Hydrofarm Holdings Group, Inc. (HYFM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 28.52M | 25.12M | 29.35M | 39.24M | 40.53M | 37.31M | 44.01M | 54.79M | 54.17M | 47.18M | 54.17M | 63.05M | 62.18M | 61.46M | 74.16M | 97.51M | 111.38M | 110.41M | 123.82M | 133.8M |
| Revenue Growth % | -29.63% | -32.67% | -33.31% | -28.38% | -25.18% | -20.92% | -18.75% | -13.1% | -12.88% | -23.23% | -26.95% | -35.34% | -44.17% | -44.33% | -40.11% | -27.12% | -0.01% | 26.27% | 28.1% | 46.7% |
| Cost of Goods Sold | 27.8M | 22.31M | 31.12M | 39.06M | 39.23M | 35.48M | 35.49M | 43.94M | 49.24M | 43.63M | 50.86M | 48.58M | 50.8M | 61.93M | 68.29M | 90.17M | 94.77M | 91.72M | 93.83M | 104.21M |
| COGS % of Revenue | 97.46% | 88.79% | 106.02% | 99.53% | 96.78% | 95.07% | 80.64% | 80.2% | 90.9% | 92.46% | 93.89% | 77.05% | 81.7% | 100.77% | 92.09% | 92.47% | 85.09% | 83.08% | 75.78% | 77.88% |
| Gross Profit | 725K | 2.82M | -1.77M | 184K | 1.31M | 1.84M | 8.52M | 10.85M | 4.93M | 3.56M | 3.31M | 14.47M | 11.38M | -473K | 5.86M | 7.34M | 16.61M | 18.68M | 29.99M | 29.59M |
| Gross Margin % | 2.54% | 11.21% | -6.02% | 0.47% | 3.22% | 4.93% | 19.36% | 19.8% | 9.1% | 7.54% | 6.11% | 22.95% | 18.3% | -0.77% | 7.91% | 7.53% | 14.91% | 16.92% | 24.22% | 22.12% |
| Gross Profit Growth % | -44.49% | 53.26% | -120.75% | -98.3% | -73.52% | -48.34% | 157.45% | -25.03% | -56.66% | 852.22% | -43.57% | 97.21% | -31.46% | -102.53% | -80.45% | -75.2% | -28.49% | 16.71% | 64.91% | 65.54% |
| Operating Expenses | 6.96M | 9.25M | 10.29M | 10.21M | 11.93M | 16.96M | 17.56M | 30.18M | 13.49M | 13.07M | 19.54M | 23.47M | 24.43M | 26.2M | 26.19M | 215.55M | 43M | 27.69M | 32.4M | 27.26M |
| OpEx % of Revenue | 24.4% | 36.81% | 35.07% | 26.01% | 29.43% | 45.45% | 39.89% | 55.08% | 24.9% | 27.71% | 36.08% | 37.22% | 39.29% | 42.62% | 35.31% | 221.05% | 38.61% | 25.08% | 26.16% | 20.37% |
| Selling, General & Admin | 6.96M | 9.25M | 10.29M | 10.21M | 11.93M | 16.96M | 17.56M | 18.66M | 13.49M | 13.07M | 19.54M | 23.47M | 24.43M | 26.2M | 26.19M | 25.97M | 43M | 27.66M | 32.4M | 27.26M |
| SG&A % of Revenue | 24.4% | 36.81% | 35.07% | 26.01% | 29.43% | 45.45% | 39.89% | 34.05% | 24.9% | 27.71% | 36.08% | 37.22% | 39.29% | 42.62% | 35.31% | 26.64% | 38.61% | 25.05% | 26.16% | 20.37% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 40K | 0 | 0 | 1000K | -102K | 35K | 0 | 43K |
| Operating Income | -6.23M | -6.43M | -12.06M | -10.03M | -10.62M | -15.12M | -9.04M | -19.33M | -8.56M | -9.52M | -16.23M | -8.99M | -13.05M | -26.67M | -20.32M | -208.21M | -26.4M | -9.01M | -2.41M | 2.33M |
| Operating Margin % | -21.86% | -25.59% | -41.09% | -25.54% | -26.21% | -40.52% | -20.53% | -35.27% | -15.8% | -20.17% | -29.97% | -14.27% | -20.99% | -43.39% | -27.4% | -213.53% | -23.7% | -8.16% | -1.94% | 1.74% |
| Operating Income Growth % | 41.32% | 57.47% | -33.46% | 48.13% | -24.14% | -58.87% | 44.33% | -114.87% | 34.42% | 64.32% | 20.12% | 95.68% | 50.56% | -196.14% | -744.64% | -9032.09% | -513.62% | -50.53% | -143.93% | -52.95% |
| EBITDA | -2.4M | -5.34M | -4.72M | -2.61M | -3.31M | -7.75M | -1.37M | -11.55M | -673K | -1.61M | -8.33M | 1.71M | -2.1M | -18.36M | -11.88M | -200.37M | -7.2M | -2.71M | 2.45M | 5.63M |
| EBITDA Margin % | -8.42% | -21.28% | -16.1% | -6.66% | -8.18% | -20.78% | -3.12% | -21.08% | -1.24% | -3.41% | -15.37% | 2.72% | -3.37% | -29.87% | -16.02% | -205.49% | -6.46% | -2.45% | 1.98% | 4.21% |
| EBITDA Growth % | 27.54% | 31.07% | -244.14% | 77.38% | -392.57% | -382.51% | 83.51% | -773.98% | 67.88% | 91.25% | 29.93% | 100.86% | 70.88% | -577.42% | -584.23% | -3658.37% | -180.56% | 38.04% | -64.87% | -18.4% |
