Hudson Global Inc (HSON) reported $190.4M in revenue over the twelve months to Mar 31, 2026, up 37.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Sales growth turned balance-sheet intensive in FY2025, as working capital expansion absorbed cash faster than revenue recovered.
From FY2024 to FY2025, revenue rose22.9% , but accounts receivable plus inventory expanded by about$22.1M , tying the sales rebound to heavier funding needs rather than a leaner operating model. Cash then fell$6.7M as gross margin slipped to46.4% , showing the recovery was balance-sheet financed rather than self-funding.
FY2022 showed this company can convert profit to cash, but FY2023 through FY2025 reversed that pattern as net income and operating cash flow weakened together, ending at
Free cash flow reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Hudson Global Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Hudson Global Inc has an operating margin of -2.1%, meaning the company loses $2 on every $100 of revenue. This results in a profitability score of 27/100. This is up from -2.7% the prior year.
Hudson Global Inc's revenue surged 22.9% year-over-year to $172.2M, reflecting rapid business expansion. This strong growth earns a score of 43/100.
Hudson Global Inc carries a low D/E ratio of 0.09, meaning only $0.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.
Hudson Global Inc's current ratio of 2.10 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
Hudson Global Inc's operations used $7.3M of cash, and capex of $1.7M added to the outflow, for a free cash flow shortfall of $9.0M. This results in a cash flow score of 22/100.
Hudson Global Inc posts a -10.1% return on equity (ROE), meaning it loses $10 for every $100 of shareholders' equity. This results in a returns score of 23/100. This is up from -11.8% the prior year.
Hudson Global Inc scores -3.19, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($34.6M) relative to total liabilities ($47.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Hudson Global Inc passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Hudson Global Inc reported a net loss of $6.7M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Hudson Global Inc generated $172.2M in revenue in fiscal year 2025. This represents an increase of 22.9% from the prior year.
Hudson Global Inc's EBITDA was -$1.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 34.2% from the prior year.
Hudson Global Inc reported -$6.7M in net income in fiscal year 2025. This represents a decrease of 39.6% from the prior year.
Hudson Global Inc earned -$1.85 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 16.4% from the prior year.
Cash & Balance Sheet
Hudson Global Inc recorded an outflow of $9.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 219.4% from the prior year.
Hudson Global Inc held $10.3M in cash against $6.1M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Hudson Global Inc's gross margin was 46.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.7 percentage points from the prior year.
Hudson Global Inc's operating margin was -2.1% in fiscal year 2025, reflecting core business profitability. This is up 0.6 percentage points from the prior year.
Hudson Global Inc's net profit margin was -3.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.5 percentage points from the prior year.
Hudson Global Inc's ROE was -10.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.7 percentage points from the prior year.
Capital Allocation
Hudson Global Inc spent $2.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 4.9% from the prior year.
Hudson Global Inc invested $1.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 9361.1% from the prior year.
Not reported for fiscal year 2025.
HSON Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $50.1M-11.9% | $56.8M+18.4% | $48.0M+34.9% | $35.5M+11.5% | $31.9M-5.2% | $33.6M-8.8% | $36.9M+3.2% | $35.7M |
| Cost of Revenue | $29.5M | N/A | $27.3M | N/A | $15.5M | N/A | $18.3M | N/A |
| Gross Profit | $20.6M | N/A | $20.6M | N/A | $16.4M | N/A | $18.6M | N/A |
| SG&A Expenses | $4.6M-1.5% | $4.7M-3.2% | $4.8M+72.5% | $2.8M+8.9% | $2.6M+1.0% | $2.5M-10.1% | $2.8M+17.0% | $2.4M |
| Operating Income | -$4.0M-3583.5% | -$109K+93.4% | -$1.6M-679.1% | -$211K+87.8% | -$1.7M-1279.2% | -$125K+72.6% | -$457K-144.4% | -$187K |
| Interest Expense | $29K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$266K-118.5% | $1.4M+476.3% | $249K-27.8% | $345K+978.1% | $32K-96.2% | $837K+180.9% | $298K+17.8% | $253K |
| Net Income | -$3.8M-54.9% | -$2.4M-38.8% | -$1.8M-156.4% | -$688K+60.8% | -$1.8M-200.1% | -$585K+30.8% | -$846K-91.8% | -$441K |
| EPS (Diluted) | -$1.01 | N/A | -$0.54-134.8% | -$0.23+61.0% | -$0.59 | N/A | -$0.28-86.7% | -$0.15 |
Not reported in any period shown, so not listed: R&D Expenses.
