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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%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
Cost of revenue$119M89%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
$15.2M11%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
−$277M−206%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
Income before tax−$291M−216%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
Income tax−$740000−1%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
−$290M−216%
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001695295-26-000010 · filed Mar 27, 2026
· event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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HYFM income explainer — Buy Like Buffett · Buy Like Buffett