Hydrofarm Holdings Group, Inc.
HYFMInsider Trading
View AllHydrofarm Holdings Group, Inc. is a leading manufacturer and distributor of specialized equipment and supplies for controlled environment agriculture (CEA) across the United States and Canada. The company empowers cultivators to grow a wide array of plants, including cannabis, various flowers, fruits, vegetables, grains, and herbs, by providing essential tools for optimized indoor settings. Its comprehensive product portfolio encompasses agricultural lighting fixtures, advanced indoor climate control machinery, hydroponic systems, and a diverse range of nutrients and plant additives. Specific offerings include sophisticated grow light systems; heating, ventilation, and air conditioning (HVAC) units; humidity and carbon dioxide sensors and regulators; water pumps, heaters, chillers, and filtration units; and precision nutrient and fertilizer delivery systems. Hydrofarm also supplies various growing media, from traditional soil to rock wool and coconut fiber. Furthermore, the company delivers complete hydroponics solutions, featuring hydro systems, trays, components, meters, solutions, pumps, irrigation setups, water purification systems, pots, containers, and specialized tents and tarps. Its atmospheric control solutions include controllers, monitors, timers, ventilation and air conditioning units, air purification devices, and CO2 management systems. Hydrofarm's extensive lineup is offered under a multitude of recognized brands, including 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. Established in 1977, Hydrofarm Holdings Group, Inc. maintains its corporate headquarters in Shoemakersville, Pennsylvania.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $190.29M | $226.58M | $344.50M | $479.42M | $342.20M | $235.11M | $211.81M | $202.03M |
| Cost of Revenue | $158.16M | $188.97M | $315.17M | $377.93M | $278.57M | $208.03M | $187.74M | $172.78M |
| Gross Profit | $32.13M | $37.61M | $29.34M | $101.49M | $63.63M | $27.09M | $24.07M | $29.25M |
| Gross Margin | 16.89% | 16.60% | 8.52% | 21.17% | 18.59% | 11.52% | 11.36% | 14.48% |
| Operating Expenses | $84.31M | $87.31M | $310.93M | $104.19M | $59.35M | $53.82M | $49.40M | $34.95M |
| Operating Income | $-52.18M | $-49.70M | $-281.60M | $-2.70M | $4.28M | $-26.73M | $-25.33M | $-5.70M |
| Operating Margin | -27.42% | -21.94% | -81.74% | -0.56% | 1.25% | -11.37% | -11.96% | -2.82% |
| Net Income | $-66.72M | $-64.81M | $-285.42M | $13.42M | $-7.27M | $-40.08M | $-32.89M | $-82.77M |
| Net Margin | -35.06% | -28.60% | -82.85% | 2.80% | -2.13% | -17.05% | -15.53% | -40.97% |
| EPS (Basic) | $-14.51 | $-14.24 | $-63.46 | $3.35 | $-2.95 | $-12.14 | $-4.72 | $-6.48 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |