---
schema_version: "secwatch.filing_event.v1"
accession: "0001695295-25-000014"
form_type: "8-K"
ticker: "HYFM"
cik: "0001695295"
company_name: "HYDROFARM HOLDINGS GROUP, INC."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:18:15.847698+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hydrofarm Q3 net sales down 33% to $29.4M; CEO Lindeman resigns, Toler returns Dec 1

## Summary
- Net sales fell 33.3% to $29.4M; net loss widened to $16.4M ($3.51 loss per share) from $13.1M.
- Adjusted EBITDA was -$4.4M vs. near zero in prior year; adjusted gross margin fell to 18.8% from 24.3%.
- CEO B. John Lindeman resigns effective Dec 1, 2025; Executive Chairman William Toler resumes CEO role.
- Company targets ~20% adjusted gross profit margin for FY2025; expects $2M incremental annual savings from facility consolidation.
- Cash used in operations improved $4.4M YoY; free cash flow improved $5.1M; inventory reductions on track.

## SEC filing metadata
- accession: 0001695295-25-000014
- form_type: 8-K
- ticker: HYFM
- cik: 0001695295
- company_name: HYDROFARM HOLDINGS GROUP, INC.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695295/000169529525000014/0001695295-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695295/000169529525000014/hyfm-20251112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001695295-25-000014
- JSON: https://secwatch.observer/filing/0001695295-25-000014.json
- Plain text: https://secwatch.observer/filing/0001695295-25-000014.txt

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