Why Is Helios Technologies (HLIO) Down 11.9% Since Last Earnings Report?

Helios Technologies (HLIO) acquired Radio Sound's assets and secured a multi-year contract with Indian Motorcycle. The deal is small but follows strong Q2 2026 results, with Electronics segment sales up 19% to $85.5M. The company raised its full-year sales and EPS outlook. The transaction is described as strategic but not financially material.

Helios Technologies (HLIO) reported Q2 sales of $232M, exceeding guidance, with adjusted earnings also surpassing expectations. This marks four consecutive quarters of double-digit growth. Electronics and Hydraulics segments drove performance, with gross margin expanding 280 basis points. Management guided to slower growth in Q3 due to tougher comparisons and market pressures.

Helios Technologies (HLIO) reported Q2 2026 net sales of $232 million, up 9% year over year, with gross profit of $80 million and gross margin of 34.6%. Non-GAAP adjusted EPS was $0.88. FY 2026 revenue guidance was raised to $880 million to $900 million and EPS to $3.05 to $3.25. Q3 sales guidance is $215 million to $222 million.

Helios (HLIO) reported Q2 results above analyst estimates, citing growth in Hydraulics and Electronics and execution of its CORE Strategy. Order intake rose double digits year over year for the fourth straight quarter, and margin expansion reflected efficiency and favorable mix. Revenue was $231.9M vs $230.3M, adjusted EPS $0.88 vs $0.80, and guidance was raised (revenue midpoint $890M; EPS $3.15).

Helios Technologies (NYSE:HLIO) reported Q2 2026 sales of $231.9M and net income of $21.9M, then raised full-year 2026 sales guidance to $880M to $900M and issued Q3 sales guidance of $215M to $222M. The company said its two-year stabilization plan is complete and it is targeting data center thermal management growth while continuing share repurchases.

Helios Technologies reported Q2 2026 progress toward its stabilization plan and said it is moving into a growth phase. It raised full-year 2026 sales guidance to $880 million to $900 million, cited margin expansion of 280 bps, record operating cash flow, and reduced net debt-to-EBITDA leverage to 1.4x. Management outlined data center thermal management plans and North America consolidation.