HYFMNasdaqWholesale-Miscellaneous Nondurable GoodsFiscal year ends December 31
HYDROFARM HOLDINGS GROUP, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$0.80+0.02 (+3.18%)
Close on Oct 19, 2026
- Market cap
- $3.82M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
11.3%−7.3 pts over 5 years
Operating margin
-206.3%−207.5 pts over 5 years
Net margin
-215.9%−213.7 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 | -29.4% | -27.0% | -17.1% | – | |
| Gross profit | -52.7% | -19.7% | -24.9% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.6% | -361.3% | |
| Return on assets | – | – | -105.4% | |
| Current ratio | – | 4.11 | 0.37 | |
| Debt to equity | – | 0.00 | -1.77 | |
| Net debt to EBITDA | – | -6.86× | -0.42× | |
| Interest coverage | – | 0.4× | -20.6× | |
| Inventory turnover | – | – | 2.8× | |
| Capex to revenue | – | 0.4% | 0.8% | |
| Diluted shares | – | 2M | 5M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hydrofarm Holdings generated $88.48M from operations and spent $21.76M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$88.48M
Used
$21.76M
Capital expenditure$21.76M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-215.9%
×Asset turnover0.49×
×Equity multiplier3.43×
=Return on equity, FY2025-361.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -215.9% | 0.49× | 3.43× | -361.3% |
| FY2024 | -35.1% | 0.41× | 1.82× | -25.9% |
| FY2023 | -28.6% | 0.42× | 1.69× | -20.2% |
| FY2022 | -82.8% | 0.47× | 1.49× | -57.9% |
| FY2021 | 2.8% | 0.82× | 1.38× | 3.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$289.79M
- Cash generatingOperating cash flow above zero-$14.06M
- Return on assets improvedROA up on the prior year-13.1% → -68.0%
- Earnings backed by cashOperating cash flow above net income-$14.06M vs -$289.79M
- Less leverageLong-term debt to assets fell26.9% → 0.0%
- Better liquidityCurrent ratio rose2.72 → 0.37
- No dilutionShare count did not rise5M → 5M
- Gross margin improvedGross margin up on the prior year16.89% → 11.33%
- More efficientAsset turnover rose0.37 → 0.32