HYFM Stock - Hydrofarm Holdings Group, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $190.29M | $226.58M | $344.50M | $479.42M | $342.20M |
| Gross Profit | $32.13M | $37.61M | $29.34M | $101.49M | $63.63M |
| Gross Margin | 16.9% | 16.6% | 8.5% | 21.2% | 18.6% |
| Operating Income | $-52,181,000 | $-49,702,000 | $-281,596,000 | $-2,699,000 | $4.28M |
| Net Income | $-66,717,000 | $-64,813,000 | $-285,415,000 | $13.42M | $-7,273,000 |
| Net Margin | -35.1% | -28.6% | -82.8% | 2.8% | -2.1% |
| EPS | $-14.51 | $-14.24 | $-63.46 | $3.35 | $-2.95 |
Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| May 4th 2023 | Truist | Downgrade | Hold | - |
| August 3rd 2022 | JP Morgan | Downgrade | Neutral | - |
| May 11th 2022 | Stifel | Downgrade | Hold | $8← $13 |
| May 11th 2022 | UBS | Downgrade | Neutral | $8← $26 |
Earnings History & Surprises
HYFMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Mar 4, 2026 | $-3.40 | — | — | — |
Q4 2025 | Nov 12, 2025 | $-3.09 | $-3.51 | -13.6% | ✗ MISS |
Q3 2025 | Aug 12, 2025 | $-2.39 | $-3.63 | -51.9% | ✗ MISS |
Q2 2025 | May 13, 2025 | $-2.50 | $-3.12 | -24.8% | ✗ MISS |
Q1 2025 | Mar 5, 2025 | $-2.80 | $-3.80 | -35.7% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $-2.30 | $-2.60 | -13.0% | ✗ MISS |
Q3 2024 | Aug 8, 2024 | $-2.30 | $-2.80 | -21.7% | ✗ MISS |
Q2 2024 | May 14, 2024 | $-2.70 | $-2.60 | +3.7% | ✓ BEAT |
Q1 2024 | Feb 29, 2024 | $-2.00 | $-2.70 | -35.0% | ✗ MISS |
Q4 2023 | Nov 9, 2023 | $-1.60 | $-2.50 | -56.2% | ✗ MISS |
Q3 2023 | Aug 9, 2023 | $-2.10 | $-2.10 | 0.0% | = MET |
Q2 2023 | May 10, 2023 | $-3.30 | $-3.10 | +6.1% | ✓ BEAT |
Q1 2023 | Mar 9, 2023 | $-4.60 | $-4.50 | +2.2% | ✓ BEAT |
Q4 2022 | Nov 9, 2022 | $-4.40 | $-3.30 | +25.0% | ✓ BEAT |
Q3 2022 | Aug 9, 2022 | $-3.90 | $-1.90 | +51.3% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $-0.70 | $-1.70 | -142.9% | ✗ MISS |
Q1 2022 | Mar 1, 2022 | $0.50 | $-0.50 | -200.0% | ✗ MISS |
Q4 2021 | Nov 11, 2021 | $2.50 | $1.70 | -32.0% | ✗ MISS |
Q3 2021 | Aug 12, 2021 | $1.90 | $3.00 | +57.9% | ✓ BEAT |
Latest News
Hydrofarm Holdings Group To Issue Up To $50M In Securities
➖ NeutralHydrofarm Holdings Group Files Prospectus Allowing Co. To Offer Up To $50M Of Combination Of Securities
➖ NeutralHydrofarm Holdings Group Q3 EPS $(3.51) Misses $(3.09) Estimate, Sales $29.350M Miss $35.729M Estimate
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