NASDAQ : HDSN
Hudson Technologies, Inc. — Financial statements
Materials · Specialty Chemicals · United States
Last price 4.42 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 186.03M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hudson Technologies, Inc. (HDSN) reported revenue of 242.33M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 242.33M | 246.61M | 237.12M | 289.02M | 325.23M | 192.75M |
| Cost of Revenue | 191.45M | 184.52M | 171.41M | 177.52M | 162.33M | 121.08M |
| Gross Profit | 50.88M | 62.10M | 65.71M | 111.51M | 162.89M | 71.66M |
| Selling, General & Admin | 42.70M | 36.24M | 32.72M | 30.54M | 28.59M | 26.57M |
| Amortization of Goodwill & Intangibles | 3.28M | 3.30M | 3.39M | 2.79M | 2.79M | 2.79M |
| Operating Expenses | 45.98M | 39.54M | 36.11M | 33.34M | 31.38M | 29.36M |
| Operating Income | 4.91M | 22.56M | 29.60M | 78.17M | 131.51M | 42.30M |
| Interest Expense | -8.35M | -14.33M | -11.38M | |||
| Interest & Investment Income | 729.00K | 2.53M | 476.00K | |||
| Other Non Operating Income (Expenses) | -1.67M | -50.00K | -5.00K | |||
| EBT Excluding Unusual Items | 3.96M | 25.09M | 30.03M | 69.82M | 117.18M | 30.92M |
| Merger & Restructuring Charges | -300.00K | |||||
| Legal Settlements | 1.80M | |||||
| Other Unusual Items | -2.40M | -2.40M | 500.00K | 2.48M | ||
| Pretax Income | 1.56M | 22.69M | 32.03M | 69.82M | 117.18M | 33.40M |
| Income Tax Expense | 2.88M | 6.02M | 7.64M | 17.57M | 13.38M | 1.14M |
| Net Income | -1.32M | 16.67M | 24.39M | 52.25M | 103.80M | 32.26M |
| Net Income to Common | -1.32M | 16.67M | 24.39M | 52.25M | 103.80M | 32.26M |
| Shares Outstanding (Basic) | 42.37M | 43.59M | 45.33M | 45.39M | 44.99M | 43.77M |
| Shares Outstanding (Diluted) | 42.37M | 45.11M | 47.08M | 47.34M | 47.11M | 46.64M |
| EPS (Basic) | -0.03 | 0.38 | 0.54 | 1.15 | 2.31 | 0.74 |
| EPS (Diluted) | -0.04 | 0.37 | 0.52 | 1.10 | 2.20 | 0.69 |
| Free Cash Flow | -31.51M | -8.21M | 86.51M | 54.97M | 59.16M | -3.15M |
| Free Cash Flow Per Share | -0.74 | -0.18 | 1.84 | 1.16 | 1.26 | -0.07 |
| Gross Margin | 21.00% | 25.18% | 27.71% | 38.58% | 50.09% | 37.18% |
| Operating Margin | 2.02% | 9.15% | 12.48% | 27.05% | 40.44% | 21.95% |
| Profit Margin | -0.54% | 6.76% | 10.29% | 18.08% | 31.92% | 16.74% |
| Free Cash Flow Margin | -13.00% | -3.33% | 36.48% | 19.02% | 18.19% | -1.63% |
| EBITDA | 11.41M | 28.55M | 35.99M | 83.95M | 137.49M | 48.48M |
| EBITDA Margin | 4.71% | 11.58% | 15.18% | 29.05% | 42.27% | 25.16% |
| D&A For EBITDA | 6.50M | 5.99M | 6.39M | 5.78M | 5.98M | 6.18M |
| EBIT | 4.91M | 22.56M | 29.60M | 78.17M | 131.51M | 42.30M |
| EBIT Margin | 2.02% | 9.15% | 12.48% | 27.05% | 40.44% | 21.95% |
