Hydrofarm Holdings (HYFM) Gross Margin (2020 - 2026)

Hydrofarm Holdings' (HYFM) quarterly Gross Margin came in at 6.44% in Q1 2026, down 1053.0% year-on-year from 0.68% in Q1 2025, and down 24.0% quarter-over-quarter from 8.47% in Q4 2025.

Hydrofarm Holdings (HYFM) Gross Margin (2020 - 2026) Analysis & Trends

Hydrofarm Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 6.44% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 1053.0% year-over-year to 6.44% in Q1 2026; TTM through Mar 2026 was 8.32%, a 758.0% decrease from a year earlier, with the FY2025 full-year figure at 11.33%, down 556.0% from the prior year.
  • Gross Margin retreated to 6.44% in Q1 2026 per HYFM's latest filing, from 8.47% in the prior quarter.
  • Across five years, Gross Margin topped out at 22.95% in Q2 2023 and bottomed at 0.77% in Q4 2022.
  • The 5-year median for Gross Margin is 11.61% (2025), against an average of 12.34%.
  • Across the five-year window, Gross Margin sank 1769 bps in 2022 and soared 1868 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 0.77% in 2022, then surged by 2427 bps to 17.91% in 2023, then slumped by 72 bps to 4.93% in 2024, then soared by 72 bps to 8.47% in 2025, then decreased by 24 bps to 6.44% in 2026.
  • Per Business Quant, the three latest HYFM Gross Margin figures stand at 6.44% (Q1 2026), 8.47% (Q4 2025), and 11.61% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Greenpower Motor 1,097.89 Bn 1,097.89 Bn 1.26 Mn -
2 Caterpillar 399.06 Bn 394.99 Bn 6.11 Bn 35.08%
3 Deere 167.72 Bn 159.81 Bn 13.06 Bn 97.71%
4 Paccar 70.09 Bn 69.21 Bn 1.36 Bn 20.07%
5 CNH Industrial 13.77 Bn 12.16 Bn 1.22 Bn 31.91%
6 Oshkosh 9.78 Bn 9.53 Bn 311.90 Mn 13.46%
7 Agco 8.69 Bn 8.17 Bn 581.40 Mn 24.82%
8 Terex 6.67 Bn 6.28 Bn 206.00 Mn 11.88%
9 Blue Bird 2.35 Bn 2.07 Bn 70.65 Mn 20.03%
10 Hydrofarm Holdings 3.01 Mn -2.34 Mn 1.84 Mn 6.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.44%
Dec 31, 2025 8.47%
Sep 30, 2025 11.61%
Jun 30, 2025 7.12%
Mar 31, 2025 16.97%
Dec 31, 2024 4.93%
Sep 30, 2024 19.36%
Jun 30, 2024 19.80%
Mar 31, 2024 20.17%
Dec 31, 2023 17.91%
Sep 30, 2023 6.11%
Jun 30, 2023 22.95%
Mar 31, 2023 18.30%
Dec 31, 2022 -0.77%
Sep 30, 2022 7.91%
Jun 30, 2022 7.53%
Mar 31, 2022 14.91%
Dec 31, 2021 16.92%
Sep 30, 2021 24.22%
Jun 30, 2021 22.12%