Every 10-Q that HF Foods Group Inc. (HFFG) 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 HFFG 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 HFFG filings page.
HF Foods Group Inc. reported higher sales and a return to profitability for the quarter and six months ended June 30, 2026. Net revenue for the quarter rose to $323.8 million from $314.9 million, while net income attributable to HF Foods increased to $2.6 million (EPS $0.05) from $1.2 million. For the first half of 2026, net revenue reached $635.8 million and the company generated net income of $3.8 million, compared with a loss of $0.4 million a year earlier, helped by an employee retention credit, a $1.4 million gain on a Utah property sale, and an IEEPA tariff refund.
Gross margin compressed to 16.6% for the first half amid higher tariffs, though distribution, selling and administrative costs fell slightly as a percentage of revenue. Operating cash flow strengthened to $14.0 million, cash increased to $18.1 million, and the company had access to about $39.7 million under its revolving credit facility in addition to $77.1 million outstanding on the line of credit and $100.6 million of term debt.
Subsequent to quarter-end, HF Foods agreed to acquire 100% of Searay Foods Inc. and Morgan Foods Inc. for an aggregate base price of CAD$47.9 million (about US$35 million), payable in cash and 1,701,871 HF Foods shares, marking its first expansion into Canada. The company also upsized its asset-based revolver to $140.0 million and its term loans to $125.0 million. Management is executing a multi-year transformation program in centralized purchasing, fleet, digital systems and facilities. However, the company reports that disclosure controls and procedures were not effective as of June 30, 2026 due to material weaknesses in internal control over financial reporting.
HF Foods Group Inc. reported stronger results for the quarter ended March 31, 2026, moving back to profitability. Net revenue rose to $312.0 million from $298.4 million, helped mainly by higher seafood and commodity sales. Gross profit was roughly flat at $50.5 million, but gross margin slipped to 16.2% from 17.1% as mix shifted toward lower-margin products and landed costs increased.
Net income attributable to HF Foods improved to $1.2 million, or $0.02 per diluted share, compared with a $1.6 million loss and $(0.03) per share a year earlier. The swing was driven by a $1.4 million gain on the sale of a Utah property and a favorable shift in the fair value of interest rate swaps. Adjusted EBITDA edged up to $10.1 million.
HF Foods ended the quarter with $11.1 million in cash, total debt of $100.7 million and $61.8 million drawn on its $125.0 million revolving line of credit, leaving about $55.2 million of additional availability, subject to the borrowing base. The company issued 155,000 shares via its at-the-market program for $0.3 million and increased its stake in subsidiary Min Food to 79.24%. Management continues a multi-year operational transformation but still reports material weaknesses in internal control over financial reporting.
HF Foods Group Inc. reported quarterly results for the period ended September 30, 2025. Total net revenue was $306,978,000, up slightly year over year, with gross profit of $50,409,000 and income from operations of $1,120,000. The company recorded a net loss attributable to HF Foods of $1,116,000, or ($0.02) per diluted share, an improvement from the prior-year loss.
Year-to-date operating cash flow was $4,483,000. Cash was $12,328,000, inventories rose to $135,496,000, and total debt (carrying value) was $107,264,000. The revolving credit facility was increased to $125.0 million; as of quarter-end, $67.2 million was drawn and $8.0 million in letters of credit were outstanding, leaving about $49.8 million available, subject to the borrowing base. The company entered a $100,000,000 at-the-market equity program on September 25, 2025 and made no sales under it. Subsequent events included the CFO’s separation with severance terms and an agreement to sell a Utah warehouse for $4.6 million, expected to close in the fourth quarter.
HF Foods Group Inc. reported improving operating results for the quarter ended June 30, 2025 with consolidated net revenue of $314.9 million, up 4.1% from $302.3 million a year earlier, and six-month revenue of $613.3 million (up 2.6%). Gross profit rose to $55.1 million for the quarter and operating income was $4.1 million, driven by volume and pricing gains in Seafood and Meat & Poultry and modest margin expansion.
Adjusted EBITDA strengthened to $13.8 million for the quarter and $23.6 million for six months, while net income attributable to HF Foods was $1.2 million for the quarter and a $1.0 million net loss for the six months. Liquidity comprised $15.7 million cash and access to about $57.8 million of additional funds under an expanded $125.0 million revolving facility; outstanding line borrowings were $60.8 million. Principal debt totaled $106.2 million with long-term carrying value of $100.6 million. The company continues a multi-pronged transformation plan and completed construction on a Manhattan property with $7.2 million capitalized costs, while earlier goodwill impairment of $46.3 million (recorded in 2024) and an accumulated deficit of $357.6 million remain on the balance sheet.