Hudson Technologies (NASDAQ:HDSN) Issues Quarterly Earnings Results

Hudson Technologies (NASDAQ:HDSN) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.06), FiscalAI reports. Hudson Technologies had a return on equity of 6.98% and a net margin of 5.66%.The company had revenue of $78.35 million for the quarter, compared to the consensus estimate of $74.20 million.

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

• Profitability declined amid weaker pricing and higher costs: Q2 revenue rose 8% to $78.3 million on 12% volume growth, but a 6% drop in average selling prices, freight inflation, ERP costs and legal expenses reduced gross margin to 26% from 31% and net income to $4.9 million from $10.2 million.
• HFC refrigerant prices remain under pressure due to excess channel inventory, illegal imports and limited sustained hot weather. Management expects prices to stabilize but cannot predict when illegal-import issues will be resolved, and lowered its full-year 2026 gross-margin outlook to the low-to-mid 20% range.
• Hudson secured the five-year, $210 million DLA contract re-award, resolving a seven-month challenge and providing greater visibility into its government business.
• Growth investments are expanding Hudson’s longer-term opportunities: the small recovery truck pilot is revenue-positive, predictive servicing has won four contracts this year, and the company plans broader rollouts while pursuing extractive-distillation technology to reclaim more complex refrigerant blends.
• The Illinois facility, temporarily idled for about three weeks after tornado damage, is fully operational again; insurance is expected to cover restoration costs, with no inventory loss or detectable damage to separation columns.

Hudson Technologies Stock Down 9.0%

HDSN traded down $0.56 during trading hours on Thursday, reaching $5.66. 1,055,763 shares of the company’s stock traded hands, compared to its average volume of 405,641. The firm has a 50-day moving average price of $5.87 and a 200 day moving average price of $6.19. The firm has a market capitalization of $238.12 million, a PE ratio of 18.26 and a beta of 0.78. Hudson Technologies has a 52-week low of $4.64 and a 52-week high of $10.52.

Insider Transactions at Hudson Technologies

In related news, Director Jeffrey R. Feeler acquired 5,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $4.92 per share, for a total transaction of $25,092.00. Following the acquisition, the director directly owned 9,165 shares of the company’s stock, valued at $45,091.80. This represents a 125.46% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Alan Sheriff purchased 5,200 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $4.88 per share, with a total value of $25,376.00. Following the purchase, the director directly owned 9,265 shares of the company’s stock, valued at approximately $45,213.20. This represents a 127.92% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 919,940 shares of company stock worth $5,374,186. Insiders own 1.90% of the company’s stock.

Institutional Trading of Hudson Technologies

Several institutional investors and hedge funds have recently made changes to their positions in HDSN. Westerly Capital Management LLC grew its holdings in Hudson Technologies by 34.9% during the 4th quarter. Westerly Capital Management LLC now owns 2,550,000 shares of the industrial products company’s stock worth $17,468,000 after acquiring an additional 660,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Hudson Technologies by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,043,151 shares of the industrial products company’s stock worth $13,996,000 after purchasing an additional 33,670 shares during the period. AQR Capital Management LLC boosted its stake in shares of Hudson Technologies by 7.2% during the first quarter. AQR Capital Management LLC now owns 591,645 shares of the industrial products company’s stock valued at $3,650,000 after purchasing an additional 39,654 shares in the last quarter. Marshall Wace LLP increased its holdings in Hudson Technologies by 270.4% during the fourth quarter. Marshall Wace LLP now owns 465,130 shares of the industrial products company’s stock valued at $3,186,000 after buying an additional 339,543 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in Hudson Technologies by 65.6% during the fourth quarter. Lazard Asset Management LLC now owns 431,769 shares of the industrial products company’s stock valued at $2,958,000 after buying an additional 170,964 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Key Stories Impacting Hudson Technologies

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

• Positive Sentiment: Hudson was re-awarded a U.S. Defense Logistics Agency (DLA) refrigerant IDIQ contract valued at $210 million through August 4, 2031, with a potential five-year extension through July 2036. The award restores a significant source of potential recurring revenue and confirms Hudson’s competitive standing after a prior bid protest and re-bid process. Hudson Technologies Re-Awarded Defense Logistics Agency Contract
• Positive Sentiment: Second-quarter revenue rose approximately 8% year over year to $78.3 million, exceeding analyst expectations, while operating cash flow reached $6.8 million. Hudson also reported that operations at its tornado-impacted facility were fully restored and highlighted a new Icorium partnership. Hudson Technologies Reports Second Quarter 2026 Results
• Neutral Sentiment: Management revised its 2026 gross-margin target to the low-to-mid-20% range in connection with the DLA contract re-award. The contract improves revenue visibility, but the updated margin outlook suggests investors may need to reassess its near-term contribution to profitability. Hudson revises 2026 gross margin target
• Negative Sentiment: Hudson reported second-quarter EPS of $0.12, below consensus estimates of roughly $0.17-$0.18 and down from $0.23 a year earlier. Gross profit, operating income, and net income also declined, indicating that stronger sales did not translate into expected earnings growth. Hudson Technologies misses Q2 earnings estimates

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HDSN shares. Canaccord Genuity Group dropped their target price on Hudson Technologies from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings upgraded Hudson Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen lowered shares of Hudson Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Hudson Technologies has a consensus rating of “Hold” and an average price target of $8.62.

About Hudson Technologies

Hudson Technologies, Inc is a U.S.-based provider of refrigerant management and sustainability solutions, specializing in the recovery, reclamation and recycling of refrigerant gases. The company’s core business centers on collecting used refrigerants—such as CFCs, HCFCs and HFCs—from industrial, commercial and institutional customers, processing them in certified reclamation facilities and returning material that meets industry purity standards.

Headquartered in Purchase, New York, Hudson Technologies operates a network of reclamation centers across the continental United States.