HLP revenueFY2025$19.60M
- FY YoY
- +39.0%
- 5Y CAGR
- +11.9%
HLP revenue was $19.60M for fiscal 2025 (ended Dec 31, 2025), up 39.0% from fiscal 2024. Compound annual growth was +11.9% over 5 years. It rose in 2 of the last 5 fiscal years.
Hongli Group Inc. (HLP) financials
For fiscal 2025 (ended Dec 31, 2025), Hongli Group Inc. reported $19.60M of revenue and $1.94M of net income.
- Revenue, FY2025
- $19.60M
- Revenue growth, YoY
- +39.0%
- Net income, FY2025
- $1.94M
- Net margin
- 9.9%
- Free cash flow, FY2025
- $660.8K
- EPS, diluted, FY2025
- $0.03
- Cash
- $1.81M
- P/E
- 139.82
- P/S
- 13.86
- Market cap
- $271.6M
FY2020FY2025
FY2020FY2025
FY2020FY2025
HLP revenue and earnings growth
HLP net incomeFY2025$1.94M
- 5Y CAGR
- -4.3%
HLP net income was $1.94M for fiscal 2025 (ended Dec 31, 2025), compared with -$1.88M in fiscal 2024. Compound annual growth was -4.3% over 5 years.
HLP EPSFY2025$0.03
HLP diluted EPS was $0.03 for fiscal 2025 (ended Dec 31, 2025).
HLP free cash flowFY2025$660.8K
- 5Y CAGR
- -22.7%
HLP free cash flow was $660.8K for fiscal 2025 (ended Dec 31, 2025), compared with -$446.5K in fiscal 2024. Compound annual growth was -22.7% over 5 years.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | $19.60M | $14.11M | $16.00M | $20.28M | $21.71M | $11.16M |
| Cost of revenue | $13.22M | $9.59M | $10.75M | $13.27M | $14.06M | $6.71M |
| Gross profit | $6.38M | $4.52M | $5.25M | $7.01M | $7.65M | $4.45M |
| Research and development | $994.5K | $818.3K | $963.0K | $1.41M | $1.47M | $644.0K |
| Selling, general and admin | $2.02M | $4.62M | $2.63M | $4.09M | $3.72M | $1.98M |
| Operating income | $2.43M | -$1.58M | $1.02M | $2.92M | $3.94M | $2.47M |
| Interest expense | - | - | $650.8K | $371.2K | $313.7K | $258.2K |
| Pre-tax income | $2.17M | -$1.87M | $932.5K | $3.21M | $3.47M | $2.66M |
| Income tax | $228.7K | $8.4K | $67.7K | $280.1K | $263.1K | $239.5K |
| Net income | $1.94M | -$1.88M | $864.7K | $2.93M | $3.20M | $2.42M |
| EPS, basic | $0.03 | -$0.11 | $0.07 | $0.29 | $0.32 | $0.24 |
| EPS, diluted | $0.03 | -$0.11 | $0.07 | $0.29 | $0.32 | $0.24 |
| Diluted shares | 73.4M | 17.5M | 11.8M | 10.0M | 10.0M | 10.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $1.81M | $909.7K | $815.7K | $2.11M | $531.5K | $1.43M |
| Receivables | $9.27M | $5.81M | $6.01M | $7.43M | $5.01M | - |
| Inventory | $2.46M | $2.67M | $2.35M | $2.61M | $2.97M | - |
| Current assets | $16.08M | $11.94M | $10.82M | $14.06M | $11.40M | - |
| Total assets | $72.19M | $65.01M | $32.13M | $36.16M | $21.85M | - |
| Current liabilities | $14.36M | $8.21M | $7.68M | $12.44M | $9.69M | - |
| Short-term debt | $3.41M | $243.1K | $36.6K | $6.02M | $5.66M | - |
| Long-term debt | - | - | $3.34M | - | - | - |
| Total debt | - | $3.55M | $3.37M | $10.15M | $892.5K | - |
| Total liabilities | $14.36M | $11.52M | $11.02M | $22.69M | $10.36M | - |
| Shareholders' equity | $57.83M | $53.49M | $21.11M | $13.47M | $11.49M | $8.04M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $878.3K | -$414.0K | $884.9K | $2.49M | $1.14M | $2.98M |
| Capital expenditures | $217.4K | $32.5K | $302.4K | $5.10M | $1.00M | $584.6K |
