Quarterly ResultAug 5, 2026, 04:20 PM
Hudson Technologies Q2 Revenue $78.3M, EPS $0.12; Revises FY26 Margin
AI Summary
Hudson Technologies reported second quarter 2026 results with revenue of $78.3 million, an 8% increase year-over-year, driven by strong volume growth. However, net income decreased to $4.9 million, resulting in diluted EPS of $0.12, down from $0.23 in the prior-year period, primarily due to lower refrigerant market pricing and increased operating costs. The company announced a partnership with Icorium for advanced separation technology and confirmed its Illinois facility operations were fully restored after tornado damage. Due to continued subdued refrigerant market pricing and inflationary pressures, Hudson Technologies revised its full-year 2026 gross margin guidance to low-to-mid-twenty percent.
Key Highlights
- Q2 2026 revenue was $78.3 million, an 8% increase year-over-year.
- Q2 2026 diluted EPS was $0.12, down from $0.23 in prior year.
- Q2 2026 net income was $4.9 million, compared to $10.2 million last year.
- Q2 2026 gross margin was 26%, down from 31% in Q2 2025.
- Full-year 2026 gross margin guidance revised to low-to-mid-twenty percent.
- Announced partnership with Icorium for advanced separation technology.
- Illinois facility operations fully restored after tornado damage.
- Cash and cash equivalents stood at $25.6 million as of June 30, 2026.
Price Impact
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