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| Date | Value |
|---|---|
| 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% |