Hudson Technologies, Inc. (HDSN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.17	$0.12	-29.4%	—	$78.3M	—
Q1 26	$0.05	$0.01	-80.0%	—	$60.2M	—
Q4 25	-$0.08	-$0.13	-62.5%	—	$44.4M	—
Q3 25	$0.21	$0.27	+28.6%	—	$74M	—
Q2 25	$0.15	$0.23	+53.3%	—	$72.8M	—
Q1 25	$0.01	$0.06	+500.0%	—	$55.3M	—
Q4 24	-$0.02	-$0.06	-200.0%	—	$34.6M	—
Q3 24	$0.16	$0.17	+6.3%	—	$61.9M	—
Q2 24	$0.26	$0.2	-23.1%	—	$75.3M	—
Q1 24	$0.18	$0.2	+11.1%	—	$65.3M	—
Q4 23	$0.07	$0.08	+14.3%	—	$44.9M	—
Q3 23	$0.31	$0.34	+9.7%	—	$76.5M	—
Q2 23	$0.36	$0.41	+13.9%	—	$90.5M	—
Q1 23	$0.27	$0.33	+22.2%	—	$77.2M	—
Q4 22	$0.07	$0.11	+57.1%	—	$47.4M	—
Q3 22	$0.26	$0.62	+138.5%	—	$89.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.38	—	—	$246.6M	—
FY24	—	$0.54	—	—	$237.1M	—
FY23	—	$1.15	—	—	$289M	—
FY22	—	$2.31	—	—	$325.2M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$105.5M	$140.4M	$166.5M	$162.1M	$147.6M	$192.7M	$325.2M	$289M	$237.1M	$246.6M
YoY change	+32.3%	+33.1%	+18.6%	-2.68%	-8.92%	+30.6%	+68.7%	-11.1%	-18%	+4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	105.5M	140.4M	166.5M	162.1M	147.6M	192.7M	325.2M	289M	237.1M	246.6M
Cost of revenue	74.4M	102.4M	173.9M	144.9M	112.2M	121.1M	162.3M	177.5M	171.4M	184.5M
Gross profit	31.1M	38M	-7.4M	17.2M	35.4M	71.7M	162.9M	111.5M	65.7M	62.1M
Gross margin	29.5%	27.1%	-4.42%	10.6%	24%	37.2%	50.1%	38.6%	27.7%	25.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.7M	21.7M	32.3M	30M	26.6M	26.6M	28.6M	30.5M	33M	40.2M
Operating expenses	11.7M	21.7M	32.3M	30M	26.6M	26.6M	28.6M	30.5M	33M	40.2M
Operating income	18.9M	15.1M	-42.6M	-15.8M	5.9M	42.3M	131.5M	78.2M	29.3M	18.6M
Operating margin	18%	10.8%	-25.6%	-9.74%	4%	21.9%	40.4%	27%	12.4%	7.53%
Non-operating income, net	-564K	28K	—	9.4M	1M	2.5M	—	—	2.3M	1.6M
Pretax income	17.3M	12M	-57.4M	-25.3M	-5.4M	33.4M	117.2M	69.8M	32M	22.7M
Income tax	6.6M	847K	-1.7M	656K	-185K	1.1M	13.4M	17.6M	7.6M	6M
Net income	10.6M	11.2M	-55.7M	-25.9M	-5.2M	32.3M	103.8M	52.2M	24.4M	16.7M
Net margin	10.1%	7.95%	-33.4%	-16%	-3.53%	16.7%	31.9%	18.1%	10.3%	6.76%
EBITDA	20.6M	18.5M	-35.5M	-8.2M	13M	51M	137.5M	84M	35.7M	24.6M
EPS	0.31	0.27	-1.31	-0.61	-0.12	0.74	2.31	1.15	0.54	0.38
Diluted EPS	0.3	0.26	-1.31	-0.61	-0.12	0.69	2.2	1.1	0.52	0.37

