HF Foods Group Inc. (HFFG) Income Statement
HFFG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHFFG revenue and net income
Where HFFG's revenue goes
2025Each bar shows an amount and its share of revenue. HFFG kept −3.2% of revenue as net income.
HFFG profit margins
HFFG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.2% | +1.6% | +16.7% | — |
| Gross profit | +1.2% | +0.3% | +15.6% | — |
| Operating income | — | −18.0% | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +128.6% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HFFG quarterly EPS vs estimates
HF Foods beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 9, 2026 (estimate $0.07).
HFFG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.20B | $1.15B | $1.17B | $796.9M | $566.8M | $388.2M | $291.0M | $295.5M | $279.5M |
| Cost of revenue | $1.02B | $996.5M | $944.5M | $965.0M | $645.4M | $466.1M | $325.0M | $241.4M | $251.6M | $243.2M |
| Gross profit | $207.6M | $205.2M | $204.0M | $205.5M | $151.5M | $100.7M | $63.2M | $49.6M | $43.9M | $36.3M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $201.8M | $198.0M | $28.0M | $5.7M | $122.0M | $212.5M | $54.9M | $41.0M | $32.9M | $30.6M |
| Total operating expenses | $201.8M | $244.3M | $195.1M | $195.0M | $767.4M | $444.5M | $54.9M | $41.0M | $32.9M | $30.2M |
| Operating income | $5.8M | −$39.1M | $9.0M | $10.6M | $29.5M | −$343.8M | $3.0M | $8.5M | $11.0M | $5.7M |
| Interest income | — | — | — | — | $133 | $529 | $418,530 | $493,358 | $21,105 | — |
| Interest expense | $11.5M | $11.4M | $11.5M | $7.5M | $4.1M | $4.3M | $1.7M | $1.4M | $1.3M | $0 |
| Income before taxes | −$45.3M | −$46.1M | −$2.6M | $4,000 | $27.3M | −$347.9M | $8.1M | $8.8M | $10.7M | $5.0M |
| Income taxes | −$6.0M | $2.0M | $41,000 | −$231,000 | $4.5M | −$4.7M | $2.2M | $2.5M | $623,266 | $191,922 |
| Net income | −$38.8M | −$48.5M | −$2.2M | $460,000 | $22.1M | −$343.5M | $5.4M | $6.3M | $9.6M | $4.7M |
| EBITDA | −$5.4M | −$8.0M | $34.8M | $32.4M | $50.5M | −$324.7M | $14.8M | $10.7M | $14.0M | $7.6M |
| EPS (diluted) | $0.32 | $0.14 | −$0.04 | $0.00 | $0.43 | −$6.58 | $0.24 | $0.06 | $22.84 | $24.09 |
| Gross margin | 16.9% | 17.1% | 17.8% | 17.6% | 19.0% | 17.8% | 16.3% | 17.0% | 14.9% | 13.0% |
| Operating margin | 0.5% | −3.3% | 0.8% | 0.9% | 3.7% | −60.7% | 0.8% | 2.9% | 3.7% | 2.0% |
| Net margin | −3.2% | −4.0% | −0.2% | 0.0% | 2.8% | −60.6% | 1.4% | 2.2% | 3.3% | 1.7% |
| 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 | $323.8M | $312.0M | $308.0M | $305.8M | $314.9M | $297.5M | $305.3M | $297.6M | $302.3M | $295.7M | $280.9M | $280.6M |
| Cost of revenue | $268.7M | $261.5M | $264.1M | $255.3M | $259.7M | $246.5M | $253.1M | $247.5M | $249.9M | $245.2M | $228.6M | $229.7M |
| Gross profit | $55.0M | $50.5M | $44.0M | $50.4M | $55.1M | $51.0M | $52.2M | $50.2M | $52.5M | $50.4M | $52.3M | $50.9M |
| Sales, general & admin | $52.2M | $49.5M | $51.7M | $49.3M | $51.0M | $49.8M | $96.1M | $49.7M | $7.0M | $8.0M | $7.3M | $48.8M |
| Total operating expenses | $52.2M | $49.5M | $44.5M | $49.3M | $51.0M | $49.8M | $94.3M | $49.7M | $49.8M | $50.5M | $41.0M | $48.8M |
| Operating income | $2.8M | $1.0M | −$579,000 | $1.1M | $4.1M | $1.2M | −$42.2M | $511,000 | $2.6M | −$85,000 | $11.2M | $2.1M |
| Interest expense | $2.9M | $2.8M | $3.1M | $2.9M | $2.8M | $2.6M | $2.8M | $2.6M | $3.1M | $2.8M | $3.0M | $2.7M |
| Income before taxes | $2.8M | $959,000 | −$42.2M | −$1.6M | $1.0M | −$2.5M | −$42.1M | −$5.1M | $1.8M | −$740,000 | $4.8M | $1.9M |
| Income taxes | $218,000 | −$266,000 | −$4.8M | −$760,000 | $521,000 | −$932,000 | $1.8M | −$1.3M | $1.6M | −$181,000 | $2.1M | −$36,000 |
| Net income | $2.6M | $1.2M | −$37.3M | −$1.1M | $1.2M | −$1.6M | −$43.9M | −$3.9M | $17,000 | −$694,000 | $2.7M | $1.9M |
| EBITDA | $13.2M | $11.3M | −$32.0M | $8.6M | $11.1M | $6.9M | −$32.6M | $4.2M | $11.5M | $8.8M | $14.2M | $11.1M |
| EPS (diluted) | $0.11 | $0.06 | $0.05 | $0.08 | $0.12 | $0.07 | $0.11 | $0.04 | $0.00 | −$0.01 | $0.05 | $0.03 |
| Gross margin | 17.0% | 16.2% | 14.3% | 16.5% | 17.5% | 17.1% | 17.1% | 16.9% | 17.4% | 17.1% | 18.6% | 18.1% |
| Operating margin | 0.9% | 0.3% | −0.2% | 0.4% | 1.3% | 0.4% | −13.8% | 0.2% | 0.9% | −0.0% | 4.0% | 0.7% |
| Net margin | 0.8% | 0.4% | −12.1% | −0.4% | 0.4% | −0.6% | −14.4% | −1.3% | 0.0% | −0.2% | 1.0% | 0.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HFFG's financial statements (latest annual report filed March 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HFFG financial results
In fiscal year 2025 (ended December 31, 2025), HF Foods reported revenue of $1.2 billion, up 2.2% from the year before. It had a net loss of $38.8 million, a net profit margin of −3.2%. Diluted earnings per share came to $0.32. Over five years revenue grew at an average rate of 16.7% a year.
See the HFFG stock overview for the latest quote and news, or the HFFG chart for price history and technical indicators.
HFFG income statement FAQ
What is HF Foods's annual revenue?
HF Foods reported total revenue of $1.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 2.2% from $1.2 billion the previous year.
Is HF Foods profitable?
No. HF Foods reported a net loss of $38.8 million in fiscal 2025, a net profit margin of −3.2%; its operating margin was 0.5%.
What is HF Foods's gross margin?
HF Foods's gross margin was 16.9% in fiscal 2025: for every $100 of revenue, HF Foods kept $17 after the direct cost of its products and services.
How fast is HF Foods growing?
Revenue grew 16.7% a year on average over the last five fiscal years, from $566.8 million to $1.2 billion.
What are HF Foods's earnings per share?
HF Foods earned $0.32 per diluted share in fiscal 2025, compared with $0.14 a year earlier.
When will HF Foods report its next earnings?
HF Foods is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does HF Foods's fiscal year end?
HF Foods's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 16, 2026.