Hydrofarm Group (HYFM) Revenue & Revenue Breakdown


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Hydrofarm Group Revenue Highlights


Latest Revenue (Y)

$190.29M

Latest Revenue (Q)

$40.53M

Main Segment (Y)

Shipping and Handling

Main Geography (Y)

United States

Hydrofarm Group Revenue by Period


Hydrofarm Group Revenue by Year

DateRevenueChange
2024-12-31$190.29M-16.02%
2023-12-31$226.58M-34.23%
2022-12-31$344.50M-28.14%
2021-12-31$479.42M40.10%
2020-12-31$342.20M45.55%
2019-12-31$235.11M11.00%
2018-12-31$211.81M4.84%
2017-12-31$202.03M-26.13%
2016-12-31$273.48M-

Hydrofarm Group generated $190.29M in revenue during NA 2024, up -16.02% compared to the previous quarter, and up 80.94% compared to the same period a year ago.

Hydrofarm Group Revenue by Quarter

DateRevenueChange
2025-03-31$40.53M8.63%
2024-12-31$37.31M-15.21%
2024-09-30$44.01M-19.68%
2024-06-30$54.79M1.15%
2024-03-31$54.17M14.81%
2023-12-31$47.18M-12.89%
2023-09-30$54.17M-14.09%
2023-06-30$63.05M1.40%
2023-03-31$62.18M1.17%
2022-12-31$61.46M-17.12%
2022-09-30$74.16M-23.95%
2022-06-30$97.51M-12.45%
2022-03-31$111.38M0.88%
2021-12-31$110.41M-10.83%
2021-09-30$123.82M-7.46%
2021-06-30$133.80M20.12%
2021-03-31$111.39M27.39%
2020-12-31$87.44M-9.54%
2020-09-30$96.66M5.98%
2020-06-30$91.21M36.34%
2020-03-31$66.90M24.41%
2019-12-31$53.77M-11.07%
2019-09-30$60.47M-6.61%
2019-06-30$64.75M7.14%
2019-03-31$60.43M-

Hydrofarm Group generated $40.53M in revenue during Q1 2025, up 8.63% compared to the previous quarter, and up 85.91% compared to the same period a year ago.

Hydrofarm Group Revenue Breakdown


Hydrofarm Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Shipping and Handling$7.88M$9.52M$13.18M$8.05M

Hydrofarm Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Shipping and Handling (100.00%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Shipping and Handling$1.40M$3.48M$1.46M$2.94M$2.42M$1.81M$2.72M$2.57M$2.52M$3.10M$3.68M$3.88M$2.88M$2.24M$1.68M$1.25M

Hydrofarm Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Shipping and Handling (100.00%).

Hydrofarm Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Canada$49.67M$68.15M$87.28M
United States$179.84M$280.46M$399.75M

Hydrofarm Group's latest annual revenue breakdown by geography, as of Dec 23: United States (78.36%), and Canada (21.64%).

Quarterly Revenue by Country

CountryMar 25Sep 24Mar 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21
Canada Segment$9.02M$8.34M$14.43M$9.24M$14.56M$15.02M$13.61M$19.34M$21.50M---
UNITED STATES---------$104.62M$111.36M$90.67M
CANADA---------$21.27M$23.83M$22.26M

Hydrofarm Group's latest quarterly revenue breakdown by geography, as of Mar 25: Canada Segment (100.00%).

Hydrofarm Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
OSKOshkosh$9.65B$2.60B
TEXTerex$5.13B$1.23B
HYHyster-Yale Materials Handling$4.31B$1.07B
REVGREV Group$2.38B$525.10M
WNCWabash National$1.95B$380.89M
ASTEAstec Industries$1.31B$329.40M
LNNLindsay$1.02B$187.06M
SHYFShyft Group$786.18M$204.60M
HYFMHydrofarm Group$190.29M$40.53M
ARTWArt's-Way Manufacturing$24.50M$5.14M
CEADCEA Industries$2.80M$713.46K

HYFM Revenue FAQ


What is Hydrofarm Group’s yearly revenue?

Hydrofarm Group's yearly revenue for 2024 was $190.29M, representing a decrease of -16.02% compared to 2023. The company's yearly revenue for 2023 was $226.58M, representing a decrease of -34.23% compared to 2022. HYFM's yearly revenue for 2022 was $344.5M, representing a decrease of -28.14% compared to 2021.

What is Hydrofarm Group’s quarterly revenue?

Hydrofarm Group's quarterly revenue for Q1 2025 was $40.53M, a 8.63% increase from the previous quarter (Q4 2024), and a -25.18% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $37.31M, a -15.21% decrease from the previous quarter (Q3 2024), and a -20.92% decrease year-over-year (Q4 2023). HYFM's quarterly revenue for Q3 2024 was $44.01M, a -19.68% decrease from the previous quarter (Q2 2024), and a -18.75% decrease year-over-year (Q3 2023).

What is Hydrofarm Group’s revenue growth rate?

Hydrofarm Group's revenue growth rate for the last 3 years (2022-2024) was -44.76%, and for the last 5 years (2020-2024) was -44.39%.

What are Hydrofarm Group’s revenue streams?

Hydrofarm Group's revenue streams in c 24 are Shipping and Handling

What is Hydrofarm Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Hydrofarm Group was Shipping and Handling. This segment made a revenue of $7.88M, representing 100.00% of the company's total revenue.