Hydrofarm Holdings (HYFM) Gross Margin (2020 - 2026)
Hydrofarm Holdings (HYFM) posted quarterly Gross Margin of 6.44% for Q1 2026, down 1053.0% year-over-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.
- 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 for Q1 2026 stood at 6.44%, down from 8.47% in the prior quarter.
- The five-year high for Gross Margin was 22.95% in Q2 2023, with the low at 0.77% in Q4 2022.
- The 5-year median for Gross Margin is 11.61% (2025), against an average of 12.34%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1769 bps in 2022, then soared 1868 bps in 2023.
- Hydrofarm Holdings' Gross Margin stood at 0.77% in 2022, then jumped by 2427 bps to 17.91% in 2023, then tumbled by 72 bps to 4.93% in 2024, then surged by 72 bps to 8.47% in 2025, then retreated by 24 bps to 6.44% in 2026.
- Business Quant data shows HYFM's Gross Margin at 6.44% in Q1 2026, 8.47% in Q4 2025, and 11.61% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.37 Bn | 367.65 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 168.66 Bn | 160.76 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 67.91 Bn | 59.25 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 13.55 Bn | 11.68 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.54 Bn | 9.13 Bn | 480.30 Mn | 16.48% |
| 6 | Agco | 7.40 Bn | 6.83 Bn | 645.90 Mn | 24.75% |
| 7 | Terex | 7.30 Bn | 6.90 Bn | 444.00 Mn | 19.84% |
| 8 | Blue Bird | 2.10 Bn | 1.98 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 1.96 Bn | 1.76 Bn | 110.86 Mn | 24.59% |
| 10 | Hydrofarm Holdings | 5.09 Mn | -1.53 Mn | 2.63 Mn | 11.35% |
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% |