HLLY on NYSE
Holley Inc.
American motor vehicle parts and accessories company based in Bowling Green.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Commercial Vehicle Group, STRATTEC SECURITY CORP or China Automotive Systems, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
43.4%Gross margin3
13.4%Operating margin3
3.1%Net margin3
1.9%Revenue growth, 20253
4.3%Return on equity3
1.15×Debt to equity3
$33.9MFree cash flow3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
American Performance brought in 64% of the revenue Holley Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| American Performance | $389.3M | $393.9M |
| Truck & Off-Road | $122.1M | $125.5M |
| Safety & Racing | $64.9M | $64.2M |
| Euro & Import | $26.0M | $29.9M |
Regions
United States brought in 97% of the revenue Holley Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $583.4M | $598.0M |
| Italy | $18.8M | $15.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue57¢$347.3M
- Research and development3¢$18.8M
- Selling, general and admin24¢$146.1M
- Other costs12¢$72.6M
- Income tax2¢$9.5M
- Profit3¢$19.2M
Out of $613.5M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending27¢$12.3M
- Kept or used elsewhere73¢$33.9M
Out of $46.2M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net sales | $613.5M | $602.2M |
| Cost of goods sold | $347.3M | $363.7M |
| Gross profit | $266.2M | $238.5M |
| Selling, general, and administrative | $146.1M | $132.1M |
| Research and development costs | $18.8M | $18.7M |
| Amortization of intangible assets | $13.8M | $13.9M |
| Impairment of indefinite-lived intangible assets | $0 | $7.7M |
| Impairment of goodwill | $0 | $40.9M |
| Restructuring costs | $2.9M | $1.6M |
| Loss on sale of assets | $0 | $9.2M |
| Other operating expense (income) | $2.1M | -$268.0K |
| Total operating expense | $183.8M | $223.9M |
| Operating income | $82.5M | $14.7M |
| Change in fair value of warrant liability | $1.2M | -$7.6M |
| Change in fair value of earn-out liability | $897.0K | -$2.3M |
| Loss (gain) on early extinguishment of debt | -$93.0K | $141.0K |
| Interest expense, net | -$51.8M | -$50.7M |
| Total non-operating expense | $53.8M | $40.9M |
| Income (loss) before income taxes | $28.6M | -$26.3M |
| Income tax expense (benefit) | $9.5M | -$3.0M |
| Net income (loss) | $19.2M | -$23.2M |
| Foreign currency translation adjustment | $1.3M | -$452.0K |
| Total other comprehensive income (loss) | $1.3M | -$452.0K |
| Total comprehensive income (loss) | $20.5M | -$23.7M |
| Weighted average common shares outstanding - basic (in shares) | 119.2M shares | 118.4M shares |
| Weighted average common shares outstanding - diluted (in shares) | 120.0M shares | 118.4M shares |
| Basic net income (loss) per share ((in usd per share)) | $0.16 | -$0.20 |
| Diluted net income (loss) per share (in usd per share) | $0.16 | -$0.20 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $37.2M | $56.1M | |
| Accounts receivable, less allowance for credit losses of $1,856 and $2,026, respectively | $57.9M | $36.1M | $48.4M |
| Inventory | $205.7M | $192.5M | |
| Prepaids and other current assets | $15.4M | $12.6M | |
| Total current assets | $316.2M | $297.3M | |
| Property, plant, and equipment, net | $45.1M | $41.0M | |
| Goodwill | $372.3M | $372.3M | $419.1M |
| Other intangibles assets, net | $396.9M | $386.7M | |
| Right-of-use assets | $33.4M | $36.0M | |
| Total assets | $1.2B | $1.1B | |
| Accounts payable | $60.1M | $44.8M | |
| Accrued liabilities | $48.3M | $43.2M | |
| Accrued interest | $115.0K | $0 | |
| Current portion of long-term debt | $6.6M | $7.2M | |
| Total current liabilities | $115.1M | $95.2M | |
| Long-term debt, net of current portion | $516.1M | $545.4M | |
