OverviewSuggest Edit

Hydrofarm is a distributor and manufacturer of controlled environment agriculture equipment and supplies. Its products are used to grow, farm and cultivate cannabis, flowers, fruits, plants, vegetables, grains and herbs in controlled environment settings that allow end-users to control key farming variables including temperature, humidity, CO2, light intensity spectrum, nutrient concentration, and pH.

TypePublic
Founded1977
HQPetaluma, CA, US
Websitehydrofarm.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2020)209
Revenue (FY, 2019)$235.1 M(+11%)
Share Price (May 2021)$60.2(-2%)
Cybersecurity ratingCMore

Key People/Management at Hydrofarm

Bill Toler

Bill Toler

Chairman and CEO
Terence Fitch

Terence Fitch

President
John Lindeman

John Lindeman

Chief Financial Officer
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Hydrofarm Office Locations

Hydrofarm has offices in Petaluma, Denver, Fairless Hills, Lyon Charter Township and in 2 other locations
Petaluma, CA, US (HQ)
2249 S McDowell Blvd Ext
Denver, CO, US
4200 E 50th Ave
Fairless Hills, PA, US
270 Canal Rd
Lyon Charter Township, MI, US
30104 Research Dr, New Hudson
Portland, OR, US
15311 NE Airport Way
Santa Fe Springs, CA, US
12991 Leffingwell Rd
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Hydrofarm Financials and Metrics

Hydrofarm Revenue

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Hydrofarm's revenue was reported to be $235.11 m in FY, 2019 which is a 11% increase from the previous period.
USD

Revenue (FY, 2019)

235.1m

Revenue growth (FY, 2018 - FY, 2019), %

11%

Gross profit (FY, 2019)

27.1m

Gross profit margin (FY, 2019), %

11.5%

Net income (FY, 2019)

(40.1m)

EBIT (FY, 2019)

(26.7m)

Market capitalization (11-May-2021)

2.0b

Closing stock price (11-May-2021)

60.2

Cash (30-Sept-2020)

31.1m

EV

2.1b
Hydrofarm's current market capitalization is $2 b.
USDFY, 2018FY, 2019

Revenue

211.8m235.1m

Revenue growth, %

11%

Cost of goods sold

187.7m208.0m

Gross profit

24.1m27.1m
Annual
USDFY, 2018FY, 2019

Cash

27.9m22.9m

Accounts Receivable

15.6m15.2m

Inventories

53.2m50.2m

Current Assets

100.6m105.0m
Quarterly
USDQ3, 2020

Cash

31.1m

Accounts Receivable

22.5m

Inventories

80.0m

Current Assets

144.9m
Annual
USDFY, 2018FY, 2019

Net Income

(35.5m)(40.1m)

Depreciation and Amortization

8.3m7.0m

Inventories

22.0m2.7m

Accounts Payable

(5.7m)(1.2m)
Quarterly
USDQ3, 2019Q3, 2020

Net Income

(22.4m)2.1m

Depreciation and Amortization

5.2m5.2m

Inventories

(3.7m)(29.7m)

Accounts Payable

7.6m18.1m
USDFY, 2018

Debt/Equity

2.1 x

Debt/Assets

0.6 x

Financial Leverage

3.7 x
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Hydrofarm Operating Metrics

Q3, 2020

SKUs Offered

6 k

Product Categories

5

Locations

9

Trademarks

60
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Hydrofarm Acquisitions / Subsidiaries

Company NameDateDeal Size
Eddi’s Wholesale Garden Supplies, Ltd.
EHH Holdings, LLC
Eltac XXI S.L.
Hydrofarm Canada, LLC
Hydrofarm Holdings LLC
Hydrofarm Investment Corp.
Hydrofarm, LLC
Shenzhen Representative Office of Hydrofarm Inc. (USA)
SunBlaster Holdings, ULC
Sunblaster LLC

Hydrofarm Revenue Breakdown

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Hydrofarm revenue breakdown by geographic segment: 81.4% from United States and 18.6% from Canada

Hydrofarm Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Hydrofarm Online and Social Media Presence

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Hydrofarm News and Updates

Hydrofarm Completes Acquisition of Premium Nutrient Maker HEAVY 16

FAIRLESS HILLS, Pa., May 04, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that it has completed its previously announced acquisition of Field 16, LLC, the manufact…

Hydrofarm Holdings Group Announces Launch of Proposed Public Offering of Common Stock

FAIRLESS HILLS, Pa., April 26, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, today announced that it will commen…

Hydrofarm Enters Into Agreement to Acquire Premium Nutrient Maker HEAVY 16, Announces Preliminary Financial Results for First Quarter 2021

Hydroponics Market Leader to Acquire High-Growth Nutrient Manufacturer to Expand Proprietary Brand Portfolio Hydroponics Market Leader to Acquire High-Growth Nutrient Manufacturer to Expand Proprietary Brand Portfolio

Hydrofarm Holdings Group Releases Growth Outlook for Fiscal 2021 as Controlled Environment Agriculture Market Continues to Expand

Company to Participate at the Truist 2021 Consumer Symposium on February 24, 2021 Company to Participate at the Truist 2021 Consumer Symposium on February 24, 2021

Hydrofarm Holdings Group to Participate at the 23rd Annual ICR Conference

PETALUMA, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading independent branded hydroponics company with a comprehensive distribution platform, today announced that its executive team will participate in a virtual fireside chat at the …

Hydrofarm Holdings Group Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

PETALUMA, Calif., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading independent branded hydroponics company with a comprehensive distribution platform, today announced the closing of its initial public offering of 9,966,667 shares of common st…
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Hydrofarm Frequently Asked Questions

  • When was Hydrofarm founded?

    Hydrofarm was founded in 1977.

  • Who are Hydrofarm key executives?

    Hydrofarm's key executives are Bill Toler, Terence Fitch and John Lindeman.

  • How many employees does Hydrofarm have?

    Hydrofarm has 209 employees.

  • What is Hydrofarm revenue?

    Latest Hydrofarm annual revenue is $235.1 m.

  • What is Hydrofarm revenue per employee?

    Latest Hydrofarm revenue per employee is $1.1 m.

  • Who are Hydrofarm competitors?

    Competitors of Hydrofarm include Omura, Leifheit and Philter.

  • Where is Hydrofarm headquarters?

    Hydrofarm headquarters is located at 2249 S McDowell Blvd Ext, Petaluma.

  • Where are Hydrofarm offices?

    Hydrofarm has offices in Petaluma, Denver, Fairless Hills, Lyon Charter Township and in 2 other locations.

  • How many offices does Hydrofarm have?

    Hydrofarm has 6 offices.