Flagship explainer

How HYDROFARM HOLDINGS GROUP, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$134M · 100%Cost of revenue$119M · 89%Gross profit$15.2M · 11%Operating income−$277M · −206%Income before tax−$291M · −216%Income tax−$740000 · −1%Net income−$290M · −216%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$134M100%
Cost of revenue$119M89%
$15.2M11%
−$277M−206%
Income before tax−$291M−216%
Income tax−$740000−1%
−$290M−216%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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HYFM income explainer — Buy Like Buffett · Buy Like Buffett