Hudson Technologies, Inc. (HDSN) Income Statement
HDSN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHDSN revenue and net income
Where HDSN's revenue goes
2025Each bar shows an amount and its share of revenue. HDSN kept 6.8% of revenue as net income.
HDSN profit margins
HDSN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.0% | −8.8% | +10.8% | +12.0% |
| Gross profit | −5.5% | −27.5% | +11.9% | +12.9% |
| Operating income | −36.7% | −47.9% | +25.7% | +8.5% |
| Net income | −31.7% | −45.6% | — | +13.3% |
| EPS (diluted) | −15.7% | −39.1% | — | +11.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HDSN quarterly EPS vs estimates
Hudson Technologies beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.11).
HDSN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $246.6M | $237.1M | $289.0M | $325.2M | $192.7M | $147.6M | $162.1M | $166.5M | $140.4M | $105.5M |
| Cost of revenue | $184.5M | $171.4M | $177.5M | $162.3M | $121.1M | $112.2M | $144.9M | $173.9M | $102.4M | $74.4M |
| Gross profit | $62.1M | $65.7M | $111.5M | $162.9M | $71.7M | $35.4M | $17.2M | −$7.4M | $38.0M | $31.1M |
| Sales, general & admin | $40.2M | $33.0M | $29.5M | $28.6M | $26.6M | $26.6M | $30.0M | $32.3M | $15.3M | $12.1M |
| Total operating expenses | $43.5M | $36.4M | $33.3M | $31.4M | $29.4M | $29.5M | $32.9M | $35.2M | $22.9M | $12.1M |
| Operating income | $18.6M | $29.3M | $78.2M | $131.5M | $42.3M | $5.9M | −$15.8M | −$42.6M | $15.1M | $18.9M |
| Interest income | — | $476,000 | — | — | — | — | $18.9M | $14.8M | $3.2M | $1.1M |
| Interest expense | $2.0M | $476,000 | $8.4M | $14.3M | $11.4M | $12.3M | $18.9M | $14.8M | $3.2M | $1.1M |
| Income before taxes | $22.7M | $32.0M | $69.8M | $117.2M | $33.4M | −$5.4M | −$25.3M | −$57.4M | $12.0M | $17.3M |
| Income taxes | $6.0M | $7.6M | $17.6M | $13.4M | $1.1M | −$185,000 | $656,000 | −$1.7M | $847,000 | $6.6M |
| Net income | $16.7M | $24.4M | $52.2M | $103.8M | $32.3M | −$5.2M | −$25.9M | −$55.7M | $11.2M | $10.6M |
| EBITDA | $28.7M | $38.4M | $84.0M | $137.5M | $51.0M | $13.0M | −$3.4M | −$39.6M | $16.3M | $18.4M |
| EPS (diluted) | $0.43 | $0.51 | $1.16 | $1.90 | $0.69 | −$0.12 | −$0.60 | −$0.52 | $0.28 | $0.32 |
| Gross margin | 25.2% | 27.7% | 38.6% | 50.1% | 37.2% | 24.0% | 10.6% | −4.4% | 27.1% | 29.5% |
| Operating margin | 7.5% | 12.4% | 27.0% | 40.4% | 21.9% | 4.0% | −9.7% | −25.6% | 10.8% | 18.0% |
| Net margin | 6.8% | 10.3% | 18.1% | 31.9% | 16.7% | −3.5% | −16.0% | −33.4% | 7.9% | 10.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $78.3M | $60.2M | $44.4M | $74.0M | $72.8M | $55.3M | $34.6M | $61.9M | $75.3M | $65.2M | $44.9M | $76.5M |
| Cost of revenue | $57.7M | $48.3M | $40.9M | $50.3M | $50.0M | $43.3M | $28.9M | $46.0M | $52.7M | $43.8M | $30.9M | $45.9M |
| Gross profit | $20.7M | $11.8M | $3.5M | $23.7M | $22.8M | $12.1M | $5.8M | $15.9M | $22.6M | $21.4M | $14.0M | $30.6M |
| Sales, general & admin | $12.4M | $9.5M | $13.9M | $8.9M | $9.3M | $8.2M | $8.0M | $8.1M | $9.0M | $7.9M | $15.2M | $6.8M |
