Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.

Hydrofarm Holdings Group, Inc.

Hydrofarm provides a range of products and services for indoor agriculture, including lighting, hydroponics, nutrients, and growing media. The company claims to offer the necessary equipment and knowledge for optimal yields.

Hydrofarm

Hydrofarm  | 6,022 followers on LinkedIn. Empowering Growers Since 1977. | Hydrofarm is a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, including high intensity grow lights, climate control solutions, and growing media, as well as a broad range of innovative and proprietary branded products.

Hydrofarm has been growing since 1977, with locations across the USA, Canada, and worldwide - plus a wildly successful IPO in 2020 and a growing portfolio of acquisitions of some of the best brands in the industry.

How do we do it?

Accounting and Financial Reporting Leader | Global Consolidation | Technical and Operational Accounting | Financial and Operational Excellence

Erica Ackerman

Corporate Development & International Markets

Eric Ceresnie

Agritechnology Solution Provider

Elliott Gorfain

Joe Kraynik

🌱 Ready to take your grow to the next level? Many cultivators are making the switch from HID to LED lighting to reduce costs and improve energy efficiency. Join us next Thursday, Nov. 7, for a free, in-depth webinar sponsored by Hydrofarm and PHOTOBIO. In this live session, we’ll guide you step-by-step on everything you need to know about retrofitting your lighting, including: 🔹 Key benefits of switching to LED 🔹 Why now is the perfect time to start planning 🔹 Transition tips for a seamless changeover 🔹 Layout, selection, rebates, installation, and commissioning best practices Whether you’re considering a switch or already planning, our expert insights will equip you to make informed decisions. Don’t miss out—register today! https://lnkd.in/g7nQYuA6

BIG news: Gaia Green Living Soil is coming to the US in less than 2 weeks! 🌿🥳 Gaia Green's Living Soil is a proprietary blend of premium ingredients designed to create an optimal root environment and support beneficial microbial activity 🦠 Pre-charged with slow-release organic fertilizers, Gaia Living Soil is the potting mix of choice for discerning growers taking a holistic, ecological approach to growing all varieties of plants 🌱 🌿 Premium potting mix pre-charged with select Gaia Green fertilizers. 🌿 High porosity and moisture retention for an optimal root environment. 🌿 Biologically active to ensure high nutrient availability! Now available for pre-sale, with orders shipping November 6th, 2024! Exclusively available at Hydrofarm! Retailers can speak with their local Hydrofarm rep or make an order online at Hydrofarm.com 🚰 #GaiaGreen #GaiaGreenOrganics #GaiaGreenLivingSoil #LivingSoil #Hydrofarm #EmpoweringGrowersSince1977 #Organic #IndoorGardening #Gardening #Horticulture

🌱 Empowering Growers Since 1977 🌱 Hydrofarm is proud to sponsor Greenhouse Management's 2024 State of the Industry Report! Hear from our VP of Commercial Sales, Andrew Volpetti, MBA , as he discusses how we support growers with innovative solutions for every grow environment. Stay tuned for insights on industry trends and how Hydrofarm continues to empower growers across the globe. #Hydrofarm #GreenhouseManagement #StateOfTheIndustry2024 #EmpoweringGrowers #SustainableCultivation

🌎 Honoring Indigenous Peoples' Day 🌎 Today, we celebrate the rich histories, cultures, and contributions of Indigenous people across the globe. This day serves as a powerful reminder of the importance of acknowledging Indigenous voices and learning from their deep connection to the land and community. As we reflect on their resilience, let’s also recognize the ongoing challenges many Indigenous communities face. It’s vital that we continue to advocate for respect, equity, and justice. Together, we can support a future where Indigenous knowledge and traditions are uplifted and celebrated year-round. 🌿 #IndigenousPeoplesDay #HonoringHistory #IndigenousWisdom #CulturalDiversity #LandAcknowledgement

