HLIO · 10-K filed 3 Mar 2026 · year to 3 Jan 2026

Helios Technologies

29 named things its latest annual report says its results depend on, each in the company's own words. 19 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

Hydraulics distributors (channel partners)

earns from · approximately 55% of segment sales

Our global channel partner network includes representation in many industrialized markets, and approximately 55% of segment sales are attributed to our channel partners who generally combine our products with other hydraulic components to design a complete hydraulic system.Business (Item 1)

Electronics OEM customers

earns from · 78% of total Electronics segment sales

OEM sales constituted 78% of total Electronics segment sales in 2025.Business (Item 1)

Other companies

PNC Bank

depends on · $105.5 million in borrowings outstanding under the revolving credit facility and $262.5 million in borrowings outstanding under the term loansnamed as a risk

Our exposure to interest rate risk results from variable debt outstanding under our term loans and revolving credit facility with PNC Bank.Market risk (Item 7A)

Also named by SLM

Custom Fluidpower Pty. Ltd.

approximately $76.7 AUD in cash

The preliminary sales price for the divestiture was approximately $76.7 AUD in cash including adjustments for estimated closing date net working capital and cash on hand, consisting of approximately $60.5 AUD in cash to the Company and approximately $16.2 AUD that the buyer agreed to pay directly to the Company’s lender in satisfaction of subsidiary-level debt.Business (Item 1)

Competitors

Parker Hannifin

competes with

Full-line producers, such as Parker Hannifin, Danfoss/Eaton and Bosch Rexroth/HydraForce, can provide complete hydraulic systems to their customers, including components functionally like those manufactured in our Hydraulics segment.Business (Item 1)

Also named by WWD

Garmin

competes with

Competition within the electronics market is very broad with competitors ranging from large multinational companies with full electronics offerings such as Continental, Garmin, and Bosch, to small niche companies that specialize in one product type.Business (Item 1)

Also named by JOUT

Danfoss/Eaton

competes with

Bosch Rexroth/HydraForce

competes with

Continental

competes with

Stucchi

competes with

These include Delta Power Company, Stucchi and CEJN.Business (Item 1)

CEJN

competes with

These include Delta Power Company, Stucchi and CEJN.Business (Item 1)

Places

Mexico

depends on · approximately 500 jobsnamed as a risk

A disruption in the ability of this provider to deliver qualified personnel and to operate our facility in Mexico could have a material adverse effect on our business, financial condition and operating results.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

International sales (outside U.S.)

earns from · Approximately 56% of our net salesnamed as a risk

Approximately 56% of our net sales were outside of the U.S. in 2025 and approximately 53% in 2024.Risk factors (Item 1A)

Also named by AEHR, AMD, AME, ATI, AVAV, CRS, ENTG, FSS and 5 more

Asia Pacific

earns from · 29% to Asia Pacific

Our 2025 Hydraulics segment sales were distributed fairly evenly among our three major geographic regions with 40% to the Americas, 31% to Europe, the Middle East and Africa (“EMEA”) and 29% to Asia Pacific (“APAC”).Business (Item 1)

Also named by AIG, AVY, BLK, BNY, CCK, CL, COHR, DCI and 17 more

Americas

earns from · 79% in the Americas

Geographically, our 2025 Electronics segment sales were 79% in the Americas, 10% in EMEA and 11% in APAC.Business (Item 1)

Also named by BLK, CYRX, DELL, EMR, FDS, FICO, GGG, GS and 6 more

Italy

operates in · approximately 575 employees

In Italy, approximately 575 employees are represented by a labor union.Business (Item 1)

Also named by ABNB, CMCSA, JEF, JOUT, KRYS, RL, ROK

EMEA

earns from · 31% to Europe, the Middle East and Africa

Also named by EQIX, FDS, MDB, UCTT

China

operates innamed as a risk

For example, we are attempting to increase our technical capabilities and sales in China, where laws may not afford the same intellectual property protections.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Ukraine and Middle East conflicts

named as a risk

Pricing and availability of finished goods, raw materials, energy, transportation and other necessary supplies and services for use in our businesses can be volatile due to numerous factors beyond our control, including general, domestic and international economic conditions, natural disasters, labor costs, production levels, competition, consumer demand, import duties and tariffs, currency exchange rates, international treaties and changes in laws, regulations and related interpretations and global political instability (such as related to the ongoing conflicts in Ukraine and in the Middle East).Risk factors (Item 1A)

