HYSTER-YALE, INC.HYEarnings & Financial Report
Hyster-Yale Materials Handling, Inc., through its wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster and Yale brand names. It was spun off from NACCO Industries in 2012, but had been running as a standalone company within NACCO since 2002.
Revenue
$979.1M
Gross Profit
$155.9M
Operating Profit
$2.3M
Net Profit
$-2.3M
Gross Margin
15.9%
Operating Margin
0.2%
Net Margin
-0.2%
YoY Growth
-3.6%
EPS
$-0.13
HYSTER-YALE, INC. Q3 FY2025 Financial Summary
HYSTER-YALE, INC. reported revenue of $979.1M (down 3.6% YoY) for Q3 FY2025, with a net profit of $-2.3M (down 113.4% YoY) (-0.2% margin). Cost of goods sold was $823.2M, operating expenses totaled $153.6M.
Key Financial Metrics
| Total Revenue | $979.1M |
|---|---|
| Net Profit | $-2.3M |
| Gross Margin | 15.9% |
| Operating Margin | 0.2% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
HYSTER-YALE, INC. Q3 FY2025 revenue of $979.1M breaks down across 7 segments, led by Sales Channel Through Intermediary at $330.1M (33.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Through Intermediary | $330.1M | 33.7% |
| Aftermarketsales | $192.8M | 19.7% |
| Sales Channel Directly To Consumer | $169.7M | 17.3% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $108.7M | 11.1% |
| Bolzoni | $87.0M | 8.9% |
| JAPICHY | $46.5M | 4.7% |
| Otherrevenue | $40.1M | 4.1% |
HYSTER-YALE, INC. Revenue by Segment — Quarterly Trend
HYSTER-YALE, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Through Intermediary and Aftermarketsales) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Sales Channel Through Intermediary | $281.7M | $330.1M | $301.7M | $288.2M |
| Aftermarketsales | $179.1M | $192.8M | $190.0M | $196.4M |
| Sales Channel Directly To Consumer | $173.6M | $169.7M | $178.4M | — |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $89.0M | $108.7M | $117.4M | $106.1M |
| Bolzoni | — | $87.0M | $90.6M | $80.3M |
HYSTER-YALE, INC. Annual Revenue by Year
HYSTER-YALE, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.8B |
| 2024 | $4.3B |
| 2023 | $4.1B |
| 2022 | $985.2M |
HYSTER-YALE, INC. Quarterly Revenue & Net Profit History
HYSTER-YALE, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $923.2M | -13.5% | $-52.5M | -5.7% |
| Q3 FY2025 | $979.1M | -3.6% | $-2.3M | -0.2% |
| Q2 FY2025 | $956.6M | -18.1% | $-13.9M | -1.5% |
| Q1 FY2025 | $910.4M | -13.8% | $8.6M | 0.9% |
| Q4 FY2024 | $1.1B | +3.9% | $10.3M | 1.0% |
| Q3 FY2024 | $1.0B | +1.5% | $17.2M | 1.7% |
| Q2 FY2024 | $1.2B | +7.1% | $63.3M | 5.4% |
| Q1 FY2024 | $1.1B | +5.7% | $51.5M | 4.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $1.17B | $1.02B | $1.07B | $910.4M | $956.6M | $979.1M | $923.2M |
| YoY Growth | 5.7% | 7.1% | 1.5% | 3.9% | -13.8% | -18.1% | -3.6% | -13.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.12B | $2.12B | $2.17B | $2.03B | $2.06B | $2.08B | $2.06B | $2.02B |
| Liabilities | $1.69B | $1.63B | $1.62B | $1.54B | $1.53B | $1.51B | $1.51B | $1.53B |
| Equity | $412.1M | $465.7M | $529.9M | $475.1M | $510.0M | $544.7M | $536.0M | $472.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $22.4M | $-2.5M | $70.1M | $80.7M | $-36.4M | $28.9M | $37.1M | $56.5M |