HF Foods Group (HFFG) Revenue & Revenue Breakdown

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HF Foods Group Revenue Highlights

Latest Revenue (Y)

$1.20B

Latest Revenue (Q)

$313.55M

Main Segment (Y)

Seafood

Main Geography (Y)

CALIFORNIA

HF Foods Group Revenue by Period

HF Foods Group Revenue by Year

Date	Revenue	Change
2024-12-31	$1.20B	4.63%
2023-12-31	$1.15B	-1.88%
2022-12-31	$1.17B	46.88%
2021-12-31	$796.88M	40.59%
2020-12-31	$566.83M	46.03%
2019-12-31	$388.16M	33.39%
2018-12-31	$291.01M	-1.54%
2017-12-31	$295.55M	5.74%
2016-12-31	$279.50M	-

HF Foods Group generated $1.20B in revenue during NA 2024, up 4.63% compared to the previous quarter, and up 309.58% compared to the same period a year ago.

HF Foods Group Revenue by Quarter

Date	Revenue	Change
2025-06-30	$313.55M	5.40%
2025-03-31	$297.47M	-2.56%
2024-12-31	$305.28M	2.57%
2024-09-30	$297.62M	-1.56%
2024-06-30	$302.34M	2.26%
2024-03-31	$295.65M	5.26%
2023-12-31	$280.87M	0.08%
2023-09-30	$280.63M	-3.99%
2023-06-30	$292.31M	-0.53%
2023-03-31	$293.86M	0.67%
2022-12-31	$291.90M	-2.93%
2022-09-30	$300.71M	0.36%
2022-06-30	$299.64M	7.70%
2022-03-31	$278.21M	21.80%
2021-12-31	$228.41M	5.97%
2021-09-30	$215.54M	11.36%
2021-06-30	$193.55M	21.44%
2021-03-31	$159.38M	8.76%
2020-12-31	$146.55M	4.74%
2020-09-30	$139.92M	33.82%
2020-06-30	$104.56M	-40.52%
2020-03-31	$175.80M	7.89%
2019-12-31	$162.94M	115.25%
2019-09-30	$75.70M	1.31%
2019-06-30	$74.72M	-0.11%
2019-03-31	$74.80M	1.39%
2018-12-31	$73.77M	4.85%
2018-09-30	$70.36M	-2.66%
2018-06-30	$72.29M	-3.07%
2018-03-31	$74.58M	6.83%
2017-12-31	$69.81M	-7.65%
2017-09-30	$75.60M	-3.61%
2017-06-30	$78.43M	9.37%
2017-03-31	$71.71M	-

HF Foods Group generated $313.55M in revenue during Q2 2025, up 5.40% compared to the previous quarter, and up 106.05% compared to the same period a year ago.

HF Foods Group Revenue Breakdown

HF Foods Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Fresh Produce	$128.84M	$123.20M	$126.56M	$103.17M	-
Seafood	$394.03M	$361.22M	$354.22M	$123.81M	-
B&R Global	-	-	-	-	$345.48M
HF Foods	-	-	-	-	$221.35M

HF Foods Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Seafood (75.36%), and Fresh Produce (24.64%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Product	$314.85M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Seafood	$112.08M	$105.58M	$200.81M	$98.83M	$94.39M	$176.95M	$91.38M	$92.89M	$91.94M	$94.08M	$93.40M	$74.81M	-	-	-	-	-	-	-
Fresh Produce	$27.61M	$27.91M	$65.08M	$31.67M	$32.08M	$59.35M	$31.64M	$32.21M	$34.34M	$31.26M	$31.08M	$29.88M	-	-	-	-	-	-	-
Sales to Independent Restaurants	-	-	-	-	-	-	-	-	-	-	-	-	$207.56M	$187.52M	$153.56M	-	-	-	-
Wholesales	-	-	-	-	-	-	-	-	-	-	-	-	$7.98M	$6.03M	$5.83M	-	-	-	-
B&R Global	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$87.13M	$81.54M	$63.91M	$112.90M
HF Foods	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$59.42M	$58.38M	$40.65M	$62.91M

HF Foods Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Product (69.27%), Seafood (24.66%), and Fresh Produce (6.07%).

