Helios Technologies(NYSE) HLIO

Helios Technologies, Inc. makes parts that control fluid and electronic power. These products help heavy machines move and operate with precision. Manufacturers use these systems for tractors, boats, and medical equipment.

What's in the Toolbox?

• Hydraulics Segment: Designs and produces cartridge valves and quick-release couplings for fluid flow; accounted for $146.4 million of net sales in the three-month period ended July 4, 2026.
• Electronics Segment: Creates displays, control systems, and instrumentation for diverse machinery; generated $85.5 million of net sales in the second quarter of 2026.
• Sun Hydraulics: Offers specialized technology for regulating fluid pressure in mobile and industrial environments.
• Balboa Water Group: Supplies electronic controls and software systems specifically for health and wellness equipment like spas.

Strategic Moves and Shifts

• Began restructuring the Helios Center of Engineering Excellence in January 2025 to reassign resources to major facilities.
• Consolidated North American hydraulic operations into a single facility in Toledo, Ohio, in early 2026.
• Initiated a plan to move production activities to a low-cost manufacturing center in Tijuana, Mexico.
• Acquired the assets of Taimi R&D, Inc. in July 2022 to enhance fluid conveyance technology offerings.

Strength Through Global Networks

Helios maintains an extensive global network that exports products from U.S. locations to more than 40 countries. The company uses regional production capabilities and local suppliers to manage costs and potential tariff impacts.

Checking the Financial Pulse

• Net sales were $231.9 million in the second quarter of 2026, up 9.1% year over year.
• Operating income reached $32.5 million in the three months ended July 4, 2026, up 48.4% year over year.
• Net income climbed to $41.6 million for the six months ended July 4, 2026, up 123.7% year over year.
• Cash provided by operating activities totaled $65.8 million for the half-year period ended July 4, 2026.

Bottom Line

Helios has evolved from a hydraulic component maker into a diversified technology provider. Its shift toward integrated electronic and fluid controls helps it serve various global industrial markets.