Helios Technologies beats Q1 sales estimates; lifts FY outlook

Helios Technologies

11/05/2026 21:24

Overview

US motion control tech firm's Q1 sales rose 17%, beating analyst expectations

Adjusted EPS for Q1 up 82%, beating analyst expectations

Company raised full-year sales and EPS outlook, and increased dividend by 33%

Outlook

Helios raises FY26 sales outlook to $840-$870 mln from $820-$860 mln

Company lifts FY26 adjusted diluted EPS forecast to $2.75-$3.00 from $2.60-$2.90

Helios expects Q2 sales of $227-$232 mln and adjusted diluted EPS of $0.78-$0.83

Result Drivers

SEGMENT GROWTH - Electronics sales rose 29% and Hydraulics sales grew 19% on a pro forma and FX-adjusted basis, driving overall revenue gains

MARGIN EXPANSION - Gross margin increased 220 basis points to 32.8%, attributed to higher volume, segment mix, and cost efficiencies from in-region production optimization

INNOVATION AND GO-TO-MARKET INITIATIVES - Management cited an accelerated pace of innovation and go-to-market initiatives as supporting sales growth, especially in Electronics

Company press release: ID:nBw8Pnbjfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$228.4 mln
$220.01 mln (6 Analysts)
Q1 Adjusted EPS
Beat
$0.80
$0.65 (6 Analysts)
Q1 Net Income
$19.7 mln
Q1 Adjusted EBITDA
Beat
$46.5 mln
$43.47 mln (6 Analysts)
Q1 Gross Margin
32.80%
Q1 Operating income
$29.9 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Helios Technologies Inc is $80.00, about 17.3% above its May 8 closing price of $68.22

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)