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Stocks Comparison

Hydrofarm vs Natural Health Trends: revenue, profit, margins and growth compared

Hydrofarm brought in $134.3M of revenue in fiscal 2025, Natural Health Trends $39.8M in fiscal 2025. Revenue changed by -29.4% at Hydrofarm and -7.4% at Natural Health Trends on the year before, so Natural Health Trends grew faster. Hydrofarm kept -215.9% of its revenue as net profit, Natural Health Trends -2.2%. Free cash flow was -$15.1M at Hydrofarm and -$6.1M at Natural Health Trends.

Side by side, latest fiscal year

HYFMNHTC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$134.3M$39.8M
Revenue growth-29.4%-7.4%
Net income-$289.8M-$882K
Net margin-215.9%-2.2%
Free cash flow-$15.1M-$6.1M
Free cash flow margin-11.2%-15.2%
Earnings per share (diluted)-$62.35-$0.08
Cash$6.3M$6.8M
Debt$111.9Mn/a
Price to earningsn/an/a
Market value$4.7M$7.7M
Dividend yieldn/a88.79%
Rank by revenue in sector#700 of 955 · Consumer discretionary#780 of 955 · Consumer discretionary

Over the years

Revenue
HYFM FY2019: $235.1MHYFM FY2021: $342.2MHYFM FY2021: $479.4MHYFM FY2022: $344.5MHYFM FY2023: $226.6MHYFM FY2024: $190.3MHYFM FY2025: $134.3MNHTC FY2018: $191.9MNHTC FY2019: $77.6MNHTC FY2020: $62.1MNHTC FY2021: $60MNHTC FY2022: $49.1MNHTC FY2023: $43.9MNHTC FY2024: $43MNHTC FY2025: $39.8MFY18FY19FY20FY21FY22FY23FY24FY25
HYFM $134.3MNHTC $39.8M
Net income
HYFM FY2019: -$40.1MHYFM FY2021: -$7.3MHYFM FY2021: $13.4MHYFM FY2022: -$285.4MHYFM FY2023: -$64.8MHYFM FY2024: -$66.7MHYFM FY2025: -$289.8MNHTC FY2018: $31MNHTC FY2019: -$5.6MNHTC FY2020: $843KNHTC FY2021: $1.1MNHTC FY2022: $313KNHTC FY2023: $568KNHTC FY2024: $572KNHTC FY2025: -$882KFY18FY19FY20FY21FY22FY23FY24FY25
HYFM -$289.8MNHTC -$882K
Net margin
HYFM FY2019: -17.0%HYFM FY2021: -2.1%HYFM FY2021: 2.8%HYFM FY2022: -82.8%HYFM FY2023: -28.6%HYFM FY2024: -35.1%HYFM FY2025: -215.9%NHTC FY2018: 16.2%NHTC FY2019: -7.2%NHTC FY2020: 1.4%NHTC FY2021: 1.8%NHTC FY2022: 0.6%NHTC FY2023: 1.3%NHTC FY2024: 1.3%NHTC FY2025: -2.2%FY18FY19FY20FY21FY22FY23FY24FY25
HYFM -215.9%NHTC -2.2%
Revenue growth
HYFM FY2021: +45.6%HYFM FY2021: +40.1%HYFM FY2022: -28.1%HYFM FY2023: -34.2%HYFM FY2024: -16.0%HYFM FY2025: -29.4%NHTC FY2019: -59.6%NHTC FY2020: -20.0%NHTC FY2021: -3.3%NHTC FY2022: -18.1%NHTC FY2023: -10.6%NHTC FY2024: -2.2%NHTC FY2025: -7.4%FY19FY20FY21FY22FY23FY24FY25
HYFM -29.4%NHTC -7.4%
Free cash flow
HYFM FY2019: -$14.1MHYFM FY2021: -$46.3MHYFM FY2021: -$50.5MHYFM FY2022: $13.8MHYFM FY2023: $2.8MHYFM FY2024: -$3.2MHYFM FY2025: -$15.1MNHTC FY2018: $29.5MNHTC FY2019: -$18.8MNHTC FY2020: $1.7MNHTC FY2021: $791KNHTC FY2022: -$5MNHTC FY2023: -$4.3MNHTC FY2024: -$3.4MNHTC FY2025: -$6.1MFY18FY19FY20FY21FY22FY23FY24FY25
HYFM -$15.1MNHTC -$6.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Hydrofarm and Natural Health Trends

Which is bigger by revenue, Hydrofarm or Natural Health Trends?

Hydrofarm is bigger by revenue: $134.3M in fiscal 2025, against $39.8M for Natural Health Trends in fiscal 2025.

Which keeps more of its revenue as profit, Hydrofarm or Natural Health Trends?

Hydrofarm had a net margin of -215.9% in fiscal 2025; Natural Health Trends had -2.2% in fiscal 2025.

Which grew revenue faster, Hydrofarm or Natural Health Trends?

In their latest fiscal years revenue changed by -29.4% at Hydrofarm and -7.4% at Natural Health Trends.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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