Hydrofarm Holdings Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Hydrofarm Holdings Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 34% to $226,581,000. The net income raised on -$64,813,000 and profit margin reached -29%. Total operating expenses were $87,314,000.

Profit Margin

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM): Profit margin
2017 202.03M -82.76M -40.97%
2018 211.81M -32.89M -15.53%
2019 235.11M -40.08M -17.05%
2020 342.20M -7.27M -2.13%
2021 479.42M 13.41M 2.8%
2022 344.50M -285.41M -82.85%
2023 226.58M -64.81M -28.6%

HYFM Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
226.58M344.50M479.42M342.20M235.11M211.81M202.03M
Cost of revenue
188.96M315.16M377.93M278.57M208.02M187.74M172.78M
Gross profit
37.61M29.33M101.48M63.63M27.08M24.07M29.24M
Operating exp.
Research and development
0000000
Selling and marketing
0000003.03M
Total operating expenses
87.31M118.60M103.88M58.49M43.78M43.25M116.97M
Operating income
-38.43M-89.26M-2.40M-1.56M-16.69M-25.32M-5.69M
Other income (expenses), net
-26.59M-202.59M-3.31M-10.97M-24.07M-5.15M-89.20M
Income before tax
-65.02M-291.85M-5.72M-6.69M-40.77M-35.93M-94.90M
Income tax expense
-213K-6.44M-19.13M576K-691K-397K354.66K
Net income
-64.81M-285.41M13.41M-7.27M-40.08M-32.89M-82.76M
Earnings per share
Basic EPS
-1.42-6.350.34-0.22-1.21-1.43-6.48
Diluted EPS
-1.42-6.350.31-0.22-1.21-1.42-6.48
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