HSON Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $108.5M-4.2% | $113.2M-3.3% | $117.1M+110.8% | $55.6M-50.9% | $113.2M+115.3% | $52.6M0.0% | $52.6M0.0% | $52.6M |
| Current Assets | $58.1M-7.1% | $62.5M-7.9% | $67.8M+56.7% | $43.3M+5.1% | $41.2M+2.7% | $40.1M-6.7% | $43.0M+2.4% | $42.0M |
| Cash & Equivalents | $8.1M-21.2% | $10.3M-33.2% | $15.4M-8.7% | $16.8M+1.7% | $16.6M-2.7% | $17.0M+7.4% | $15.8M+8.0% | $14.7M |
| Inventory | $7.1M+1.2% | $7.0M-9.8% | $7.7M | N/A | N/A | $0 | N/A | N/A |
| Accounts Receivable | $32.8M-6.8% | $35.2M-2.8% | $36.2M+53.9% | $23.5M-33.1% | $35.2M+75.3% | $20.1M0.0% | $20.1M0.0% | $20.1M |
| Goodwill | $5.9M-0.5% | $5.9M-0.4% | $6.0M+3.6% | $5.8M+0.8% | $5.7M+0.2% | $5.7M-1.2% | $5.8M+0.8% | $5.7M |
| Total Liabilities | $47.5M0.0% | $47.5M-3.7% | $49.4M+219.6% | $15.4M-79.1% | $73.8M+506.8% | $12.2M-14.5% | $14.2M+4.8% | $13.6M |
| Current Liabilities | $27.8M-6.9% | $29.8M-9.1% | $32.8M+130.1% | $14.3M+11.5% | $12.8M+13.9% | $11.2M-14.6% | $13.1M+3.2% | $12.7M |
| Long-Term Debt | $5.6M-7.7% | $6.1M-7.1% | $6.5M | N/A | N/A | $0 | N/A | N/A |
| Total Equity | $61.0M-7.2% | $65.7M-3.0% | $67.8M+68.9% | $40.1M+1.7% | $39.5M-2.4% | $40.4M-5.9% | $42.9M+0.9% | $42.6M |
| Retained Earnings | -$439.7M-0.9% | -$435.9M-0.4% | -$434.2M-0.4% | -$432.5M-0.2% | -$431.8M-0.4% | -$430.0M-0.1% | -$429.4M-0.2% | -$428.6M |
HSON Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M+63.8% | -$3.9M-40.8% | -$2.7M-2069.8% | $139K+117.3% | -$802K-139.7% | $2.0M+61.5% | $1.3M+129.3% | -$4.3M |
| Capital Expenditures | $1.3M+23.6% | $1.0M+69.9% | $615K+1562.2% | $37K+516.7% | $6K+50.0% | -$4K+300.0% | -$1K-92.9% | $14K |
| Free Cash Flow | -$2.7M+45.1% | -$4.9M-46.1% | -$3.4M-3387.3% | $102K+112.6% | -$808K-140.1% | $2.0M+61.3% | $1.3M+129.2% | -$4.3M |
| Investing Cash Flow | $1.9M+219.4% | -$1.6M-125.5% | $6.2M+16840.5% | -$37K-516.7% | -$6K-250.0% | $4K+300.0% | $1K+107.1% | -$14K |
| Financing Cash Flow | -$3.5M-637.4% | $652K+125.3% | -$2.6M-11113.0% | -$23K-187.5% | -$8K+93.5% | -$123K+69.2% | -$399K+73.1% | -$1.5M |
| Share Buybacks | $712K+978.8% | $66K-97.4% | $2.6M | $0 | $0 | $0-100.0% | $393K-72.8% | $1.4M |
Not reported in any period shown, so not listed: Dividends Paid.
