Helios Technologies(US:HLIO)2025-05-06 22:06Q1 2025 Financial Performance - Revenue for Q1 2025 was $195 million, a decrease of 8% year-over-year[13] - Adjusted EBITDA margin was 173%, down 90 bps year-over-year[13] - Diluted Non-GAAP EPS was $044, a decrease of 17% year-over-year, but $008 above current consensus[13] Segment Performance - Hydraulics segment sales were $1264 million, an 11% decrease year-over-year[40] - Electronics segment sales were $691 million, a 1% decrease year-over-year[43] - Hydraulics segment operating income was $174 million, a 20% decrease year-over-year[40] - Electronics segment operating income was $80 million, a 13% increase year-over-year[43] Cash Flow, Debt, and Capital Allocation - Free cash flow for Q1 2025 was $129 million[45] - Total debt was $445 million, with liquidity of $399 million[54] - Net debt to adjusted EBITDA ratio was 27x[55] Outlook and Tariffs - Q2 2025 net sales are expected to be between $198 million and $206 million, representing a decrease of 10% to 6% relative to Q2 2024[64] - Q2 2025 adjusted EBITDA margin is expected to be between 175% and 185%, representing a decrease of 260 bps to 160 bps relative to Q2 2024[64] - Estimated total direct cost impacts from tariffs are approximately $15 million[57]