Filing Flows › Hudson Technologies (HDSN) › Q2 2025
Hudson Technologies (HDSN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Hudson Technologies (HDSN) reported revenue of $72.8M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +32% from the quarter before. Operating margin was 17.5%, net earnings $10.2M (14.0% of revenue).
Hudson Technologies, Q2 2025: revenue $72.8M (-3% year over year), operating margin 17.5%, net earnings $10.2M, operating cash flow $6.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.8M | +32% | -3% |
| Gross profit | $22.8M | +89% | +1% |
| Operating profit | $12.7M | +314% | -0.6% |
| Net earnings | $10.2M | +269% | +6% |
| Operating cash flow | $6.4M | -55% | -85% |
| Free cash flow | $5.9M | -53% | -85% |
What changed
Revenue was $72.8M in Q2 2025, down 3% year over year and up 32% from the previous quarter. Product was the largest line at 97% of revenue. Product lost $2.5M year over year (down 3%), 102% of the total change.
Gross margin was 31.3%, up 1.3 points from a year earlier. Operating profit was $12.7M, a 17.5% margin (up 0.5 points year over year). Operating expenses grew 3% against a revenue fall of 3%. Net earnings were $10.2M, up 6% year over year. The effective tax rate was 24.0%.
Operating cash flow was $6.4M (down 85% year over year), 63% of net earnings. Non-cash charges added back $728K of depreciation and amortization and $493K of share-based compensation. Working capital and other items used $5.0M. Capital expenditures of $464K left free cash flow of $5.9M.
Questions
What was Hudson Technologies' revenue in the second quarter 2025?
Hudson Technologies (HDSN) reported revenue of $72.8M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +32% from the quarter before.
Was Hudson Technologies profitable in the second quarter 2025?
Operating profit was $12.7M (17.5% of revenue) and net earnings $10.2M.