Helios Reports Record Q3 2026 Net Sales and Raises Full Year Guidance
Helios (HLIO) reported record third-quarter net sales of $229.7 million, marking a 4% increase driven by volume growth in both its Hydraulics and Electronics segments. The company's adjusted diluted EPS rose 11% to $0.80, exceeding management's previous guidance. Pro forma sales growth reached 13% year-over-year after adjusting for recent divestitures and acquisitions. Financial health showed significant improvement as operating cash flow hit a record $40 million, up 59% from the prior year. The company also successfully reduced its net debt by over $109 million compared to last year, bringing its leverage ratio down to 1.4x. Based on strong performance and order visibility, Helios raised its full-year 2026 sales guidance to a range of $895 million to $902 million.
Tickers: $HLIO
Topics: adjusted eps gross margin net sales revenue growth segment performance