← HYDROFARM HOLDINGS GROUP, INC.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | $235.1m |
$342.2m
+45.55%
|
$479.4m
+40.10%
|
$344.5m
-28.14%
|
$226.6m
-34.23%
|
$190.3m
-16.02%
|
$134.3m
-29.45%
|
$122.2m
-8.95%
|
|
| Cost of goods sold | $208.0m |
$278.6m
+33.91%
|
$377.9m
+35.67%
|
$315.2m
-16.61%
|
$189.0m
-40.04%
|
$158.2m
-16.31%
|
$119.0m
-24.73%
|
$112.1m
-5.86%
|
|
| Gross profit | $27.1m |
$63.6m
+134.93%
|
$101.5m
+59.49%
|
$29.3m
-71.09%
|
$37.6m
+28.21%
|
$32.1m
-14.57%
|
$15.2m
-52.67%
|
$10.2m
-33.14%
|
|
| Selling, general and administrative | $43.8m | $58.5m | $103.9m | $118.6m | $87.3m | $72.8m | $59.9m | $52.7m | |
| Loss from operations | ($26.7m) |
$4.3m
+116.01%
|
($2.7m)
-163.05%
|
($281.6m)
-10333.35%
|
($49.7m)
+82.35%
|
($52.2m)
-4.99%
|
($276.9m)
-430.69%
|
— | |
| Interest expense | ($13.5m) | ($10.1m) | ($2.1m) | ($11.0m) | ($15.4m) | ($15.2m) | ($13.4m) | $15.9m | |
| Income tax benefit (expense) | $691k | ($576k) | $19.1m | $6.4m | $213k | ($869k) | $740k | — | |
| Net loss | ($40.1m) | ($7.3m) | $13.4m | ($285.4m) | ($64.8m) | ($66.7m) | ($289.8m) | — | |
| Basic (in dollars per share) | ($1.94) | ($0.34) | $0.34 | ($6.35) | ($1.42) | ($14.51) | ($62.35) | — | |
| Diluted (in dollars per share) | ($1.94) | ($0.34) | $0.31 | ($6.35) | ($1.42) | ($14.51) | ($62.35) | — | |
| Impairments | — | — | $0 | $192.3m | $0 | $0 | $232.2m | — | |
| Loss on asset disposition | — | — | — | — | $0 | $11.5m | $0 | — | |
| Other (expense) income, net | $105k | $70k | ($204k) | $841k | $118k | $1.6m | ($185k) | — | |
| Loss before tax | ($40.8m) | ($6.7m) | ($5.7m) | ($291.9m) | ($65.0m) | ($65.8m) | ($290.5m) | — |