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	76.5M	44.9M	65.3M	75.3M	61.9M	34.6M	55.3M	72.8M	74M	44.4M	60.2M	78.3M
Cost of revenue	45.9M	30.9M	43.8M	52.7M	46M	28.9M	43.3M	50M	50.3M	40.9M	48.3M	57.7M
Gross profit	30.6M	14M	21.4M	22.6M	15.9M	5.8M	12.1M	22.8M	23.7M	3.5M	11.8M	20.7M
Gross margin	40%	31.1%	32.8%	30%	25.7%	16.7%	21.8%	31.3%	32%	7.98%	19.7%	26.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	6.8M	8.5M	7.9M	9M	8.1M	8M	8.2M	9.3M	8.9M	13.9M	9.5M	12.4M
Operating expenses	6.8M	8.5M	7.9M	9M	8.1M	8M	8.2M	9.3M	8.9M	13.9M	9.5M	12.4M
Operating income	23.1M	4.7M	12.8M	12.8M	7M	-3.2M	3.1M	12.7M	14M	-11.2M	1.5M	7.4M
Operating margin	30.2%	10.6%	19.6%	17%	11.3%	-9.37%	5.56%	17.5%	18.9%	-25.2%	2.43%	9.44%
Non-operating income, net	—	—	—	—	2.3M	0	—	—	1.6M	0	—	—
Pretax income	18.8M	4.5M	12.6M	12.6M	9.5M	-2.7M	3.7M	13.4M	16.4M	-10.7M	1.6M	7.4M
Income tax	5.2M	549K	3M	3.1M	1.7M	-154K	893K	3.2M	4M	-2.1M	1.3M	2.5M
Net income	13.6M	3.9M	9.6M	9.6M	7.8M	-2.6M	2.8M	10.2M	12.4M	-8.6M	330K	4.9M
Net margin	17.8%	8.79%	14.7%	12.7%	12.6%	-7.4%	4.98%	14%	16.7%	-19.4%	0.55%	6.31%
EBITDA	24.5M	6.2M	14.2M	14.4M	8.6M	-3.8M	4.7M	14.3M	15.4M	-9.8M	3.2M	9.1M
EPS	0.3	0.09	0.21	0.21	0.17	-0.06	0.06	0.23	0.28	-0.2	0.01	0.12
Diluted EPS	0.29	0.08	0.2	0.2	0.17	-0.06	0.06	0.23	0.27	-0.2	0.01	0.12

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	273.2M	—	37.8M	41.8M	46.6M	194.3M	455.3M	612.2M	252.9M	298.6M	214.7M
Enterprise value	239.6M	—	165.5M	143.9M	139.1M	291.1M	500.7M	606.5M	189.7M	264.4M	196.3M
Shares outstanding	34.1M	41.8M	42.5M	42.6M	42.7M	43.8M	45M	45.4M	45.3M	43.6M	43.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	25.7	—	—	—	—	6.02	4.39	11.7	10.4	17.9	24.2
P/S	2.59	—	0.23	0.26	0.32	1.01	1.4	2.12	1.07	1.21	0.83
P/B	2.44	—	0.55	0.93	1.15	2.74	2.6	2.68	1.03	1.23	0.88
EV/EBITDA	11.6	—	-4.66	-17.6	10.7	5.71	3.64	7.22	5.32	10.8	8.95
EV/Sales	2.27	—	0.99	0.89	0.94	1.51	1.54	2.1	0.8	1.07	0.76
Earnings yield	3.89%	—	—	—	—	16.6%	22.8%	8.53%	9.64%	5.58%	4.13%
FCF yield	2.79%	—	93.2%	78.6%	21.9%	-1.62%	13%	8.98%	34.2%	-2.75%	-18%
PEG	—	—	—	—	—	—	—	—	—	—	-0.51

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	29.5%	27.1%	-4.42%	10.6%	24%	37.2%	50.1%	38.6%	27.7%	25.2%	26.4%
Operating margin	18%	10.8%	-25.6%	-9.74%	4%	21.9%	40.4%	27%	12.4%	7.53%	9.44%
Net margin	10.1%	7.95%	-33.4%	-16%	-3.53%	16.7%	31.9%	18.1%	10.3%	6.76%	3.51%
ROE	9.5%	9.04%	-80.4%	-57.5%	-12.8%	45.5%	59.4%	22.8%	9.92%	6.85%	3.62%
ROA	8.69%	3.47%	-24.4%	-14.4%	-3.22%	15%	38.1%	17.6%	8.06%	5.23%	3.05%
ROIC	14.9%	4.92%	-21.6%	-10.7%	4.43%	24.4%	52.9%	26.2%	12.2%	6.52%	3.2%
Return on tangible assets	9.32%	7.08%	-75.4%	-79.8%	-26.4%	40.6%	73.2%	30.5%	16.3%	10.1%	5.23%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	10.5	2.19	2.05	1.61	1.65	1.86	3.36	3.5	4.09	3.26	3.23
Quick ratio	3.84	0.38	0.36	0.33	0.47	0.4	0.6	0.86	2.08	1.16	1.33
Debt / equity	0	1.36	1.88	2.32	2.31	1.41	0.29	0.03	0.03	0.02	0.02
Debt / assets	0	0.52	0.57	0.58	0.58	0.46	0.19	0.02	0.02	0.02	0.01
Net debt / EBITDA	-1.63	8.76	-3.6	-12.5	7.1	1.9	0.33	-0.07	-1.77	-1.39	-1.16
Interest coverage	16.4	4.8	-2.89	-0.34	0.56	3.94	9.18	9.36	—	—	—
Effective tax rate	38.4%	7.06%	0%	0%	0%	3.41%	11.4%	25.2%	23.9%	26.5%	38.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.09	3.36	3.92	3.8	3.46	4.4	7.23	6.37	5.23	5.66	6.01
EPS (basic)	0.31	0.27	-1.31	-0.61	-0.12	0.74	2.31	1.15	0.54	0.38	0.38
EPS (diluted)	0.3	0.26	-1.31	-0.61	-0.12	0.69	2.2	1.1	0.52	0.37	0.21
Book value per share	3.28	2.96	1.63	1.06	0.95	1.62	3.89	5.04	5.42	5.58	5.78
FCF per share	0.22	0.42	0.83	0.77	0.24	-0.07	1.31	1.21	1.91	-0.19	-0.82
Cash per share	0.99	0.12	0.05	0.06	0.03	0.08	0.12	0.27	1.55	0.91	0.61
Capex per share	0.05	0.02	0.03	0.02	0.03	0.04	0.08	0.08	0.12	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.64%	0.73%	0.66%	0.62%	1%	1%	1.13%	1.24%	2.24%	—	—
Capex / operating cash flow	19.3%	4.7%	3.15%	2.89%	10.7%	-12.4%	7.12%	7.77%	5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Yield

