Every 10-Q that Hudson Technologies Inc (HDSN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HDSN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HDSN filings page.
Hudson Technologies, Inc. reported higher sales but weaker profitability for the quarter and six months ended June 30, 2026. Q2 revenue rose 8% to $78.3 million (first-half $138.5 million, also up 8%), driven mainly by higher refrigerant volumes, partly offset by lower average selling prices.
Gross profit fell to $20.7 million with gross margin compressing to 26% from 31% in Q2 2025, reflecting lower refrigerant pricing and higher freight costs. Selling, general and administrative expenses increased to $12.4 million in Q2 (first-half $22.0 million), primarily from higher personnel, professional and IT costs. Net income declined to $4.9 million in Q2 and $5.3 million year-to-date, down from $10.2 million and $12.9 million, with effective tax rates also higher due to discrete items.
Operating cash flow swung to a $6.0 million outflow in the first half from $20.6 million inflow a year earlier, mainly due to working-capital movements, notably higher receivables. Cash was $25.6 million with working capital of $150.6 million, inventories of $128.1 million, no revolver borrowings and approximately $40 million of availability. The company highlighted continued customer concentration with the U.S. Defense Logistics Agency, which generated $15.8 million of first-half revenue, and noted it was re-awarded a new DLA contract running initially through August 4, 2031, with a five-year extension option.
Hudson Technologies reported quarterly revenue of $60.2 million, up 9% year over year, driven mainly by higher refrigerant volumes. Gross margin slipped to 20% from 22%, reflecting a less favorable mix of refrigerants sold.
Net income dropped to $0.3 million from $2.8 million, or $0.01 per diluted share versus $0.06 a year ago, as higher selling, general and administrative costs and lower gross margin more than offset revenue growth. Operating cash flow was a use of $12.8 million, largely due to working capital swings in receivables, inventories and payables.
Cash and equivalents fell to $19.4 million at March 31 2026, while inventories remained high at $130.7 million. The company had no outstanding borrowings and roughly $40 million of availability under its Wells Fargo revolver. Hudson continued executing its capital return program, repurchasing 416,480 shares for $2.5 million. It also highlighted regulatory drivers under the AIM Act and recent small acquisitions that expand its refrigerant distribution and reclamation footprint, while its follow-on DLA contract award remains under bid protest, with work continuing under the existing agreement through July 2026.
Hudson Technologies (HDSN) filed its Q3 2025 10‑Q. Revenue rose to $74.0 million from $61.9 million a year ago, driven by stronger product sales. Gross profit increased to $23.7 million, and operating income doubled to $14.0 million. Net income improved to $12.4 million (basic EPS $0.28, diluted $0.27) from $7.8 million.
For the nine months, revenue was $202.2 million versus $202.5 million last year, with net income of $25.3 million. Operating cash flow reached $29.4 million. Cash and equivalents increased to $89.7 million, and inventories were $97.4 million. Shareholders’ equity rose to $265.9 million.
The company repurchased 939,259 shares for $5.8 million year‑to‑date, including 135,606 shares in Q3 for $1.3 million. Hudson had approximately $40 million in revolver availability with no outstanding borrowings. The U.S. Defense Logistics Agency contributed $30.2 million of nine‑month revenue, and on October 22, 2025 Hudson was awarded a new five‑year IDIQ DLA contract with a five‑year renewal option. A $1.6 million earn‑out liability was reversed to other income in Q3.