| Effective Tax Rate | 184.20% | 26.55% | 23.85% | 25.17% | 11.42% | 3.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 35.26M | 39.46M | 70.13M | 12.45M | 5.29M | 3.49M |
| Cash & Short-Term Investments | 35.26M | 39.46M | 70.13M | 12.45M | 5.29M | 3.49M |
| Accounts Receivable | 29.79M | 17.10M | 13.63M | 25.17M | 20.87M | 14.22M |
| Other Receivables | 5.47M | 5.92M | 6.28M | 5.44M | ||
| Receivables | 35.26M | 23.01M | 19.91M | 30.61M | 20.87M | 14.22M |
| Inventory | 131.51M | 135.92M | 96.25M | 154.45M | 145.38M | 94.14M |
| Prepaid Expenses | 15.64M | 12.45M | 9.22M | 7.49M | 5.29M | 8.09M |
| Total Current Assets | 217.68M | 210.84M | 195.51M | 205.00M | 176.83M | 119.95M |
| Property, Plant & Equipment | 26.05M | 28.91M | 28.43M | 25.97M | 27.91M | 26.90M |
| Goodwill | 65.28M | 65.28M | 62.28M | 47.80M | 47.80M | 47.80M |
| Other Intangible Assets | 8.84M | 11.29M | 14.10M | 14.77M | 17.56M | 20.36M |
| Other Long-Term Assets | 1.97M | 2.32M | 2.33M | 3.14M | 2.39M | 710.00K |
| Total Assets | 319.83M | 318.65M | 302.65M | 296.67M | 272.49M | 215.72M |
| Accounts Payable | 18.14M | 21.11M | 8.69M | 23.40M | 14.16M | 9.62M |
| Accrued Expenses | 44.99M | 18.83M | 16.02M | 15.87M | 18.00M | 17.92M |
| Short-Term Debt | 15.00M | |||||
| Current Portion of Long-Term Debt | 4.25M | 5.25M | ||||
| Current Portion of Leases | 2.06M | 1.96M | 1.90M | 1.67M | 1.38M | |
| Other Current Liabilities | 1.00M | 22.60M | 21.13M | 17.38M | 14.54M | 15.27M |
| Total Current Liabilities | 64.13M | 64.60M | 47.81M | 58.55M | 52.63M | 64.44M |
| Long-Term Debt | 38.98M | 73.14M | ||||
| Long-Term Leases | 2.35M | 3.23M | 4.92M | 4.79M | 5.76M | 5.50M |
| Long-Term Deferred Tax Liabilities | 6.70M | 4.03M | 4.08M | 4.56M | 244.00K | 1.69M |
| Other Long-Term Liabilities | 1.13M | 3.40M | ||||
| Total Liabilities | 74.30M | 75.26M | 56.80M | 67.90M | 97.62M | 144.78M |
| Common Stock | 421.00K | 416.00K | 443.00K | 455.00K | 453.00K | 448.00K |
| Additional Paid-In Capital | 86.50M | 91.69M | 110.79M | 118.09M | 116.44M | 116.31M |
| Retained Earnings | 158.60M | 151.28M | 134.62M | 110.23M | 57.98M | -45.82M |
| Shareholders' Equity | 245.52M | 243.39M | 245.85M | 228.77M | 174.88M | 70.94M |
| Total Liabilities & Equity | 319.83M | 318.65M | 302.65M | 296.67M | 272.49M | 215.72M |
| Total Debt | 2.35M | 5.29M | 6.88M | 6.69M | 50.67M | 100.27M |
| Net Cash (Debt) | 32.91M | 34.17M | 63.26M | 5.76M | -45.37M | -96.78M |
| Net Cash Per Share | 0.78 | 0.76 | 1.34 | 0.12 | -0.96 | -2.07 |
| Filing Date Shares Outstanding | 42.09M | 42.47M | 44.03M | 45.51M | 45.33M | 44.81M |
| Total Common Shares Outstanding | 42.09M | 41.65M | 44.28M | 45.50M | 45.29M | 44.76M |
