Hydrofarm Group (HYFM) Revenue & Revenue Breakdown


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Hydrofarm Group Revenue Highlights


Latest Revenue (Y)

$190.29M

Latest Revenue (Q)

$39.24M

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
2025-06-30$39.24M-3.18%
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 $39.24M in revenue during Q2 2025, up -3.18% compared to the previous quarter, and up 72.45% 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/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Shipping and Handling$1.18M$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 Jun 25: Shipping and Handling (100.00%).

Hydrofarm Group Revenue Breakdown by Country

Annual Revenue by Country

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

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

CountryJun 25Mar 25Sep 24Mar 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21
Canada Segment$8.29M$9.02M$8.34M$14.43M$9.24M$14.56M$15.02M$13.61M$19.34M$21.50M---
CANADA----------$21.27M$23.83M$22.26M
UNITED STATES----------$104.62M$111.36M$90.67M

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

Hydrofarm Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AEHLAntelope Enterprise$510.55M$309.25M
HYFMHydrofarm Group$190.29M$39.24M
TLIHTen-League Limited Ordinary Shares$58.50M-
ARTWArt's-Way Manufacturing$24.50M$6.43M
LSHLakeside$17.79M$3.80M
HKPDHong Kong Pharma Digital Technology$16.69M$5.55M
ZDAIDirectBooking$13.46M-
MNTSMomentus$2.11M$322.00K
CCTGCCSC Technology Limited Ordinary Shares$1.88M$926.79K

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 Q2 2025 was $39.24M, a -3.18% decrease from the previous quarter (Q1 2025), and a -28.38% decrease year-over-year (Q2 2024). The company'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). HYFM'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).

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.