🌱 Since 1977, Hydrofarm has been a pioneer in the horticultural industry, consistently evolving and thriving in an ever-changing landscape. From our early days providing innovative gardening solutions to now navigating the dynamic challenges of the cannabis industry, we’ve remained committed to supporting growers every step of the way. A special shoutout to Bill Toler for his incredible leadership during these times. Bill, your guidance, vision, and dedication have been instrumental in steering us through the ups and downs of the industry. 🚀 As we continue to grow and innovate, we're excited to see what the future holds for Hydrofarm, and the industry as a whole. #Hydrofarm #CannabisIndustry #Leadership #Innovation #EmpoweringGrowersSince1977 #SustainableGrowing

Thank you, Xander Y. for sharing these insightful observations from the CEA Summit East! We really appreciate your thoughtfulness in capturing these trends. 👏 We love the spirit of community that you’ve highlighted. As Albert Vitale said, “Rising tides raise all boats,” and we’re proud to be part of a network that truly supports and uplifts one another. Let’s keep growing together! 🙌🏻💚 #CEASummit #IndoorAg #ControlledEnvironmentAgriculture #Microgreens #Hydroponics #LivingSoil #VerticalFarming #CEACommunity #AgInnovation #FutureOfFarming #GrowTogether #SustainableAgriculture #UrbanFarming #Horticulture #CannabisCultivation #IndoorGrowing #SoilVsSoilless #Hydrofarm #EmpoweringGrowersSince1977

🌱 Growtainers: Revolutionizing How We Grow, Anywhere, Anytime 🌱 With Growtainers, you can grow fresh, healthy crops anywhere—from city rooftops to rural backyards. These fully self-contained, climate-controlled systems are designed to maximize growth in minimal space, giving you the power to farm year-round, no matter where you are. 🏙️🌾 🔑 Key Benefits: 🌦️ Full climate control for optimal growth conditions 💧 Advanced hydroponic and aeroponic systems for efficient water use 🚚 Portability allows for easy deployment anywhere 📏 Vertical farming technology maximizes space utilization 🌍 Suitable for diverse applications—from agriculture to research and beyond Growtainers aren’t just about growing food—they’re about empowering individuals, businesses, and innovators to cultivate what matters most, sustainably and efficiently, no matter the location. 🚀 Ready to take your growth strategy to the next level? 🌟 Let’s explore how Growtainers can unlock new possibilities for you! 🌎🌱 Learn more here >>> www.growtainers.com #Innovation #VerticalFarming #Sustainability #Growtainers #ClimateControl #Hydroponics #YearRoundGrowth #UrbanFarming #GreenTech #FutureOfFarming #GlobalSolutions #Hydrofarm #EmpoweringGrowersSince1977 Glenn Behrman CEA Advisors LLC

We wanted to give a shout out to a prized Gaia Green grower that speaks from the heart @wheeliebuzzed.1212 💚! We always look forward to seeing his progress in a tagged post, and hearing all the amazing things he has to say about Gaia Green Organics! It's come full circle for us too buddy! Read more about this inspiring grower here >>> https://lnkd.in/gtnefyVc #gaiagreen #gaiagreenorganics #organics #feedthesoil #indoorgrowing #manonamission #hydrofarm #empoweringgrowerssince1977

🌱 Exciting News for the CEA Industry! 🌱 We are thrilled to share that Quest Climate , a leader in climate control solutions, has partnered with Hydrofarm, a powerhouse in hydroponics and horticulture. Together, we’re set to bring innovation, increased productivity, and greater efficiency to the Controlled Environment Agriculture (CEA) sector. Stay tuned for more details in our official press release below! 🚀 #CEA #Partnership #Innovation #Hydroponics #ClimateControl #Quest #Hydrofarm #EmpoweringGrowersSince1977 Learn more here > https://lnkd.in/g4izvJT8

