Holley Inc. (HLLY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HLLY SEC filings page.
Holley Inc. (HLLY) reported $613.1M in revenue over the twelve months to Jun 28, 2026, up 3.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Holley’s 2025 profit recovery came from wider margins, but cash generation softened as inventory and reinvestment absorbed more resources.
The key disconnect is between reported earnings and cash: operating income rebounded to$82.5M from$14.7M , while operating cash flow stayed near its FY2024 level. Inventory rose to$205.7M as capital spending increased, leaving free cash flow at$33.9M ; the earnings recovery therefore converted less efficiently into cash.
Revenue was broadly stable, while gross margin expanded from
Leverage eased as debt-to-equity declined from 1.3x to 1.1x. At the same time, the current ratio slipped from 3.1x to 2.7x, showing that lower leverage did not mean a wider short-term cushion.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Holley Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Holley Inc. has an operating margin of 13.4%, meaning the company retains $13 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 2.4% the prior year.
Holley Inc.'s revenue grew a modest 1.9% year-over-year to $613.5M. This slow but positive growth earns a score of 19/100.
Holley Inc. has elevated debt relative to equity (D/E of 1.15), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 13/100, reflecting increased financial risk.
With a current ratio of 2.75, Holley Inc. holds $2.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.
Holley Inc. has a free cash flow margin of 5.5%, earning a moderate score of 56/100. The company generates positive cash flow after capital investments, but with room for improvement.
Holley Inc.'s ROE of 4.3% shows moderate profitability relative to equity, earning a score of 53/100. This is up from -5.5% the prior year.
Holley Inc. scores 1.30, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Holley Inc. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Holley Inc. generates $2.41 in operating cash flow ($46.2M OCF vs $19.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Holley Inc. earns $1.59 in operating income for every $1 of interest expense ($82.5M vs $51.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Holley Inc. generated $172.0M in revenue in Q2 2026. This represents an increase of 3.2% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.
Holley Inc.'s EBITDA was $8.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 73.3% from the same quarter a year earlier. Against the prior quarter it is down 62.4%.
Holley Inc. reported -$2.4M in net income in Q2 2026. This represents a decrease of 122.4% from the same quarter a year earlier. Against the prior quarter it is down 133.5%.
Holley Inc. earned -$0.02 per diluted share (EPS) in Q2 2026. This represents a decrease of 122.2% from the same quarter a year earlier. Against the prior quarter it is down 133.3%.
Cash & Balance Sheet
Holley Inc. generated $40.9M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 14.8% from the same quarter a year earlier. Against the prior quarter it is up 747.0%.
Holley Inc. held $69.0M in cash against $518.6M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Holley Inc.'s gross margin was 41.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Holley Inc.'s operating margin was 1.6% in Q2 2026, reflecting core business profitability. This is down 14.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.3 percentage points.
Holley Inc.'s net profit margin was -1.4% in Q2 2026, showing the share of revenue converted to profit. This is down 7.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.3 percentage points.
Holley Inc.'s ROE was -0.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.1 percentage points.
Capital Allocation
Holley Inc. invested $3.7M in research and development in Q2 2026. This represents a decrease of 26.5% from the same quarter a year earlier. Against the prior quarter it is down 6.4%.
Holley Inc. invested $6.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 27.8% from the same quarter a year earlier. Against the prior quarter it is up 77.7%.
Not reported for Q2 2026.
