HDSN
Hudson Technologies, Inc.
HDSN lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to decline, though they disagree widely on how much.
HDSN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Weak | |
| Strong |
HDSN's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
HDSN PE Valuation
HDSN has no meaningful PE right now: it lost money over the past year.
HDSN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect HDSN's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.
HDSN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.24 | — |
| Q3 2026 | -$0.01 | -102% |
| Q2 2026 | $0.21 | -49% |
| Q1 2026 | $0.32 | -16% |
| Q4 2025 | $0.37 | -29% |
| Q3 2025 | $0.51 | -20% |
| Q2 2025 | $0.41 | -46% |
| Q1 2025 | $0.38 | -61% |
| Q4 2024 | $0.52 | -53% |
HDSN has swung to a loss: it lost $0.01 per share over the past year, after a profit the year before.
HDSN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $59.4M | -20% |
| Q2 2026 | $78.3M | +7.5% |
| Q1 2026 | $60.2M | +8.7% |
| Q4 2025 | $44.4M | +28% |
| Q3 2025 | $74M | +19% |
| Q2 2025 | $72.8M | -3.2% |
| Q1 2025 | $55.3M | -15% |
| Q4 2024 | $34.6M | -23% |
HDSN's revenue fell from its 2022 peak and has held roughly level since: $59M last quarter, down 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.5% | -13 points |
| Q2 2026 | 9.4% | -8 points |
| Q1 2026 | 2.4% | -3.1 points |
| Q4 2025 | -25% | -16 points |
| Q3 2025 | 19% | +7.6 points |
| Q2 2025 | 17% | +0.5 points |
| Q1 2025 | 5.6% | -14 points |
| Q4 2024 | -9.4% | -20 points |
HDSN's operating margin was 5.5% last quarter, down 13 points from the same quarter a year ago.
HDSN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.7M | +43% |
| Q2 2026 | $6.3M | +5.4% |
| Q1 2026 | -$13.9M | -209% |
| Q4 2025 | -$33.7M | -276% |
| Q3 2025 | $6.7M | -76% |
| Q2 2025 | $5.9M | -85% |
| Q1 2025 | $12.7M | +$14.6M |
| Q4 2024 | $19.2M | +40% |
HDSN's free cash flow has turned negative after years in the green: −$32M over the past year.
HDSN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +19.3K shares |
| 1 year | -6.7% | -3.1M shares |
| 3 years | -11% | -5.2M shares |
| 5 years | -10% | -4.8M shares |
| Available history | -1% | -419K shares |
HDSN has 42M diluted shares, down 6.7% from a year ago, with $17M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $9,000 |
| Q1 2026 | $2.5M |
| Q4 2025 | $14.2M |
| Q3 2025 | $1.3M |
| Q2 2025 | $2.7M |
| Q1 2025 | $1.8M |
| Q4 2024 | $5.5M |
HDSN spent $17M buying back its own shares over the past year, up 47% from the year before.
HDSN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -8.5x | Net Cash |
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -3.1x | Net Cash |
| Q2 2025 | -3.8x | Net Cash |
| Q1 2025 | -3.6x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
HDSN has more cash than debt.
HDSN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 10.7 | Oversold |
HDSN's weekly RSI is 35 (neutral) and its Stochastic is 11 (oversold).
HDSN PE vs Basic Materials Sector
| Metric | HDSN | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 19x | 37% above |
| PE % | 93 | 40 | 53 pts above |
HDSN has no meaningful PE right now: it lost money over the past year.
HDSN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.85 | 8.7% below |
| 20 week MA | $5.40 | 18% below |
| 50 week MA | $5.99 | 26% below |
| 100 week MA | $6.71 | 34% below |
| 200 week MA | $8.36 | 47% below |
HDSN is in a downtrend: it's below all five of its weekly moving averages, and 47% below its 200-week average.
HDSN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.98 | $1.07 | +9.2% |
| 2021 | $1.07 | $4.20 | +293% |
| 2022 | $4.20 | $10.0 | +138% |
| 2023 | $10.0 | $13.5 | +35% |
| 2024 | $13.5 | $5.40 | -60% |
| 2025 | $5.40 | $7.00 | +30% |
| 2026 YTD | $7.00 | $4.43 | -37% |
HDSN's yearly returns have swung widely, from +293% in 2021 to −60% in 2024. It's down 37% so far in 2026.