Time for a Retailer Spotlight! 🎉 This time we're shouting out Indoor Gardens Columbus (@indoorgardens_columbus)! 🤝 The team at Indoor Gardens are true pros with years of experience assisting customers with all kinds of questions and needs. It's truly a one-stop-shop for all of Columbus' gardening community! And they've been doing a killer job promoting our products in their shop! We reached out to their team to learn more about their business and what keeps them so passionate about this industry: "Indoor Gardens is a family-run hydroponics store with three locations in Ohio. We have been around since 1992. We staff our stores with the most knowledgeable indoor/outdoor grow specialists in the state. We work with all growers. From commercial accounts to universities to food banks, but our most important accounts are the ones we have with the home grower. They have helped us sustain the ups and downs of the industry through feast AND famine." "Now that home grow has come to Ohio, we have seen an explosion of customers attempting to grow their own. We have helped a countless number of individuals successfully navigate their first grow. We also are there for our seasoned vets who just can't quite diagnose a problem. After 32 years we have a reputation and have built a rapport with the people that frequent our store." We couldn't be more stoked to hear about the emerging home grower market in Ohio! The team at Indoor Gardens has been able to witness it firsthand, helping growers of all kinds along the way. If you're in the Columbus area or even happen to just be passing through, be sure to make a stop and say hi (you'll probably walk away with some top-notch growing equipment too 😉)! #IndoorGardensColumbus #IndoorGardens #IndoorGardensOhio #IndoorGardensOH #PhantomCultivar #CultivateHigher

	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	211.81M -	235.11M 11.00%	342.20M 45.55%	479.42M 40.10%	344.50M 28.14%	226.58M 34.23%
cost of revenue	187.74M -	208.03M 10.80%	278.57M 33.91%	377.93M 35.67%	315.17M 16.61%	202.66M 35.70%
gross profit	24.07M -	27.09M 12.53%	63.63M 134.93%	101.49M 59.49%	29.34M 71.09%	23.92M 18.46%
selling and marketing expenses
general and administrative expenses	42.23M -
selling general and administrative expenses	42.23M -	43.78M 3.68%	58.49M 33.59%	103.89M 77.61%	118.60M 14.17%	62.35M 47.43%
research and development expenses
other expenses	995K -	105K 89.45%	70K 33.33%	-204K 391.43%	841K 512.25%	118K 85.97%
cost and expenses	230.99M -	251.81M 9.01%	337.06M 33.86%	481.82M 42.95%	433.77M 9.97%	265.01M 38.90%
operating expenses	43.25M -	43.78M 1.23%	58.49M 33.59%	103.89M 77.61%	118.60M 14.17%	62.35M 47.43%
interest expense	11.61M -	13.47M 16.03%	10.14M 24.70%	2.14M 78.92%	10.96M 412.54%	15.44M 40.92%
ebitda	-9.93M -	-9.60M 3.30%	5.21M 154.29%	-2.61M 150.01%	-88.43M 3,293.21%	-6.36M 92.81%
operating income	-25.33M -	-16.70M 34.07%	-1.57M 90.61%	-2.40M 53.19%	-89.27M 3,616.40%	-38.43M 56.95%
depreciation and amortization	8.26M -	7.10M 14.04%	6.78M 4.52%	-204K 103.01%	841K 512.25%	32.08M 3,713.91%
total other income expenses net	-5.15M -	-24.08M 367.31%	-5.13M 78.70%	-3.32M 35.29%	-202.59M 6,003.95%	-26.59M 86.87%
income before tax	-35.94M -	-40.77M 13.45%	-6.70M 83.58%	-5.72M 14.57%	-291.86M 5,001.52%	-65.03M 77.72%
income tax expense	-397K -	-691K 74.06%	576K 183.36%	-19.14M 3,422.40%	-6.44M 66.33%	-213K 96.69%
net income	-32.89M -	-40.08M 21.86%	-7.27M 81.86%	13.42M 284.46%	-285.42M 2,227.42%	-64.81M 77.29%
weighted average shs out	22.94M -	22.94M 0%	21.30M 7.16%	39.99M 87.77%	44.97M 12.46%	45.51M 1.19%
weighted average shs out dil	23.15M -	23.15M 0%	21.30M 7.98%	42.99M 101.84%	44.97M 4.62%	45.51M 1.19%
eps	-1.43 -	-1.75 22.38%	-0.34 80.57%	0.34 200%	-6.35 1,967.65%	-1.42 77.64%
epsdiluted	-1.42 -	-1.73 21.83%	-0.34 80.35%	0.31 191.18%	-6.35 2,148.39%	-1.42 77.64%

COM:HYDROFARM

Hydrofarm

Last Close

0.64

22/11 21:00

Market Cap

30.93M

Beta: -

Volume Today

453.64K

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