Hongli Group Inc. revenue

Hongli Group Inc.'s revenue was $19.6m in fiscal 2025, up 39.0% on the year before. Since fiscal 2020 ($11.2m) it has grown at a compound 11.9% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hongli Group Inc.: revenue history, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	11	22	20	16	14	20
Growth on the year before	—	+94.6%	−6.6%	−21.1%	−11.8%	+39.0%
Gross profit	4	8	7	5	5	6
Gross margin	39.9%	35.3%	34.6%	32.8%	32.0%	32.5%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electronic Components: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Hongli Group Inc.	$19.6m	39.0%	—
Kulr Technology Group, Inc.	$15.8m	24.6%	27.2%
Ostin Technology Group Co., Ltd.	$39.7m	22.2%	—
Espey MFG & Electronics Corp	$46.1m	4.9%	9.0%
M-tron Industries, Inc.	$58.2m	11.8%	16.7%
Highway Holdings LTD	$4.8m	-35.2%	-40.6%

Compare with peers

Head to head: HLP vs KULR HLP vs OST ESP vs HLP HIHO vs HLP

More: Electronic Components stocks compared, Technology sector, rankings of US companies

Figures from Hongli Group Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Hongli Group Inc.