HLLY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $172.0M+3.2% | $147.3M-3.7% | $155.4M+11.0% | $138.4M+3.2% | $166.7M-1.7% | $153.0M-3.5% | $140.1M-10.5% | $134.0M-23.5% |
| Cost of Revenue | $101.5M+4.5% | $86.6M-2.7% | $82.7M+8.6% | $78.5M-3.9% | $97.1M-2.1% | $89.0M-16.5% | $76.2M-22.4% | $81.7M-22.5% |
| Gross Profit | $70.5M+1.4% | $60.7M-5.2% | $72.8M+13.9% | $59.8M+14.4% | $69.6M-1.0% | $64.1M+23.1% | $63.9M+9.4% | $52.3M-25.0% |
| R&D Expenses | $3.7M-26.5% | $4.0M-2.4% | $4.9M-0.6% | $4.7M+2.1% | $5.1M+18.0% | $4.1M-14.9% | $5.0M-18.6% | $4.6M-25.3% |
| SG&A Expenses | $40.4M+22.7% | $35.4M-3.5% | $43.0M+24.8% | $33.5M+11.1% | $33.0M-4.7% | $36.7M+11.2% | $34.5M+19.4% | $30.1M+3.5% |
| Operating Income | $2.8M-90.0% | $17.5M-9.5% | $19.8M+168.2% | $15.9M+185.2% | $27.5M-1.3% | $19.3M+89.5% | -$29.0M-250.0% | $5.6M-81.4% |
| EBITDA | $8.8M-73.3% | $23.5M-6.8% | $25.7M+215.8% | $22.0M+95.8% | $33.1M-2.7% | $25.2M+56.3% | -$22.2M-186.1% | $11.2M-68.9% |
| Interest Expense | $8.2M-38.7% | $9.9M-36.9% | $11.5M-0.1% | $11.3M-25.0% | $13.4M+1.5% | $15.7M+42.7% | $11.5M-16.1% | $15.0M+51.6% |
| Income Tax | -$1.2M-134.3% | $1.9M+74.6% | $3.6M+233.5% | $1.3M+185.5% | $3.5M+70.5% | $1.1M+220.8% | -$2.7M-229.3% | -$1.5M-136.2% |
| Net Income | -$2.4M-122.4% | $7.3M+157.6% | $6.3M+116.7% | -$806K+87.2% | $10.9M-36.5% | $2.8M-24.5% | -$37.8M-5124.2% | -$6.3M-148.4% |
| EPS (Basic) | -$0.02-122.2% | $0.06+200.0% | $0.05+115.6% | -$0.01+80.0% | $0.09-35.7% | $0.02-33.3% | -$0.32-3300.0% | -$0.05-145.5% |
| EPS (Diluted) | -$0.02-122.2% | $0.06+200.0% | $0.05+115.6% | -$0.01 | $0.09-35.7% | $0.02-33.3% | -$0.32 | -$0.05-145.5% |
| Diluted Shares (Avg) | 120M+0.4% | 122M+2.0% | N/A | 119M | 120M+0.4% | 120M0.0% | N/A | 119M+0.7% |
HLLY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+0.4% | $1.2B+3.0% | $1.2B+2.7% | $1.2B-1.6% | $1.2B-3.3% | $1.1B-4.0% | $1.1B-7.0% | $1.2B-5.3% |
| Current Assets | $330.6M+9.0% | $317.9M+10.3% | $316.2M+6.3% | $316.1M+5.9% | $303.2M+0.7% | $288.2M-0.6% | $297.3M-2.4% | $298.6M-10.4% |
| Cash & Equivalents | $69.0M+8.1% | $33.1M-15.4% | $37.2M-33.6% | $50.7M-0.1% | $63.8M+20.3% | $39.1M-5.0% | $56.1M+52.3% | $50.8M+18.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $180.2M-0.3% | $210.5M+11.3% | $205.7M+6.8% | $195.7M+9.1% | $180.8M+4.2% | $189.1M+2.8% | $192.5M-7.1% | $179.3M-17.6% |
| Accounts Receivable | N/A | N/A | N/A | N/A | $51.0M | $50.9M | $36.1M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $371.0M-0.4% | $375.0M+0.7% | $372.3M0.0% | $372.3M-9.9% | $372.3M-11.1% | $372.3M-11.1% | $372.3M-11.1% | $413.2M-1.4% |
| Total Liabilities | $712.6M-1.1% | $722.8M+0.5% | $715.0M+0.4% | $725.4M0.0% | $720.4M-2.0% | $719.6M-3.6% | $712.2M-8.8% | $725.5M-11.0% |
| Current Liabilities | $108.1M+4.4% | $100.3M-0.5% | $115.1M+21.0% | $113.9M+11.8% | $103.6M-3.7% | $100.8M-0.9% | $95.2M+7.1% | $101.9M-1.3% |
| Non-Current Liabilities | $604.5M-2.0% | $622.5M+0.6% | $599.9M-2.8% | $611.5M-1.9% | $616.8M-1.7% | $618.8M-4.1% | $617.0M-10.9% | $623.6M-12.4% |
| Long-Term Debt | $518.6M-4.5% | $530.8M-2.5% | $516.1M-5.4% | $528.9M-3.7% | $543.3M-1.0% | $544.2M-2.8% | $545.4M-9.6% | $548.9M-12.8% |
