---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-013591"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:48:12.424664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q1 net loss $23.3M; adjusted EPS -$0.17 vs +$0.18 YoY; updates FY2022 outlook

## Summary
- Net sales flat at $111.4M; gross profit fell to $16.6M (14.9% margin) from $23.2M (21.0%).
- Net loss ($23.3M), ($0.52) diluted loss per share vs net income $4.9M ($0.13) in Q1 2021.
- Adjusted EBITDA dropped to $3.1M from $9.9M; $3.2M inventory reserve recorded.
- FY2022 guidance: net sales $480M-$520M, adjusted EBITDA $46M-$54M (~10% of sales).
- Debt $124.7M, cash $12.2M, $99.7M available under revolving credit facility.

## SEC filing metadata
- accession: 0001628280-22-013591
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828022013591/0001628280-22-013591-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828022013591/hyfm-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-013591
- JSON: https://secwatch.observer/filing/0001628280-22-013591.json
- Plain text: https://secwatch.observer/filing/0001628280-22-013591.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.