| D&A (Non-Cash Add-back) | 3.83M | 1.08M | 7.34M | 7.41M | 7.31M | 7.37M | 7.66M | 7.78M | 7.88M | 7.91M | 7.91M | 10.71M | 10.96M | 8.31M | 8.44M | 7.83M | 19.2M | 6.3M | 4.86M | 3.3M |
| EBIT | -6.23M | -6.43M | -12.06M | -10.03M | -10.62M | -13.92M | -8.96M | -19.25M | -8.48M | -11.33M | -15.83M | -9.41M | -13.01M | -26.95M | -19.71M | -207.75M | -26.5M | -9.3M | -2.45M | 2.37M |
| Net Interest Income | -5.87M | -3.33M | -3.33M | -3.39M | -3.38M | -3.58M | -3.91M | -3.81M | -3.93M | -4.02M | -3.96M | -3.77M | -3.69M | -3.1M | -3.07M | -2.42M | -2.37M | -1.86M | -132K | -54K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.87M | 3.33M | 3.33M | 3.39M | 3.38M | 3.58M | 3.91M | 3.81M | 3.93M | 4.02M | 3.96M | 3.77M | 3.69M | 3.1M | 3.07M | 2.42M | 2.37M | 1.86M | 132K | 54K |
| Other Income/Expense | -8.48M | -236.57M | -4.2M | -6.93M | -3.68M | -2.39M | -4.39M | -3.73M | -3.85M | -5.83M | -3.56M | -4.19M | -3.65M | -3.37M | -2.46M | -1.97M | -2.47M | -2.15M | -173K | -11K |
| Pretax Income | -14.72M | -243M | -16.27M | -16.96M | -14.3M | -17.51M | -13.43M | -23.06M | -12.41M | -15.35M | -19.8M | -13.18M | -16.7M | -30.04M | -22.78M | -210.17M | -28.86M | -11.16M | -2.58M | 2.32M |
| Pretax Margin % | -51.6% | -967.25% | -55.42% | -43.21% | -35.29% | -46.92% | -30.51% | -42.09% | -22.91% | -32.52% | -36.54% | -20.91% | -26.86% | -48.88% | -30.72% | -215.54% | -25.92% | -10.11% | -2.08% | 1.73% |
| Income Tax | -108K | -849K | 125K | -98K | 82K | 4K | -279K | 390K | 196K | -131K | 89K | -318K | 147K | 5.23M | 759K | -6.86M | -5.57M | -112K | -19.84M | 63K |
| Effective Tax Rate % | 0.73% | 0.35% | -0.77% | 0.58% | -0.57% | -0.02% | 2.08% | -1.69% | -1.58% | 0.85% | -0.45% | 2.41% | -0.88% | -17.4% | -3.33% | 3.26% | 19.29% | 1% | 769.45% | 2.72% |
| Net Income | -14.61M | -242.15M | -16.39M | -16.86M | -14.38M | -17.51M | -13.15M | -23.45M | -12.61M | -15.21M | -19.88M | -12.87M | -16.85M | -35.27M | -23.54M | -203.31M | -23.3M | -11.05M | 17.27M | 2.26M |
| Net Margin % | -51.22% | -963.87% | -55.84% | -42.96% | -35.49% | -46.93% | -29.87% | -42.8% | -23.27% | -32.25% | -36.71% | -20.4% | -27.1% | -57.38% | -31.74% | -208.51% | -20.92% | -10% | 13.94% | 1.69% |
| Net Income Growth % | -1.57% | -1282.71% | -24.68% | 28.1% | -14.09% | -15.1% | 33.89% | -82.28% | 25.17% | 56.86% | 15.53% | 93.67% | 27.67% | -219.28% | -236.34% | -9108.06% | -571.58% | -17.54% | 551.26% | -12.08% |
| Net Income (Continuing) | -14.61M | -242.15M | -16.39M | -16.86M | -14.38M | -17.51M | -13.15M | -23.45M | -12.61M | -15.21M | -19.88M | -12.87M | -16.85M | -35.27M | -23.54M | -203.31M | -23.3M | -11.05M | 17.27M | 2.26M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -3.07 | -51.89 | -3.51 | -3.63 | -3.12 | -3.80 | -2.86 | -5.10 | -2.75 | -3.33 | -4.36 | -2.83 | -3.72 | -7.81 | -5.22 | -45.27 | -5.21 | -2.49 | 3.73 | 0.54 |
| EPS Growth % | 1.6% | -1265.53% | -22.73% | 28.82% | -13.45% | -14.11% | 34.4% | -80.03% | 26.12% | 57.35% | 16.48% | 93.74% | 28.55% | -213.97% | -239.96% | -8533.46% | -511.23% | 16.75% | 525.51% | -40.8% |
| EPS (Basic) | -3.07 | -51.89 | -3.51 | -3.63 | -3.12 | -3.80 | -2.86 | -5.10 | -2.75 | -3.33 | -4.36 | -2.83 | -3.72 | -7.81 | -5.22 | -45.27 | -5.21 | -2.49 | 3.95 | 0.60 |
| Diluted Shares Outstanding | 4.76M | 4.67M | 4.66M | 4.65M | 4.61M | 4.61M | 4.6M | 4.6M | 4.58M | 4.57M | 4.56M | 4.54M | 4.53M | 4.52M | 4.51M | 4.49M | 4.47M | 4.44M | 4.63M | 4.2M |
| Basic Shares Outstanding | 4.76M | 4.67M | 4.66M | 4.65M | 4.61M | 4.61M | 4.6M | 4.6M | 4.58M | 4.57M | 4.56M | 4.54M | 4.53M | 4.52M | 4.51M | 4.49M | 4.47M | 4.44M | 4.38M | 3.79M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |