Every 10-Q that Hydrofarm Holdings Group, Inc. (HYFM) 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 HYFM 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 HYFM filings page.
Hydrofarm Holdings Group, Inc. reported continued operating losses and acute balance sheet stress for the quarter ended June 30, 2026. Net sales were $23.2 million, down sharply from $39.2 million a year earlier, with a quarterly net loss of $10.6 million and a six‑month loss of $25.2 million. Gross profit for the first half was $4.5 million against $20.6 million of SG&A, reflecting a structurally low margin profile.
Total assets were $101.6 million versus total liabilities of $190.6 million, leaving a stockholders’ deficit of $89.0 million. Cash, cash equivalents and restricted cash were $6.6 million, while the working capital deficit reached $108.1 million. The company carries a senior secured Term Loan of $114.4 million that is now fully classified as current after Hydrofarm deferred a February 2026 interest payment, triggering an event of default; interest is accruing at a higher default rate under a forbearance arrangement extended through August 31, 2026.
Management concluded that recurring losses, negative cash flows, near‑term debt obligations, and Nasdaq noncompliance with both minimum equity and bid‑price rules raise substantial doubt about Hydrofarm’s ability to continue as a going concern. To address liquidity, the company is executing a 2025 restructuring plan, incurring $5.9 million in related charges year‑to‑date, and, after quarter‑end, agreed to sell Aurora Peat Products ULC for $16 million, with net proceeds earmarked to reduce Term Loan principal and interest.
Hydrofarm Holdings Group, Inc. (HYFM) reported lower Q3 2025 results as industry pressures persisted. Net sales were $29,350 versus $44,009 a year ago, with gross profit of $3,409. The company posted a net loss of $16,390 (basic and diluted loss per share $3.51) compared with a net loss of $13,146 last year.
Year to date, net sales were $109,129 and net loss was $47,636. Cash and cash equivalents were $10,652 at quarter end, and total debt stood at $111,780. Stockholders’ equity was $178,282. Inventories declined to $38,338, reflecting portfolio and footprint actions.
The company executed a 1-for-10 reverse stock split effective February 12, 2025, and all per-share figures are split-adjusted. Hydrofarm continued restructuring to streamline operations, recording $895 of Q3 charges and $4,216 for the nine months, primarily inventory write-downs and facility actions. Operating cash flow for the nine months used $10,084, and interest expense in Q3 was $3,331.
Hydrofarm Holdings Group, Inc. reported continued revenue contraction and operating losses for the quarter. Net sales were $39.2 million for the three months ended June 30, 2025 (down 28.4% year-over-year) and $79.8 million for the six months ended June 30, 2025 (down 26.8% year-over-year). Gross profit fell to $2.8 million for the quarter and $9.7 million year-to-date. Net loss was $(16.9) million for the quarter and $(31.2) million for the six months; basic loss per share was $(3.63) and $(6.75), respectively.
The company completed a 1-for-10 reverse stock split effective February 12, 2025, and executed the 2024 IGE asset sale with proceeds that were partially reinvested and used to prepay the Term Loan. Management initiated a 2025 restructuring (Q2 charges of $3.3 million) to reduce product portfolio and footprint and expects annual cost savings in excess of $3.0 million; cash declined to $11.0 million from $26.1 million at year-end. Term Loan principal remains material at ~$111.6 million (net of discounts).