Holley Inc. (HLLY) Income Statement
HLLY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHLLY revenue and net income
Where HLLY's revenue goes
2025Each bar shows an amount and its share of revenue. HLLY kept 3.1% of revenue as net income.
HLLY profit margins
HLLY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.9% | −3.8% | +4.0% | — |
| Gross profit | +2.3% | −0.2% | +3.9% | — |
| Operating income | +496.5% | +19.9% | +0.5% | — |
| Net income | — | −36.2% | −10.2% | — |
| EPS (diluted) | −21.7% | +37.0% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HLLY quarterly EPS vs estimates
Holley beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 6, 2026 (estimate $0.07).
HLLY income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $613.5M | $602.2M | $659.7M | $688.4M | $692.8M | $504.2M | $368.7M | $137.9M |
| Cost of revenue | $361.1M | $355.5M | $403.6M | $434.8M | $406.0M | $295.9M | $219.9M | $90.8M |
| Gross profit | $252.5M | $246.7M | $256.1M | $253.7M | $286.8M | $208.2M | $148.8M | $47.1M |
| Research & development | $18.8M | $18.7M | $23.8M | $29.1M | $28.3M | $23.5M | $20.6M | $6.8M |
| Sales, general & admin | $146.1M | $132.1M | $120.2M | $150.7M | $116.8M | $70.9M | $62.4M | $33.2M |
| Total operating expenses | $165.0M | $232.1M | $162.1M | $202.9M | $209.3M | $122.8M | $102.7M | $40.0M |
| Operating income | $87.5M | $14.7M | $94.0M | $50.7M | $77.5M | $85.5M | $46.1M | $7.0M |
| Interest expense | $51.8M | $50.7M | $60.7M | $40.2M | $39.1M | $43.8M | $50.4M | $0 |
| Income before taxes | $28.6M | −$26.3M | $27.6M | $78.3M | −$16.7M | $41.7M | $5.4M | −$35.2M |
| Income taxes | $9.5M | −$3.0M | $8.4M | $4.5M | $10.4M | $8.8M | $4.9M | −$4.6M |
| Net income | $19.2M | −$23.2M | $19.2M | $73.8M | −$27.1M | $32.9M | $561,000 | −$30.6M |
| EBITDA | $109.3M | $111.9M | $127.0M | $148.9M | $152.5M | $104.4M | $74.8M | −$8.1M |
| EPS (diluted) | $0.18 | $0.23 | $0.23 | $0.07 | $0.61 | −$0.01 | $0.01 | — |
| Gross margin | 41.1% | 41.0% | 38.8% | 36.8% | 41.4% | 41.3% | 40.4% | 34.1% |
| Operating margin | 14.3% | 2.4% | 14.3% | 7.4% | 11.2% | 16.9% | 12.5% | 5.1% |
| Net margin | 3.1% | −3.9% | 2.9% | 10.7% | −3.9% | 6.5% | 0.2% | −22.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $172.0M | $147.3M | $155.4M | $138.4M | $166.7M | $153.0M | $140.1M | $134.0M | $169.5M | $158.6M | $155.7M | $156.5M |
| Cost of revenue | $101.5M | $90.0M | $86.1M | $78.5M | $97.1M | $89.0M | $68.0M | $81.7M | $99.2M | $106.6M | $95.5M | $98.2M |
| Gross profit | $70.5M | $57.3M | $69.3M | $59.8M | $69.6M | $64.1M | $72.1M | $52.3M | $70.3M | $52.1M | $60.3M | $58.4M |
| Research & development | $3.7M | $4.0M | $4.9M | $4.7M | $5.1M | $4.1M | $5.0M | $4.6M | $4.3M | $4.8M | $4.9M | $6.1M |
| Sales, general & admin | $40.4M | $35.4M | $43.0M | $33.5M | $33.0M | $36.7M | $34.5M | $30.1M | $34.6M | $33.0M | $32.2M | $28.9M |
| Total operating expenses | $67.8M | $38.9M | $48.8M | $44.0M | $42.0M | $44.7M | $101.1M | $46.7M | $42.4M | $41.9M | $41.5M | $39.1M |
| Operating income | $2.8M | $18.4M | $20.5M | $15.9M | $27.5M | $19.3M | −$29.0M | $5.6M | $27.9M | $10.2M | $18.8M | $19.3M |
| Interest expense | $8.2M | $9.9M | $11.5M | $11.3M | $13.4M | $15.7M | $11.5M | $15.0M | $13.2M | $11.0M | $18.8M | $13.7M |
| Income before taxes | −$3.6M | $9.1M | $9.9M | $463,000 | $14.4M | $3.9M | −$40.5M | −$7.8M | $19.2M | $2.8M | $1.8M | $2.8M |
| Income taxes | −$1.2M | $1.9M | $3.6M | $1.3M | $3.5M | $1.1M | −$2.7M | −$1.5M | $2.1M | −$891,000 | $643,000 | $2.1M |
| Net income | −$2.4M | $7.3M | $6.3M | −$806,000 | $10.9M | $2.8M | −$37.8M | −$6.3M | $17.1M | $3.7M | $1.2M | $752,000 |
| EBITDA | $12.2M | $26.5M | $28.8M | $19.2M | $33.4M | $26.7M | $36.9M | $19.7M | $34.0M | $16.7M | $25.6M | $26.2M |
| EPS (diluted) | $0.20 | $0.05 | $0.04 | $0.03 | $0.09 | $0.02 | $0.11 | −$0.01 | $0.10 | $0.03 | $0.01 | $0.03 |
| Gross margin | 41.0% | 38.9% | 44.6% | 43.2% | 41.7% | 41.9% | 51.5% | 39.0% | 41.5% | 32.8% | 38.7% | 37.3% |
| Operating margin | 1.6% | 12.5% | 13.2% | 11.5% | 16.5% | 12.6% | −20.7% | 4.2% | 16.4% | 6.4% | 12.1% | 12.3% |
| Net margin | −1.4% | 4.9% | 4.1% | −0.6% | 6.5% | 1.8% | −27.0% | −4.7% | 10.1% | 2.4% | 0.8% | 0.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HLLY's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HLLY financial results
In fiscal year 2025 (ended December 31, 2025), Holley reported revenue of $613.5 million, up 1.9% from the year before. It had net income of $19.2 million, a net profit margin of 3.1%. Diluted earnings per share came to $0.18. Over five years revenue grew at an average rate of 4.0% a year.
See the HLLY stock overview for the latest quote and news, or the HLLY chart for price history and technical indicators.
HLLY income statement FAQ
What is Holley's annual revenue?
Holley reported total revenue of $613.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.9% from $602.2 million the previous year.
Is Holley profitable?
Yes. Holley reported net income of $19.2 million in fiscal 2025, a net profit margin of 3.1%; its operating margin was 14.3%.
What is Holley's gross margin?
Holley's gross margin was 41.1% in fiscal 2025: for every $100 of revenue, Holley kept $41 after the direct cost of its products and services.
How much does Holley spend on research and development?
Holley spent $18.8 million on research and development in fiscal 2025, 3.1% of revenue.
How fast is Holley growing?
Revenue grew 4.0% a year on average over the last five fiscal years, from $504.2 million to $613.5 million.
What are Holley's earnings per share?
Holley earned $0.18 per diluted share in fiscal 2025, compared with $0.23 a year earlier.
When will Holley report its next earnings?
Holley is expected to report results for the quarter ending September 30, 2026 on November 6, 2026 before the market opens.
When does Holley's fiscal year end?
Holley's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.