---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-010248"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T10:38:58.741013+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q4 net sales down 21% to $37.3M; net loss $17.5M; guides 2025 sales down 10-20%

## Summary
- Q4 net sales $37.3M (-20.9% YoY); Q4 net loss $17.5M ($3.80 diluted EPS) vs $15.2M loss prior year.
- Full-year 2024 net sales $190.3M (-16% YoY); net loss $66.7M; Adjusted EBITDA -$5.2M (vs +$0.3M prior year).
- Q4 gross margin 4.9% vs 17.9% prior year; hit by $1.4M inventory reserves; proprietary brand mix reached 56% in 2024.
- 2025 outlook: net sales down 10-20%, negative but improved Adjusted EBITDA & Free Cash Flow; capex under $2M.
- Cash $26.1M, $13M revolver availability; term loan $119.3M; compliance with debt covenants maintained.

## SEC filing metadata
- accession: 0001628280-25-010248
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000162828025010248/0001628280-25-010248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000162828025010248/hyfm-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-010248
- JSON: https://secwatch.observer/filing/0001628280-25-010248.json
- Plain text: https://secwatch.observer/filing/0001628280-25-010248.txt

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