| Working Capital | 153.55M | 146.24M | 147.70M | 146.44M | 124.21M | 55.51M |
| Book Value Per Share | 5.83 | 5.84 | 5.55 | 5.03 | 3.86 | 1.58 |
| Tangible Book Value | 171.40M | 166.81M | 169.47M | 166.20M | 109.51M | 2.78M |
| Tangible Book Value Per Share | 4.07 | 4.01 | 3.83 | 3.65 | 2.42 | 0.06 |
| Land | 1.25M | 1.25M | 1.25M | 1.25M | 1.25M | |
| Buildings | 5.16M | 5.01M | 4.91M | 4.84M | 4.54M | |
| Machinery | 40.57M | 39.03M | 35.35M | 32.97M | 32.37M | |
| Construction In Progress | 7.25M | 4.24M | 2.84M | 3.53M | 930.00K | |
| Leasehold Improvements | 865.00K | 865.00K | 865.00K | 852.00K | 852.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.32M | 16.67M | 24.39M | 52.25M | 103.80M | 32.26M |
| Depreciation & Amortization | 6.50M | 5.99M | 6.39M | 5.78M | 5.98M | 6.18M |
| Other Amortization | 228.00K | 228.00K | 228.00K | 726.00K | 1.09M | 1.12M |
| Asset Writedown & Restructuring Costs | 441.00K | 2.12M | ||||
| Stock-Based Compensation | 1.55M | 1.10M | 842.00K | 2.31M | 922.00K | 511.00K |
| Provision & Write-off of Bad Debts | 86.00K | 307.00K | -766.00K | 659.00K | 474.00K | 44.00K |
| Other Operating Activities | 178.00K | 84.00K | 2.55M | 5.48M | 5.05M | -4.94M |
| Change in Accounts Receivable | -4.50M | -3.78M | 12.31M | -4.96M | -7.12M | -4.46M |
| Change in Inventory | -31.50M | -40.91M | 60.25M | -6.81M | -53.07M | -46.88M |
| Change in Accounts Payable | -432.00K | 20.23M | -12.73M | 9.46M | 4.53M | 16.38M |
| Change in Income Taxes | -1.19M | 368.00K | -846.00K | -5.28M | -630.00K | 674.00K |
| Change in Other Net Operating Assets | 2.13M | -3.45M | -1.24M | -3.18M | 1.80M | -2.12M |
| Operating Cash Flow | -28.28M | -3.16M | 91.81M | 58.55M | 62.81M | -1.23M |
| Capital Expenditures | -3.23M | -5.05M | -5.30M | -3.58M | -3.66M | -1.92M |
| Cash Acquisitions | -2.24M | -2.24M | -20.67M | |||
| Other Investing Activities | -71.00K | |||||
| Investing Cash Flow | -5.54M | -7.29M | -25.97M | -3.58M | -3.66M | -1.92M |
| Short-Term Debt Issued | 13.00M | |||||
| Long-Term Debt Issued | 100.00M | |||||
| Total Debt Issued | 100.00M | 13.00M | ||||
| Long-Term Debt Repaid | -47.16M | -148.05M | -5.25M | |||
| Total Debt Repaid | -47.16M | -148.05M | -5.25M | |||
| Net Debt Issued (Repaid) | -47.16M | -48.05M | 7.75M | |||
| Issuance of Common Stock | 1.00K | 46.00K | 39.00K | 182.00K | 201.00K | |
| Repurchase of Common Stock | -20.60M | -20.27M | -8.15M | |||
| Other Financing Activities | -7.00K | -694.00K | -9.48M | -2.65M | ||
| Financing Cash Flow | -20.60M | -20.23M | -8.15M | -47.82M | -57.35M | 5.29M |
| Net Cash Flow | -54.42M | -30.68M | 57.69M | 7.15M | 1.80M | 2.14M |
| Free Cash Flow | -31.51M | -8.21M | 86.51M | 54.97M | 59.16M | -3.15M |
