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Hongli vs Taylor Devices: revenue, profit, margins and growth compared

Hongli brought in $19.6M of revenue in fiscal 2025, Taylor Devices $41.6M in fiscal 2026. Revenue changed by +39.0% at Hongli and -10.0% at Taylor Devices on the year before, so Hongli grew faster. Hongli kept 9.9% of its revenue as net profit, Taylor Devices 20.6%. Free cash flow was $660.8K at Hongli and $4.9M at Taylor Devices.

Side by side, latest fiscal year

HLPTAYD
Fiscal year endedFY2025 (December 31, 2025)FY2026 (May 31, 2026)
Revenue$19.6M$41.6M
Revenue growth+39.0%-10.0%
Net income$1.9M$8.6M
Net margin9.9%20.6%
Free cash flow$660.8K$4.9M
Free cash flow margin3.4%11.7%
Earnings per share (diluted)$0.03$2.62
Cash$1.8M$904.8K
Debtn/an/a
Price to earningsn/a24.1
Market value$165.2M$203.5M
Dividend yieldn/an/a
Rank by revenue in sector#426 of 451 · Industrials#408 of 451 · Industrials

Over the years

Revenue
HLP FY2020: $11.2MHLP FY2022: $21.7MHLP FY2022: $20.3MHLP FY2023: $16MHLP FY2024: $14.1MHLP FY2025: $19.6MTAYD FY2019: $33.6MTAYD FY2020: $28.4MTAYD FY2021: $22.5MTAYD FY2022: $30.9MTAYD FY2023: $40.2MTAYD FY2024: $44.6MTAYD FY2025: $46.3MTAYD FY2026: $41.6MFY19FY20FY21FY22FY23FY24FY25FY26
HLP $19.6MTAYD $41.6M
Net income
HLP FY2020: $2.4MHLP FY2022: $3.2MHLP FY2022: $2.9MHLP FY2023: $864.7KHLP FY2024: -$1.9MHLP FY2025: $1.9MTAYD FY2019: $2.5MTAYD FY2020: $3MTAYD FY2021: $1.1MTAYD FY2022: $2.2MTAYD FY2023: $6.3MTAYD FY2024: $9MTAYD FY2025: $9.4MTAYD FY2026: $8.6MFY19FY20FY21FY22FY23FY24FY25FY26
HLP $1.9MTAYD $8.6M
Net margin
HLP FY2020: 21.7%HLP FY2022: 14.7%HLP FY2022: 14.5%HLP FY2023: 5.4%HLP FY2024: -13.3%HLP FY2025: 9.9%TAYD FY2019: 7.6%TAYD FY2020: 10.7%TAYD FY2021: 4.7%TAYD FY2022: 7.3%TAYD FY2023: 15.6%TAYD FY2024: 20.2%TAYD FY2025: 20.3%TAYD FY2026: 20.6%FY19FY20FY21FY22FY23FY24FY25FY26
HLP 9.9%TAYD 20.6%
Revenue growth
HLP FY2022: +94.6%HLP FY2022: -6.6%HLP FY2023: -21.1%HLP FY2024: -11.8%HLP FY2025: +39.0%TAYD FY2020: -15.6%TAYD FY2021: -20.7%TAYD FY2022: +37.1%TAYD FY2023: +30.2%TAYD FY2024: +10.9%TAYD FY2025: +3.8%TAYD FY2026: -10.0%FY20FY21FY22FY23FY24FY25FY26
HLP +39.0%TAYD -10.0%
Free cash flow
HLP FY2020: $2.4MHLP FY2022: $135KHLP FY2022: -$2.6MHLP FY2023: $582.5KHLP FY2024: -$446.5KHLP FY2025: $660.8KTAYD FY2019: $2.2MTAYD FY2020: $8.6MTAYD FY2021: $5.4MTAYD FY2022: $1.9MTAYD FY2023: $4.3MTAYD FY2024: $12.1MTAYD FY2025: $4.9MTAYD FY2026: $4.9MFY19FY20FY21FY22FY23FY24FY25FY26
HLP $660.8KTAYD $4.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Hongli and Taylor Devices

Which is bigger by revenue, Hongli or Taylor Devices?

Taylor Devices is bigger by revenue: $41.6M in fiscal 2026, against $19.6M for Hongli in fiscal 2025.

Which keeps more of its revenue as profit, Hongli or Taylor Devices?

Hongli had a net margin of 9.9% in fiscal 2025; Taylor Devices had 20.6% in fiscal 2026.

Which grew revenue faster, Hongli or Taylor Devices?

In their latest fiscal years revenue changed by +39.0% at Hongli and -10.0% at Taylor Devices.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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