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8-K ·Filed Mar 4, 2026

HDSN

HUDSON TECHNOLOGIES INC /NY
MIXED
Impact 6/10
Horizonweeks Processed7mo ago SEC0001104659-26-023461
8-K Item 2.02: Earnings release
Actionable Insight ◆ Mixed

The strong revenue growth and strategic acquisition are positive, but declining profitability and cash balance raise concerns. The $20 million share repurchase shows confidence, but traders should monitor the ERP implementation impact on Q1 2026 revenues and whether cost synergies from the acquisition materialize to improve margins.

DirectionMixed
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
HDSN ▼ -17.48% at T+60d
NEUTRAL call -17.48% · α vs SPY -28.78% · entry $6.35 → $5.24
Entry = T+0 close
Mar 4, 2026
via day close
T+1d
-2.36%
call -2.36% · α -1.05%
$6.20
settled 8mo ago
T+5d
-8.66%
call -8.66% · α -6.42%
$5.80
settled 8mo ago
T+20d
-8.03%
call -8.03% · α -4.24%
$5.84
settled 7mo ago
T+60d
-17.48%
call -17.48% · α -28.78%
$5.24
settled 5mo ago

Price Chart

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Executive Summary

Hudson Technologies reported strong Q4 revenue growth of 28% to $44.4 million, driven by higher sales volume and the accretive acquisition of Refrigerants Inc. However, GAAP profitability declined due to $8.2 million in inventory and severance costs. Full-year revenue rose 4% to $246.6 million, but net income dropped from $24.4 million to $16.7 million. The company maintained a strong balance sheet with $39.5 million in cash and authorized a $20 million share repurchase for 2026.

Key Financial Metrics

Revenue
$246.6M
+4.0% YoY
Adj. EPS
$0.44
GAAP: $0.37
Gross Margin
25.2%

Key Facts

  • Q4 revenue grew 28% YoY to $44.4 million, up from $34.6 million
  • Full-year 2025 revenue increased 4% to $246.6 million
  • Q4 GAAP net loss was $8.6 million ($0.20 per share) vs. $2.6 million loss in prior year
  • Full-year net income declined to $16.7 million from $24.4 million in 2024
  • Company incurred $8.2 million in inventory and severance costs in Q4
  • Completed accretive acquisition of Refrigerants Inc.
  • Board approved $20 million share repurchase authorization for 2026
  • Cash balance was $39.5 million at year-end, down from $70.1 million
  • Refrigerant reclamation volume grew 18% for second consecutive year
  • ERP system implementation expected to negatively impact Q1 2026 revenues

Financial Impact

Revenue increased by $9.8 million in Q4 and $9.5 million for full year, but profitability declined with $8.6 million net loss in Q4 and $7.7 million decrease in full-year net income

revenuenet incomecashoperating margin

Risk Factors

  • ERP system implementation causing near-term revenue headwinds
  • Declining gross margins (8.0% in Q4 2025 vs. 16.7% in Q4 2024)
  • Significant cash burn: cash balance down $30.7 million year-over-year
  • Executive severance costs indicating potential organizational disruption

Market Snapshot

Exchange
Nasdaq

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-023461
Document: tm267768d1_8k.htm0001104659-26-023461
Document: 0001104659-26-023461-index-headers.html0001104659-26-023461
Document: 0001104659-26-023461-index.html0001104659-26-023461
Document: 0001104659-26-023461.txt0001104659-26-023461
19 reports for HDSN
Performance horizon
63% Hit rate @ T+5 5 of 8 directional calls Went positive at some point 7 of 8 best @ T+60▲ +18.96%May 21, 2026
Filters
Rows
Reports for HDSN — sortable, filterable
TypeNow
Sep 28, 2026
29d ago
Insider Buy
BULLISH ★ 4/10
$5.15 $5.31▲ +3.11%▲ +1.16%$5.28 (+2.52%)
Sep 23, 2026
4w ago
Insider Buy
NEUTRAL ★ 4/10
$5.23 $5.25▲ +0.38%▲ +0.80%$5.28 (+0.96%)
Sep 18, 2026
5w ago
Insider Buy
NEUTRAL ★ 3/10
$5.19 $5.10▼ −1.73%▼ −0.71%$5.28 (+1.73%)
Sep 17, 2026
5w ago
Press Release
NEUTRAL ★ 3/10
$5.17 $5.16▼ −0.19%▼ −1.46%$5.28 (+2.13%)
Aug 26, 2026
8w ago
Insider Buy
BULLISH ★ 5/10
$5.48 $5.25▼ −4.20%▼ −4.47%$5.28 (−3.65%)
Jul 31, 2026
12w ago
Insider Buy
BULLISH ★ 5/10
$6.23 $5.70▼ −8.51%▼ −10.53%$5.28 (−15.25%)
Jul 22, 2026
13w ago
Insider Buy
NEUTRAL ★ 3/10
$6.33 $5.80▼ −8.37%▼ −8.85%$5.28 (−16.59%)
Jul 8, 2026
15w ago
Insider Buy
BULLISH ★ 7/10
$6.41 $6.31▼ −1.56%▼ −1.43%$5.28 (−17.63%)
Jul 2, 2026
16w ago
Insider Buy
BULLISH ★ 5/10
$5.99 $6.41▲ +7.01%▲ +6.08%$5.28 (−11.85%)
May 21, 2026
22w ago
Insider Cluster
BULLISH ★ 6/10
$5.17 $5.37▲ +3.87%▲ +2.27%$5.28 (+2.13%)
Showing 10 of 19

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Report published Mar 4, 2026