HF Foods Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20	Dec 19	Dec 18
COLORADO	$34.91M	$6.66M	-
UTAH	$52.46M	$8.25M	-
FLORIDA	$65.42M	$91.17M	$88.67M
GEORGIA	$46.99M	$65.17M	-
NORTH CAROLINA	$108.95M	$145.76M	-
ARIZONA	$34.95M	$7.20M	-
CALIFORNIA	$193.00M	$54.88M	-
WASHINGTON	$30.16M	$9.08M	-
North Carolina	-	-	$138.79M
Georgia	-	-	$63.55M

HF Foods Group's latest annual revenue breakdown by geography, as of Dec 20: CALIFORNIA (34.05%), NORTH CAROLINA (19.22%), FLORIDA (11.54%), UTAH (9.25%), GEORGIA (8.29%), ARIZONA (6.17%), COLORADO (6.16%), and WASHINGTON (5.32%).

Quarterly Revenue by Country

Country	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
FLORIDA	$24.29M	$22.71M	$19.39M	$17.85M	$17.17M	$11.31M	$19.09M	$22.46M	$22.83M	$22.75M	$23.13M	$22.39M
NORTH CAROLINA	$37.16M	$33.70M	$30.03M	$29.28M	$28.69M	$21.27M	$29.72M	-	-	-	-	-
GEORGIA	$18.15M	$16.63M	$14.61M	$12.29M	$12.52M	$8.07M	$14.10M	-	-	-	-	-
WASHINGTON	$13.29M	$11.80M	$8.34M	$7.10M	$7.07M	$4.68M	$11.31M	-	-	-	-	-
COLORADO	$12.47M	$11.03M	$9.48M	$9.29M	$9.18M	$7.53M	$8.91M	-	-	-	-	-
CALIFORNIA	$80.78M	$71.71M	$53.07M	$47.68M	$43.16M	$34.49M	$67.66M	-	-	-	-	-
UTAH	$16.17M	$13.58M	$13.34M	$13.45M	$13.72M	$10.29M	$15.00M	-	-	-	-	-
ARIZONA	$13.24M	$12.38M	$11.14M	$9.61M	$8.42M	$6.91M	$10.01M	-	-	-	-	-
North Carolina	-	-	-	-	-	-	-	-	$36.81M	$35.62M	$35.26M	-
Georgia	-	-	-	-	-	-	-	-	$16.05M	$16.34M	$16.41M	-

HF Foods Group's latest quarterly revenue breakdown by geography, as of Sep 21: CALIFORNIA (37.48%), NORTH CAROLINA (17.24%), FLORIDA (11.27%), GEORGIA (8.42%), UTAH (7.50%), WASHINGTON (6.17%), ARIZONA (6.14%), and COLORADO (5.78%).

HF Foods Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
YOUL	Youlife Group Inc. American Depositary Shares	$1.59B	$108.54M
HAIN	Hain Celestial Group	$1.56B	$411.49M
VSA	TCTM Kids IT Education Inc ADR	$1.38B	$545.01M
HFFG	HF Foods Group	$1.20B	$313.55M
CHGG	Chegg	$617.57M	$105.12M
SKIL	Skillsoft	$530.99M	$128.82M
LFVN	LifeVantage	$228.53M	$67.76M
ISPR	Ispire	$151.91M	$41.83M

HFFG Revenue FAQ

What is HF Foods Group’s yearly revenue?

HF Foods Group's yearly revenue for 2024 was $1.2B, representing an increase of 4.63% compared to 2023. The company's yearly revenue for 2023 was $1.15B, representing a decrease of -1.88% compared to 2022. HFFG's yearly revenue for 2022 was $1.17B, representing an increase of 46.88% compared to 2021.

What is HF Foods Group’s quarterly revenue?

HF Foods Group's quarterly revenue for Q2 2025 was $313.55M, a 5.40% increase from the previous quarter (Q1 2025), and a 3.71% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $297.47M, a -2.56% decrease from the previous quarter (Q4 2024), and a 0.62% increase year-over-year (Q1 2024). HFFG's quarterly revenue for Q4 2024 was $305.28M, a 2.57% increase from the previous quarter (Q3 2024), and a 8.69% increase year-over-year (Q4 2023).

What is HF Foods Group’s revenue growth rate?

HF Foods Group's revenue growth rate for the last 3 years (2022-2024) was 2.67%, and for the last 5 years (2020-2024) was 112.00%.

What are HF Foods Group’s revenue streams?

HF Foods Group's revenue streams in c 24 are Fresh Produce, and Seafood. Fresh Produce generated $128.84M in revenue, accounting 24.64% of the company's total revenue, up 4.57% year-over-year. Seafood generated $394.03M in revenue, accounting 75.36% of the company's total revenue, up 9.08% year-over-year.

What is HF Foods Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of HF Foods Group was Seafood. This segment made a revenue of $394.03M, representing 75.36% of the company's total revenue.