Hudson Technologies Reports Third Quarter 2026 Results
Hudson Technologies reported Q3 2026 revenue of $59.4 million, down roughly 20% from $74.0 million a year ago, on a 9% volume decline and 17% drop in selling prices amid soft HFC refrigerant pricing. Net income fell to $2.0 million, or $0.05 diluted EPS, from $12.4 million ($0.27 diluted) in Q3 2025, with gross margin compressing to 25% from 32%. Offsets include a re-awarded $210 million DLA contract, a new joint development agreement with Icorium for next-generation separation technology, and a debt-free balance sheet with $35.3 million in cash.
Key figures
- Eps
- 0.05
- Revenue
- 59422000
- Guidance
- Full-year 2026 gross margin in the low-to-mid-twenty percent range, consistent with prior target
- Revenue Yoy
- -20%
- Cash
- 35262000
- Net income
- 2040000
- Pricing yoy
- -17%
- Gross margin
- 25%
- Sales volume yoy
- -9%
- Dla contract value
- 210000000
- Nine month revenue
- 197918000
- Nine month net income
- 7317000
- Prior year q3 revenue
- 74012000
- Nine month diluted eps
- 0.17
- Prior year q3 diluted eps
- 0.27
AI analysis
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