| Free Cash Flow Margin | -13.00% | -3.33% | 36.48% | 19.02% | 18.19% | -1.63% |
| Free Cash Flow Per Share | -0.74 | -0.18 | 1.84 | 1.16 | 1.26 | -0.07 |
| Levered Free Cash Flow | -27.49M | -12.95M | 77.02M | 37.81M | 26.38M | -13.38M |
| Unlevered Free Cash Flow | -27.71M | -13.17M | 76.80M | 42.30M | 34.25M | -7.39M |
| Cash Interest Paid | 374.00K | 520.00K | 690.00K | 4.47M | 11.70M | 10.16M |
| Cash Income Tax Paid | 2.96M | 5.75M | 8.99M | 18.54M | 15.46M | 128.00K |
| Change in Working Capital | -35.50M | -27.54M | 57.74M | -10.78M | -54.50M | -36.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 181.40M | 294.57M | 252.21M | 613.83M | 456.17M | 195.23M |
| Enterprise Value | 148.49M | 210.43M | 201.02M | 622.18M | 503.04M | 278.95M |
| Last Close Price | 4.31 | 6.85 | 5.58 | 13.49 | 10.12 | 4.44 |
| PE Ratio | 17.67 | 10.34 | 11.75 | 4.39 | 6.05 | |
| Forward PE | 18.15 | 16.81 | 13.95 | 10.58 | 8.55 | 16.75 |
| PS Ratio | 0.75 | 1.19 | 1.06 | 2.12 | 1.40 | 1.01 |
| PB Ratio | 0.74 | 1.21 | 1.03 | 2.68 | 2.61 | 2.75 |
| P/TBV Ratio | 1.06 | 1.77 | 1.49 | 3.69 | 4.17 | 70.25 |
| P/FCF Ratio | 2.92 | 11.17 | 7.71 | |||
| P/OCF Ratio | 2.75 | 10.48 | 7.26 | |||
| PEG Ratio | 0.47 | 0.51 | 0.39 | 0.31 | 0.67 | |
| EV/Sales Ratio | 0.61 | 0.85 | 0.85 | 2.15 | 1.55 | 1.45 |
| EV/EBITDA Ratio | 13.02 | 7.37 | 5.59 | 7.41 | 3.66 | 5.75 |
| EV/EBIT Ratio | 30.27 | 9.33 | 6.79 | 7.96 | 3.83 | 6.59 |
| EV/FCF Ratio | 2.32 | 11.32 | 8.50 | |||
| Debt / Equity Ratio | 0.01 | 0.02 | 0.03 | 0.03 | 0.29 | 1.41 |
| Debt / EBITDA Ratio | 0.18 | 0.17 | 0.18 | 0.08 | 0.36 | 1.94 |
| Debt / FCF Ratio | 0.08 | 0.12 | 0.86 | |||
| Net Debt / Equity Ratio | -0.13 | -0.14 | -0.26 | -0.03 | 0.26 | 1.36 |
| Net Debt / EBITDA Ratio | -2.88 | -1.20 | -1.76 | -0.07 | 0.33 | 2.00 |
| Net Debt / FCF Ratio | 1.04 | 4.16 | -0.73 | -0.10 | 0.77 | -30.72 |
| Asset Turnover | 0.74 | 0.79 | 0.79 | 1.02 | 1.33 | 1.02 |
| Inventory Turnover | 1.67 | 1.59 | 1.37 | 1.18 | 1.35 | 1.75 |
| Quick Ratio | 1.10 | 0.97 | 1.88 | 0.73 | 0.50 | 0.28 |
| Current Ratio | 3.39 | 3.26 | 4.09 | 3.50 | 3.36 | 1.86 |
| Return on Equity (ROE) | -0.52% | 6.81% | 10.28% | 25.89% | 84.45% | 57.83% |
| Return on Assets (ROA) | 0.93% | 4.54% | 6.17% | 17.17% | 33.67% | 14.01% |
| Return on Invested Capital (ROIC) | -1.90% | 8.46% | 11.11% | 26.39% | 60.05% | 27.16% |
| Return on Capital Employed (ROCE) | 1.90% | 8.90% | 11.60% | 32.80% | 59.80% | 28.00% |
| Earnings Yield | -0.82% | 5.66% | 9.67% | 8.51% | 22.75% | 16.52% |
| FCF Yield | -17.37% | -2.79% | 34.30% | 8.96% | 12.97% | -1.61% |
| Buyback Yield / Dilution | 7.11% | 4.17% | 0.55% | -0.49% | -1.00% | -9.20% |