—

trailing twelve months

Frequency

Weekly

Last dividend

$0.00

ex-dividend Jun 11, 2014

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 11, 2014	$0.00
Jun 5, 2014	$0.00
May 20, 2014	$0.00
May 16, 2014	$0.00
Apr 2, 2014	$0.00

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$76.5M	$44.9M	$65.3M	$75.3M	$61.9M	$34.6M	$55.3M	$72.8M	$74M	$44.4M	$60.2M	$78.3M
YoY change	-14.5%	-5.45%	-15.5%	-16.8%	-19%	-22.8%	-15.2%	-3.23%	+19.5%	+28.2%	+8.69%	+7.54%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	33.9M	5M	2.3M	2.6M	1.3M	3.5M	5.3M	12.4M	70.1M	39.5M
Receivables	4.8M	14.8M	14.1M	8.1M	9.8M	14.2M	20.9M	25.2M	13.6M	17.1M
Inventory	68.6M	172.5M	102M	59.2M	44.5M	94.1M	145.4M	154.4M	96.2M	135.9M
Total current assets	108.2M	208.9M	123.6M	74.4M	62.1M	119.9M	176.8M	205M	195.5M	210.8M
Property, plant & equipment	5.8M	26M	22.9M	27.2M	24M	22.4M	23.1M	21.1M	23.4M	23.8M
Goodwill & intangibles	8.3M	163.8M	154.5M	147.6M	141.9M	136.3M	130.7M	125.1M	152.8M	153.2M
Total assets	122.5M	321.4M	228.3M	180.2M	161.6M	215.7M	272.5M	296.7M	302.7M	318.6M
Accounts payable	5.1M	10.9M	8.7M	10.3M	7.6M	9.6M	14.2M	23.4M	8.7M	21.1M
Short-term debt	199K	66.2M	31.7M	17M	12M	21.6M	5.9M	1.9M	2M	2.1M
Total current liabilities	10.3M	95.4M	60.4M	46.1M	37.8M	64.4M	52.6M	58.6M	47.8M	64.6M
Long-term debt	152K	101.2M	98.3M	87.7M	81.9M	78.6M	44.7M	4.8M	4.9M	3.2M
Total liabilities	10.5M	198M	159.1M	135M	121M	144.8M	97.6M	67.9M	56.8M	75.3M
Shareholders' equity	112M	123.5M	69.2M	45.1M	40.6M	70.9M	174.9M	228.8M	245.8M	243.4M
Total debt	351K	167.4M	129.9M	104.7M	93.9M	100.3M	50.7M	6.7M	6.9M	5.3M
Net debt	-33.6M	162.4M	127.7M	102.1M	92.6M	96.8M	45.4M	-5.8M	-63.3M	-34.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	3.8M	12.4M	10.6M	30.5M	56.5M	70.1M	81M	84.3M	89.7M	39.5M	19.4M	25.6M
Receivables	44.9M	25.2M	35.9M	30.3M	28.5M	13.6M	27.5M	35.9M	25.4M	17.1M	33.5M	43.3M
Inventory	139.2M	154.4M	147.8M	123.7M	103.5M	96.2M	78.3M	77.7M	97.4M	135.9M	130.7M	128.1M
Total current assets	198.1M	205M	203.5M	194.6M	203.5M	195.5M	201.3M	212.6M	234.4M	210.8M	203.1M	218.2M
Property, plant & equipment	22.7M	21.1M	20.7M	19.8M	20.3M	23.4M	23.6M	23.1M	23.2M	23.8M	22.6M	21.6M
Goodwill & intangibles	126.5M	125.1M	123.8M	156.6M	154.8M	152.8M	151.1M	149.5M	147.8M	153.2M	151.4M	149.7M
Total assets	291.4M	296.7M	294.2M	300.9M	309.4M	302.7M	307.9M	317.9M	338.9M	318.6M	308.9M	322.1M
Accounts payable	16.8M	23.4M	13.7M	9.9M	11.1M	8.7M	11.3M	13.2M	20M	21.1M	17.6M	22.4M
Short-term debt	5M	1.9M	1.8M	1.6M	1.5M	2M	2M	2M	2M	2.1M	2.1M	2.1M
