Fourth quarter 2025 revenue declined year-over-year due to weaker shipments and tariff headwinds, resulting in an operating loss and net loss. However, bookings improved significantly sequentially and year-over-year, and operating cash flow strengthened.

Hyster-Yale's consolidated revenues for Q1 2025 were $910.4 million, a 14% decrease from Q1 2024, and operating profit was $21.3 million, a 75% decrease. Despite the decline in financial performance, the company experienced a significant increase in Lift Truck bookings compared to both the prior year and Q4 2024, and inventory decreased by $69 million.

Hyster-Yale's Q4 2024 performance saw a 4% increase in revenues to $1,067.5 million, but operating profit declined by 34% to $32.3 million and net income decreased by 59% to $10.3 million, primarily due to manufacturing footprint improvement and operational optimization charges.

Hyster-Yale reported solid execution against strong comparables with revenue increasing by 2% year-over-year to $1.0 billion, although operating profit decreased by 44% to $33.1 million and net income decreased by 52% to $17.2 million.

Hyster-Yale reported improved results in Q2 2024, with revenue up 7% and operating profit up 63% compared to the prior year. The company's net income increased by 65%.

Hyster-Yale reported a strong first quarter with revenue up 6% to $1.1 billion and operating profit surging by 97% to $83.8 million, driven by higher average sales prices and improved product margins. Net income also saw a substantial increase of 94% reaching $51.5 million. The company's financial leverage improved, and backlog remained healthy with increasing value per unit.

Hyster-Yale Materials Handling reported a 4% increase in revenue to $1 billion and a 146% increase in operating profit to $48.7 million for Q4 2023. Net income increased by 232% to $25.2 million. The company is projecting higher operating profit for FY 2024 with comparable net income.

Hyster-Yale's Q3 2023 results showed substantial improvement with consolidated revenues exceeding $1 billion, a 19% increase over Q3 2022. The company reported an operating profit of $58.6 million and a net income of $35.8 million, a significant turnaround from the losses in Q3 2022. This growth was propelled by high sales volumes, favorable pricing, and currency effects, with improved product margins contributing to the profitability.

Hyster-Yale reported strong Q2 2023 results, with revenue exceeding $1 billion, a 22% increase year-over-year. Operating profit was $58.8 million, a significant improvement from the loss in Q2 2022. The company benefited from higher pricing, increased sales volumes, and a favorable sales mix shift.

Hyster-Yale reported strong Q1 2023 results, with net income ahead of expectations and revenues nearly $1 billion. The company benefited from higher pricing and increased sales volumes, which led to improved profitability. Backlog decreased due to higher shipments and lower bookings, but backlog value increased due to higher average sales prices.

Hyster-Yale Materials Handling, Inc. reported strong Q4 2022 results with record quarterly revenues of $985.2 million and a net income of $7.6 million. The company benefited from higher pricing and a favorable sales mix, with supply chain constraints abating and cost inflation slowing.

Hyster-Yale's Q3 2022 results showed increased consolidated revenues driven by higher lift truck prices and parts volumes. The consolidated operating loss improved due to moderating component shortages and supply chain constraints. Lift Truck results improved year-over-year, while Bolzoni's results decreased, and Nuvera's loss decreased.

Hyster-Yale's Q2 2022 consolidated operating loss and consolidated net loss were impacted by material and freight cost inflation, unfavorable manufacturing variances driven by component shortages and the absence of $6.3 million of income recorded in 2021 associated with a favorable court ruling. Consolidated revenues increased 17.0% over Q2 2021 due to an 11.5% increase in consolidated shipments, primarily driven by a 32.2% increase in EMEA lift truck shipments, and improved pricing, partly offset by unfavorable currency movements.

Hyster-Yale Materials Handling, Inc. reported consolidated revenues increased 13.0% over Q1 2021. Lift Truck market growth rates moderated compared to early 2021 levels yet remain strong. Consolidated operating loss and consolidated net loss due to material and freight cost inflation, unfavorable manufacturing variances driven by component shortages, establishment of $3.2 million of reserves on Russian inventory and receivables, and increased operating expenses, as well as valuation allowances taken in 2021 that result in zero tax benefits on jurisdictions with losses but income tax expense in jurisdictions with income.

Hyster-Yale's Q4 2021 results were impacted by supply chain disruptions and cost inflation, leading to consolidated net losses despite increased revenues. The company is focused on strategic projects and expects improvements in profitability in the later part of 2022 and into 2023.

Hyster-Yale's Q3 2021 results were impacted by supply chain disruptions and cost inflation, leading to consolidated net loss. Lift Truck bookings decreased from Q2 2021. Significant operating loss at Lift Truck and break even results at Bolzoni due to material and freight cost inflation.

Hyster-Yale reported record Q2 2021 bookings of 47,000 units, significantly up from Q2 2020. Revenue increased due to higher unit shipments and parts volume in the Lift Truck and Bolzoni businesses. However, lower Lift Truck operating profit was reported due to increased operating expenses and higher material costs.

Hyster-Yale Materials Handling, Inc. reported a decrease in consolidated revenues to $732.2 million and a decrease in consolidated net income to $5.6 million, or $0.33 per diluted share, for the first quarter of 2021. The decrease was primarily driven by lower unit volumes and higher manufacturing and material costs.

Hyster-Yale Materials Handling reported a decrease in consolidated revenues but an increase in consolidated operating profit and net income for Q4 2020 compared to Q4 2019. The company's cost containment actions significantly contributed to the improved results, offsetting lower unit volumes.

Hyster-Yale's Q3 2020 results were adversely affected by the continuing COVID-19 pandemic with shipments decreased vs. Q3 2019, but increased over Q2 2020. Bookings in Q3 2020 were comparable to Q3 2019 and up substantially from Q2 2020. HY expects Q4 2020 results to be significantly higher than Q3 2020 and Q4 2019.

Hyster-Yale Materials Handling reported a decrease in consolidated revenues to $654.4 million and a decrease in net income to $3.6 million, or $0.21 per diluted share, for Q2 2020, compared to $856.2 million in revenues and $16.2 million in net income, or $0.97 per diluted share, for Q2 2019. The consolidated operating profit also decreased to $8.7 million from $22.9 million in the same quarter of the previous year.

Hyster-Yale Materials Handling reported a decrease in consolidated revenues to $785.7 million, but an increase in consolidated operating profit to $20.2 million and net income to $15.3 million, or $0.91 per diluted share, for the first quarter of 2020. The company's performance was affected by lower market volumes, primarily in Europe and China, and the impact of COVID-19.

Hyster-Yale Materials Handling, Inc. reported consolidated revenues of $834.8 million and consolidated net income of $3.4 million, or $0.20 per diluted share, for the fourth quarter of 2019.