Monitor Q4 2026 and full-year 2027 guidance for signs of pricing stabilization or volume recovery. The DLA contract and joint development agreement are long-term positives but do not offset near-term headwinds. Watch for any changes to the gross margin target.
Price Chart
Executive Summary
Hudson Technologies reported Q3 2026 revenue of $59.4M (down 20% YoY) and GAAP EPS of $0.05, missing the $0.10 consensus. Gross margin fell to 25% from 32% due to lower HFC pricing and volume. The company maintained full-year gross margin guidance in the low-to-mid-twenty percent range. The results reflect continued pricing pressure and weak demand in the refrigerant market.
Key Financial Metrics
Key Facts
- Q3 2026 revenue $59.4M vs $74.0M YoY, a 20% decline (9% volume drop, 17% price drop)
- GAAP diluted EPS $0.05 vs $0.27 in Q3 2025; missed consensus estimate of $0.10
- Gross margin 25% vs 32% in prior-year quarter
- Net income $2.0M vs $12.4M YoY
- Full-year 2026 gross margin guidance maintained at low-to-mid-twenty percent range
- Cash and equivalents $35.3M, debt-free balance sheet
- Entered joint development agreement with Icorium for next-gen separation technology
- Re-awarded DLA contract valued at $210M
Financial Impact
Revenue declined $14.6M (20%) YoY; EPS fell from $0.27 to $0.05, a $0.22 decline per share
Risk Factors
- Continued HFC pricing softness and muted customer demand
- Lower sales volume and compressed margins
- Increased SG&A expenses from ERP and strategic investments
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3390744 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 1d ago | 8-K | No price | awaiting T+5 | awaiting T+5 | No price |
Oct 28, 2026 1d ago | Press Release | $5.06 | awaiting T+5 | awaiting T+5 | $4.42 (+12.65%) |
Sep 28, 2026 4w ago | Insider Buy | $5.15 $5.31 | ▲ +3.11% | ▲ +1.16% | $4.42 (−14.17%) |
Sep 23, 2026 5w ago | Insider Buy | $5.23 $5.25 | ▲ +0.38% | ▲ +0.80% | $4.42 (−15.49%) |
Sep 18, 2026 5w ago | Insider Buy | $5.19 $5.10 | ▼ −1.73% | ▼ −0.71% | $4.42 (−14.84%) |
Sep 17, 2026 6w ago | Press Release | $5.17 $5.16 | ▼ −0.19% | ▼ −1.46% | $4.42 (−14.51%) |
Aug 26, 2026 9w ago | Insider Buy | $5.48 $5.25 | ▼ −4.20% | ▼ −4.47% | $4.42 (−19.34%) |
Jul 31, 2026 12w ago | Insider Buy | $6.23 $5.70 | ▼ −8.51% | ▼ −10.53% | $4.42 (−29.05%) |
Jul 22, 2026 14w ago | Insider Buy | $6.33 $5.80 | ▼ −8.37% | ▼ −8.85% | $4.42 (−30.17%) |
Jul 8, 2026 16w ago | Insider Buy | $6.41 $6.31 | ▼ −1.56% | ▼ −1.43% | $4.42 (−31.05%) |
US Market Status
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