HELIOS TECHNOLOGIES Business Summary

Helios Technologies, Inc. (HLIO) operates as a global leader in highly engineered motion control and electronic controls, generating revenue primarily through the design, manufacture, and sale of specialized components and integrated systems. The company is organized into two core business segments: Hydraulics and Electronics. The Hydraulics segment, which contributes approximately 65% of total revenue, focuses on precision hydraulic cartridge valves and quick-release couplings under brands like Sun Hydraulics and Faster. The Electronics segment accounts for the remaining 35%, providing rugged displays, controllers, and instrumentation for operator interfaces through brands such as Enovation Controls and Balboa Water Group. Helios competes directly with industrial giants and specialists including Parker-Hannifin, Enerpac Tool Group, and HydraForce, positioning itself as a high-margin niche leader that prioritizes custom-engineered solutions over commodity-grade hardware. Originally founded in 1970 as Sun Hydraulics by Robert Koski and John Allen, the company is currently led by President and CEO Sean P. Bagan, who assumed the role in January 2025 following a successful tenure as CFO and over two decades of leadership at Polaris Inc. The executive team includes Jeremy Evans as Executive Vice President and Chief Financial Officer, and Billy Aldridge, who was promoted to President of the Electronics segment in early 2026. The company’s strategic direction is overseen by a robust Board of Directors chaired by Laura Dempsey Brown, with notable members such as Ian Walsh, CEO of FDH Aero. Helios maintains a strong institutional investor base, with significant positions held by major firms including Wellington Management Group, Janus Henderson Group, and T. Rowe Price, reflecting confidence in its transition toward digitized cockpits and advanced liquid cooling applications.