Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
HYDROFARM HOLDINGS GROUP, INC. reported the fourth quarter and fiscal year ended December 31, 2025 results: revenue $25.1 million, net income $242.2 million, EPS $(51.89) per diluted share.
- Period
- the fourth quarter and fiscal year ended December 31, 2025
- Revenue
- $25.1 million
- Net income
- $242.2 million
- EPS
- $(51.89) per diluted share
- Result
- reported results
Exact text from the filing
Net sales in the fourth quarter of 2025 decreased 32.7% to $25.1 million compared to $37.3 million in the prior year period. This was primarily due to a 27.3% decline in volume/mix of products sold primarily related to industry oversupply, and a 5.6% decrease in price. Gross Profit increased to $2.1 million, or 8.5% of net sales, compared to $1.8 million, or 4.9% of net sales, in the prior year period. Adjusted Gross Profit (1) increased to $3.9 million, or 15.4% of net sales, compared to $3.6 million, or 9.6% of net sales, in the prior year period. Gross Profit, Adjusted Gross Profit (1) , Gross Profit Margin, and Adjusted Gross Profit Margin (1) improved as a result of higher sales of proprietary brands and improved productivity. These increases more than offset the impact of lower net sales. Selling, general and administrative (“SG&A”) expense was $9.6 million, compared to $17.0 million in the prior year period, and Adjusted SG&A (1) expense was $8.8 million compared to $10.8 millio
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