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

Hydrofarm Holdings (HYFM) recorded quarterly Gross Margin of 6.44% in Q1 2026, down 24.0% quarter-over-quarter from 8.47% in Q4 2025, and down 1053.0% on a YoY basis from 0.68% in Q1 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.

  • In Q1 2026, Gross Margin fell 1053.0% year-over-year to 6.44%; the TTM figure through Mar 2026 stood at 8.32% (down 758.0% YoY), while the FY2025 annual figure was 11.33%, down 556.0% from the prior year.
  • Gross Margin was 6.44% for Q1 2026 at Hydrofarm Holdings, down from 8.47% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 22.95% in Q2 2023 to a low of 0.77% in Q4 2022.
  • Historically, Gross Margin has averaged 12.34% across 5 years, with a median of 11.61% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin sank 1769 bps in 2022, then jumped 1868 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 0.77% in 2022, then surged by 2427 bps to 17.91% in 2023, then plunged 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.
  • The last three Gross Margin figures came in at 6.44% (Q1 2026), 8.47% (Q4 2025), and 11.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 35.08%
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 97.71%
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 20.07%
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 13.46%
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 11.88%
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 20.03%
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 25.12%
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 27.38%
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 25.01%
10 Hydrofarm Holdings 4.44 Mn -908,678.96 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%