| Warrant liability | $2.0M | $813.0K | |
| Earn-out liability | $2.0M | $1.1M | |
| Deferred taxes | $46.5M | $37.4M | |
| Other noncurrent liabilities | $33.2M | $32.3M | |
| Total liabilities | $715.0M | $712.2M | |
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding on December 31, 2024 and December 31, 2023 | $0 | $0 | |
| Common stock, $0.0001 par value, 550,000,000 shares authorized, 118,748,697 and 117,707,280 shares issued and outstanding on December 31, 2024 and December 31, 2023, respectively | $12.0K | $12.0K | |
| Additional paid-in capital | $384.9M | $377.6M | |
| Accumulated other comprehensive gain (loss) | $120.0K | -$1.2M | |
| Retained earnings | $63.9M | $44.7M | |
| Total stockholders' equity | $448.9M | $421.2M | $441.2M |
| Total liabilities and stockholders' equity | $1.2B | $1.1B | |
| Accounts receivable, allowance for credit loss, current | $1.9M | $2.0M | |
| Preferred stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 550.0M shares | 550.0M shares | |
| Common stock, shares, issued (in shares) | 119.7M shares | 118.7M shares | |
| Common stock, shares, outstanding (in shares) | 119.7M shares | 118.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $37.2M | $56.1M | |
| Accounts receivable, less allowance for credit losses of $1,856 and $2,026, respectively | $57.9M | $36.1M | $48.4M |
| Inventory | $205.7M | $192.5M | |
| Prepaids and other current assets | $15.4M | $12.6M | |
| Total current assets | $316.2M | $297.3M | |
| Property, plant, and equipment, net | $45.1M | $41.0M | |
| Goodwill | $372.3M | $372.3M | $419.1M |
| Other intangibles assets, net | $396.9M | $386.7M | |
| Right-of-use assets | $33.4M | $36.0M | |
| Total assets | $1.2B | $1.1B | |
| Accounts payable | $60.1M | $44.8M | |
| Accrued liabilities | $48.3M | $43.2M | |
| Accrued interest | $115.0K | $0 | |
| Current portion of long-term debt | $6.6M | $7.2M | |
| Total current liabilities | $115.1M | $95.2M | |
| Long-term debt, net of current portion | $516.1M | $545.4M | |
| Warrant liability | $2.0M | $813.0K | |
| Earn-out liability | $2.0M | $1.1M | |
| Deferred taxes | $46.5M | $37.4M | |
| Other noncurrent liabilities | $33.2M | $32.3M | |
| Total liabilities | $715.0M | $712.2M | |
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding on December 31, 2024 and December 31, 2023 | $0 | $0 | |
| Common stock, $0.0001 par value, 550,000,000 shares authorized, 118,748,697 and 117,707,280 shares issued and outstanding on December 31, 2024 and December 31, 2023, respectively | $12.0K | $12.0K | |
| Additional paid-in capital | $384.9M | $377.6M | |
| Accumulated other comprehensive gain (loss) | $120.0K | -$1.2M | |
| Retained earnings | $63.9M | $44.7M | |
| Total stockholders' equity | $448.9M | $421.2M | $441.2M |
| Total liabilities and stockholders' equity | $1.2B | $1.1B | |
| Accounts receivable, allowance for credit loss, current | $1.9M | $2.0M | |
| Preferred stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 550.0M shares | 550.0M shares | |
| Common stock, shares, issued (in shares) | 119.7M shares | 118.7M shares | |
| Common stock, shares, outstanding (in shares) | 119.7M shares | 118.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | $19.2M | -$23.2M |
| Depreciation | $9.7M | $10.6M |
| Amortization of intangible assets | $13.8M | $13.9M |
| Impairment of indefinite-lived intangible assets | $0 | $7.7M |
| Impairment of goodwill | $0 | $40.9M |
| Amortization of deferred loan costs | $1.7M | $1.8M |
| Amortization of right of use assets | $5.4M | $5.2M |
| Fair value adjustments to warrant liability | $1.2M | -$7.6M |
| Fair value adjustments to earn-out liability | $897.0K | -$2.3M |
| Fair value adjustments to interest rate collar | $3.4M | -$1.1M |
