Hudson Technologies (NASDAQ:HDSN) Posts Earnings Results

Hudson Technologies (NASDAQ:HDSN) released its earnings results on Wednesday. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.07), FiscalAI reports. The business had revenue of $59.42 million for the quarter, compared to analysts’ expectations of $77.96 million. Hudson Technologies had a net margin of 3.51% and a return on equity of 4.95%.

Here are the key takeaways from Hudson Technologies’ conference call:

• Negative Sentiment: Third-quarter revenue fell 20% year over year to $59.4 million, with sales volume down 9% and average selling prices down 17% amid ample channel inventory and weak HFC pricing. Net income declined to $2.0 million, or $0.05 per diluted share, from $12.4 million, or $0.27, a year earlier.
• Positive Sentiment: Management intentionally prioritized profitable sales over volume, helping gross margin reach 25%, ahead of expectations, while reaffirming its 2026 gross-margin target in the low-to-mid-20% range. The company also ended the quarter debt-free with $35.3 million in cash, up $10 million sequentially.
• Positive Sentiment: Hudson re-awarded its $210 million Defense Logistics Agency contract for five years through July 2031, with a potential extension through July 2036; the contract contributed $11 million of third-quarter revenue.
• Positive Sentiment: The company signed a joint development agreement with Icorium to commercialize technology for separating complex refrigerant mixtures, which management believes could improve recovery yields, reduce inventory and destruction costs, and strengthen Hudson’s competitive position.
• Neutral Sentiment: Management said pricing has stabilized and expects 2027 pricing to be broadly similar to 2026, but demand remains muted—particularly in residential and light commercial markets. Year-to-date sales volume was still up 9%, and potential longer-term demand drivers include data centers, HFO blends containing HFCs, and new reclaimed-refrigerant rules in California and New York beginning in January 2027.

Hudson Technologies Stock Down 13.9%

Shares of Hudson Technologies stock traded down $0.73 on Thursday, reaching $4.50. The company’s stock had a trading volume of 2,033,213 shares, compared to its average volume of 440,012. Hudson Technologies has a 52 week low of $4.13 and a 52 week high of $9.25. The firm’s fifty day simple moving average is $5.27 and its two-hundred day simple moving average is $5.96. The company has a market capitalization of $189.53 million, a price-to-earnings ratio of 22.63 and a beta of 0.83.

Trending Headlines about Hudson Technologies

Here are the key news stories impacting Hudson Technologies this week:

• Positive Sentiment: Hudson was re-awarded a Defense Logistics Agency contract valued at approximately $210 million, supporting future demand for its refrigerant-reclamation products. The company also entered a joint development agreement to advance next-generation separation technology. Hudson Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: The company remained debt-free with $35.3 million in cash and generated $10.2 million in operating cash flow during the quarter. Management also maintained its full-year gross-margin target. Hudson Technologies Third Quarter Results
• Neutral Sentiment: Recent insider activity cited in the coverage was entirely purchases, including buying by CEO Kenneth Gaglione, CFO Brian Bertaux and Hartree Partners. Insider buying may signal confidence, although it does not offset the weak quarterly results. Hudson Technologies Stock Falls on Q3 Earnings
• Negative Sentiment: Third-quarter revenue was $59.4 million, down about 20% year over year and well below the roughly $78 million analyst estimate. Sales volume fell 9% and pricing declined 17%, highlighting pressure on demand and pricing. Hudson Technologies Lags Q3 Estimates
• Negative Sentiment: Adjusted earnings were $0.05 per share, missing the $0.11–$0.12 consensus range and falling from $0.27 a year earlier. Net income declined to $2.0 million, while operating profit dropped to $3.3 million, making the earnings miss the primary near-term pressure on HDSN. Hudson Technologies Q3 Earnings Call Transcript

Insider Activity

In other Hudson Technologies news, major shareholder Hartree Partners, Lp acquired 118,549 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were bought at an average cost of $5.10 per share, with a total value of $604,599.90. Following the completion of the transaction, the insider directly owned 5,348,517 shares of the company’s stock, valued at approximately $27,277,436.70. This represents a 2.27% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 254,327 shares of company stock worth $1,339,392 over the last 90 days. Corporate insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings downgraded Hudson Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Canaccord Genuity Group set a $7.00 price target on shares of Hudson Technologies in a research note on Thursday. Finally, B. Riley Financial reiterated a “buy” rating on shares of Hudson Technologies in a research note on Thursday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $8.38.

About Hudson Technologies

Hudson Technologies, Inc (NASDAQ:HDSN) provides refrigerant products and services for the heating, ventilation, air conditioning and refrigeration (HVACR) industry. The company supplies reclaimed and recycled refrigerants, as well as virgin refrigerants and related products, to customers that operate or service commercial, industrial and residential cooling systems.

Its services include refrigerant reclamation, refrigerant management, cylinder management, technical support and logistics.