Hydrofarm Holdings (HYFM) Operating Expenses (2020 - 2026)

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 was $10.6 million for Q1 2026 at Hydrofarm Holdings, up from $9.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $40.2 million in Q1 2022 to a low of $9.6 million in Q4 2025.
• Historically, Operating Expenses has averaged $20.5 million across 5 years, with a median of $19.5 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 138.77% in 2022, then tumbled 43.51% in 2025.
• A 5-year view of Operating Expenses shows it stood at $26.2 million in 2022, then decreased by 24.14% to $19.9 million in 2023, then retreated by 14.66% to $17.0 million in 2024, then sank by 43.51% to $9.6 million in 2025, then advanced by 10.31% to $10.6 million in 2026.
• The last three Operating Expenses figures came in at $10.6 million (Q1 2026), $9.6 million (Q4 2025), and $16.4 million (Q3 2025), per Business Quant data.