HSON Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.1% | N/A | 43.0% | N/A | 51.5% | N/A | 50.5% | N/A |
| Operating Margin | -8.0%-7.8pp | -0.2%+3.2pp | -3.4%-2.8pp | -0.6%+4.8pp | -5.4%-5.0pp | -0.4%+0.9pp | -1.2%-0.7pp | -0.5% |
| Net Margin | -7.6%-3.3pp | -4.3%-0.6pp | -3.7%-1.7pp | -1.9%+3.6pp | -5.5%-3.8pp | -1.7%+0.6pp | -2.3%-1.1pp | -1.2% |
| Return on Equity | -6.2%-2.5pp | -3.7%-1.1pp | -2.6%-0.9pp | -1.7%+2.7pp | -4.5%-3.0pp | -1.4%+0.5pp | -2.0%-0.9pp | -1.0% |
| Return on Assets | -3.5%-1.3pp | -2.2%-0.7pp | -1.5%-0.3pp | -1.2%+0.3pp | -1.6%-0.4pp | -1.1%+0.5pp | -1.6%-0.8pp | -0.8% |
| Current Ratio | 2.090.0x | 2.100.0x | 2.07-1.0x | 3.04-0.2x | 3.22-0.4x | 3.58+0.3x | 3.270.0x | 3.30 |
| Debt-to-Equity | 0.090.0x | 0.090.0x | 0.10-0.3x | 0.38-1.5x | 1.87+1.9x | 0.00-0.3x | 0.330.0x | 0.32 |
| FCF Margin | -5.4%+3.3pp | -8.6%-1.6pp | -7.0%-7.3pp | 0.3%+2.8pp | -2.5%-8.5pp | 6.0%+2.6pp | 3.4%+15.4pp | -12.0% |
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Where Hudson Global Inc Ranks
Frequently Asked Questions
What is Hudson Global Inc's annual revenue?
Hudson Global Inc (HSON) reported $172.2M in total revenue for fiscal year 2025. This represents a 22.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Hudson Global Inc's revenue growing?
Hudson Global Inc (HSON) revenue grew by 22.9% year-over-year, from $140.1M to $172.2M in fiscal year 2025.
Is Hudson Global Inc profitable?
No, Hudson Global Inc (HSON) reported a net income of -$6.7M in fiscal year 2025, with a net profit margin of -3.9%.
What is Hudson Global Inc's EBITDA?
Hudson Global Inc (HSON) had EBITDA of -$1.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Hudson Global Inc have?
As of fiscal year 2025, Hudson Global Inc (HSON) had $10.3M in cash and equivalents against $6.1M in long-term debt.
What is Hudson Global Inc's gross margin?
Hudson Global Inc (HSON) had a gross margin of 46.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Hudson Global Inc's operating margin?
Hudson Global Inc (HSON) had an operating margin of -2.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Hudson Global Inc's net profit margin?
Hudson Global Inc (HSON) had a net profit margin of -3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Hudson Global Inc's return on equity (ROE)?
Hudson Global Inc (HSON) has a return on equity of -10.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Hudson Global Inc's free cash flow?
Hudson Global Inc (HSON) recorded an outflow of $9.0M in free cash flow during fiscal year 2025. This represents a -219.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Hudson Global Inc's operating cash flow?
Hudson Global Inc (HSON) recorded an outflow of $7.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Hudson Global Inc's total assets?
Hudson Global Inc (HSON) had $113.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Hudson Global Inc's capital expenditures?
Hudson Global Inc (HSON) invested $1.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Hudson Global Inc's current ratio?
Hudson Global Inc (HSON) had a current ratio of 2.10 as of fiscal year 2025, which is generally considered healthy.
What is Hudson Global Inc's debt-to-equity ratio?
Hudson Global Inc (HSON) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hudson Global Inc's return on assets (ROA)?
Hudson Global Inc (HSON) had a return on assets of -5.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Hudson Global Inc's Altman Z-Score?
Hudson Global Inc (HSON) has an Altman Z-Score of -3.19, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Hudson Global Inc's Piotroski F-Score?
Hudson Global Inc (HSON) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hudson Global Inc's earnings high quality?
Hudson Global Inc (HSON) reported a net loss of $6.7M while operations used $7.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Hudson Global Inc?
Hudson Global Inc (HSON) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.