HYFM Q2 2024 Earnings — Hydrofarm Holdings Group, Inc. Revenue & Financial Results | Market Cap Arena

HYFMHydrofarm Holdings Group, Inc.

$5M

Q2 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$55M-13.1% YoY

Gross Profit

$11M19.8% margin

Operating Income

-$19M-35.3% margin

Net Income

-$23M-42.8% margin

EPS (Diluted)

$-5.10

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$772,000

Balance Sheet

Total Assets

$463M

Total Liabilities

$208M

Stockholders' Equity

$255M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$63M	-13.1%
Gross Profit	$11M	$14M	-25.0%
Operating Income	-$19M	-$9M	-114.9%
Net Income	-$23M	-$13M	-82.3%

Revenue Segments

Shipping and Handling

$2M100%

Geographic Segments

Canada Segment

$12M100%