Hudson Technologies (HDSN) financial statements
Hudson Technologies reported revenue of $247M in fiscal 2025, up 9.9% a year over 9 years.
Net income was $17M and the operating margin 7.5%, against 18.0% in 2016.
Free cash flow was -$8M, and the company returned $20M in net buybacks.
The diluted share count rose 27% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hudson Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $105M | $140M | $167M | $162M | $148M | $193M | $325M | $289M | $237M | $247M |
| Cost of revenue | $74M | $102M | $174M | $145M | $112M | $121M | $162M | $178M | $171M | $185M |
| Gross profit | $31M | $38M | -$7M | $17M | $35M | $72M | $163M | $112M | $66M | $62M |
| Selling, general and admin | $12M | $22M | $32M | $30M | $27M | $27M | $29M | $31M | $33M | $40M |
| Operating income | $19M | $15M | -$43M | -$16M | $6M | $42M | $132M | $78M | $29M | $19M |
| Interest expense | $1M | $3M | $15M | $19M | $12M | $11M | $14M | $8M | — | — |
| Pre-tax income | $17M | $12M | -$57M | -$25M | -$5M | $33M | $117M | $70M | $32M | $23M |
| Income tax | $7M | $847,000 | -$2M | $656,000 | -$185,000 | $1M | $13M | $18M | $8M | $6M |
| Net income | $11M | $11M | -$56M | -$26M | -$5M | $32M | $104M | $52M | $24M | $17M |
| EPS (diluted) | $0.30 | $0.26 | -$1.31 | -$0.61 | -$0.12 | $0.69 | $2.20 | $1.10 | $0.52 | $0.37 |
| Diluted shares | 35M | 43M | 42M | 43M | 43M | 47M | 47M | 47M | 47M | 45M |
| Gross margin | 29.5% | 27.1% | -4.4% | 10.6% | 24.0% | 37.2% | 50.1% | 38.6% | 27.7% | 25.2% |
| Operating margin | 18.0% | 10.8% | -25.6% | -9.7% | 4.0% | 21.9% | 40.4% | 27.0% | 12.4% | 7.5% |
| Net margin | 10.1% | 7.9% | -33.4% | -16.0% | -3.5% | 16.7% | 31.9% | 18.1% | 10.3% | 6.8% |
Balance sheet
Fiscal years, from Hudson Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $34M | $5M | $2M | $3M | $1M | $3M | $5M | $12M | $70M | $39M |
| Receivables | $5M | $15M | $14M | $8M | $10M | $14M | $21M | $25M | $14M | $17M |
| Inventory | $69M | $172M | $102M | $59M | $44M | $94M | $145M | $154M | $96M | $136M |
| Total current assets | $108M | $209M | $124M | $74M | $62M | $120M | $177M | $205M | $196M | $211M |
| Property, plant and equipment | $8M | $30M | $27M | $24M | $22M | $20M | $21M | $19M | $22M | $24M |
| Goodwill | $856,000 | $49M | $48M | $48M | $48M | $48M | $48M | $48M | $62M | $65M |
| Total assets | $122M | $321M | $228M | $180M | $162M | $216M | $272M | $297M | $303M | $319M |
| Total current liabilities | $10M | $95M | $60M | $46M | $38M | $64M | $53M | $59M | $48M | $65M |
| Long-term debt | $152,000 | $101M | $98M | $82M | $78M | $73M | $39M | — | — | — |
| Total liabilities | $10M | $198M | $159M | $135M | $121M | $145M | $98M | $68M | $57M | $75M |
| Shareholders' equity | $112M | $123M | $69M | $45M | $41M | $71M | $175M | $229M | $246M | $243M |
| Net debt | -$34M | $97M | $99M | $82M | $84M | $75M | $38M | -$12M | -$70M | -$39M |
Cash flow
Fiscal years, from Hudson Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9M | $18M | $36M | $34M | $12M | -$1M | $63M | $59M | $92M | -$3M |
| Capital spending | $2M | $1M | $1M | $1M | $1M | $2M | $4M | $4M | $5M | $5M |
| Free cash flow | $8M | $17M | $35M | $33M | $10M | -$3M | $59M | $55M | $87M | -$8M |
| Stock-based compensation | $706,000 | $1M | $1M | $2M | $656,000 | $511,000 | $922,000 | $2M | $842,000 | $1M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$8M | -$20M |
| Net borrowing | -$25M | $170M | -$37M | -$31M | -$15M | $8M | -$48M | -$47M | — | — |
| Free cash flow margin | 7.2% | 12.4% | 21.2% | 20.2% | 6.9% | -1.6% | 18.2% | 19.0% | 36.5% | -3.3% |
Questions
What was Hudson Technologies's revenue in 2025?
$247M in fiscal 2025, from its 10-K filing.
How much free cash flow does Hudson Technologies generate?
-$8M in fiscal 2025 (operating cash flow minus capital spending).
From Hudson Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.