Total current liabilities	57.1M	58.6M	47.4M	42.3M	46.6M	47.8M	52.4M	54.8M	64M	64.6M	60.1M	67.5M
Long-term debt	5.2M	4.8M	4.5M	4.2M	3.8M	4.9M	4.4M	3.9M	3.5M	3.2M	3.2M	2.7M
Total liabilities	66.8M	67.9M	55.6M	52.2M	55.5M	56.8M	61.1M	63.1M	73.1M	75.3M	71.2M	78.8M
Shareholders' equity	224.6M	228.8M	238.6M	248.7M	253.9M	245.8M	246.8M	254.8M	265.9M	243.4M	237.7M	243.3M
Total debt	10.2M	6.7M	6.3M	5.8M	5.3M	6.9M	6.4M	6M	5.5M	5.3M	5.3M	4.8M
Net debt	6.4M	-5.8M	-4.3M	-24.7M	-51.2M	-63.3M	-74.6M	-78.3M	-84.1M	-34.2M	-14.1M	-20.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	10.6M	11.2M	-55.7M	-25.9M	-5.2M	32.3M	103.8M	52.2M	24.4M	16.7M
Depreciation & amortization	2.2M	3.4M	7.1M	7.1M	6.1M	6.2M	6M	5.8M	6.4M	6M
Stock-based compensation	706K	1.5M	1.4M	1.8M	656K	511K	922K	2.3M	842K	1.1M
Change in working capital	-6.4M	660K	52.9M	49.7M	15.8M	-50.7M	-60.8M	-17M	71.6M	-44.3M
Operating cash flow	9M	21.8M	34.6M	35M	13.7M	-15.5M	51.4M	46.1M	106M	-3.2M
Capital expenditure	-1.7M	-1M	-1.1M	-1M	-1.5M	-1.9M	-3.7M	-3.6M	-5.3M	—
Investing cash flow	-1.7M	-210M	-1.1M	-1M	-470K	-1.9M	-3.7M	-3.6M	-26M	-2.2M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	-8.1M	-20M
Financing cash flow	4.8M	162.7M	-74M	-47.5M	-12.5M	5.3M	-57.4M	-47.8M	-8.2M	-20.2M
Net change in cash	12.1M	-25.5M	-40.5M	-13.5M	760K	-12.2M	-9.6M	-5.3M	71.9M	-25.6M
Free cash flow	7.6M	17.3M	35.2M	32.8M	10.2M	-3.1M	59.2M	55M	86.5M	-8.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	13.6M	3.9M	9.6M	9.6M	7.8M	-2.6M	2.8M	10.2M	12.4M	-8.6M	330K	4.9M
Depreciation & amortization	1.4M	1.5M	1.4M	1.6M	1.6M	1.7M	1.6M	1.6M	1.4M	1.4M	1.7M	1.7M
Stock-based compensation	242K	245K	279K	472K	57K	34K	45K	493K	93K	469K	170K	677K
Change in working capital	-2M	9M	-11.8M	30.3M	19.1M	18.4M	8.8M	-3M	-10.5M	-32.9M	-11.9M	-502K
Operating cash flow	13.6M	14.7M	-956K	44.1M	29.8M	17.4M	14M	6.4M	8.8M	-32.5M	-12.8M	6.8M
Capital expenditure	-1.4M	-1.4M	-960K	-1.1M	-1.7M	-1.5M	-1.4M	—	—	—	—	—
Investing cash flow	-1.4M	-1.4M	-960K	-1.1M	-1.7M	-1.5M	-1.4M	—	0	-2.2M	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	-2.6M	-5.5M	-1.8M	-2.7M	-1.3M	-14.2M	-2.5M	0
Financing cash flow	-28.5M	-5M	-2K	0	-2.6M	-5.5M	-1.8M	-2.7M	-1.2M	-14.3M	-6.2M	-39K
Net change in cash	-16.3M	8.3M	-1.9M	43M	25.5M	10.3M	10.7M	3.7M	7.6M	-49.1M	-19M	6.8M
Free cash flow	20.9M	13.7M	-1.9M	40.6M	28.6M	19.2M	12.7M	5.9M	6.7M	-33.7M	-13.9M	6.3M

Hudson Technologies, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement