Helios Technologies, Inc.
HLIO NYSE Miscellaneous Fabricated Metal Products Financials FY2017–FY2026
Revenue
Total sales reported in the income statement.
$839M
4.1%
vs prior year
Operating margin
Operating income as a share of revenue.
7.9%
2.3 pts
Net income
Profit after all expenses, interest and tax.
$48.4M
24.1%
Free cash flow
Cash from operations minus capital spending.
$104M
8.9%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
4.2%
0.8 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $2.14 EPS (TTM)
What Helios Technologies, Inc. does
No business description yet.
- Legal name
- HELIOS TECHNOLOGIES, INC.
- Fiscal year ends
- January 3, 2026
- Latest annual report
- 10-K · Mar 3, 2026
- Accession · CIK
- 0001193125-26-087747
0001024795
Revenue and margins
Helios Technologies, Inc. had $839M of revenue in fiscal 2026, up 4.1% on the year before.
FY17
Revenue $197M
FY18
Revenue $343M
FY19
Revenue $508M
FY20
Revenue $555M
FY21
Revenue $523M
FY22
Revenue $869M
FY23
Revenue $885M
FY24
Revenue $836M
FY25
Revenue $806M
FY26
Revenue $839M
Q3 '24
Revenue $201M
Q4 '24
Revenue $193M
Q1 '25
Revenue $212M
Q2 '25
Revenue $220M
Q3 '25
Revenue $195M
Q4 '25
Revenue $180M
Q1 '26
Revenue $196M
Q2 '26
Revenue $213M
Q3 '26
Revenue $220M
Q4 '26
Revenue $211M
Q1 '27
Revenue $228M
Q2 '27
Revenue $232M
FY17
Gross 36.2%
Operating 17.5%
Net 11.8%
FCF 16.4%
FY18
Gross 39.8%
Operating 17.9%
Net 9.2%
FCF 7.9%
FY19
Gross 37.9%
Operating 14.9%
Net 9.2%
FCF 9.7%
FY20
Gross 38.3%
Operating 16.2%
Net 10.9%
FCF 11.8%
FY21
Gross 37.5%
Operating 6.8%
Net 2.7%
FCF 18.0%
FY22
Gross 36.0%
Operating 17.2%
Net 12.0%
FCF 9.9%
FY23
Gross 33.7%
Operating 15.5%
Net 11.1%
FCF 8.8%
FY24
Gross 31.3%
Operating 9.6%
Net 4.5%
FCF 5.9%
FY25
Gross 31.3%
Operating 10.2%
Net 4.8%
FCF 11.8%
FY26
Gross 32.3%
Operating 7.9%
Net 5.8%
FCF 12.3%
Gross
Operating
Net
FCF
Q3 '24
Gross 29.6%
Operating 6.9%
Net 1.7%
FCF 3.0%
Q4 '24
Gross 28.5%
Operating 6.2%
Net 1.8%
FCF 12.9%
Q1 '25
Gross 31.7%
Operating 9.6%
Net 4.3%
FCF 5.8%
Q2 '25
Gross 32.1%
Operating 11.8%
Net 6.2%
FCF 11.7%
Q3 '25
Gross 31.1%
Operating 11.4%
Net 5.9%
FCF 14.8%
Q4 '25
Gross 30.1%
Operating 7.4%
Net 2.7%
FCF 15.8%
Q1 '26
Gross 30.6%
Operating 8.7%
Net 3.7%
FCF 6.6%
Q2 '26
Gross 31.8%
Operating 10.3%
Net 5.4%
FCF 14.9%
Q3 '26
Gross 33.1%
Operating 0.6%
Net 4.7%
FCF 8.4%
Q4 '26
Gross 33.6%
Operating 12.2%
Net 9.3%
FCF 19.2%
Q1 '27
Gross 32.8%
Operating 13.1%
Net 8.6%
FCF 7.5%
Q2 '27
Gross 34.6%
Operating 14.0%
Net 9.4%
FCF 13.2%
Gross
Operating
Net
FCF
Net income and earnings per share
From fiscal 2017 to 2026, diluted EPS grew 5.8% a year. Loss periods are shown in red.
FY17
Net income $23.3M
FY18
Net income $31.6M
FY19
Net income $46.7M
FY20
Net income $60.3M
FY21
Net income $14.2M
FY22
Net income $105M
FY23
Net income $98.4M
FY24
Net income $37.5M
FY25
Net income $39.0M
FY26
Net income $48.4M
Q3 '24
Net income $3.5M
Q4 '24
Net income $3.4M
Q1 '25
Net income $9.2M
Q2 '25
Net income $13.6M
Q3 '25
Net income $11.4M
Q4 '25
Net income $4.8M
Q1 '26
Net income $7.3M
Q2 '26
Net income $11.4M
Q3 '26
Net income $10.3M
Q4 '26
Net income $19.5M
Q1 '27
Net income $19.7M
Q2 '27
Net income $21.9M
FY17
Diluted EPS $0.87
FY18
Diluted EPS $1.17
FY19
Diluted EPS $1.49
FY20
Diluted EPS $1.88
FY21
Diluted EPS $0.44
FY22
Diluted EPS $3.22
FY23
Diluted EPS $3.02
FY24
Diluted EPS $1.14
FY25
Diluted EPS $1.17
FY26
Diluted EPS $1.45
Q3 '24
Diluted EPS $0.11
Q4 '24
Diluted EPS $0.10
Q1 '25
Diluted EPS $0.28
Q2 '25
Diluted EPS $0.41
Q3 '25
Diluted EPS $0.34
Q4 '25
Diluted EPS $0.14
Q1 '26
Diluted EPS $0.22
Q2 '26
Diluted EPS $0.34
Q3 '26
Diluted EPS $0.31
Q4 '26
Diluted EPS $0.58
Q1 '27
Diluted EPS $0.59
Q2 '27
Diluted EPS $0.66
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY17
Return on capital —
Return on equity 9.9%
Return on assets 5.2%
FY18
Return on capital —
Return on equity 12.4%
Return on assets 7.0%
FY19
Return on capital 7.3%
Return on equity 11.6%
Return on assets 6.2%
FY20
Return on capital 8.4%
Return on equity 10.9%
Return on assets 5.8%
FY21
Return on capital 2.2%
Return on equity 2.4%
Return on assets 1.2%
FY22
Return on capital 10.6%
Return on equity 15.9%
Return on assets 7.7%
FY23
Return on capital 9.3%
Return on equity 13.1%
Return on assets 6.8%
FY24
Return on capital 4.5%
Return on equity 4.5%
Return on assets 2.5%
FY25
Return on capital 5.0%
Return on equity 4.5%
Return on assets 2.5%
FY26
Return on capital 4.2%
Return on equity 5.4%
Return on assets 3.2%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $104M in fiscal 2026, 12.3% of revenue. Cash from operations minus capital spending.
FY17
Free cash flow $32.3M
FY18
Free cash flow $27.2M
FY19
Free cash flow $49.1M
FY20
Free cash flow $65.5M
FY21
Free cash flow $94.0M
FY22
Free cash flow $86.3M
FY23
Free cash flow $78.0M
FY24
Free cash flow $49.6M
FY25
Free cash flow $95.1M
FY26
Free cash flow $104M
Q3 '24
Free cash flow $6.0M
Q4 '24
Free cash flow $24.9M
Q1 '25
Free cash flow $12.3M
Q2 '25
Free cash flow $25.8M
Q3 '25
Free cash flow $28.8M
Q4 '25
Free cash flow $28.3M
Q1 '26
Free cash flow $12.9M
Q2 '26
Free cash flow $31.6M
Q3 '26
Free cash flow $18.6M
Q4 '26
Free cash flow $40.5M
Q1 '27
Free cash flow $17.2M
Q2 '27
Free cash flow $30.6M
FY17
Cash from operations $38.5M
Capital spending $6.2M
FY18
Cash from operations $49.4M
Capital spending $22.2M
FY19
Cash from operations $77.5M
Capital spending $28.4M
FY20
Cash from operations $90.5M
Capital spending $25.0M
FY21
Cash from operations $109M
Capital spending $14.6M
FY22
Cash from operations $113M
Capital spending $26.8M
FY23
Cash from operations $110M
Capital spending $31.9M
FY24
Cash from operations $83.9M
Capital spending $34.3M
FY25
Cash from operations $122M
Capital spending $27.0M
FY26
Cash from operations $127M
Capital spending $23.7M
Cash from operations
Capital spending
Q3 '24
Cash from operations $11.8M
Capital spending $5.8M
Q4 '24
Cash from operations $33.7M
Capital spending $8.8M
Q1 '25
Cash from operations $17.8M
Capital spending $5.5M
Q2 '25
Cash from operations $33.8M
Capital spending $8.0M
Q3 '25
Cash from operations $34.8M
Capital spending $6.0M
Q4 '25
Cash from operations $35.7M
Capital spending $7.4M
Q1 '26
Cash from operations $19.0M
Capital spending $6.1M
Q2 '26
Cash from operations $37.0M
Capital spending $5.4M
Q3 '26
Cash from operations $25.3M
Capital spending $6.7M
Q4 '26
Cash from operations $46.0M
Capital spending $5.5M
Q1 '27
Cash from operations $23.9M
Capital spending $6.7M
Q2 '27
Cash from operations $41.9M
Capital spending $11.3M
Cash from operations
Capital spending
Dividends, buybacks and share count
Helios Technologies, Inc. returned $12.0M to shareholders in fiscal 2026, 12% of free cash flow. The diluted share count rose 0.0%.
