HLIO

EX-99.1

2 hlio-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

NEWS

RELEASE

35 m+

FOR IMMEDIATE RELEASE

Helios Technologies Reports Second Quarter 2026 Results; Profitable Sales Growth Momentum Continues, Raising Full Year 2026 Outlook

• Grew 2Q26 sales to $232 million, up 9% over prior year period or 16% growth on a pro-forma basis for divestiture and foreign exchange (FX) impact; Electronics +19% and Hydraulics +14% pro forma

• Expanded 2Q26 gross profit over prior year period by $13 million, which includes $1 million benefit from net IEEPA tariff refunds; gross margin of 34.6% was 280 bps higher than prior year period

• Delivered 2Q26 diluted EPS of $0.66 up 94% and adjusted diluted EPS of $0.88, up 49% over prior year period

• Generated a second quarter record $42 million in cash from operations, up 13%, and $31 million of free cash flow in the second quarter

• Reduced net-debt-to-adjusted EBITDA leverage ratio to 1.4x down from 2.6x in the prior-year period

• Paid 118th consecutive cash dividend to shareholders; Repurchased $6.0 million of Company's common stock in second quarter; Total dollars returned to shareholders over the last twelve months up 71% over prior period

• Raising the FY2026 outlook - at midpoint implies the Company's highest annual sales in its history

SARASOTA, FL, August 10, 2026 — Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, today reported financial results for the second quarter ended July 4, 2026.

“We extended the momentum we built to start the year and delivered another strong quarter, with second quarter sales at the high end of our guidance range and adjusted earnings exceeding the top end of our guidance. This marks our fourth consecutive quarter of double-digit pro-forma sales and order intake growth, demonstrating that the strategic actions we've taken over the past two years are translating into sustained operating and financial performance. Our continued margin expansion is an outcome of our volume outperformance, innovative products, and operating leverage gains. The commercial success reflects both the investments we've made in customer-facing capabilities and the product portfolio across our operating companies. We generated record second quarter and first half operating cash flow, have debt and leverage levels at multi-year lows, and returned incremental capital to shareholders through our long-standing dividend and ongoing share repurchases,” said Sean Bagan, President & Chief Executive Officer of Helios.

“The first half performance positions us well as we enter the second half of the year to continue to deliver progress toward The CORE Strategy and our 2030 financial targets. We remain focused on disciplined execution, strengthening our customer-centric go-to-market engine, and advancing our innovation and operational excellence initiatives. Supported by our strong cash generation and an ROIC-focused approach to capital allocation, we believe Helios is well positioned to navigate a range of macro environments, while continuing to create long-term shareholder value,” he concluded.

Helios Technologies Reports Second Quarter 2026 Results; Profitable Sales Growth Momentum Continues, Raising Full Year 2026 Outlook

August 10, 2026

Page 2 of 15

Hydraulics Segment Summary

(Refer to sales by geographic region and segment data in accompanying tables)

Hydraulics

For The Three Months Ended

($ in millions) (Unaudited)

July 04, 2026

June 28, 2025

Change

% Change

Net sales

Americas

$

57.2

$

54.2

$

3.0

6

%

EMEA

51.8

46.1

5.7

12

%

APAC

37.4

40.6

(3.2

)

(8

%)

Total segment sales

$

146.4

$

140.9

$

5.5

4

%

Gross profit

$

50.6

$

46.5

$

4.1

9

%

Gross margin

34.6

%

33.0

%

160

bps

SEA expenses

$

21.7

$

21.5

$

0.2

1

%

Operating income

$

28.9

$

25.0

$

3.9

16

%

Operating margin

19.7

%

17.7

%

200

bps

General note: items may not sum or recalculate due to rounding

Electronics Segment Summary

(Refer to sales by geographic region and segment data in accompanying tables)

Electronics

For The Three Months Ended

($ in millions) (Unaudited)

July 04, 2026

June 28, 2025

Change

% Change

Net sales

Americas

$

63.0

$

53.7

$

9.3

17

%

EMEA

9.1

8.5

0.6

7

%

APAC

13.4

9.4

4.0

43

%

Total segment sales

$

85.5

$

71.6

$

13.9

19

%

Gross profit

$

29.6

$

21.0

$

8.6

41

%

Gross margin

34.6

%

29.3

%

530

bps

SEA expenses

$

18.4

$

15.1

$

3.3

22

%

Operating income

$

11.2

$

5.9

$

5.3

90

%

Operating margin

13.1

%

8.2

%

490

bps

General note: items may not sum or recalculate due to rounding

Helios Technologies Reports Second Quarter 2026 Results; Profitable Sales Growth Momentum Continues, Raising Full Year 2026 Outlook

August 10, 2026

Page 3 of 15

Second Quarter 2026 Consolidated Results

For The Three Months Ended

($ in millions, except per

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8-K

false000102479500010247952026-03-022026-03-02

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 02, 2026

HELIOS TECHNOLOGIES, INC.

(Exact name of Registrant as Specified in Its Charter)

Florida

001-40935

59-2754337

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

7456 16th St E

Sarasota, Florida

34243

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: 941 362-1200

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock $.001 Par Value

HLIO

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition. On March 2, 2026, Helios Technologies (the “Company”), issued the press release attached hereto as Exhibit 99.1 announcing its financial results for the fourth fiscal quarter of 2025. Item 9.01 Financial Statements and Exhibits. (d) Exhibits

99.1

Press release dated March 2, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

HELIOS TECHNOLOGIES, INC.

Date:

March 2, 2026

By:

/s/ Sean Bagan

Sean Bagan President and Chief Executive Officer (Principal Executive Officer)

HELIOS TECHNOLOGIES, INC.

Date:

March 2, 2026

By:

/s/ Jeremy Evans

Jeremy Evans Executive Vice President, Chief Finance Officer (Principal Financial and Accounting Officer)