HYDROFARM HOLDINGS GROUP, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $134.3M | $190.3M | $226.6M | $344.5M | $479.4M |
| Cost of revenue | $119.0M | $158.2M | $189.0M | $315.2M | $377.9M |
| Gross profit | $15.2M | $32.1M | $37.6M | $29.3M | $101.5M |
| Selling, general & administrative | $59.9M | $72.8M | $87.3M | $118.6M | $104.2M |
| Operating income | -$276.9M | -$52.2M | -$49.7M | -$281.6M | -$2.7M |
| Interest expense | $13.4M | $15.2M | $15.4M | $11.0M | $2.1M |
| Pretax income | -$290.5M | -$65.8M | -$65.0M | -$291.9M | -$5.7M |
| Income tax expense | -$740,000 | $869,000 | -$213,000 | -$6.4M | -$19.1M |
| Net income | -$289.8M | -$66.7M | -$64.8M | -$285.4M | $13.4M |
| Balance Sheet | |||||
| Cash and equivalents | $6.3M | $26.1M | $30.3M | $21.3M | $26.6M |
| Current assets | $51.4M | $95.2M | $128.1M | $154.9M | $269.4M |
| Total assets | $123.8M | $426.1M | $507.6M | $573.6M | $891.2M |
| Current liabilities | $140.0M | $35.0M | $37.7M | $41.6M | $88.4M |
| Total liabilities | $187.1M | $202.4M | $217.0M | $223.7M | $256.1M |
| Total debt | $114.5M | $119.4M | $122.7M | $123.9M | $125.4M |
| Stockholders' equity | -$63.3M | $223.7M | $290.6M | $349.9M | $635.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$14.1M | -$324,000 | $7.0M | $22.0M | -$45.1M |
| Depreciation and amortization | $23.1M | $30.7M | $32.1M | $41.5M | $14.9M |
| Stock-based compensation | $1.2M | $2.4M | $5.1M | $8.4M | $5.0M |
| Capital expenditure | $1.0M | $2.9M | $4.2M | $8.2M | $5.4M |
| Free cash flow | -$15.1M | -$3.2M | $2.8M | $13.8M | -$50.5M |
| Impairments | $232.2M | $0 | $0 | $192.3M | $0 |
Shares outstanding 4.8M · Free float 78.1%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.