FY17
Dividends $10.7M
Buybacks —
FY18
Dividends $10.3M
Buybacks —
FY19
Dividends $11.0M
Buybacks —
FY20
Dividends $11.5M
Buybacks —
FY21
Dividends $11.6M
Buybacks —
FY22
Dividends $11.6M
Buybacks —
FY23
Dividends $11.7M
Buybacks —
FY24
Dividends $11.8M
Buybacks —
FY25
Dividends $11.9M
Buybacks —
FY26
Dividends $12.0M
Buybacks —
Dividends
Buybacks
Q3 '24
Dividends $2.9M
Buybacks —
Q4 '24
Dividends $3.0M
Buybacks —
Q1 '25
Dividends $3.0M
Buybacks —
Q2 '25
Dividends $3.0M
Buybacks —
Q3 '25
Dividends $2.9M
Buybacks —
Q4 '25
Dividends $3.0M
Buybacks —
Q1 '26
Dividends $3.0M
Buybacks —
Q2 '26
Dividends $3.0M
Buybacks —
Q3 '26
Dividends $3.0M
Buybacks —
Q4 '26
Dividends $3.0M
Buybacks —
Q1 '27
Dividends $3.0M
Buybacks —
Q2 '27
Dividends $3.9M
Buybacks —
Dividends
Buybacks
FY17
Diluted shares 0.03B
FY18
Diluted shares 0.03B
FY19
Diluted shares 0.03B
FY20
Diluted shares 0.03B
FY21
Diluted shares 0.03B
FY22
Diluted shares 0.03B
FY23
Diluted shares 0.03B
FY24
Diluted shares 0.03B
FY25
Diluted shares 0.03B
FY26
Diluted shares 0.03B
Balance sheet
Cash, debt and the ratios that show how comfortably Helios Technologies, Inc. can carry it.
FY17
Cash $74.2M
Debt —
FY18
Cash $63.9M
Debt —
FY19
Cash $23.5M
Debt $354M
FY20
Cash $22.1M
Debt $301M
FY21
Cash $25.2M
Debt $463M
FY22
Cash $28.5M
Debt $446M
FY23
Cash $43.7M
Debt $447M
FY24
Cash $32.4M
Debt $525M
FY25
Cash $44.1M
Debt $451M
FY26
Cash $73.0M
Debt $368M
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $28.5M | $43.7M | $32.4M | $44.1M | $73.0M |
| Debt incl. finance leases | $446M | $447M | $525M | $451M | $368M |
| Net debt / EBITDA | 2.0x | 2.1x | 3.4x | 3.6x | 2.3x |
| Debt / equity | 0.6x | 0.6x | 0.6x | 0.5x | 0.4x |
| Current ratio | 2.1x | 2.6x | 2.7x | 2.8x | 2.9x |
| Quick ratio | 1.1x | 1.3x | 1.3x | 1.4x | 1.6x |
| Total assets | $1.4B | $1.5B | $1.6B | $1.5B | $1.5B |
| Total liabilities | $706M | $669M | $736M | $641M | $583M |
| Shareholders' equity | $709M | $795M | $855M | $864M | $932M |
| Net debt (− = net cash) | $417M | $403M | $493M | $407M | $295M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✓ | ✕ | ✓ | ✕ | ✓ | ✕ | ✕ | ✓ | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | — | ✓ | ✕ | ✓ | ✓ | ✕ | ✓ | ✓ |
| Current ratio rose | — | ✕ | ✕ | ✓ | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Share count didn't rise | — | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✓ |
| Gross margin rose | — | ✓ | ✕ | ✓ | ✕ | ✕ | ✕ | ✕ | ✕ | ✓ |
| Revenue rose relative to assets | — | ✓ | ✕ | ✓ | ✕ | ✓ | ✕ | ✕ | ✓ | ✓ |
| F-score | — / 3 | 6 / 8 | 3 / 8 | 8 / 9 | 3 / 9 | 7 / 9 | 5 / 9 | 4 / 9 | 7 / 9 | 9 / 9 |
| Accruals ratio | −3.4% | −3.9% | −4.1% | −2.9% | −8.1% | −0.6% | −0.8% | −3.0% | −5.4% | −5.2% |