Hazards

Hurricanes, floods, earthquakes and tornadoes

operates innamed as a risk

We currently have operations located in geographies susceptible to severe weather events, such as hurricanes, floods, earthquakes and tornadoes.Risk factors (Item 1A)

Commodities and inputs

Foreign currency exchange rates

exposed to its price · decrease in annual sales of $31.3 millionnamed as a risk

The result of a 10% decrease in the 2025 average exchange rates of the currencies in which our transactions are denominated would have resulted in a decrease in annual sales of $31.3 million for the year ended January 3, 2026.Market risk (Item 7A)

Also named by ADP, AMT, CPAY, DPZ, DVA, GLW, LNN, PFG and 1 more

Chinese yuan

exposed to its pricenamed as a risk

In addition, our debt service requirements are predominantly in U.S. dollars and a portion of our cash flow is generated in Chinese yuan, British pounds, Euros and other foreign currencies.Risk factors (Item 1A)

Also named by ABT, ASO, BEN, CHRW, CROX, CYRX, DORM, ESI and 13 more

Ocean container shipping

depends onnamed as a risk

Our supply chain is dependent on third-party ocean-going container ships, rail, barge and trucking systems and, therefore, disruption in these logistics services because of weather-related problems, strikes, geopolitical conflicts, bankruptcies or other events could adversely affect our financial performance and financial condition, negatively impacting sales, profitability and cash flows.Risk factors (Item 1A)

Also named by FAST

Regulators

Office of Foreign Assets Control (OFAC)

subject tonamed as a risk

Due to our significant foreign sales, we are subject to trade and import and export regulations in multiple jurisdictions, including the U.S. Treasury Department’s Office of Foreign Assets Control’s regulations.Risk factors (Item 1A)

Also named by ABNB, ADP, AIG, APP, BMI, BMNR, BPOP, CAT and 46 more

Occupational Safety and Health Administration (OSHA)

subject tonamed as a risk

The Company's manufacturing locations are subject to the workplace safety rules and regulations of OSHA, local safety and health laws, and similar regulations promulgated in other countries.Business (Item 1)

Also named by BLDR, CSW, CTOS, ECG, FIX, GVA, IBP, PRIM and 7 more

Laws and programs

U.S. tariffs (current presidential administration)

subject tonamed as a risk

Due to the fluidity of the tariff environment and potential subsequent changes to effective dates, amounts of announced tariffs, and various exemptions for imports into the U.S., we are unable to fully quantify the impact the tariffs will have on our results of operations when and if enacted.Risk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

U.S. Foreign Corrupt Practices Act

subject tonamed as a risk

We are subject to the U.S. Foreign Corrupt Practices Act (“FCPA”) and anti-corruption laws, and similar laws in foreign countries, such as the U.K. Anti-Bribery Act of 2010.Business (Item 1)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

U.S.-China trade relations

subject tonamed as a risk

Trade restrictions, including withdrawal from or modification of existing trade agreements, negotiation of new trade agreements and imposition of new (and retaliatory) tariffs, including the previously enacted and potentially contemplated tariffs by the current U.S. presidential administration, against certain countries or covering certain products, including developments in U.S.-China trade relations, could increase our costs, limit our ability to capitalize on current and future growth opportunities in international markets and impair our ability to expand the business.Risk factors (Item 1A)

Also named by ORCL, Q

Cybersecurity Maturity Model Certification (CMMC)

subject to

The Company continues to enhance its cybersecurity risk management practices to address evolving regulatory and contractual requirements, including ongoing efforts to align certain business units with Cybersecurity Maturity Model Certification ("CMMC") Level 2 requirements.Cybersecurity (Item 1C)

Also named by ADI, AVAV, BWXT, GE, HEI, HON, HWM, KTOS and 15 more