Company Analysis

Hydrofarm Holdings Group, Inc. (HYFM)

Nasdaq: HYFM · Wholesale-Miscellaneous Nondurable Goods · Shoemakersville, PA · filing with the SEC since 2017
Grade1.8
◀ Past 1.8● Present 1.8▶ Future 1.7
1 est.

The grade of Hydrofarm Holdings Group, Inc.

Nine metrics read from its own filings, by tense
Headline grade
1.8/10
◀ Past1.825% of the headline
● Present1.845% of the headline
▶ Future1.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.8/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.5/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2026-07-09.

weight 45% of this tense · 15th percentile among 36 sector filers · read for itself

From the record

Hydrofarm Holdings Group, Inc.'s filings since 2017 show 5 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2026-07-09); an auditor change (8-K item 4.01, the latest 2026-04-20) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.0/10

What has it actually done, year after year?

-8.9% a year over 7 filed years; profitable in 1 of 7.

weight 33% of this tense · 10th percentile among 35 sector filers · read for its customers

From the record

Hydrofarm Holdings Group, Inc.'s 7 filed years say what it did: revenue went from $235 million in fiscal 2019 to $134 million in fiscal 2025, down 8.9% a year; it rose in 2 of 6 years; the deepest fall was 72% from fiscal 2021 to fiscal 2025; net income was positive in 1 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-8.9%bottom 13% of its family
  • the share of years revenue rosebottom 14% of its family
  • the share of filed years with a profitbottom 1% of its family
  • the deepest fall from a revenue peak72.0%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.4/10

How has it treated the people who own it?

SI estimate 3.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 34th percentile among 34 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 34% of 34 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 34 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Hydrofarm Holdings Group, Inc.'s shareholder treatment is put at 3.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 34% of 34 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

1.8/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
2.1/10

Is it financially healthy right now?

Leverage 151%: owes 151¢ per asset dollar.

weight 33% of this tense · 21st percentile among 33 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Hydrofarm Holdings Group, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 151 cents per dollar of assets, and net share issuance: its share count grew 1.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 5% of its family
  • gross profit against assetsbottom 34% of its family
  • the share count against the year beforebottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.0/10

How strong is its position in its industry?

bottom 10% of 35 in its family; net margin -215.9%.

weight 45% of this tense · 10th percentile among 35 sector filers · read for its customers

From the record

Hydrofarm Holdings Group, Inc.'s standing among 35 graded names in its industry family: revenue of $134 million in fiscal 2025 ranks in the bottom 22% by size; a net margin of -215.9% ranks in the bottom 1%; revenue growth of -27% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

What it rests on

  • revenue against the family$134Mbottom 22% of its family
  • net margin-215.9%bottom 1% of its family
  • three-year revenue growth-27.0%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.9/10

What are the people in charge doing?

bottom 28% of 22 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 28th percentile among 22 sector filers · read for its shareholders

From the record

Hydrofarm Holdings Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Toler, William Douglas (Chief Executive Officer, as filed), filing under that title since 2026-01-08, 10 months (bottom 11% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 5.9 years (bottom 39%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 9 peoplebottom 35% of its family
  • the median years the people in charge have filed5.9 yearsbottom 39% of its family
  • the chief executive's years on the record10 monthsbottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

1.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
1.8/10

How much room does it have to grow?

bottom 18% of 35 in its family for room to expand.

weight 33% of this tense · 18th percentile among 35 sector filers · read for itself

From the record

Hydrofarm Holdings Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against debt of $112 million leaves -85.3% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is -11.2% of revenue (bottom 16%); a gross margin of 11.3% (bottom 35%) (its annual report).

What it rests on

  • cash less debt against assets-85.3%bottom 4% of its family
  • cash from operations less capital spending against revenue-11.2%bottom 16% of its family
  • gross margin11.3%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.8/10

What could actually drive growth from here?

bottom 8% of 35 in its family for growth drivers.

weight 33% of this tense · 8th percentile among 35 sector filers · read for its customers

From the record

Hydrofarm Holdings Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -27% a year over the last three filed years against -8.9% over all 7, slowing (bottom 7% of its family); the newest year grew -29.5% (bottom 7%); capital spending grew -50.1% a year (bottom 11%) (its annual reports). Hydrofarm Holdings Group, Inc. reported 2 lines of business in fiscal 2025: United States at $108 million, Canada at $29 million. 0 of 2 grew in the latest filed year, and the largest line is 79% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-18.0 points a yearbottom 7% of its family
  • the newest year's revenue growth-29.5%bottom 7% of its family
  • three-year growth of capital spending-50.1%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.3/10

Did its newest year beat what its own record pointed to?

bottom 23% of 32 in its family for expectations against reality.

weight 33% of this tense · 23rd percentile among 32 sector filers · read for its shareholders

From the record

Hydrofarm Holdings Group, Inc.'s newest year against its own record: revenue of $134 million in fiscal 2025 came in 5.1% below the $141 million its prior three years' pace pointed to (bottom 30% of its family); net income of $290 million against a prior three-year average of $139 million (bottom 39%); a net margin of a loss larger than its revenue against -48.8% before (bottom 2%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.1%bottom 30% of its family
  • net income against the prior three years' average-109%bottom 39% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton HYFM · research, not advice