| Altman Z'' | 4.53 | 5.17 | 2.92 | 3.56 | 2.43 | 3.44 | 3.94 | 3.57 | 3.94 | 4.31 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $197M | $343M | $508M | $555M | $523M | $869M | $885M | $836M | $806M | $839M |
| Gross profit | $71.3M | $137M | $193M | $212M | $196M | $313M | $299M | $262M | $252M | $271M |
| Research and development | $4.3M | $10.6M | $14.1M | $15.2M | $15.6M | $16.8M | $17.4M | $19.2M | $20.1M | $19.1M |
| Operating income | $34.5M | $61.5M | $75.6M | $90.1M | $35.4M | $149M | $137M | $79.9M | $81.8M | $66.0M |
| Interest expense | $0.5M | $4.1M | — | — | — | — | — | — | — | — |
| Pretax income | $34.9M | $47.5M | $56.4M | $75.3M | $24.0M | $131M | $122M | $49.2M | $50.5M | $62.4M |
| Income tax | $11.6M | $16.0M | $9.7M | $15.0M | $9.8M | $26.6M | $23.4M | $11.7M | $11.5M | $14.0M |
| Net income | $23.3M | $31.6M | $46.7M | $60.3M | $14.2M | $105M | $98.4M | $37.5M | $39.0M | $48.4M |
| Diluted EPS | $0.87 | $1.17 | $1.49 | $1.88 | $0.44 | $3.22 | $3.02 | $1.14 | $1.17 | $1.45 |
| Diluted shares | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | $38.5M | $49.4M | $77.5M | $90.5M | $109M | $113M | $110M | $83.9M | $122M | $127M |
| Capital expenditure | $6.2M | $22.2M | $28.4M | $25.0M | $14.6M | $26.8M | $31.9M | $34.3M | $27.0M | $23.7M |
| Free cash flow | $32.3M | $27.2M | $49.1M | $65.5M | $94.0M | $86.3M | $78.0M | $49.6M | $95.1M | $104M |
| Depreciation and amortization | $9.2M | $19.2M | $39.7M | $35.2M | $39.7M | $54.4M | $51.6M | $63.8M | $30.7M | $63.0M |
| Stock-based compensation | $4.8M | $4.0M | $4.3M | $5.2M | $5.8M | $8.9M | $8.6M | $11.6M | $3.4M | $5.1M |
| Acquisitions | $200M | $0.5M | $535M | — | $217M | $61.1M | $67.3M | $114M | $0.0M | $0.0M |
| Dividends paid | $10.7M | $10.3M | $11.0M | $11.5M | $11.6M | $11.6M | $11.7M | $11.8M | $11.9M | $12.0M |
| Dividends and buybacks | $10.7M | $10.3M | $11.0M | $11.5M | $11.6M | $11.6M | $11.7M | $11.8M | $11.9M | $12.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $74.2M | $63.9M | $23.5M | $22.1M | $25.2M | $28.5M | $43.7M | $32.4M | $44.1M | $73.0M |
| Total debt | — | — | $354M | $301M | $463M | $446M | $447M | $525M | $451M | $368M |
| Current assets | $141M | $147M | $197M | $193M | $254M | $352M | $389M | $397M | $384M | $415M |
| Current liabilities | $31.1M | $45.9M | $93.0M | $76.5M | $128M | $170M | $152M | $145M | $139M | $143M |
| Inventory | $30.0M | $41.5M | $86.0M | $85.2M | $110M | $166M | $192M | $215M | $190M | $189M |
| Property and equipment, net | $80.5M | $91.9M | $127M | $134M | $147M | $151M | $157M | $202M | $194M | $189M |
| Goodwill | $104M | $109M | $383M | $378M | $444M | $460M | $469M | $514M | $499M | $498M |
| Intangible assets | $113M | $104M | $321M | $295M | $419M | $413M | $406M | $426M | $384M | $370M |
| Total assets | $445M | $460M | $1.0B | $1.0B | $1.3B | $1.4B | $1.5B | $1.6B | $1.5B | $1.5B |
