Filing Flows › Hydrofarm Holdings Group (HYFM) › Q2 2026
Hydrofarm Holdings Group (HYFM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Hydrofarm Holdings Group (HYFM) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), -41% from a year earlier and -19% from the quarter before. Operating margin was -32.0%, net loss $10.6M (45.8% of revenue).
Hydrofarm Holdings Group, Q2 2026: revenue $23.2M (-41% year over year), operating margin -32.0%, net loss $10.6M, operating cash flow $52K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.2M | -19% | -41% |
| Operating profit | −$7.4M | — | — |
| Net earnings | −$10.6M | — | — |
| Operating cash flow | $52K | — | -97% |
What changed
Revenue was $23.2M in Q2 2026, down 41% year over year and down 19% from the previous quarter.
Gross margin was 11.3%, up 4.2 points from Q2 2025. Operating costs exceeded revenue by $7.4M, an operating margin of -32.0%. Operating expenses fell 38% while revenue fell 41%. The quarter ended with a net loss of $10.6M, narrower than the previous quarter's $14.6M loss.
Operating cash flow was $52K (down 97% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $145K of share-based compensation. Working capital and other items added $9.6M. Capital expenditures of $61K exceeded it, leaving free cash flow of −$9K.
Questions
What was Hydrofarm Holdings Group's revenue in the second quarter 2026?
Hydrofarm Holdings Group (HYFM) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), -41% from a year earlier and -19% from the quarter before.
Was Hydrofarm Holdings Group profitable in the second quarter 2026?
Operating loss was $7.4M (-32.0% of revenue) and net loss $10.6M.