---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-021937"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:08:11.033733+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q2 net loss $203.3M; revenue down 27%; reiterates lowered outlook

## Summary
- Net sales fell 27% to $97.5M from $133.8M; volume down ~30% on hydroponic industry recession.
- GAAP net loss of $(203.3)M ($(4.53)/share) includes $189.6M goodwill impairment and $10.2M inventory reserve.
- Adjusted net loss of $(8.4)M ($(0.19)/share) vs adjusted net income of $12.9M ($0.31) a year ago.
- Adjusted EBITDA negative $(6.8)M, down from $16.2M; FY2022 outlook reaffirmed: sales $330–$347M, Adj. EBITDA $(25)–$(16)M.
- Cash and restricted cash $27.4M, total debt $126.7M, $70M revolver available; net debt reduced $14.1M in Q2.

## SEC filing metadata
- accession: 0001628280-22-021937
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2022-08-09T23:59:59+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/1695295/000162828022021937/0001628280-22-021937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828022021937/hyfm-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-021937
- JSON: https://secwatch.observer/filing/0001628280-22-021937.json
- Plain text: https://secwatch.observer/filing/0001628280-22-021937.txt

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