Filing Flows › Hudson Technologies (HDSN) › Q2 2026
Hudson Technologies (HDSN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Hudson Technologies (HDSN) reported revenue of $78.3M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +30% from the quarter before. Operating margin was 9.4%, net earnings $4.9M (6.3% of revenue).
Hudson Technologies, Q2 2026: revenue $78.3M (+8% year over year), operating margin 9.4%, net earnings $4.9M, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $78.3M | +30% | +8% |
| Gross profit | $20.7M | +75% | -9% |
| Operating profit | $7.4M | +405% | -42% |
| Net earnings | $4.9M | 15× | -51% |
| Operating cash flow | $6.8M | — | +7% |
| Free cash flow | $6.3M | — | +5% |
What changed
Revenue was $78.3M in Q2 2026, up 8% year over year and up 30% from the previous quarter. Product was the largest line at 97% of revenue. Product added $5.5M year over year (up 8%), 101% of the total change. Refrigerant Side Services declined 2%.
Gross margin was 26.4%, down 4.9 points from Q2 2025. Operating profit was $7.4M, a 9.4% margin (down 8.0 points year over year). Operating profit fell $5.3M even though revenue rose $5.5M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 32% against revenue growth of 8%. The fastest-growing cost line was SG&A (+34%). Net earnings were $4.9M, down 51% year over year. The effective tax rate was 33.6%.
Operating cash flow was $6.8M (up 7% year over year), 138% of net earnings. Non-cash charges added back $879K of depreciation and amortization and $677K of share-based compensation. Working capital and other items added $346K. Capital expenditures of $576K left free cash flow of $6.3M.
Questions
What was Hudson Technologies' revenue in the second quarter 2026?
Hudson Technologies (HDSN) reported revenue of $78.3M for the second quarter 2026 (Q2 2026), +8% from a year earlier and +30% from the quarter before.
Was Hudson Technologies profitable in the second quarter 2026?
Operating profit was $7.4M (9.4% of revenue) and net earnings $4.9M.