| Total liabilities | $208M | $187M | $511M | $444M | $689M | $706M | $669M | $736M | $641M | $583M |
| Preferred stock | $0.0M | — | — | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $236M | $273M | $531M | $578M | $608M | $709M | $795M | $855M | $864M | $932M |
| Margins | ||||||||||
| 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% |
| EBITDA margin | 22.2% | 23.5% | 22.7% | 22.6% | 14.4% | 23.4% | 21.3% | 17.2% | 14.0% | 15.4% |
| Net margin | 11.8% | 9.2% | 9.2% | 10.9% | 2.7% | 12.0% | 11.1% | 4.5% | 4.8% | 5.8% |
| FCF margin | 16.4% | 7.9% | 9.7% | 11.8% | 18.0% | 9.9% | 8.8% | 5.9% | 11.8% | 12.3% |
| Returns | ||||||||||
| Return on capital | — | — | 7.3% | 8.4% | 2.2% | 10.6% | 9.3% | 4.5% | 5.0% | 4.2% |
| Return on capital employed | 8.3% | 14.9% | 8.0% | 9.5% | 3.0% | 12.0% | 10.5% | 5.5% | 6.0% | 4.8% |
| Return on equity | 9.9% | 12.4% | 11.6% | 10.9% | 2.4% | 15.9% | 13.1% | 4.5% | 4.5% | 5.4% |
| Return on assets | 5.2% | 7.0% | 6.2% | 5.8% | 1.2% | 7.7% | 6.8% | 2.5% | 2.5% | 3.2% |
| Return on tangible equity | 115.1% | 52.9% | — | — | — | — | — | — | — | 76.2% |
| Growth | ||||||||||
| Revenue growth | — | 74.1% | 48.2% | 9.2% | −5.7% | 66.2% | 1.9% | −5.6% | −3.6% | 4.1% |
| Net income growth | — | 35.4% | 48.1% | 29.0% | −76.4% | 636.6% | −5.9% | −61.9% | 4.0% | 24.1% |
| EPS growth | — | 34.5% | 27.4% | 26.2% | −76.6% | 631.8% | −6.2% | −62.3% | 2.6% | 23.9% |
| FCF growth | — | −15.9% | 80.6% | 33.4% | 43.6% | −8.2% | −9.6% | −36.4% | 91.7% | 8.9% |
| Share count change | — | 0.5% | 15.8% | 2.6% | 0.3% | 0.9% | 0.3% | 1.2% | 0.9% | 0.0% |
| Financial health | ||||||||||
| Net debt / EBITDA | — | — | 2.9x | 2.2x | 5.8x | 2.0x | 2.1x | 3.4x | 3.6x | 2.3x |
| Debt / equity | — | — | 0.7x | 0.5x | 0.8x | 0.6x | 0.6x | 0.6x | 0.5x | 0.4x |
| Interest coverage | 71.3x | 15.1x | — | — | — | — | — | — | — | — |
| Current ratio | 4.5x | 3.2x | 2.1x | 2.5x | 2.0x | 2.1x | 2.6x | 2.7x | 2.8x | 2.9x |
| Quick ratio | 3.6x | 2.3x | 1.2x | 1.4x | 1.1x | 1.1x | 1.3x | 1.3x | 1.4x | 1.6x |
| Capital allocation | ||||||||||
| Capex / revenue | 3.1% | 6.5% | 5.6% | 4.5% | 2.8% | 3.1% | 3.6% | 4.1% | 3.4% | 2.8% |
| Stock comp / revenue | 2.5% | 1.2% | 0.8% | 0.9% | 1.1% | 1.0% | 1.0% | 1.4% | 0.4% | 0.6% |
| Payouts / FCF | 33.2% | 37.8% | 22.4% | 17.6% | 12.3% | 13.4% | 15.0% | 23.8% | 12.5% | 11.6% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 6.0 | 3.0 | 8.0 | 3.0 | 7.0 | 5.0 | 4.0 | 7.0 | 9.0 |
| Altman Z'' | 4.5 | 5.2 | 2.9 | 3.6 | 2.4 | 3.4 | 3.9 | 3.6 | 3.9 | 4.3 |
| Accruals ratio | −3.4% | −3.9% | −4.1% | −2.9% | −8.1% | −0.6% | −0.8% | −3.0% | −5.4% | −5.2% |
Source: SEC EDGAR XBRL filings (CIK 0001024795). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.