| Total Equity | $449.7M+2.7% | $456.0M+7.4% | $448.9M+6.6% | $439.7M-4.1% | $437.8M-5.5% | $424.6M-4.6% | $421.2M-3.8% | $458.7M+5.4% |
| Retained Earnings | $68.7M+17.7% | $71.2M+49.7% | $63.9M+42.9% | $57.6M-30.2% | $58.4M-34.2% | $47.6M-33.7% | $44.7M-33.0% | $82.5M+25.0% |
HLLY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $47.1M+16.4% | -$2.9M+63.6% | $6.2M+49.1% | $7.4M+525.1% | $40.5M+57.7% | -$7.8M-141.7% | $4.1M-81.6% | -$1.7M-105.7% |
| Depreciation & Amortization | $6.1M+9.0% | $6.0M+2.1% | $6.0M-11.9% | $6.1M+8.1% | $5.6M-8.8% | $5.8M-1.2% | $6.8M+4.5% | $5.7M-7.7% |
| Capital Expenditures | $6.2M+27.8% | $3.5M+16.5% | $2.4M-2.6% | $2.1M+24.2% | $4.8M+249.9% | $3.0M+135.6% | $2.4M+44.8% | $1.7M-0.6% |
| Free Cash Flow | $40.9M+14.8% | -$6.3M+41.6% | $3.8M+123.4% | $5.3M+252.1% | $35.7M+46.8% | -$10.8M-161.6% | $1.7M-91.9% | -$3.5M-112.0% |
| Investing Cash Flow | $3.8M+128.8% | -$9.8M-26.8% | -$5.8M-222.6% | -$5.5M-1671.7% | -$13.2M-893.1% | -$7.7M-609.4% | $4.7M+739.0% | -$311K+81.7% |
| Financing Cash Flow | -$15.1M-624.8% | $9.0M+479.9% | -$13.1M-206.2% | -$15.0M-5421.0% | -$2.1M+83.1% | -$2.4M+86.6% | -$4.3M+84.4% | -$272K+96.2% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
HLLY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.0%-0.7pp | 41.2%-0.7pp | 46.8%+1.2pp | 43.2%+4.2pp | 41.7%+0.3pp | 41.9%+9.1pp | 45.6%+8.3pp | 39.0%-0.8pp |
| Operating Margin | 1.6%-14.9pp | 11.9%-0.8pp | 12.7%+33.4pp | 11.5%+7.3pp | 16.5%+0.1pp | 12.6%+6.2pp | -20.7%-33.0pp | 4.2%-12.9pp |
| Net Margin | -1.4%-7.9pp | 4.9%+3.1pp | 4.0%+31.0pp | -0.6%+4.1pp | 6.5%-3.6pp | 1.8%-0.5pp | -27.0%-27.5pp | -4.7%-12.1pp |
| Return on Equity | -0.5%-3.0pp | 1.6%+0.9pp | 1.4%+10.4pp | -0.2%+1.2pp | 2.5%-1.2pp | 0.7%-0.2pp | -9.0%-9.1pp | -1.4%-4.3pp |
| Return on Assets | -0.2%-1.1pp | 0.6%+0.4pp | 0.5%+3.9pp | -0.1%+0.5pp | 0.9%-0.5pp | 0.3%-0.1pp | -3.3%-3.4pp | -0.5%-1.6pp |
| Current Ratio | 3.06+0.1x | 3.17+0.3x | 2.75-0.4x | 2.78-0.2x | 2.93+0.1x | 2.860.0x | 3.12-0.3x | 2.93-0.3x |
| Debt-to-Equity | 1.15-0.1x | 1.16-0.1x | 1.15-0.1x | 1.200.0x | 1.24+0.1x | 1.280.0x | 1.29-0.1x | 1.20-0.2x |
| Asset Turnover | 0.150.0x | 0.130.0x | 0.130.0x | 0.120.0x | 0.140.0x | 0.130.0x | 0.120.0x | 0.110.0x |
| FCF Margin | 23.8%+2.4pp | -4.3%+2.8pp | 2.4%+1.2pp | 3.8%+6.4pp | 21.4%+7.1pp | -7.1%-18.2pp | 1.2%-12.1pp | -2.6%-19.1pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Holley Inc. HLLY | FY2025 | $613.5M | $19.2M | 3.1% | $298.2M | 47/100 |
| SES AI Corporation SES | FY2025 | $21.0M | -$73.0M | N/A | $297.0M | 74/100 |
| Innoviz Technologies Ltd. INVZ | FY2025 | $55.1M | -$67.8M | N/A | $88.2M | 54/100 |
| Miller Industries, Inc. MLR | FY2025 | $790.3M | $23.0M | 2.9% | $597.5M | 36/100 |
| Motorcar Parts of America, Inc. MPAA | FY2026 | $789.8M | $12.0M | 1.5% | $194.4M | 47/100 |
| Monro, Inc. MNRO | FY2026 | $1.2B | $2.2M | 0.2% | $430.2M | 36/100 |
Where Holley Inc. Ranks
Frequently Asked Questions
What is Holley Inc.'s annual revenue?
Holley Inc. (HLLY) reported $613.5M in total revenue for fiscal year 2025. This represents a 1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Holley Inc.'s revenue growing?
