Glass House Brands vs Hydrofarm Holdings Group
Glass House Brands is the larger business, with $182m of revenue in fiscal 2025 against $134m for Hydrofarm Holdings Group (1.4 times as much). Glass House Brands grew faster (-9.4% against -29.4%). Glass House Brands kept more of each dollar of sales as profit: a net margin of -16.3% against -215.9%.
| Latest fiscal year | Glass House BrandsGLAS, 2025 | Hydrofarm Holdings GroupHYFM, 2025 |
|---|---|---|
| Revenue | $182m | $134m |
| Revenue growth | -9.4% | -29.4% |
| Net income | −$29.7m | −$290m |
| Operating margin | -9.1% | -206.3% |
| Net margin | -16.3% | -215.9% |
| Return on equity | -31.2% | — |
| Free cash flow | −$15.7m | −$15.1m |
| Cash | $23.4m | $6.3m |
| Total debt | $69.0m | $114m |
| Debt to equity | 93.3% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 251 |
| Market value | — | $3.3m |
| Price vs our value range | — | — |
| Moat score | — | 25 (Weak) |
| Insider trades, 12 months | 0 buys, 4 sales | 1 buys, 3 sales |