| Free cash flow | $660.8K | -$446.5K | $582.5K | -$2.61M | $135.0K | $2.39M |
| Investing cash flow | -$1.26M | -$33.31M | -$2.25M | -$11.67M | -$3.05M | -$2.01M |
| Financing cash flow | $1.26M | $33.51M | $382.1K | $10.84M | $983.4K | $108.2K |
| Stock-based compensation | - | $1.97M | - | - | - | - |
| Depreciation and amortization | - | $804.4K | $871.4K | $644.7K | $585.8K | $520.7K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue growth, YoY | 39.0% | -11.8% | -21.1% | -6.6% | 94.6% | - |
| Net income growth, YoY | - | - | -70.5% | -8.4% | 32.1% | - |
| EPS growth, YoY | - | - | -75.9% | -9.4% | 33.3% | - |
| Gross margin | 32.5% | 32.0% | 32.8% | 34.6% | 35.3% | 39.9% |
| Operating margin | 12.4% | -11.2% | 6.4% | 14.4% | 18.1% | 22.1% |
| Net margin | 9.9% | -13.3% | 5.4% | 14.5% | 14.7% | 21.7% |
| Free cash flow margin | 3.4% | -3.2% | 3.6% | -12.9% | 0.6% | 21.5% |
| Return on equity | 3.4% | -3.5% | 4.1% | 21.8% | 27.9% | 30.2% |
| Return on assets | 2.7% | -2.9% | 2.7% | 8.1% | 14.7% | - |
| Current ratio | 1.12 | 1.45 | 1.41 | 1.13 | 1.18 | - |
| Debt to equity | - | 0.07 | 0.16 | 0.75 | 0.08 | - |
Source: XBRL data Hongli Group Inc. files with the SEC, latest filing dated May 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
HLP peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HLP | $19.60M | +39.0% | $1.94M | 9.9% | $271.6M |
| ASML | €32.67B | +15.6% | €9.61B | 29.4% | $549.12B |
| TMO | $47.35B | +8.3% | $7.07B | 14.9% | $257.42B |
| LRCX | $26.13B | +33.4% | $8.45B | 32.3% | $250.38B |
| DE | $47.98B | +8.0% | $4.87B | 10.2% | $181.09B |
| DHR | $25.61B | +5.5% | $4.33B | 16.9% | $161.98B |
| ETN | $31.98B | +20.1% | $3.90B | 12.2% | $132.76B |
| JCI | $24.43B | +5.1% | $3.53B | 14.5% | $81.79B |
| ITW | $16.65B | +4.8% | $3.23B | 19.4% | $79.84B |
HLP FAQ
9 questionsWhat is HLP revenue?
Hongli Group Inc. (HLP) reported $19.60M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 39.0% from the year before.Is HLP profitable?
Yes. Hongli Group Inc. earned $1.94M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 9.9%.How much cash and debt does HLP have?
Hongli Group Inc. reported $1.81M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is HLP revenue growing?
Hongli Group Inc.'s revenue changed +39.0% in fiscal 2025, to $19.60M. Its compound annual growth rate was +11.9% over 5 years.What is HLP gross margin?
Hongli Group Inc.'s gross profit was $6.38M on $19.60M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 32.5%.What is HLP free cash flow?
Hongli Group Inc. generated $660.8K of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $878.3K less capital expenditures.What is HLP earnings per share?
Diluted earnings per share were $0.03 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did HLP last report financial results?
The latest statements here come from Hongli Group Inc.'s 20-F filed on May 13, 2026, covering the period ended Dec 31, 2025.Where does this HLP financial data come from?
Quantisnow builds these statements from the structured XBRL data Hongli Group Inc. files with the SEC. It is provided for information only and is not investment advice.