Saturday 17 October 2026 Export HDSN’s income statement to Excel — free account

Hudson Technologies, Inc.

HDSN Basic Materials Specialty Chemicals

Hudson Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $246.6 million, up 4.00% from fiscal 2024. In the quarter to June 2026, revenue grew 7.54%, EPS fell 47.8% and free cash flow grew 5.45%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

5.01 0.03 −0.60%

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Market cap: $212.1M
P/E: 24.1×
Fwd P/E: 14.1×
Dividend yield: —
F-score: 4/9
Altman Z: 4.56
Beneish M: −2.13
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 6.79

Total sells 3.59

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	9	1	3	2	4	—
Sell	—	1	—	—	—	—	—	—	—	—	—	—

Insider Ownership 13.81%

Capital & Financial Ratios $m

Market Cap 212.13

Revenue 256.92

Net Income 9.02

Free Cash Flow (34.51)

Net Debt (25.60)

Current Ratio 3.23

Debt/Equity 0.00

P/E ratio 24.11

Fwd P/E 14.10

P/S ratio 0.82

P/B ratio 0.87

Past 5Y EPS Growth —

This Y EPS Growth (50.00%)

Next Y EPS Growth 79.73%

Next Y revenue growth 6.20%

Next 5Y EPS Growth 8.30%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 87.09%

10-year low 10-year high

P/S against its own 10 years 28.82%

10-year low 10-year high

P/B against its own 10 years 14.41%

10-year low 10-year high

EV/Sales against its own 10 years 7.04%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12	70	39	26
Receivables	31	20	23	50
Inventory	154	96	136	128
Other	—	—	—	—
	205	196	211	218

	2023	2024	2025	Q'26
Payables	23	9	21	22
ST’ Debt	—	—	—	—
Other	—	2	—	1
	59	48	65	68

Compound Annual Growth %

	10y	5y	3y
Sales	11.96%	10.81%	(8.81%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	13.34%	0.00%	(45.65%)
Book Value	17.28%	43.06%	11.65%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	60	78	—	—	—
’25	55	73	74	44	247
’24	65	75	62	35	237
’23	77	90	76	45	289
’22	84	104	90	47	325
’21	34	61	61	38	193
’20	36	48	41	22	148

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(13)	7	—	—	—
’25	14	6	9	(33)	(3)
’24	(1)	42	30	21	92
’23	11	11	22	15	59
’22	5	29	26	3	63
’21	(5)	(3)	16	(9)	(1)
’20	(4)	6	17	(8)	12

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(14)	6	—	—	—
’25	13	6	7	(34)	(8)
’24	(2)	41	29	19	87
’23	10	10	21	14	55
’22	5	28	25	1	59
’21	(5)	(4)	16	(11)	(3)
’20	(4)	6	17	(9)	10