| Total operating expenses | $13.3M | $10.4M | $14.8M | $9.7M | $10.1M | $9.0M | $9.0M | $9.0M | $9.8M | $8.6M | $9.2M | $7.5M |
| Operating income | $7.4M | $1.5M | −$11.2M | $14.0M | $12.7M | $3.1M | −$3.2M | $7.0M | $12.8M | $12.8M | $4.7M | $23.1M |
| Interest income | $47,000 | $133,000 | — | $792,000 | $651,000 | $576,000 | — | $315,000 | — | — | — | — |
| Interest expense | — | — | — | $792,000 | $651,000 | $576,000 | — | $315,000 | $152,000 | $214,000 | $246,000 | $4.4M |
| Income before taxes | $7.4M | $1.6M | −$10.7M | $16.4M | $13.4M | $3.7M | −$2.7M | $9.5M | $12.6M | $12.6M | $4.5M | $18.8M |
| Income taxes | $2.5M | $1.3M | −$2.1M | $4.0M | $3.2M | $893,000 | −$154,000 | $1.7M | $3.1M | $3.0M | $549,000 | $5.2M |
| Net income | $4.9M | $330,000 | −$8.6M | $12.4M | $10.2M | $2.8M | −$2.6M | $7.8M | $9.6M | $9.6M | $3.9M | $13.6M |
| EBITDA | $9.2M | $3.3M | −$9.3M | $18.6M | $14.9M | $5.2M | −$3.8M | $11.2M | $14.4M | $14.2M | $6.2M | $24.5M |
| EPS (diluted) | $0.12 | $0.01 | −$0.13 | $0.27 | $0.23 | $0.06 | −$0.06 | $0.17 | $0.20 | $0.20 | $0.08 | $0.34 |
| Gross margin | 26.4% | 19.7% | 8.0% | 32.0% | 31.3% | 21.8% | 16.7% | 25.7% | 30.0% | 32.8% | 31.1% | 40.0% |
| Operating margin | 9.4% | 2.4% | −25.2% | 18.9% | 17.5% | 5.6% | −9.4% | 11.3% | 17.0% | 19.6% | 10.6% | 30.2% |
| Net margin | 6.3% | 0.5% | −19.4% | 16.7% | 14.0% | 5.0% | −7.4% | 12.6% | 12.7% | 14.7% | 8.8% | 17.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HDSN's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HDSN financial results
In fiscal year 2025 (ended December 31, 2025), Hudson Technologies reported revenue of $246.6 million, up 4.0% from the year before. It had net income of $16.7 million (down 31.7%), a net profit margin of 6.8%. Diluted earnings per share came to $0.43. Over five years revenue grew at an average rate of 10.8% a year.
See the HDSN stock overview for the latest quote and news, or the HDSN chart for price history and technical indicators.
HDSN income statement FAQ
What is Hudson Technologies's annual revenue?
Hudson Technologies reported total revenue of $246.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 4.0% from $237.1 million the previous year.
Is Hudson Technologies profitable?
Yes. Hudson Technologies reported net income of $16.7 million in fiscal 2025, a net profit margin of 6.8%; its operating margin was 7.5%.
What is Hudson Technologies's gross margin?
Hudson Technologies's gross margin was 25.2% in fiscal 2025: for every $100 of revenue, Hudson Technologies kept $25 after the direct cost of its products and services.
How fast is Hudson Technologies growing?
Revenue grew 10.8% a year on average over the last five fiscal years, from $147.6 million to $246.6 million.
What are Hudson Technologies's earnings per share?
Hudson Technologies earned $0.43 per diluted share in fiscal 2025, compared with $0.51 a year earlier.
When will Hudson Technologies report its next earnings?
Hudson Technologies is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Hudson Technologies's fiscal year end?
Hudson Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.