How did Hydrofarm's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 02:12am
**Hydrofarm's revenue and expenses in Q4 2024 showed a decline compared to the previous quarter.**
1. **Revenue Trend**:
- Hydrofarm's total revenue for Q4 2024 was $37.31 million.
- In the previous quarter (Q3 2024), the revenue was $44.01 million.
- This indicates a decrease in revenue from Q3 to Q4 2024.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|HYFM|HYFM.O|Hydrofarm|2023 Q4|-23.22936496314736|4.7184E7|186|
|HYFM|HYFM.O|Hydrofarm|2024 Q1|-12.875936826530285|5.4172E7|186|
|HYFM|HYFM.O|Hydrofarm|2024 Q2|-13.097333904299694|5.4793E7|186|
|HYFM|HYFM.O|Hydrofarm|2024 Q3|-18.754615271008714|4.4009E7|186|
2. **Expense Trend**:
- There are no available data on the expenses for Q4 2024.
- However, from Q3 2024, we know that the SG&A (Selling, General and Administrative) expenses were $17.6 million, with adjusted SG&A expenses at $11.6 million.
- Since there is no direct comparison for Q4 2024 expenses, we cannot analyze the trend of Hydrofarm's expenses in Q4 2024 compared to Q3 2024.
To summarize, Hydrofarm's revenue declined from Q3 to Q4 2024, but the trend of expenses cannot be determined due to missing data.