Hydrofarm Q2 2026 net sales down 41% to $23.2M; net loss narrows to $10.6M

HYDROFARM HOLDINGS GROUP, INC.

Net sales $23.2M, down 40.9% YoY from $39.2M; net loss $10.6M vs $16.9M, EPS -$2.23 vs -$3.63.
Adjusted EBITDA improved to -$1.7M from -$2.3M; adjusted gross margin up to 20.0% from 19.2%.
Sold Aurora Peat Products for $16M (incl. $5M note) on July 31, 2026; proceeds cut Term Loan debt.
Deferred $2.8M interest payment caused Term Loan default; forbearance extended to Aug 31, 2026.
Cash $6.2M; Term Loan principal $114.4M; 16th straight quarter of YoY SG&A reductions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.