Helios Technologies Raises Full-Year 2026 Outlook Following Strong Second-Quarter Performance
Helios Technologies, a global leader in highly engineered motion control and electronic controls technology, today announced an increase to its full-year 2026 financial outlook and provided guidance for the third quarter of 2026, reflecting continued sales momentum, disciplined execution, and confidence in the Company’s growth strategy.
The updated outlook follows a strong first half of the year and continued progress under Helios Technologies’ CORE Strategy, which is focused on sustainable growth, operational excellence, innovation, and creating long-term value for customers and shareholders.
Jeremy Evans, Executive Vice President and Chief Financial Officer, said the Company enters the second half of 2026 from a position of strength following solid execution across the first six months of the year.
“As we look to the second half of 2026, we do so from a position of strength, built on solid execution in the first half,” said Evans. “We increased sales 16% on a pro-forma basis in the second quarter, expanded adjusted EBITDA margin above 21%, and continued to deliver significant year-over-year growth in earnings per share.”
Evans noted that Helios remains attentive to the more challenging comparisons expected during the second half of the year, as well as external factors including geopolitical uncertainty, tariff dynamics, and broader inflationary pressures. Despite these considerations, the Company’s confidence in its business performance, new business wins, and visibility into near-term customer demand support the increased full-year outlook.
“We will stay focused on disciplined operational execution and investing in high-return opportunities, positioning the Company for continued growth consistent with The CORE Strategy’s 2030 targets,” Evans added.
Updated 2026 Financial Outlook
The following represents Helios Technologies’ expectations for 2026 as of August 10, 2026, assuming constant currency based on foreign exchange rates at the end of the second quarter.
| Financial Metric | Prior FY2026 Outlook | New FY2026 Outlook | Q3 2026 Outlook |
|---|---|---|---|
| Sales | $840–$870 million | $880–$900 million | $215–$222 million |
| Adjusted EBITDA Margin | 19.5%–21.0% | 20.2%–21.0% | 19.8%–20.6% |
| Adjusted Diluted EPS | $2.75–$3.00 | $3.05–$3.25 | $0.70–$0.77 |
The revised outlook represents an increase in the Company’s expectations for full-year sales, adjusted EBITDA margin, and adjusted diluted earnings per share. Helios believes its improved outlook reflects continued demand, new business opportunities, operational execution, and ongoing efforts to improve productivity and profitability.
The Company will continue to focus on disciplined cost management while investing in opportunities that support long-term growth and strengthen its competitive position.
Reference the “Second Quarter 2026 Earnings Presentation” for additional details and assumptions.
Adjusted EBITDA margin and adjusted diluted EPS are Non-GAAP financial measures. Comparable GAAP financial measures and reconciliations are provided in the accompanying financial information and disclosures. See the “Forward-Looking Information” section below for additional information regarding forward-looking Non-GAAP measures.
Third-Quarter 2026 Outlook
For the third quarter of 2026, Helios expects sales of $215 million to $222 million, adjusted EBITDA margin of 19.8% to 20.6%, and adjusted diluted earnings per share of $0.70 to $0.77.
The third-quarter outlook reflects the Company’s expectations for customer demand, product mix, operating performance, and prevailing market conditions. Helios continues to monitor external factors that could influence its results, including global economic conditions, tariffs, inflation, foreign exchange rates, supply-chain dynamics, and geopolitical developments.
Conference Call and Webcast
Helios Technologies will host a conference call and webcast on Tuesday, August 11, 2026, at 9:00 a.m. Eastern Time to review its second-quarter financial and operating results and discuss the Company’s updated outlook. A question-and-answer session will follow management’s prepared remarks.
The conference call can be accessed by dialing (201) 689-8573.
An audio webcast will also be available through Helios Technologies.
A telephonic replay will be available beginning at approximately 1:00 p.m. ET on August 11, 2026, through August 25, 2026. To access the archived call, dial (412) 317-6671 and enter conference ID 13761179.
The webcast replay will remain available through the investor relations section of the Company’s website.
About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology, providing products designed to deliver safety, reliability, performance, and seamless connectivity across a broad range of end markets.
The Company serves customers across industries including agriculture, construction, data centers, energy, health and wellness, industrial, marine, material handling, and recreational vehicles.
Helios Technologies sells its products to customers in more than 80 countries worldwide. Its strategy is centered on building a diversified, customer-focused global enterprise distinguished by innovation, operational speed, and a high-performance culture.
The Company’s CORE Strategy provides a framework for advancing profitable growth, improving operational performance, strengthening customer relationships, and investing in opportunities that can generate attractive long-term returns. Helios continues to pursue initiatives designed to improve productivity, expand its technology capabilities, and support sustainable growth toward its 2030 financial objectives.
Helios Technologies has also maintained a long-standing commitment to returning capital to shareholders. The Company has paid a cash dividend to shareholders every quarter since becoming a public company in 1997.
For additional information, visit Helios Technologies and follow the Company on LinkedIn.
Forward-Looking Information
This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. These statements include Helios Technologies’ expectations, estimates, forecasts, projections, beliefs, and assumptions concerning its future business, financial performance, strategy, markets, and industry.
Forward-looking statements include expectations regarding sales, margins, earnings per share, growth, the CORE Strategy and its 2030 financial targets, new products, acquisitions and divestitures, Centers of Excellence, cost management, liquidity, dividends, capital allocation, share repurchases, debt reduction, customer demand, and the potential impact of tariffs and trade policy.
Words such as “may,” “expects,” “projects,” “anticipates,” “intends,” “plans,” “believes,” and “estimates,” as well as similar expressions, identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.
Factors that could affect results include changes in global economic conditions and customer demand; the cyclical nature of capital-goods markets; supply-chain disruptions; capital-market conditions and interest rates; inflation; tariffs and other trade barriers; foreign exchange rates; geopolitical conflicts; competition; labor and raw-material costs; new-product development and market acceptance; artificial intelligence initiatives; international operations; product and geographic sales mix; and other risks described in Helios Technologies’ filings with the U.S. Securities and Exchange Commission.
Additional information regarding these and other risks is available in the Company’s Form 10-K for the year ended January 3, 2026, filed with the SEC on March 3, 2026, as well as subsequent SEC filings.
Helios Technologies also uses various Non-GAAP financial measures, including adjusted operating income, adjusted EBITDA, adjusted EBITDA margin, adjusted diluted earnings per share, free cash flow, adjusted free cash flow, constant-currency sales, and pro-forma sales. Management believes these measures provide useful information for evaluating operating performance and trends. These measures should not be considered substitutes for GAAP results and may not be directly comparable with similarly titled measures used by other companies.
The Company is unable to provide quantitative reconciliations of certain forward-looking Non-GAAP measures to their most directly comparable GAAP measures because the information required to complete those reconciliations is not available without unreasonable effort or expense. Actual results may differ materially from these preliminary estimates due to quarter-end and year-end adjustments and other factors.
All forward-looking statements are made as of the date of this release, and Helios Technologies undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Source Link: https://www.businesswire.com/