| Equity compensation | $8.2M | $5.2M |
| Change in deferred taxes | $9.1M | -$16.2M |
| Loss on sale of assets | $0 | $9.2M |
| Loss (gain) on early extinguishment of long-term debt | $93.0K | -$141.0K |
| Loss (gain) on disposal of property, plant and equipment | $722.0K | -$568.0K |
| Provision for inventory reserves | $4.2M | $11.1M |
| Provision for credit losses | $362.0K | $1.3M |
| Accounts receivable | -$21.4M | $10.8M |
| Inventories | -$17.1M | -$16.6M |
| Prepaids and other current assets | -$6.2M | $3.0M |
| Accounts payable | $12.9M | $1.2M |
| Accrued interest | $115.0K | -$455.0K |
| Accrued and other liabilities | $105.0K | -$7.1M |
| Net cash provided by operating activities | $46.2M | $46.9M |
| Capital expenditures | -$12.3M | -$6.8M |
| Acquisition of license agreement | -$20.2M | $0 |
| Proceeds from the disposal of fixed assets | $322.0K | $1.7M |
| Proceeds from sale of business | $0 | $7.1M |
| Net cash (used in) provided by investing activities | -$32.2M | $2.0M |
| Deferred financing fees | $343.0K | -$679.0K |
| Payments from stock-based award activities | -$847.0K | -$1.5M |
| Borrowings under revolving credit facility | $10.0M | $0 |
| Repayment of borrowings under revolving credit facility | -$10.0M | $0 |
| Net cash used in financing activities | -$32.6M | -$34.6M |
| Effect of foreign currency rate fluctuations on cash | -$235.0K | $691.0K |
| Net change in cash and cash equivalents | -$18.9M | $15.0M |
| Cash paid for interest | $46.6M | $52.2M |
| Income Taxes Paid, Net | $10.4M | $11.1M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Holley Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2025
- Chief executive officerMichelle J. Gloeckler Feb 8, 2023 to May 9, 202310
- Chief executive officerMatthew Stevenson Jun 6, 2023 to now11
- Chief executive officerThomas W. Tomlinson Jul 20, 2021 to Aug 18, 202212
- Chief executive officerMatthew E. Rubel Oct 6, 2020 to Oct 6, 202013
- ChairMatthew E. Rubel Oct 6, 2020 to now13
- PresidentMichelle J. Gloeckler Feb 8, 2023 to May 9, 202310
- PresidentMatthew Stevenson Jun 6, 2023 to now11
- PresidentGraham Clempson Oct 6, 2020 to Oct 6, 202014
- Chief financial officerJesse Weaver Dec 12, 2022 to now15
- Chief financial officerDominic Bardos Jul 20, 2021 to Aug 16, 202216
- Chief financial officerAndrew Spring Oct 6, 2020 to Oct 6, 202017
- Chief operating officerBrian Appelgate Nov 14, 2022 to May 20, 202418
Board members and other officers (20)
- VP Business DevelopmentJason Richard Bruce Jul 20, 2021 to Nov 21, 202319
- Chief Marketing OfficerSean Crawford Jul 20, 2021 to Nov 21, 202320
- Chief Information OfficerTerrill M. Rutledge Jul 20, 2021 to Nov 21, 202321
- OfficerVinod Nimmagadda Jul 20, 2021 to Nov 21, 202322
- Chief Human Resources OfficerPatrick Lee Pierce Sep 2, 2021 to Nov 21, 202323
- Board memberMatthew Stevenson Jun 6, 2023 to now11
- Board memberAnita Sehgal May 12, 2022 to now24
- Board memberGinger M. Jones Jul 19, 2021 to now25
- Board memberMichelle J. Gloeckler Jul 19, 2021 to now26
- Board memberDavid S. Lobel Jul 20, 2021 to now27
- Board memberJames D. Coady Jul 20, 2021 to now28
- Board memberOwen Basham Jul 20, 2021 to now29
- Board memberThomas W. Tomlinson Jul 20, 2021 to Aug 18, 202212
- Board memberMatthew E. Rubel Sep 24, 2021 to now30
- Board memberBeth J. Kaplan Oct 6, 2020 to Oct 6, 202031
- Board memberGina L. Bianchini Oct 6, 2020 to Sep 24, 202132
- Board memberGraham Clempson Oct 6, 2020 to now14
- Board memberKrishnan Anand Oct 6, 2020 to Oct 6, 202033
- General counselSarah E. Apple May 27, 2026 to now34
- General counselCarly Kennedy Apr 4, 2022 to now35
Former names
- Empower Ltd.Aug 28, 2020 to Jul 16, 20212
Timeline
Filings
