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

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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.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue242.33M246.61M237.12M289.02M325.23M192.75M
Cost of Revenue191.45M184.52M171.41M177.52M162.33M121.08M
Gross Profit50.88M62.10M65.71M111.51M162.89M71.66M
Selling, General & Admin42.70M36.24M32.72M30.54M28.59M26.57M
Amortization of Goodwill & Intangibles3.28M3.30M3.39M2.79M2.79M2.79M
Operating Expenses45.98M39.54M36.11M33.34M31.38M29.36M
Operating Income4.91M22.56M29.60M78.17M131.51M42.30M
Interest Expense-8.35M-14.33M-11.38M
Interest & Investment Income729.00K2.53M476.00K
Other Non Operating Income (Expenses)-1.67M-50.00K-5.00K
EBT Excluding Unusual Items3.96M25.09M30.03M69.82M117.18M30.92M
Merger & Restructuring Charges-300.00K
Legal Settlements1.80M
Other Unusual Items-2.40M-2.40M500.00K2.48M
Pretax Income1.56M22.69M32.03M69.82M117.18M33.40M
Income Tax Expense2.88M6.02M7.64M17.57M13.38M1.14M
Net Income-1.32M16.67M24.39M52.25M103.80M32.26M
Net Income to Common-1.32M16.67M24.39M52.25M103.80M32.26M
Shares Outstanding (Basic)42.37M43.59M45.33M45.39M44.99M43.77M
Shares Outstanding (Diluted)42.37M45.11M47.08M47.34M47.11M46.64M
EPS (Basic)-0.030.380.541.152.310.74
EPS (Diluted)-0.040.370.521.102.200.69
Free Cash Flow-31.51M-8.21M86.51M54.97M59.16M-3.15M
Free Cash Flow Per Share-0.74-0.181.841.161.26-0.07
Gross Margin21.00%25.18%27.71%38.58%50.09%37.18%
Operating Margin2.02%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%
EBITDA11.41M28.55M35.99M83.95M137.49M48.48M
EBITDA Margin4.71%11.58%15.18%29.05%42.27%25.16%
D&A For EBITDA6.50M5.99M6.39M5.78M5.98M6.18M
EBIT4.91M22.56M29.60M78.17M131.51M42.30M
EBIT Margin2.02%9.15%12.48%27.05%40.44%21.95%
Effective Tax Rate184.20%26.55%23.85%25.17%11.42%3.41%

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents35.26M39.46M70.13M12.45M5.29M3.49M
Cash & Short-Term Investments35.26M39.46M70.13M12.45M5.29M3.49M
Accounts Receivable29.79M17.10M13.63M25.17M20.87M14.22M
Other Receivables5.47M5.92M6.28M5.44M
Receivables35.26M23.01M19.91M30.61M20.87M14.22M
Inventory131.51M135.92M96.25M154.45M145.38M94.14M
Prepaid Expenses15.64M12.45M9.22M7.49M5.29M8.09M
Total Current Assets217.68M210.84M195.51M205.00M176.83M119.95M
Property, Plant & Equipment26.05M28.91M28.43M25.97M27.91M26.90M
Goodwill65.28M65.28M62.28M47.80M47.80M47.80M
Other Intangible Assets8.84M11.29M14.10M14.77M17.56M20.36M
Other Long-Term Assets1.97M2.32M2.33M3.14M2.39M710.00K
Total Assets319.83M318.65M302.65M296.67M272.49M215.72M
Accounts Payable18.14M21.11M8.69M23.40M14.16M9.62M
Accrued Expenses44.99M18.83M16.02M15.87M18.00M17.92M
Short-Term Debt15.00M
Current Portion of Long-Term Debt4.25M5.25M
Current Portion of Leases2.06M1.96M1.90M1.67M1.38M
Other Current Liabilities1.00M22.60M21.13M17.38M14.54M15.27M
Total Current Liabilities64.13M64.60M47.81M58.55M52.63M64.44M
Long-Term Debt38.98M73.14M
Long-Term Leases2.35M3.23M4.92M4.79M5.76M5.50M
Long-Term Deferred Tax Liabilities6.70M4.03M4.08M4.56M244.00K1.69M
Other Long-Term Liabilities1.13M3.40M
Total Liabilities74.30M75.26M56.80M67.90M97.62M144.78M
Common Stock421.00K416.00K443.00K455.00K453.00K448.00K
Additional Paid-In Capital86.50M91.69M110.79M118.09M116.44M116.31M
Retained Earnings158.60M151.28M134.62M110.23M57.98M-45.82M
Shareholders' Equity245.52M243.39M245.85M228.77M174.88M70.94M
Total Liabilities & Equity319.83M318.65M302.65M296.67M272.49M215.72M
