Filing Flows › HF Foods Group (HFFG) › Q1 2026 › vs Q4 2025
HF Foods Group (HFFG) Q1 2026 vs Q4 2025 (quarter over quarter)
HF Foods Group's revenue rose $4.0M (+1%) from $308M in Q4 2025 to $312M in Q1 2026. The biggest changes: Seafood +$5.9M (+5%); Meat and Poultry −$1.2M (-2%); Commodity +$970K (+3%). Gross margin 16.2% against 16.6% (-0.4 pts).
HF Foods Group, Q1 2026: revenue $312M (+4% year over year), operating margin 0.3%, net earnings $1.4M, operating cash flow $15.3M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 16.2% | 16.6% | -0.4 pts |
| Operating margin | 0.3% | -12.8% | +13.1 pts |
| Net margin | 0.4% | -12.1% | +12.6 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Seafood | $116M | $110M | $5.9M | +5% |
| Meat and Poultry | $61.6M | $62.7M | −$1.2M | -2% |
| Asian Specialty | $54.4M | $55.3M | −$902K | -2% |
| Commodity | $36.1M | $35.1M | $970K | +3% |
| Produce | $29.5M | $29.9M | −$400K | -1% |
| Packaging and Other | $14.3M | $14.7M | −$413K | -3% |
| Revenue | $312M | $308M | $4.0M | +1% |
| Gross profit | $50.5M | $51.1M | −$550K | -1% |
| Cost of revenue | $261M | $257M | $4.5M | +2% |
| Operating profit | $1.0M | −$39.4M | $40.4M | — |
| Operating expenses | $49.5M | $90.5M | −$41.0M | -45% |
| Pre-tax earnings | $959K | −$42.2M | $43.2M | — |
| Income tax benefit | $397K | $4.8M | −$4.4M | -92% |
| Net earnings | $1.4M | −$37.4M | $38.8M | — |
| Depreciation & amortization | $7.5M | $7.1M | $408K | +6% |
| Share-based compensation | $305K | $141K | $164K | +116% |
| Working capital & other | $6.1M | $51.2M | −$45.1M | -88% |
| Operating cash flow | $15.3M | $21.0M | −$5.7M | -27% |
| Capital expenditures | $15.3M | $8.9M | $6.4M | +72% |
| Negative free cash flow (OCF − capex) | $45K | −$12.1M | $12.1M | — |
Questions
How much did HF Foods Group's revenue grow quarter over quarter in Q1 2026?
HF Foods Group's revenue rose $4.0M (+1%) from $308M in Q4 2025 to $312M in Q1 2026.
What drove HF Foods Group's revenue change in Q1 2026?
Seafood +$5.9M (+5%); Meat and Poultry −$1.2M (-2%); Commodity +$970K (+3%).