Hydrofarm Holdings Group (HYFM) reported second-quarter 2026 net sales of $23.2 million, down 40.9% from $39.2 million a year earlier. Net loss was $10.6 million, or $2.23 per diluted share, compared with a $16.9 million loss, or $3.63 per diluted share, in the prior-year quarter.
Gross profit was $2.6 million, representing an 11.3% gross margin, versus $2.8 million and a 7.1% margin a year earlier. The company completed the sale of Aurora Peat Products on July 31 for $16 million in total consideration.
- GAAP selling, general and administrative expense was $10.1 million, down from $16.1 million.
- Cash from operating activities was $0.1 million during the quarter.
- Cash and cash equivalents totaled $6.2 million as of June 30, 2026, with $0.5 million of restricted cash.
- Term Loan principal outstanding was $114.4 million at quarter-end.
- The company said APP sale proceeds were applied to reduce Term Loan debt, including interest.
$HYFM Hedge Fund Activity
We have seen 4 institutional investors add shares of $HYFM stock to their portfolio, and 10 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC removed 38,840 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $39,616
- GEODE CAPITAL MANAGEMENT, LLC removed 28,928 shares (-46.2%) from their portfolio in Q2 2026, for an estimated $24,580
- JANE STREET GROUP, LLC removed 22,716 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $23,170
- VIRTU FINANCIAL LLC added 14,696 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,487
- XTX TOPCO LTD removed 11,784 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $10,012
- COMPASS ION ADVISORS, LLC added 10,753 shares (+inf%) to their portfolio in Q2 2026, for an estimated $9,136
- UBS GROUP AG added 3,369 shares (+350.2%) to their portfolio in Q2 2026, for an estimated $2,862
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
