Helios Technologies, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on November 6, 2026, covering the fiscal quarter ended October 3, 2026, and reporting net income of $17.6 million on net sales of $229.7 million.

Key Highlights

  • Net sales: $229.7 million for the three months ended October 3, 2026, compared to $220.3 million in the prior-year period.
  • Net income: $17.6 million for the third quarter, up from $10.3 million in the same quarter a year earlier.
  • Diluted EPS: $0.53 per share for Q3 2026, versus $0.31 per share for Q3 2025.
  • Nine-month net sales: $690.0 million for the nine months ended October 3, 2026, compared to $628.2 million for the nine months ended September 27, 2025.
  • Nine-month net income: $59.2 million, up from $28.9 million in the comparable prior-year period.
  • Dividends declared: $0.12 per share for the quarter; $0.36 per share for the nine-month period.
  • Shares repurchased: 734,970 treasury shares held at cost of $43.8 million as of October 3, 2026, compared to 330,000 shares at $13.6 million as of January 3, 2026.

Helios Technologies Financial Results for the Quarter Ended October 3, 2026

According to the filing, Helios Technologies (NYSE:HLIO) reported net sales of $229.7 million for the three months ended October 3, 2026, an increase from $220.3 million in the three months ended September 27, 2025. Gross profit for the quarter was $76.2 million, compared to $73.0 million a year earlier. Operating income was $28.1 million for Q3 2026, versus $1.3 million in Q3 2025, with the prior-year period having included a goodwill impairment charge of $25.9 million that did not recur in the current period.

The filing disclosed interest expense, net, of $4.7 million for the three-month period, down from $6.9 million in the comparable quarter of 2025. Income tax provision for Q3 2026 was $5.9 million, compared to $2.5 million a year prior. For the nine months ended October 3, 2026, the company reported net sales of $690.0 million and net income of $59.2 million, with diluted earnings per share of $1.79, against $0.87 in the nine months ended September 27, 2025.

As of October 3, 2026, total assets stood at $1,514.2 million, essentially flat with $1,514.5 million at January 3, 2026, according to the condensed consolidated balance sheets. Total shareholders' equity was $940.7 million at quarter end, compared to $931.5 million at the prior fiscal year end. The registrant reported 32,659,598 shares of common stock outstanding as of October 23, 2026. The filing also noted accumulated other comprehensive loss of $52.3 million as of October 3, 2026, driven in part by foreign currency translation adjustments of negative $15.5 million for the nine-month period.

What Was Disclosed

Helios Technologies filed a Form 10-Q for the fiscal quarter ended October 3, 2026, disclosing quarterly net sales of $229.7 million, net income of $17.6 million, diluted EPS of $0.53, and total assets of $1,514.2 million, along with balance sheet, cash flow, and equity information.