Filing Flows › Hudson Technologies (HDSN) › Q3 2026
Hudson Technologies (HDSN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Hudson Technologies (HDSN) reported revenue of $59.4M for the third quarter 2026 (Q3 2026), -20% from a year earlier and -24% from the quarter before. Operating margin was 5.5%, net earnings $2.0M (3.4% of revenue).
Hudson Technologies, Q3 2026: revenue $59.4M (-20% year over year), operating margin 5.5%, net earnings $2.0M, operating cash flow $10.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.4M | -24% | -20% |
| Gross profit | $14.8M | -28% | -37% |
| Operating profit | $3.3M | -56% | -77% |
| Net earnings | $2.0M | -59% | -84% |
| Operating cash flow | $10.1M | +48% | +15% |
| Free cash flow | $9.7M | +54% | +43% |
What changed
Revenue was $59.4M in Q3 2026, down 20% year over year and down 24% from the previous quarter. Product was the largest line at 97% of revenue. Product lost $14.5M year over year (down 20%), 100% of the total change.
Gross margin was 24.9%, down 7.1 points from Q3 2025. Operating profit was $3.3M, a 5.5% margin (down 13.4 points year over year). Operating expenses grew 19% against a revenue fall of 20%. The fastest-growing cost line was SG&A (+22%). Net earnings were $2.0M, down 84% year over year. The effective tax rate was 36.6%.
Operating cash flow was $10.1M (up 15% year over year), 497% of net earnings. Non-cash charges added back $866K of depreciation and amortization and $232K of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $475K left free cash flow of $9.7M.
Questions
What was Hudson Technologies' revenue in the third quarter 2026?
Hudson Technologies (HDSN) reported revenue of $59.4M for the third quarter 2026 (Q3 2026), -20% from a year earlier and -24% from the quarter before.
Was Hudson Technologies profitable in the third quarter 2026?
Operating profit was $3.3M (5.5% of revenue) and net earnings $2.0M.