Revenue: As of FY2027 Q1, the actual value is USD 228.4 M, missing the estimate of USD 234.4 M.EPS: As of FY2027 Q1, the actual value is USD 0.59, missing the estimate of USD 0.61.EBIT: As of FY2027 Q1, the actual value is USD 30.7 M.<h4>Consolidated Financial Performance</h4><ul><li>Net Sales: Helios Technologies, Inc. reported consolidated net sales of $228.4 million, an increase of 17% compared to $195.5 million in the prior year period. On a pro forma basis for the divestiture of Custom Fluidpower (CFP) and foreign exchange (FX) impact, sales grew 23%.</li><li>Gross Profit: Consolidated gross profit was $74.9 million, up 25% from $59.9 million.</li><li>Gross Margin: Consolidated gross margin expanded to 32.8%, an increase of 220 basis points (bps) from 30.6% in the prior year period.</li><li>Operating Income: Operating income reached $29.9 million, a 76% increase from $17.0 million.</li><li>Operating Margin: Operating margin improved to 13.1%, up 440 bps from 8.7%.</li><li>Non-GAAP Adjusted Operating Margin: The non-GAAP adjusted operating margin was 16.7%, an increase of 330 bps from 13.4%.</li><li>Net Income: Net income was $19.7 million, a 170% increase compared to $7.3 million.</li><li>Adjusted EBITDA: Adjusted EBITDA was $46.5 million, up 38% from $33.8 million.</li><li>Adjusted EBITDA Margin: Adjusted EBITDA margin was 20.4%, an increase of 310 bps from 17.3%.</li></ul><h4>Segment Performance</h4><h5>Hydraulics Segment</h5><ul><li>Net Sales: Total segment sales were $139.2 million, a 10% increase from $126.4 million.<ul><li>Americas sales were $56.7 million, up 14%.</li><li>EMEA sales were $49.2 million, up 30%.</li><li>APAC sales were $33.3 million, down -14%.</li></ul></li><li>Gross Profit: Gross profit was $44.3 million, an 18% increase from $37.4 million.</li><li>Gross Margin: Gross margin was 31.8%, up 220 bps from 29.6%.</li><li>Operating Income: Operating income was $23.4 million, a 34% increase from $17.4 million.</li><li>Operating Margin: Operating margin was 16.8%, up 300 bps from 13.8%.</li></ul><h5>Electronics Segment</h5><ul><li>Net Sales: Total segment sales were $89.2 million, a 29% increase from $69.1 million.<ul><li>Americas sales were $72.0 million, up 27%.</li><li>EMEA sales were $8.6 million, up 39%.</li><li>APAC sales were $8.6 million, up 39%.</li></ul></li><li>Gross Profit: Gross profit was $30.6 million, a 36% increase from $22.5 million.</li><li>Gross Margin: Gross margin was 34.3%, up 170 bps from 32.6%.</li><li>Operating Income: Operating income was $14.2 million, a 78% increase from $8.0 million.</li><li>Operating Margin: Operating margin was 15.9%, up 430 bps from 11.6%.</li></ul><h4>Cash Flow and Balance Sheet Metrics</h4><ul><li>Cash from Operations: Helios Technologies, Inc. generated a first quarter record of $24 million in cash from operations, with net cash provided by operating activities being $23.9 million in Q1 2026, compared to $19.0 million in Q1 2025.</li><li>Free Cash Flow: Free cash flow was $17 million.</li><li>Net Debt-to-Adjusted EBITDA Leverage Ratio: The net-debt-to-adjusted EBITDA leverage ratio decreased to 1.6x from 2.7x in the prior-year period, marking its lowest since 1Q18.</li><li>Net Debt: Net debt was $284 million, the lowest since 3Q20.</li><li>Dividends: The company increased its 1Q26 dividend by 33%, continuing over 29 years of consistent cash dividend payments.</li><li>Stock Repurchases: Helios Technologies, Inc. repurchased $4.6 million of its common stock in 1Q26.</li></ul><h4>Outlook / Guidance</h4>Helios Technologies, Inc. is raising its full year 2026 outlook for sales and EPS and initiating a strong second quarter 2026 outlook with continued year-over-year improvements expected. The new full year 2026 sales outlook is $840 million to $870 million, and the adjusted diluted EPS outlook is $2.75 to $3.00. For Q2 2026, the company anticipates sales between $227 million and $232 million, adjusted EBITDA margin between 20.0% and 21.0%, and adjusted diluted EPS between $0.78 and $0.83.

Helios Tech | 8-K: FY2027 Q1 Revenue Misses Estimate at USD 228.4 M