HDSNNasdaqWholesale-Machinery, Equipment & SuppliesFiscal year ends December 31
HUDSON TECHNOLOGIES INC /NY
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$5.14+0.13 (+2.59%)
Close on Oct 19, 2026
- Market cap
- $216.78M
- P/E (TTM)
- 24.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
25.2%+1.2 pts over 5 years
Operating margin
7.5%+3.5 pts over 5 years
Net margin
6.8%+10.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.0% | -8.8% | +10.8% | +12.0% | |
| Gross profit | -5.5% | -27.5% | +11.9% | +12.9% | |
| Operating income | -36.7% | -47.9% | +25.7% | +8.5% | |
| Net income | -31.7% | -45.6% | – | +13.3% | |
| EPS, diluted | -28.8% | -44.8% | – | +10.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 13.2% | -12.1% | 6.8% | |
| Return on assets | 10.3% | -3.0% | 5.4% | |
| Current ratio | 10.50 | 1.65 | 3.26 | |
| Debt to equity | 0.00 | 2.15 | – | |
| Net debt to EBITDA | -1.62× | 9.40× | – | |
| Interest coverage | 16.9× | 0.5× | – | |
| Inventory turnover | 1.1× | 2.2× | 1.6× | |
| Capex to revenue | 1.6% | 1.0% | 2.0% | |
| Diluted shares | 35M | 43M | 45M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hudson Technologies generated $217.56M from operations and spent $47.67M on capital expenditure, dividends and share buybacks. 41% of that went back into the business.
Generated
$217.56M
Used
$47.67M
Capital expenditure$19.51M41%Dividends$00%Share buybacks$28.16M59%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.8%
×Asset turnover0.79×
×Equity multiplier1.27×
=Return on equity, FY20256.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.8% | 0.79× | 1.27× | 6.8% |
| FY2024 | 10.3% | 0.79× | 1.26× | 10.3% |
| FY2023 | 18.1% | 1.02× | 1.41× | 25.9% |
| FY2022 | 31.9% | 1.33× | 1.99× | 84.5% |
| FY2021 | 16.7% | 1.02× | 3.38× | 57.8% |
| FY2020 | -3.5% | 0.86× | 3.99× | -12.1% |
| FY2019 | -16.0% | 0.79× | 3.57× | -45.4% |
| FY2018 | -33.4% | 0.61× | 2.85× | -57.8% |
| FY2017 | 7.9% | 0.63× | 1.89× | 9.5% |
| FY2016 | 10.1% | 1.02× | 1.29× | 13.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$16.67M
- Cash generatingOperating cash flow above zero-$3.16M
- Return on assets improvedROA up on the prior year8.2% → 5.5%
- Earnings backed by cashOperating cash flow above net income-$3.16M vs $16.67M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.09 → 3.26
- No dilutionShare count did not rise47M → 45M
- Gross margin improvedGross margin up on the prior year27.71% → 25.18%
- More efficientAsset turnover rose0.80 → 0.81