HYDROFARM HOLDINGS GROUP, INC. (HYFM)

Nasdaq · Common Stock · Wholesale-Miscellaneous Nondurable Goods

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

20 entities across 6 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-03-27 — see the exhibit.

Which other public companies file entities in the same places:

Delaware8 Canada5 Illinois4 California1 Spain1 Oregon1

Subsidiaries of HYDROFARM HOLDINGS GROUP, INC. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Hydrofarm Investment Corp.	Delaware
Hydrofarm Holdings LLC	Delaware
Hydrofarm, LLC	California
EHH Holdings, LLC	Delaware
Eltac XXI S.L.	Spain
Sunblaster LLC	Delaware
Sunblaster Holdings ULC	Canada
Hydrofarm Canada, LLC	Delaware
Greenstar Plant Products Inc.	Canada
Eddi's Wholesale Garden Supplies Ltd.	Canada
Field 16, LLC	Delaware
House & Garden Holdings LLC	Delaware
Aurora International, LLC	Oregon
Aurora Peat Products ULC	Canada
Innovative Growers Equipment, Inc.	Illinois
Innovative Growers Equipment Canada, Inc.	Canada
Manufacturing & Supply Chain Services, Inc.	Delaware
Innovative AG Installation, Inc.	Illinois
Innovative Racking Systems, Inc.	Illinois
Innovative Shipping Solutions, Inc.	Illinois

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 9

FAILReturn on assets positiveROA -234.1%
FAILOperating cash flow positiveOCF -14M
FAILReturn on assets improving-15.7% → -234.1%
PASSCash flow exceeds earningsOCF -14M vs NI -290M
PASSLong-term debt ratio falling26.9% → 0.0% of assets
FAILCurrent ratio improving2.72 → 0.37
FAILNo share dilution5M → 5M shares
FAILGross margin improving16.9% → 11.3%
PASSAsset turnover improving0.45× → 1.08×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$342.2M	−$7.3M	−$46.3M	18.6%	21,298,849
FY2021	$479.4M	$13.4M	−$50.5M	21.2%	42,989,195
FY2022	$344.5M	−$285.4M	$13.8M	8.5%	44,974,856
FY2023	$226.6M	−$64.8M	$2.8M	16.6%	45,508,363
FY2024	$190.3M	−$66.7M	−$3.2M	16.9%	4,598,640
FY2025	$134.3M	−$289.8M	−$15.1M	11.3%	4,647,945

Ownership flow

1 institutions tracked — 0 added, 1 reduced.

Institutional holders of HYDROFARM HOLDINGS GROUP, INC. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	33,658	−28,928	$28.6M

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001695295
LEI: 5493005Y60YG0W2FYJ83
FIGI: BBG00MGFV5T3
SIC: 5190 · Wholesale-Miscellaneous Nondurable Goods
Incorporated: DE
Headquarters: SHOEMAKERSVILLE, PA

Ownership

Institutional: 13.0%
Institutions: 28
Insiders: 22.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other wholesale-miscellaneous nondurable goods companies

HYDROFARM HOLDINGS GROUP, INC. files under SIC 5190 — all 4 wholesale-miscellaneous nondurable goods companies compared on assets and F-score.

CENTRAL GARDEN & PET COCENT Vestis CorpVSTS NATURAL HEALTH TRENDS CORPNHTC

Questions about HYDROFARM HOLDINGS GROUP, INC.

How many subsidiaries does HYDROFARM HOLDINGS GROUP, INC. file with the SEC?: 20, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Delaware, California, Spain. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is HYDROFARM HOLDINGS GROUP, INC. financially healthy?: HYDROFARM HOLDINGS GROUP, INC. scores 3 out of 9 on the Piotroski F-score. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of HYDROFARM HOLDINGS GROUP, INC.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

20 entities across 6 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-03-27 — see the exhibit.

Entity

Jurisdiction

Note

Hydrofarm Investment Corp.

Delaware

Hydrofarm Holdings LLC

Delaware

Hydrofarm, LLC

California

EHH Holdings, LLC

Delaware

Eltac XXI S.L.

Spain

Sunblaster LLC

Delaware

Sunblaster Holdings ULC

Canada

Hydrofarm Canada, LLC

Delaware

Greenstar Plant Products Inc.

Canada

Eddi's Wholesale Garden Supplies Ltd.

Canada

Field 16, LLC

Delaware

House & Garden Holdings LLC

Delaware

Aurora International, LLC

Oregon

Aurora Peat Products ULC

Canada

Innovative Growers Equipment, Inc.

Illinois

Innovative Growers Equipment Canada, Inc.

Canada

Manufacturing & Supply Chain Services, Inc.

Delaware

Innovative AG Installation, Inc.

Illinois

Innovative Racking Systems, Inc.

Illinois

Innovative Shipping Solutions, Inc.

Illinois

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 9

FAILReturn on assets positiveROA -234.1%
FAILOperating cash flow positiveOCF -14M
FAILReturn on assets improving-15.7% → -234.1%
PASSCash flow exceeds earningsOCF -14M vs NI -290M
PASSLong-term debt ratio falling26.9% → 0.0% of assets
FAILCurrent ratio improving2.72 → 0.37
FAILNo share dilution5M → 5M shares
FAILGross margin improving16.9% → 11.3%
PASSAsset turnover improving0.45× → 1.08×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$342.2M	−$7.3M	−$46.3M	18.6%	21,298,849
FY2021	$479.4M	$13.4M	−$50.5M	21.2%	42,989,195
FY2022	$344.5M	−$285.4M	$13.8M	8.5%	44,974,856
FY2023	$226.6M	−$64.8M	$2.8M	16.6%	45,508,363
FY2024	$190.3M	−$66.7M	−$3.2M	16.9%	4,598,640
FY2025	$134.3M	−$289.8M	−$15.1M	11.3%	4,647,945

Ownership flow

1 institutions tracked — 0 added, 1 reduced.

Institutional holders of HYDROFARM HOLDINGS GROUP, INC. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	33,658	−28,928	$28.6M

Questions about HYDROFARM HOLDINGS GROUP, INC.

How many subsidiaries does HYDROFARM HOLDINGS GROUP, INC. file with the SEC?

20, listed in its most recent exhibit 21. They are incorporated across 6 jurisdictions, led by Delaware, California, Spain. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is HYDROFARM HOLDINGS GROUP, INC. financially healthy?

HYDROFARM HOLDINGS GROUP, INC. scores 3 out of 9 on the Piotroski F-score. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of HYDROFARM HOLDINGS GROUP, INC.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.