Hydrofarm Holdings Group, Inc. (HYFM) — Financial statements
Income statement, balance sheet, and cash flow for Hydrofarm Holdings Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 134↓29.4% | 190↓16.0% | 227↓34.2% | 345↓28.1% | 479 | |
| Cost of Revenue | 119↓24.7% | 158↓16.3% | 189↓40.0% | 315↓16.6% | 378 | |
| Gross Profit | 15↓52.7% | 32↓14.6% | 38↑28.2% | 29↓71.1% | 101 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 60↓17.6% | 73↓16.6% | 87↓26.4% | 119↑13.8% | 104 | |
| Other Expenses | 0.00↓100.0% | 12 | 0.00↓100.0% | 192 | 0.00 | |
| Operating Expenses | 60↓28.9% | 84↓3.4% | 87↓71.9% | 311↑198.4% | 104 | |
| Total Costs & Expenses | 174↓28.3% | 242↓12.2% | 276↓55.9% | 626↑29.9% | 482 | |
| Operating Results | ||||||
| Operating Income | -40↑24.3% | -52↓5.0% | -50↑82.3% | -282↓10333.3% | -3 | |
| Depreciation & Amortization | 23↓24.6% | 31↓4.3% | 32↓22.8% | 42↑178.1% | 15 | |
| EBITDA | -16↑17.9% | -20↓13.8% | -18↑92.7% | -239↓2208.8% | 11 | |
| EBIT | -40↑21.9% | -51↓2.1% | -50↑82.3% | -281↓7739.8% | -4 | |
| Interest & Other Income | ||||||
| Net Interest Income | -13↑11.9% | -15↑1.3% | -15↓40.9% | -11↓412.5% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 13↓11.9% | 15↓1.3% | 15↑40.9% | 11↑412.5% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -2↓1230.5% | -0.12↑83.0% | -0.70↓178.7% | 0.88 | |
| Other Income / Expenses | -251↓1736.7% | -14↑10.8% | -15↓49.3% | -10↓239.6% | -3 | |
| Income Before Tax | -291↓341.2% | -66↓1.3% | -65↑77.7% | -292↓5001.5% | -6 | |
| Income Tax Expense | -0.74↓185.2% | 0.87↑508.0% | -0.21↑96.7% | -6↑66.3% | -19 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -290↓334.4% | -67↓2.9% | -65↑77.3% | -285↓2227.4% | 13 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -290↓334.4% | -67↓2.9% | -65↑77.3% | -285↓2227.4% | 13 | |
| Bottom-Line Net Income | -290↓334.4% | -67↓2.9% | -65↑77.3% | -285↓2227.4% | 13 | |
| EPS (Basic) | -62.15↓328.3% | -14.51↓1.9% | -14.24↑77.6% | -63.46↓1994.3% | 3.35 | |
| EPS (Diluted) | -62.15↓328.3% | -14.51↓1.9% | -14.24↑77.6% | -63.46↓2134.0% | 3.12 | |
| Weighted Average Shares | 5↑1.5% | 5↑1.1% | 5↑1.2% | 4↑12.5% | 4 | |
| Weighted Average Diluted Shares | 5↑1.5% | 5↑1.1% | 5↑1.2% | 4↑4.6% | 4 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.