18.9 million, or 7.5%, to $271.2 million in 2025 from $252.3 million in 2024. - **Gross Profit Margin**: The gross profit margin improved by 100 basis points year-over-year, reaching 32.3% in 2025 compared to 31.3% in 2024. - **Operating Income**: Operating income decreased by - $15.8 million, or -19.3%, to $66.0 million in 2025 from $81.8 million in 2024. - **Operating Income Margin**: The operating income margin decreased by 230 basis points to 7.9% in 2025 from 10.2% in 2024, primarily due to a goodwill impairment charge of $25.9 million. Excluding this impairment, the operating income margin would have increased by 80 basis points to 11.0%. - **Net Income**: Net income increased by $9.4 million, or 24.1%, to $48.4 million in 2025 from $39.0 million in 2024. #### Hydraulics Segment Financial Performance - **Net Sales**: The Hydraulics segment’s net sales increased by $3.6 million, or 0.7%, to $540.8 million in 2025 from $537.2 million in 2024. Pricing changes favorably impacted sales by $3.1 million (0.7%), and foreign currency exchange rates had a favorable impact of $4.4 million (0.8%). - **Gross Profit**: Gross profit for the Hydraulics segment rose by $9.0 million, or 5.4%, to $174.8 million in 2025 from $165.8 million in 2024. - **Gross Profit Margin**: The gross profit margin increased by 140 basis points to 32.3% in 2025 from 30.9% in 2024. - **Operating Income**: Operating income for the Hydraulics segment increased by $5.0 million, or 5.8%, to $91.4 million in 2025 from $86.4 million in 2024. - **Operating Income Margin**: The operating income margin improved by 80 basis points to 16.9% in 2025 from 16.1% in 2024. - **Operating Expenses**: Operating expenses increased by $4.0 million (5.0%). - **Restructuring Costs**: Restructuring costs were $1.3 million in 2025, down from $4.5 million in 2024. #### Electronics Segment Financial Performance - **Net Sales**: The Electronics segment’s net sales increased by $29.5 million, or 11.0%, to $298.2 million in 2025 from $268.7 million in 2024. Pricing changes favorably impacted sales by $1.9 million (0.7%). - **Gross Profit**: Gross profit for the Electronics segment increased by $9.9 million, or 11.4%, to $96.4 million in 2025 from $86.5 million in 2024. - **Gross Profit Margin**: The gross profit margin increased by 10 basis points to 32.3% in 2025 from 32.2% in 2024. Excluding a $2.4 million expense for freight and duties, the gross margin would have been 33.1%. - **Operating Income**: Operating income for the Electronics segment decreased by - $19.9 million, or -67.2%, to $9.7 million in 2025 from $29.6 million in 2024. - **Operating Income Margin**: The operating income margin decreased by 780 basis points to 3.2% in 2025 from 11.0% in 2024, primarily due to the goodwill impairment. Excluding the goodwill impairment, operating income margin increased by 100 basis points to 12.0%. - **Operating Expenses**: Operating expenses increased by $4.1 million (7.0%). - **Restructuring Activities**: Restructuring costs totaled $0.7 million in 2025. #### Cash Flow - **Net Cash Provided by Operating Activities**: Net cash from operations totaled $127.3 million in 2025, an increase of $5.2 million (4.3%) compared to $122.1 million in 2024. - **Net Cash Provided by (Used in) Investing Activities**: Cash provided by investing activities was $20.3 million in 2025, a significant change from - $30.3 million used in 2024, largely due to $47.3 million in proceeds from the sale of the Custom Fluidpower business. - **Net Cash Used in Financing Activities**: Net cash used in financing activities was - $121.9 million in 2025, compared to - $78.4 million in 2024. - **Capital Expenditures**: Capital expenditures were $23.7 million in 2025, which was $3.3 million (12.2%) lower than the prior year. - **Dividends Paid**: Dividends paid to shareholders were $12.0 million in 2025 and $11.9 million in 2024. #### Unique Metrics - **Goodwill Impairment**: A non-cash, non-tax-deductible goodwill impairment charge of - $25.9 million was recorded in the third quarter of 2025 for the i3PD reporting unit within the Electronics segment. - **Divestiture Gain**: The Divestiture of Custom Fluidpower resulted in a pre-tax gain of $18.8 million and a net gain after tax of $15.2 million recognized in continuing operations in 2025. - **Sales Order Backlog**: Open purchase orders as of January 3, 2026, totaled $48.0 million for purchases expected in 2026 and $0.1 million for purchases expected in 2027. - **Share Repurchase Program**: As of January 3, 2026, Helios Technologies, Inc. repurchased 330,000 shares, with $86.5 million remaining available for repurchases. - **Days of Inventory on Hand**: Decreased to 124 days for 2025, compared with 134 days during 2024. - **Days Sales Outstanding**: Increased slightly to 51 days for 2025 from 47 days during 2024. - **Days Payables Outstanding**: Increased to 49 days for 2025 from 37 days during 2024. #### Outlook/Guidance Helios Technologies, Inc. forecasts 2026 capital expenditures to be approximately 3.75% to 4.75% of sales. The Board of Directors intends to continue paying a quarterly dividend of $0.09 per share during 2026. The company does not expect the Pillar Two GloBE rules or the One Big Beautiful Bill Act (OBBBA) to have a material impact on its effective tax rate or consolidated financial statements in 2026 and future periods, respectively. ### Related Stocks - [HLIO.US](https://longbridge.com/en/quote/HLIO.US.md) ## Related News & Research - [Helios Technologies, Inc (NYSE:HLIO) Announces Quarterly Dividend of $0.12](https://longbridge.com/en/news/279999728.md) - [Triller Group Files 2025 Form 10-K and Reports Full Year Financial Results | ILLR Stock News](https://longbridge.com/en/news/282726606.md) - [Stryve Foods Delays Annual 10-K Yearly Report](https://longbridge.com/en/news/281937220.md) - [Ethema Health Delays Annual 10-K Filing](https://longbridge.com/en/news/282586357.md) - [AMC Robotics Announces Delay in Filing Annual Report on Form 10-K | AMCI Stock News](https://longbridge.com/en/news/282905453.md)