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November 15, 2023
Sean Bagan
Chief Financial Officer
Helios Technologies, Inc.
7456 16th St E
Sarasota, Florida 34243
Re:Helios Technologies, Inc.
Form 10-K for the year ended December 31, 2022
Form 8-K filed November 2, 2023
File No. 1-40935
Dear Sean Bagan:
            We have limited our review of your filing to the financial statements and related
disclosures and have the following comments.
            Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
            After reviewing your response to this letter, we may have additional comments.
Form 8-K filed November 2, 2023
NonGAAP Adjusted Operating Income RECONCILIATION, page 14
1.Please revise future filings to provide a reconciliation of "Non-GAAP cash net income per
diluted share," "Non-GAAP adjusted operating margin," and "Adjusted EBITDA margin"
to the most directly comparable GAAP measure. Refer to Item 10(e)(1)(i)(B) of
Regulation S-K and Questions 102.05 and 102.10(a) of the Compliance and Disclosure
Interpretations on Non-GAAP Financial Measures.
Non-GAAP Cash Net Income RECONCILIATION, page 15
2.We note your presentation of "Non-GAAP cash net income" and "Non-GAAP cash net
income per diluted share."  Considering the reconciling items appear to include both cash
and non-cash adjustments, please remove the "cash" description from the titles or tell us
why you believe the titles are appropriate.
Form 10-K for the year ended December 31, 2022

 FirstName LastNameSean Bagan
 Comapany NameHelios Technologies, Inc.
 November 15, 2023 Page 2
 FirstName LastNameSean Bagan
Helios Technologies, Inc.
November 15, 2023
Page 2
Management's Discussion and Analysis of Financial Condition and Results of Operations
Critical Accounting Policies and Estimates, page 43
3.In future filings, please enhance your disclosures to provide qualitative and quantitative
information necessary to understand the estimation uncertainty and the impact your
critical accounting estimates have had or are reasonably likely to have on your financial
condition and results of operations. In addition, discuss how much each estimate and/or
assumption has changed over a relevant period and the sensitivity of reported amounts to
the underlying methods, assumptions and estimates used. The disclosures
should supplement, not duplicate, the description of accounting policies or other
disclosures in the notes to the financial statements. As an example, we note that the
amounts and useful lives applied in your purchase price allocations to trade names and
brands and customer relationships may have a significant impact on your financial
statements. Refer to Item 303(b)(3) of Regulation S-K and SEC Release No. 33-8350.
Inflation, page 44
4.We note your disclosure that you "are experiencing supply shortages and increasing
material and logistics costs. Continued increases in the global demand for the materials
used in our products could result in significant increases in the costs of the components we
purchase, and we may not be able to fully offset such higher costs through price
increases." Please address the following comment related to the supply chain and
inflationary pressures you are experiencing:

•Revise your disclosures in future filings to expand upon the principal factors
contributing to your inflationary pressures, the specific actions planned or taken, if
any, to mitigate the inflationary pressures, and to quantify the resulting impact on
your results of operations and financial condition.

•Revise your disclosures in future filings to more fully address whether and how
supply disruptions materially affect your outlook or business goals. Specify whether
these challenges have materially impacted your results of operations or capital
resources and quantify, to the extent possible, how your sales, profits, and/or liquidity
have been impacted. Discuss known trends or uncertainties resulting from mitigation
efforts undertaken, if any, to alleviate supply chain disruptions. Explain whether any
mitigation efforts introduce new material risks, including those related to product
quality, reliability, or regulatory approval of products.
            In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
            Please contact Charles Eastman at 202-551-3794 or Andrew Blume at 202-551-3254 with

 FirstName LastNameSean Bagan
 Comapany NameHelios Technologies, Inc.
 November 15, 2023 Page 3
 FirstName LastName
Sean Bagan
Helios Technologies, Inc.
November 15, 2023
Page 3
any questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing