Hillman Solutions Corp. (HLMN) FY2025 10-K Annual Report

Filed: Feb 17, 2026
Industrials
Cutlery, Handtools & General HardwareSEC EDGAR

Hillman Solutions Corp. (HLMN) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 17, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Hillman Solutions Corp. FY2025 10-K Analysis

Business Overview

  • Core business: provider of hardware-related products and merchandising services to retail markets in North America with $1,552.2M net sales in 2025
  • New emphasis on Robotics and Digital Solutions with proprietary MinuteKey and KeyKrafter® kiosks generating $220.2M revenue in 2025
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Management Discussion & Analysis

  • Revenue not explicitly stated; adjusted EBITDA $275.3M in 2025, up 14% from $241.8M in 2024
  • Operating margin Hardware & Protective Solutions 17.9% in 2025 ($90.6M/$506.6M est.), up from 11.4% in 2024 ($60.1M); Robotics margin down to 5.2% in 2025 ($17.3M/$336.6M est.) from 6.1% in 2024 ($20.5M)
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Risk Factors

  • Trade tariff risk from U.S. tariffs on steel, aluminum, and goods from China, Mexico, Canada since Feb 1, 2025 increased product costs, forced price hikes
  • FX risk from 2025 USD decline vs CNY (-4.0%) and TWD (-4.2%) pressures supplier margins, may drive price increases from vendors
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Hillman Solutions Corp. FY2025 Key Financial Metrics
XBRL

Revenue

$1.6B

+5.4% YoY

Net Income

$40M

+133.6% YoY

Operating Margin

7.3%

+131bp YoY

Net Margin

2.6%

+142bp YoY

ROE

3.3%

+182bp YoY

Total Assets

$2.4B

+1.1% YoY

EPS (Diluted)

$0.20

+122.2% YoY

Operating Cash Flow

$105M

-42.6% YoY

Source: XBRL data from Hillman Solutions Corp. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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