HYFM$0.6578-1.47%
Hydrofarm Holdings Group, Inc.
Sector: Wholesale-Miscellaneous Nondurable GoodsIndustry: Agricultural - MachineryCountry: USExchange: Nasdaq
Mkt Cap:$8.81M
Float & O/S:5.7M / 13.39M
Inst Own:2.4%
DilutionScan read 30 of HYDROFARM HOLDINGS GROUP, INC.'s SEC filings and found 4 warrant series, 2 convertibles, 1 shelf registration and 2 completed offerings on file for HYFM. The latest dilution event on file is an offering on Oct 27, 2026. Analysis updated Oct 29, 2026.
Signal8 Summary
HYFM
Delisting risk, forbearance, deep distress
Snapshot
Hydrofarm is a tiny hydroponics-equipment maker in deep financial trouble. FY 2025 revenue fell 29.4% to $134.3M, gross margin collapsed to just 1.6%, and the company lost $289.8M for the year while burning $15.1M in free cash flow.
What's Happening Right Now
- : Q2 2026 revenue fell 40.9% YoY to $23.2M; the company is operating under a forbearance agreement (extended through August 31, 2026) after deferring an interest payment and triggering default on its $114.4M term loan.
- : Hydrofarm sold its Aurora Peat Products subsidiary for $16 million (including a $5 million note) and used proceeds to pay down term-loan debt, while launching a cost/logistics initiative called Project Agility.
- : Nasdaq told Hydrofarm on July 2, 2026 it failed to regain compliance with the minimum stockholders' equity rule, and the company is now appealing to a Nasdaq Hearing Panel; it also got a separate bid-price non-compliance notice on July 6, 2026.
- : At its June 23, 2026 annual meeting, Hydrofarm re-elected a director and stockholders approved executive pay and ratified its auditor.
- : On June 22, 2026, Nasdaq granted Hydrofarm an extension on the stockholders' equity requirement, conditioned on the company signing a strategic transaction and showing compliance by its Q3 2026 filing.
- : Registered $50.00M of securities for sale on Form S-3.
