Hydrofarm Group (HYFM) Revenue & Revenue Breakdown
Hydrofarm Group Revenue Highlights
Latest Revenue (Y)
$226.58M
Latest Revenue (Q)
$54.17M
Main Segment (Y)
Shipping and Handling
Main Geography (Y)
United States
Hydrofarm Group Revenue by Period
Hydrofarm Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $226.58M | -34.23% |
| 2022-12-31 | $344.50M | -28.14% |
| 2021-12-31 | $479.42M | 40.10% |
| 2020-12-31 | $342.20M | 45.55% |
| 2019-12-31 | $235.11M | 11.00% |
| 2018-12-31 | $211.81M | - |
Hydrofarm Group generated $226.58M in revenue during NA 2023, up -34.23% compared to the previous quarter, and up 106.97% compared to the same period a year ago.
Hydrofarm Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $54.17M | 14.81% |
| 2023-12-31 | $47.18M | -12.89% |
| 2023-09-30 | $54.17M | -14.09% |
| 2023-06-30 | $63.05M | 1.40% |
| 2023-03-31 | $62.18M | 1.17% |
| 2022-12-31 | $61.46M | -17.12% |
| 2022-09-30 | $74.16M | -23.95% |
| 2022-06-30 | $97.51M | -12.45% |
| 2022-03-31 | $111.38M | 0.88% |
| 2021-12-31 | $110.41M | -10.83% |
| 2021-09-30 | $123.82M | -7.46% |
| 2021-06-30 | $133.80M | 20.12% |
| 2021-03-31 | $111.39M | 27.39% |
| 2020-12-31 | $87.44M | -9.54% |
| 2020-09-30 | $96.66M | 5.98% |
| 2020-06-30 | $91.21M | 36.34% |
| 2020-03-31 | $66.90M | 24.41% |
| 2019-12-31 | $53.77M | -11.07% |
| 2019-09-30 | $60.47M | -6.61% |
| 2019-06-30 | $64.75M | 7.14% |
| 2019-03-31 | $60.43M | - |
Hydrofarm Group generated $54.17M in revenue during Q1 2024, up 14.81% compared to the previous quarter, and up 88.14% compared to the same period a year ago.
Hydrofarm Group Revenue Breakdown
Hydrofarm Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Shipping and Handling | $9.52M | $13.18M | $8.05M |
Hydrofarm Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Shipping and Handling (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shipping and Handling | $2.94M | $2.42M | $1.81M | $2.72M | $2.57M | $2.52M | $3.10M | $3.68M | $3.88M | $2.88M | $2.24M | $1.68M | $1.25M |
Hydrofarm Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Shipping and Handling (100.00%).
Hydrofarm Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| United States | $179.84M | $280.46M | $399.75M |
| Canada | $49.67M | $68.15M | $87.28M |
Hydrofarm Group's latest annual revenue breakdown by geography, as of Dec 23: United States (78.36%), and Canada (21.64%).
Quarterly Revenue by Country
| Country | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Canada Segment | $14.43M | $9.24M | $14.56M | $15.02M | $13.61M | $19.34M | $21.50M | - | - | - |
| UNITED STATES | - | - | - | - | - | - | - | $104.62M | $111.36M | $90.67M |
| CANADA | - | - | - | - | - | - | - | $21.27M | $23.83M | $22.26M |
Hydrofarm Group's latest quarterly revenue breakdown by geography, as of Mar 24: Canada Segment (100.00%).
Hydrofarm Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| OSK | Oshkosh | $8.28B | $2.51B |
| TEX | Terex | $5.15B | $1.38B |
| HY | Hyster-Yale Materials Handling | $4.12B | $1.06B |
| REVG | REV Group | $2.64B | $579.40M |
| WNC | Wabash National | $2.54B | $550.61M |
| ASTE | Astec Industries | $1.34B | $309.20M |
| LNN | Lindsay | $1.14B | $139.20M |
| SHYF | Shyft Group | $872.20M | $192.78M |
| MNTX | Manitex | $291.39M | $76.23M |
| HYFM | Hydrofarm Group | $226.58M | $54.17M |
| ARTW | Art's-Way Manufacturing | $30.28M | $6.73M |
| CEAD | CEA Industries | $6.91M | $234.51K |
HYFM Revenue FAQ
What is Hydrofarm Group’s yearly revenue?
Hydrofarm Group's yearly revenue for 2023 was $226.58M, representing a decrease of -34.23% compared to 2022. The company's yearly revenue for 2022 was $344.5M, representing a decrease of -28.14% compared to 2021. HYFM's yearly revenue for 2021 was $479.42M, representing an increase of 40.10% compared to 2020.
What is Hydrofarm Group’s quarterly revenue?
Hydrofarm Group's quarterly revenue for Q1 2024 was $54.17M, a 14.81% increase from the previous quarter (Q4 2023), and a -12.88% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $47.18M, a -12.89% decrease from the previous quarter (Q3 2023), and a -23.23% decrease year-over-year (Q4 2022). HYFM's quarterly revenue for Q3 2023 was $54.17M, a -14.09% decrease from the previous quarter (Q2 2023), and a -26.95% decrease year-over-year (Q3 2022).
What is Hydrofarm Group’s revenue growth rate?
Hydrofarm Group's revenue growth rate for the last 3 years (2021-2023) was -52.74%, and for the last 5 years (2019-2023) was -3.63%.
What are Hydrofarm Group’s revenue streams?
Hydrofarm Group's revenue streams in c 23 are Shipping and Handling
What is Hydrofarm Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Hydrofarm Group was Shipping and Handling. This segment made a revenue of $9.52M, representing 100.00% of the company's total revenue.