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Hydrofarm Group (HYFM) Revenue & Revenue Breakdown

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Hydrofarm Group Revenue Highlights

Latest Revenue (Y)

$226.58M

Latest Revenue (Q)

$44.01M

Main Segment (Y)

Shipping and Handling

Main Geography (Y)

United States

Hydrofarm Group Revenue by Period

Hydrofarm Group Revenue by Year

DateRevenueChange
2023-12-31$226.58M-34.23%
2022-12-31$344.50M-28.14%
2021-12-31$479.42M40.10%
2020-12-31$342.20M45.55%
2019-12-31$235.11M11.00%
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

DateRevenueChange
2024-09-30$44.01M-19.68%
2024-06-30$54.79M1.15%
2024-03-31$54.17M14.81%
2023-12-31$47.18M-12.89%
2023-09-30$54.17M-14.09%
2023-06-30$63.05M1.40%
2023-03-31$62.18M1.17%
2022-12-31$61.46M-17.12%
2022-09-30$74.16M-23.95%
2022-06-30$97.51M-12.45%
2022-03-31$111.38M0.88%
2021-12-31$110.41M-10.83%
2021-09-30$123.82M-7.46%
2021-06-30$133.80M20.12%
2021-03-31$111.39M27.39%
2020-12-31$87.44M-9.54%
2020-09-30$96.66M5.98%
2020-06-30$91.21M36.34%
2020-03-31$66.90M24.41%
2019-12-31$53.77M-11.07%
2019-09-30$60.47M-6.61%
2019-06-30$64.75M7.14%
2019-03-31$60.43M-

Hydrofarm Group generated $44.01M in revenue during Q3 2024, up -19.68% compared to the previous quarter, and up 69.80% compared to the same period a year ago.

Hydrofarm Group Revenue Breakdown

Hydrofarm Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Shipping and Handling$1.46M$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 Sep 24: Shipping and Handling (100.00%).

Hydrofarm Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 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

CountrySep 24Mar 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21
Canada Segment$8.34M$14.43M$9.24M$14.56M$15.02M$13.61M$19.34M$21.50M---
CANADA--------$21.27M$23.83M$22.26M
UNITED STATES--------$104.62M$111.36M$90.67M

Hydrofarm Group's latest quarterly revenue breakdown by geography, as of Sep 24: Canada Segment (100.00%).

Hydrofarm Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OSKOshkosh$8.28B$2.85B
TEXTerex$5.15B$1.21B
HYHyster-Yale Materials Handling$4.12B$1.02B
WNCWabash National$2.54B$464.04M
REVGREV Group$2.38B$579.40M
ASTEAstec Industries$1.34B$291.40M
LNNLindsay$1.02B$139.20M
SHYFShyft Group$872.20M$-390.67M
MNTXManitex$291.39M$76.23M
HYFMHydrofarm Group$226.58M$44.01M
ARTWArt's-Way Manufacturing$30.28M$5.88M
CEADCEA Industries$6.91M$390.82K

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 Q3 2024 was $44.01M, a -19.68% decrease from the previous quarter (Q2 2024), and a -18.75% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $54.79M, a 1.15% increase from the previous quarter (Q1 2024), and a -13.10% decrease year-over-year (Q2 2023). HYFM'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).

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.