HF Foods Group Inc. income statement
In fiscal 2025, HF Foods Group Inc. reported revenue of $1.23bn, up 2.2% on the year before, operating income of −$33.0m (a -2.7% margin) and net income of −$38.8m, or −$0.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 296 | 291 | 388 | 567 | 797 | 1,170 | 1,148 | 1,202 | 1,228 | 1,251 |
| Cost of revenue | 252 | 241 | 324 | 466 | 645 | 965 | 944 | 996 | 1,021 | 1,044 |
| Gross profit | 44 | 50 | 64 | 101 | 152 | 206 | 204 | 205 | 208 | 207 |
| Selling, general and administrative | 33 | 41 | 56 | 106 | 122 | 195 | 195 | 198 | 202 | 203 |
| Operating income | 11 | 9 | 8 | −344 | 29 | 11 | 9 | −39 | −33 | −34 |
| Interest expense | — | — | 2 | 4 | 4 | 7 | 11 | 11 | 11 | 12 |
| Provision for credit losses | — | — | — | 1 | −0 | 0 | 1 | −0 | −0 | −1 |
| Income before tax | 11 | 9 | 8 | −348 | 27 | 0 | −3 | −46 | −45 | −40 |
| Income tax | 1 | 2 | 2 | −5 | 5 | −0 | 0 | 2 | −6 | −6 |
| Net income | 10 | 6 | 5 | −344 | 22 | 0 | −2 | −49 | −39 | −35 |
| Diluted EPS | $0.24 | $0.15 | $0.09 | −$6.59 | $0.43 | $0.01 | −$0.04 | −$0.92 | −$0.73 | −$0.65 |
| Diluted shares (average) | 40m | 42m | 54m | 52m | 52m | 54m | 54m | 53m | 53m | 53m |
| EBITDA | 13 | 11 | 13 | −325 | 49 | 35 | 35 | −12 | −5 | −13 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 298 | 305 | 298 | 315 | 307 | 308 | 312 | 324 |
| Cost of revenue | 248 | 253 | 247 | 260 | 257 | 257 | 261 | 269 |
| Gross profit | 50 | 52 | 51 | 55 | 50 | 51 | 51 | 55 |
| Selling, general and administrative | 50 | 48 | 50 | 51 | 49 | 52 | 49 | 52 |
| Operating income | 1 | −42 | 1 | 4 | 1 | −39 | 1 | 3 |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Provision for credit losses | 0 | −0 | 1 | −0 | −1 | 0 | 0 | 0 |
| Income before tax | −5 | −42 | −2 | 1 | −2 | −42 | 1 | 3 |
| Income tax | −1 | 2 | −1 | 1 | −1 | −5 | −0 | 0 |
| Net income | −4 | −44 | −2 | 1 | −1 | −37 | 1 | 3 |
| Diluted EPS | −$0.07 | −$0.83 | −$0.03 | $0.02 | −$0.02 | −$0.70 | $0.02 | $0.05 |
| EBITDA | 3 | −35 | 8 | 7 | 4 | −32 | 9 | 6 |
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