Hydrofarm Holdings (HYFM) Operating Expenses (2020 - 2026)
Hydrofarm Holdings (HYFM) posted quarterly Operating Expenses of $10.6 million for Q1 2026, down 40.84% year-over-year from $17.9 million in Q1 2025, and up 10.31% quarter-over-quarter from $9.6 million in Q4 2025.
Hydrofarm Holdings (HYFM) Operating Expenses (2020 - 2026) Analysis & Trends
Hydrofarm Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $10.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 40.84% year-over-year to $10.6 million; the TTM figure through Mar 2026 stood at $52.7 million (down 25.88% YoY), while the FY2025 annual figure was $59.9 million, down 17.65% from the prior year.
- Operating Expenses for Q1 2026 stood at $10.6 million, up from $9.6 million in the prior quarter.
- The five-year high for Operating Expenses was $40.2 million in Q1 2022, with the low at $9.6 million in Q4 2025.
- The 5-year median for Operating Expenses is $19.5 million (2023), against an average of $20.5 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 138.77% in 2022, then slumped 43.51% in 2025.
- Hydrofarm Holdings' Operating Expenses stood at $26.2 million in 2022, then retreated by 24.14% to $19.9 million in 2023, then fell by 14.66% to $17.0 million in 2024, then plunged by 43.51% to $9.6 million in 2025, then gained by 10.31% to $10.6 million in 2026.
- Business Quant data shows HYFM's Operating Expenses at $10.6 million in Q1 2026, $9.6 million in Q4 2025, and $16.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 378.92 Bn | 372.21 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 171.14 Bn | 163.23 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 69.16 Bn | 60.49 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 14.37 Bn | 12.51 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.76 Bn | 9.36 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 7.56 Bn | 6.98 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.56 Bn | 7.15 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.14 Bn | 2.02 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 1.97 Bn | 1.77 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Hydrofarm Holdings | 5.06 Mn | -1.55 Mn | 2.63 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.57 Mn |
| Dec 31, 2025 | 9.58 Mn |
| Sep 30, 2025 | 16.37 Mn |
| Jun 30, 2025 | 16.14 Mn |
| Mar 31, 2025 | 17.86 Mn |
| Dec 31, 2024 | 16.96 Mn |
| Sep 30, 2024 | 17.56 Mn |
| Jun 30, 2024 | 18.66 Mn |
| Mar 31, 2024 | 19.62 Mn |
| Dec 31, 2023 | 19.87 Mn |
| Sep 30, 2023 | 19.54 Mn |
| Jun 30, 2023 | 23.47 Mn |
| Mar 31, 2023 | 24.43 Mn |
| Dec 31, 2022 | 26.20 Mn |
| Sep 30, 2022 | 26.19 Mn |
| Jun 30, 2022 | 25.97 Mn |
| Mar 31, 2022 | 40.25 Mn |
| Dec 31, 2021 | 27.43 Mn |
| Sep 30, 2021 | 32.64 Mn |
| Jun 30, 2021 | 27.26 Mn |