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Haymaker Acquisition Corp. III(HYAC)Earnings, Financials & Key Ratios
HYAC•NASDAQ
$10.75
28.3× P/E·Price updated Jun 20, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryConsumer, media and entertainment SPACs
AboutHaymaker Acquisition Corp. III does not have any significant operations. It intends to acquire and operate a business in the consumer and consumer-related products. The company was incorporated in 2020 and is based in New York, New York.Show more
- EBITDA-$3M-193.8%
- Net Income-$1M-113.0%
- EPS (Diluted)-0.05-113.2%
- Gross Margin71.46%+1.3%
- EBITDA Margin-1.44%-201.4%
- Operating Margin-1.44%-201.4%
- Net Margin-0.76%-113.3%
- ROE-0.62%-112.8%
HYAC Price & Volume
Haymaker Acquisition Corp. III (HYAC) stock price & volume — 10-year historical chart
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Stalled Growth and Equity Erosion Threaten Stability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Liquidity and solvency deterioration
Key Thesis Takeaways
- Haymaker Acquisition Corp.
- III faces a precarious outlook as its practitioner-led distribution model struggles to sustain revenue, which has contracted from $51.4M in 2024Q3 to $44.9M in 2026Q1.
- While the company maintains robust gross margins near 68.9%, the inability to achieve operating leverage has resulted in a negative equity position of $48.0M.
- Investors should remain cautious as the firm's reliance on debt financing and the rapid depletion of cash reserves to $5.3M suggest significant liquidity risks in the near term.
Verdict Logic
the company's equity base has eroded into a $48.0M deficit, and the rapid decline in cash reserves to $5.3M in 2026Q1 indicates an unsustainable operational funding gap.
HYAC Growth Metrics
Haymaker Acquisition Corp. III (HYAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-113.68%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-119.27%
Return on Capital
10 Years-0.41%
5 Years-0.41%
3 Years-0.63%
Last Year-1.1%
HYAC Recent Earnings
Haymaker Acquisition Corp. III (HYAC) EPS & revenue vs analyst estimates — last 2 quarters
●Beat EPS 0/2 qtrs (0%)●Beat Revenue 0/2 qtrs (0%)
Q2 2026Latest
Mar 30, 2026Metric
Actual
Est
EPS
$0.05+0.0%
$0.05
Rev
$58M+0.0%
$58M
Q2 2026
Mar 13, 2026Metric
Actual
Est
EPS
$0.65
—
Rev
$46M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 30, 2026 | $0.05vs $0.05+0.0% | $58Mvs $58M+0.0% |
| Q2 2026 | Mar 13, 2026 | $0.65 | $46M |
Based on last 2 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Haymaker Acquisition Corp. III (HYAC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $10.75 | $317.64M | 28.29 | -2.52% | -0.76% | -0.62% | — | |
| $11.52 | $558.31M | 5.36 | 13.07% | 31.34% | 33.02% | — | |
| $1042.98 | $321.24B | 20.32 | -1.38% | 16.31% | 14.31% | — | |
| $222.04 | $350.22B | 21.77 | 11.48% | 15.13% | 16.22% | — | |
| $346.87 | $13.42B | 24.69 | 29.49% | 16.3% | 35.52% | — | |
| $41.74 | $4.11B | 19.24 | 3.25% | 8.48% | 29.43% | — |
Compare HYAC vs Peers
Haymaker Acquisition Corp. III (HYAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
HYAC SEC Filings & Documents
Haymaker Acquisition Corp. III (HYAC) SEC filings — annual & quarterly reports (10-K, 10-Q)
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HYAC Frequently Asked Questions
Haymaker Acquisition Corp. III (HYAC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Haymaker Acquisition Corp. III's revenue?
Haymaker Acquisition Corp. III (HYAC) reported $188.2M in revenue for fiscal year 2025.
How fast is Haymaker Acquisition Corp. III growing?
Haymaker Acquisition Corp. III (HYAC) saw revenue decline by 2.5% over the past year.
Is HYAC profitable?
Haymaker Acquisition Corp. III (HYAC) reported a net loss of $1.5M for fiscal year 2025.
Dividend & Returns
What is HYAC's return on equity?
Haymaker Acquisition Corp. III (HYAC) has a return on equity (ROE) of -0.6%. Negative ROE indicates the company is unprofitable.
What is Haymaker Acquisition Corp. III's free cash flow?
Haymaker Acquisition Corp. III (HYAC) generated $9.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.