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.01	0.12	—	—	—
’25	0.06	0.23	0.27	(0.20)	0.37
’24	0.20	0.20	0.17	(0.06)	0.52
’23	0.33	0.41	0.29	0.08	1.10
’22	0.63	0.84	0.62	0.11	2.20
’21	(0.02)	0.24	0.34	0.13	0.69
’20	(0.07)	0.06	0.00	(0.11)	(0.12)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	2.64	5.40	0.70	0.30	0.52	1.02	3.11	7.21	5.17	5.11	Analyst estimates 2026–2028 Powerpack
	High	8.50	10.40	6.98	2.25	1.77	4.89	12.46	14.14	15.24	10.52
People
People	Employees	137	262	243	234	221	217	232	237	238	281
	Revenue/emp, $m	0.77	0.54	0.69	0.69	0.67	0.89	1.40	1.22	1.00	0.88
Income, $m
Income, $m	Revenue	105	140	167	162	148	193	325	289	237	247
	Gross margin, %	29.47	27.06	(4.42)	10.59	23.99	37.18	50.09	38.58	27.71	25.18
	EBT	17	12	(57)	(25)	(5)	33	117	70	32	23
	EBT margin, %	16.37	8.55	(34.45)	(15.60)	(3.65)	17.33	36.03	24.16	13.51	9.20
	Net income	11	11	(56)	(26)	(5)	32	104	52	24	17
	Depreciation	2	4	11	10	7	7	7	7	7	6
Per share, $
Per share, $	Revenue	3.09	3.36	3.92	3.80	3.46	4.40	7.23	6.37	5.23	5.66
	Earnings	0.31	0.27	(1.31)	(0.61)	(0.12)	0.74	2.31	1.15	0.54	0.38
	Cash flow	0.27	0.44	0.86	0.79	0.27	(0.03)	1.40	1.29	2.03	(0.07)
	Capex	(0.05)	(0.02)	(0.03)	(0.02)	(0.03)	(0.04)	(0.08)	(0.08)	(0.12)	(0.12)
	Free cash flow	0.22	0.42	0.83	0.77	0.24	(0.07)	1.31	1.21	1.91	(0.19)
	Book value	3.28	2.96	1.63	1.06	0.95	1.62	3.89	5.04	5.42	5.58
	Shares, m	34	42	42	43	43	44	45	45	45	44
Valuation, ×
Valuation, ×	P/E	23.97	22.21	0.00	0.00	0.00	6.00	4.23	12.09	10.53	18.51
	P/S	2.56	1.85	0.23	0.26	0.32	1.01	1.35	2.18	1.07	1.21
	P/B	2.41	2.10	0.55	0.93	1.15	2.74	2.51	2.76	1.03	1.23
	EV/Sales	2.24	3.01	0.99	0.85	0.90	1.47	1.47	2.24	0.90	1.17
	EV/FCF	31.11	24.37	4.70	4.21	13.00	(89.60)	8.07	11.80	2.46	(35.11)
Cash, $m
Cash, $m	Operating cash flow	9	18	36	34	12	(1)	63	59	92	(3)
	Capex	(2)	(1)	(1)	(1)	(1)	(2)	(4)	(4)	(5)	(5)
	Free cash flow	8	17	35	33	10	(3)	59	55	87	(8)
Balance, $m
Balance, $m	Working capital	98	114	63	28	24	56	124	146	148	146
	Total debt	0	167	130	99	87	93	43	—	—	—
	Net debt	(34)	162	128	96	86	90	38	(12)	(70)	(39)
	Shareholders’ equity	112	123	69	45	41	71	175	229	246	243
Returns, %
Returns, %	ROA	10.25	5.03	(20.25)	(12.70)	(3.05)	17.10	42.52	18.36	8.14	5.37
	ROIC	15.10	3.31	(13.53)	(6.97)	2.92	16.44	38.62	22.59	10.42	5.69
	ROE	13.18	9.48	(57.78)	(45.38)	(12.15)	57.83	84.45	25.89	10.28	6.81

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
OEC Orion S.A.	$316.5M	— (loss-making)	— (loss-making)	+7.40% (above 0%: growing)	−81.25% (below 0%: shrinking)	−83.48% (below 0%: shrinking)	18.57%	4.25%	Compare
MNTK Montauk Renewables, Inc.	$301.8M	34.7×	14.4×	+19.71% (above 0%: growing)	n/m	+60.35% (above 0%: growing)	100.00%	(0.14%)	Compare
GEVO Gevo, Inc.	$289.3M	— (loss-making)	— (loss-making)	+7.11% (above 0%: growing)	n/m	−167.47% (below 0%: shrinking)	42.58%	(369.25%)	Compare
ALTO Alto Ingredients, Inc.	$283.9M	5.0×	12.8×	+12.48% (above 0%: growing)	n/m	+1,443.92% (above 0%: growing)	6.77%	3.51%	Compare
FF FutureFuel Corp.	$247.8M	— (loss-making)	— (loss-making)	+120.69% (above 0%: growing)	n/m	+4,245.38% (above 0%: growing)	19.08%	14.29%	Compare
HDSN Hudson Technologies, Inc.	$212.1M	24.1×	14.1×	+7.54% (above 0%: growing)	−47.83% (below 0%: shrinking)	+5.45% (above 0%: growing)	26.41%	9.44%
CMT Core Molding Technologies Inc	$206.6M	26.6×	21.6×	−20.84% (below 0%: shrinking)	−55.32% (below 0%: shrinking)	+809.20% (above 0%: growing)	20.29%	3.66%	Compare
FEAM 5E Advanced Materials, Inc.	$156.8M	— (loss-making)	—	—	n/m	+17.79% (above 0%: growing)	0.00%	0.00%	Compare
AMTX Aemetis, Inc	$104.3M	— (loss-making)	— (loss-making)	+20.02% (above 0%: growing)	n/m	−12.47% (below 0%: shrinking)	21.56%	9.21%	Compare
Median of peers	$265.9M	26.6×	14.4×	+12.48%	—	+39.07%	19.69%	3.59%

All 60 Specialty Chemicals stocks →

Hudson Technologies, Inc. (HDSN) key facts

Strength: Hudson Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $246.6 million, up 4.00% from fiscal 2024.
Hudson Technologies, Inc. (HDSN) is a Specialty Chemicals company in the Basic Materials sector, listed on Nasdaq.
As of October 16, 2026, HDSN traded at $5.01, a market capitalization of $212.1 million.
Return on equity was 6.81% and debt-to-equity 0.00.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 4.56 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.