Holley Inc. (HLLY) revenue grew by 1.9% year-over-year, from $602.2M to $613.5M in fiscal year 2025.
Is Holley Inc. profitable?
Yes, Holley Inc. (HLLY) reported a net income of $19.2M in fiscal year 2025, with a net profit margin of 3.1%.
What is Holley Inc.'s EBITDA?
Holley Inc. (HLLY) had EBITDA of $106.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Holley Inc. have?
As of fiscal year 2025, Holley Inc. (HLLY) had $37.2M in cash and equivalents against $516.1M in long-term debt.
What is Holley Inc.'s gross margin?
Holley Inc. (HLLY) had a gross margin of 43.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Holley Inc.'s operating margin?
Holley Inc. (HLLY) had an operating margin of 13.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Holley Inc.'s net profit margin?
Holley Inc. (HLLY) had a net profit margin of 3.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Holley Inc.'s return on equity (ROE)?
Holley Inc. (HLLY) has a return on equity of 4.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Holley Inc.'s free cash flow?
Holley Inc. (HLLY) generated $33.9M in free cash flow during fiscal year 2025. This represents a -15.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Holley Inc.'s operating cash flow?
Holley Inc. (HLLY) generated $46.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Holley Inc.'s total assets?
Holley Inc. (HLLY) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Holley Inc.'s capital expenditures?
Holley Inc. (HLLY) invested $12.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Holley Inc. spend on research and development?
Holley Inc. (HLLY) invested $18.8M in research and development during fiscal year 2025.
What is Holley Inc.'s current ratio?
Holley Inc. (HLLY) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.
What is Holley Inc.'s debt-to-equity ratio?
Holley Inc. (HLLY) had a debt-to-equity ratio of 1.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Holley Inc.'s return on assets (ROA)?
Holley Inc. (HLLY) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Holley Inc.'s P/E ratio?
Holley Inc. (HLLY) trades at 28.9x earnings, its market capitalization divided by net income of $10.3M net income, trailing 12 months to June 28, 2026. The market capitalization is $298.2M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Holley Inc.'s price-to-sales ratio?
Holley Inc. (HLLY) trades at 0.5x sales, its market capitalization divided by revenue of $613.1M revenue, trailing 12 months to June 28, 2026. The market capitalization is $298.2M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Holley Inc.'s Altman Z-Score?
Holley Inc. (HLLY) has an Altman Z-Score of 1.30, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Holley Inc.'s Piotroski F-Score?
Holley Inc. (HLLY) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Holley Inc.'s earnings high quality?
Holley Inc. (HLLY) has an earnings quality ratio of 2.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Holley Inc. cover its interest payments?
Holley Inc. (HLLY) has an interest coverage ratio of 1.59x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Holley Inc.?
Holley Inc. (HLLY) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.