317 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 50 major events, 159 insider forms, 26 large holders, 59 other. The latest 20:
- Sep 23, 20268-K EDGAR
- Aug 14, 20264 EDGAR
- Aug 14, 20264 EDGAR
- Aug 5, 20268-K EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 4, 2026SCHEDULE 13G/A EDGAR
- Jul 16, 202625-NSE EDGAR
- Jul 14, 20268-K EDGAR
- Jun 9, 20264 EDGAR
- Jun 1, 2026SD EDGAR
- May 27, 20263 EDGAR
- May 26, 20268-K EDGAR
- May 18, 20268-K EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
The 317 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 26 such filings since October 2021, the latest 10:
- Aug 4, 2026SCHEDULE 13G/A
- Jan 16, 2026SCHEDULE 13G/A
- Nov 3, 2025SCHEDULE 13G
- Sep 19, 2025SCHEDULE 13D/A
- Sep 12, 2025SCHEDULE 13D/A
- Aug 13, 2025SCHEDULE 13G/A
- May 14, 2025SCHEDULE 13G/A
- Feb 13, 2025SCHEDULE 13G/A
- Dec 18, 2024SCHEDULE 13D/A
- Nov 13, 2024SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Allspring Global Investments Holdings, LLC | 9,807,451 | $24.0M | 0.0% | −16,452 |
| Boston Partners | 7,005,583 | $17.9M | 0.0% | +391,043 |
| BlackRock, Inc. | 5,631,764 | $14.4M | 0.0% | +758,695 |
| Wasatch Advisors LP | 4,887,038 | $12.5M | 0.1% | +1,269,256 |
| Blue Owl Capital Holdings LP | 4,376,888 | $11.2M | 1.7% | +140,000 |
| Bamco Inc /ny/ | 3,250,000 | $8.3M | 0.0% | No change |
| Vanguard Capital Management LLC | 3,151,020 | $8.0M | 0.0% | +26,578 |
| Dimensional Fund Advisors LP | 2,894,741 | $7.4M | 0.0% | +447,475 |
| Clearlake Capital Group, L.P. | 2,750,000 | $7.0M | 1.3% | No change |
| Hillsdale Investment Management Inc. | 2,021,361 | $5.2M | 0.1% | +91,900 |
| Bank Of America Corp /de/ | 1,818,851 | $4.6M | 0.0% | −63,515 |
| Franklin Resources Inc | 1,809,963 | $4.6M | 0.0% | +443,302 |
| Geode Capital Management, LLC | 1,746,533 | $4.5M | 0.0% | +197,047 |
| Russell Investments Group, Ltd. | 1,586,315 | $4.0M | 0.0% | −169,289 |
| State Street Corp | 1,450,443 | $3.7M | 0.0% | +84,802 |
| Arrowstreet Capital, Limited Partnership | 1,318,247 | $3.4M | 0.0% | −328,501 |
| Morgan Stanley | 1,294,586 | $3.3M | 0.0% | −32,707 |
| Goldman Sachs Group Inc | 1,170,961 | $3.0M | 0.0% | +861,817 |
| Skylands Capital, LLC | 1,069,829 | $2.7M | 0.3% | +75,979 |
| Bridgeway Capital Management, LLC | 995,316 | $2.5M | 0.0% | +31,746 |
| D. E. Shaw & Co., Inc. | 952,620 | $2.4M | 0.0% | −254,530 |
| Vanguard Portfolio Management LLC | 938,880 | $2.4M | 0.0% | +82,294 |
| First Eagle Investment Management, LLC | 911,594 | $2.3M | 0.0% | +430,797 |
| Two Sigma Investments, LP | 888,208 | $2.3M | 0.0% | −147,795 |
| Renaissance Technologies LLC | 747,400 | $1.9M | 0.0% | −125,700 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARHolley Inc. filings on SEC EDGAR
- 2SEC EDGARHolley Inc. filings on SEC EDGAR
- 3SEC EDGARHolley Inc. 10-K for fiscal 2025
- 4SEC EDGARHolley Inc. 10-K for fiscal 2019
- 5SEC EDGARHolley Inc. 10-K for fiscal 2020
- 6SEC EDGARHolley Inc. 10-K for fiscal 2021
- 7SEC EDGARHolley Inc. 10-K for fiscal 2022
- 8SEC EDGARHolley Inc. 10-Q for fiscal 2026
- 9SEC EDGARHolley Inc. 10-Q for fiscal 2026
- 10
- 11
- 12
- 13
- 14SEC EDGARGraham Clempson, President
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22SEC EDGARVinod Nimmagadda, Officer
- 23
- 24SEC EDGARAnita Sehgal, Board member
- 25SEC EDGARGinger M. Jones, Board member
- 26SEC EDGARMichelle J. Gloeckler, Board member
- 27SEC EDGARDavid S. Lobel, Board member
- 28SEC EDGARJames D. Coady, Board member
- 29SEC EDGAROwen Basham, Board member
- 30SEC EDGARMatthew E. Rubel, Board member
- 31SEC EDGARBeth J. Kaplan, Board member
- 32SEC EDGARGina L. Bianchini, Board member
- 33SEC EDGARKrishnan Anand, Board member
- 34SEC EDGARSarah E. Apple, General counsel
- 35SEC EDGARCarly Kennedy, General counsel
- 36