Hudson Technologies Q2 FY26 net income drops 52% to $4.9 million; revenue rises 8% to $78.3 million
HDSN•Costs rise and margin outlook is revised
SG&A expenses climbed to $12.4 million from $9.3 million, driven by ERP optimization, DLA-contract legal costs, staffing, and consulting.
Hudson revised its 2026 gross margin target to low-to-mid-20% from mid-20%.
Operations were restored at a tornado-impacted Illinois facility, and an Icorium partnership is planned.
Hudson Technologies posts higher revenue but lower profit in Q2 FY26
Hudson Technologies posted Q2 revenue of $78.3 million, up 8% year over year, with sales volume up 12% while pricing fell 6%.
Net income dropped to $4.9 million; diluted EPS slid to $0.12.
Gross margin narrowed to 26% from 31%, on lower refrigerant market pricing and higher fuel costs.