Total Debt2.35M5.29M6.88M6.69M50.67M100.27M
Net Cash (Debt)32.91M34.17M63.26M5.76M-45.37M-96.78M
Net Cash Per Share0.780.761.340.12-0.96-2.07
Filing Date Shares Outstanding42.09M42.47M44.03M45.51M45.33M44.81M
Total Common Shares Outstanding42.09M41.65M44.28M45.50M45.29M44.76M
Working Capital153.55M146.24M147.70M146.44M124.21M55.51M
Book Value Per Share5.835.845.555.033.861.58
Tangible Book Value171.40M166.81M169.47M166.20M109.51M2.78M
Tangible Book Value Per Share4.074.013.833.652.420.06
Land1.25M1.25M1.25M1.25M1.25M
Buildings5.16M5.01M4.91M4.84M4.54M
Machinery40.57M39.03M35.35M32.97M32.37M
Construction In Progress7.25M4.24M2.84M3.53M930.00K
Leasehold Improvements865.00K865.00K865.00K852.00K852.00K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-1.32M16.67M24.39M52.25M103.80M32.26M
Depreciation & Amortization6.50M5.99M6.39M5.78M5.98M6.18M
Other Amortization228.00K228.00K228.00K726.00K1.09M1.12M
Asset Writedown & Restructuring Costs441.00K2.12M
Stock-Based Compensation1.55M1.10M842.00K2.31M922.00K511.00K
Provision & Write-off of Bad Debts86.00K307.00K-766.00K659.00K474.00K44.00K
Other Operating Activities178.00K84.00K2.55M5.48M5.05M-4.94M
Change in Accounts Receivable-4.50M-3.78M12.31M-4.96M-7.12M-4.46M
Change in Inventory-31.50M-40.91M60.25M-6.81M-53.07M-46.88M
Change in Accounts Payable-432.00K20.23M-12.73M9.46M4.53M16.38M
Change in Income Taxes-1.19M368.00K-846.00K-5.28M-630.00K674.00K
Change in Other Net Operating Assets2.13M-3.45M-1.24M-3.18M1.80M-2.12M
Operating Cash Flow-28.28M-3.16M91.81M58.55M62.81M-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 Issued13.00M
Long-Term Debt Issued100.00M
Total Debt Issued100.00M13.00M
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-48.05M7.75M
Issuance of Common Stock1.00K46.00K39.00K182.00K201.00K
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-57.35M5.29M
Net Cash Flow-54.42M-30.68M57.69M7.15M1.80M2.14M
Free Cash Flow-31.51M-8.21M86.51M54.97M59.16M-3.15M
Free Cash Flow Margin-13.00%-3.33%36.48%19.02%18.19%-1.63%
Free Cash Flow Per Share-0.74-0.181.841.161.26-0.07
Levered Free Cash Flow-27.49M-12.95M77.02M37.81M26.38M-13.38M
Unlevered Free Cash Flow-27.71M-13.17M76.80M42.30M34.25M-7.39M
Cash Interest Paid374.00K520.00K690.00K4.47M11.70M10.16M
Cash Income Tax Paid2.96M5.75M8.99M18.54M15.46M128.00K
Change in Working Capital-35.50M-27.54M57.74M-10.78M-54.50M-36.40M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization181.40M294.57M252.21M613.83M456.17M195.23M
Enterprise Value148.49M210.43M201.02M622.18M503.04M278.95M
Last Close Price4.316.855.5813.4910.124.44
PE Ratio17.6710.3411.754.396.05
Forward PE18.1516.8113.9510.588.5516.75
PS Ratio0.751.191.062.121.401.01
PB Ratio0.741.211.032.682.612.75
P/TBV Ratio1.061.771.493.694.1770.25
P/FCF Ratio2.9211.177.71
P/OCF Ratio2.7510.487.26
PEG Ratio0.470.510.390.310.67
EV/Sales Ratio0.610.850.852.151.551.45
EV/EBITDA Ratio13.027.375.597.413.665.75
EV/EBIT Ratio30.279.336.797.963.836.59
EV/FCF Ratio2.3211.328.50
Debt / Equity Ratio0.010.020.030.030.291.41
Debt / EBITDA Ratio0.180.170.180.080.361.94
Debt / FCF Ratio0.080.120.86
Net Debt / Equity Ratio-0.13-0.14-0.26-0.030.261.36
Net Debt / EBITDA Ratio-2.88-1.20-1.76-0.070.332.00
Net Debt / FCF Ratio1.044.16-0.73-0.100.77-30.72
Asset Turnover0.740.790.791.021.331.02
Inventory Turnover1.671.591.371.181.351.75
Quick Ratio1.100.971.880.730.500.28
Current Ratio3.393.264.093.503.361.86
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 / Dilution7.11%4.17%0.55%-0.49%-1.00%-9.20%