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 Third Quarter 2026 Results; Consistent Execution Drives Record Third Quarter Sales and Increased Full Year 2026 Sales Outlook

• Grew 3Q26 sales to a third quarter record $230 million, up 4% over prior year period or 13% growth on a pro-forma1 basis; Hydraulics +15% and Electronics +9% pro forma

• Expanded 3Q26 gross profit over prior year period by $3 million, gross margin of 33.2% was 10 bps higher than prior year period

• Delivered 3Q26 diluted EPS of $0.53 up 71% and adjusted diluted EPS of $0.80, up 11% over prior year period

• Generated a third quarter record cash from operations of $40 million, up 59% over prior year period, and $32 million of free cash flow in 3Q26

• Closed strategic acquisition in 3Q26 that expands Electronics capabilities and provides additional pathways for growth across multiple end markets

• Repurchased $19 million of Company's common stock in the 3Q26; Paid 119th consecutive cash dividend

• Following quarter end, achieved important milestone by securing Faster’s first thermal management order, demonstrating continued execution against Helios’ planned and disciplined data center market-entry strategy

• Raised the FY2026 sales outlook; implies the Company's highest annual sales in its history

SARASOTA, FL, November 5, 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 third quarter ended October 3, 2026.

“We delivered a record third quarter, with sales above the high end of our outlook and adjusted earnings exceeding expectations. Both Hydraulics and Electronics contributed to the performance, demonstrating the breadth of our growth and the effectiveness of our customer-focused commercial strategy. Our order book provides solid visibility as we enter the fourth quarter, while our teams continue to execute through persistent inflationary pressures and a dynamic supply environment. This consistent performance reflects the progress we have made strengthening the business and our ability to deliver profitable growth as comparisons become more demanding,” said Sean Bagan, President & Chief Executive Officer of Helios.

“We also continued to translate The CORE Strategy into tangible commercial and operational progress. We completed Faster’s North American consolidation in Toledo, Ohio, and advanced additional footprint optimization initiatives designed to increase productivity, strengthen our regional capabilities, and reduce tariff exposure. In Electronics, we began a new multi-year relationship with Indian Motorcycle, supported by our strategic acquisition of select Radio Sound assets, which expanded our audio and communications capabilities and gives us a platform to grow with additional customers and markets. In Hydraulics, Faster secured its first thermal management order following quarter end, delivering on our stated objective ahead of year-end and validating our planned and methodical approach to entering this attractive market. These actions collectively demonstrate how we are combining organic investment, operational excellence, and disciplined capital deployment to strengthen Helios’ long-term growth platform,” he concluded.

1 Reference Table: Pro Forma Non-GAAP Net Sales Growth Reconciliation for definition.

Helios Technologies Reports Third Quarter 2026 Results; Consistent Execution Drives Record Third Quarter Sales and Increased Full Year 2026 Sales Outlook

November 5, 2026

Page 2 of 16

Hydraulics Segment Summary

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

Hydraulics

For The Three Months Ended

($ in millions) (Unaudited)

October 03, 2026

September 27, 2025

Change

% Change

Net sales

Americas

$

59.7

$

53.7

$

6.0

11

%

EMEA

45.0

41.2

3.8

9

%

APAC

38.2

46.4

(8.2

)

(18

%)

Total segment sales

$

142.9

$

141.3

$

1.6

1

%

Gross profit

$

46.1

$

45.9

$

0.2

0

%

Gross margin

32.3

%

32.5

%

(20

)

bps

Segment operating expenses

$

21.4

$

21.7

$

(0.3

)

(1

%)

Operating income

$

24.7

$

24.2

$

0.5

2

%

Operating margin

17.3

%

17.2

%

10

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)

October 03, 2026

September 27, 2025

Change

% Change

Net sales

Americas

$

66.2

$

60.5

$

5.7

9

%

EMEA

9.1

9.8

(0.7

)

(7

%)

APAC

11.5

8.7

2.8

32

%

Total segment sales

$

86.8

$

79.0

$

7.8

10

%

Gross profit

$

30.1

$

27.1

$

3.0

11

%

Gross margin

34.7

%

34.3

%

40

bps

Segment operating expenses

$

17.7

$

14.9

$

2.8

19

%

Goodwill impairment

$

-

$

25.9

(25.9

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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