HUDSON TECHNOLOGIES INC /NY (HDSN) Company Report

Hudson Technologies reported strong Q3 2025 financial results, with revenue up 20% to $74 million and net income increasing 59% to $12.4 million, or $0.27 per share.
The company announced a CEO transition, with Brian Coleman stepping down and CFO Brian Bertolini appointed interim CEO, as the board seeks a new leader to drive organic and inorganic growth.
Hudson secured a significant contract renewal with the U.S. Defense Logistics Agency (DLA), valued at $210 million for the initial five-year term, with a five-year renewal option.
Management anticipates the HFC refrigerant market may not reach an ideal supply-demand balance until 2029 and is strategically pursuing M&A in service businesses to diversify and reduce exposure to gas market volatility.
The company maintains a strong balance sheet with $90 million in cash and repurchased $1.3 million of stock in Q3, totaling $5.8 million year-to-date 2025.

Nov 5, 2025, 10:00 PM

Hudson Technologies Reports Third Quarter 2025 Results

HDSN

Earnings

Share Buyback

New Projects/Investments

Hudson Technologies reported third quarter 2025 revenue of $74.0 million, a 20% increase from the comparable 2024 period, with net income growing 59% to $12.4 million or $0.27 per diluted share.
The company's gross margin improved to 32.0% in the third quarter of 2025, up from 25.7% in the prior year period.
As of September 30, 2025, Hudson Technologies maintained a strong cash position of $89.7 million and reported no debt.
Subsequent to the quarter, the company secured a contract with the U.S. Defense Logistics Agency (DLA) valued at $210 million for the first five-year base period.
During the third quarter, the company repurchased $1.3 million in common stock, contributing to a total of $5.8 million in repurchases year-to-date in 2025 under its stock buyback program.

Nov 5, 2025, 9:16 PM

Hudson Technologies Announces Strong Third Quarter 2025 Results

HDSN

Earnings

Share Buyback

New Projects/Investments

Hudson Technologies reported strong third quarter 2025 results, with revenue growing 20% to $74.0 million and net income increasing 59% to $12.4 million, or $0.27 per diluted share.
The company maintained a strong financial position with $89.7 million in cash and cash equivalents and no debt as of September 30, 2025.
Subsequent to the quarter, Hudson Technologies was awarded a $210 million contract to support the U.S. military as a prime contractor with the U.S. Defense Logistics Agency (DLA).
During the third quarter of 2025, the company repurchased $1.3 million in common stock, contributing to $5.8 million in total repurchases year-to-date in 2025 under its stock buyback program.

Nov 5, 2025, 9:05 PM

Hudson Technologies Announces CEO Departure and Preliminary Q3 2025 Results

HDSN

CEO Change

Management Change

Earnings

Hudson Technologies announced that Brian Coleman has stepped down as Chairman and Chief Executive Officer, effective immediately.
Brian Bertaux, the current Chief Financial Officer, will assume Chief Executive Officer responsibilities on an interim basis while the Board evaluates candidates for a permanent replacement.
For the third quarter ended September 30, 2025, the company expects to report 20% revenue growth to $74.0 million, a gross margin of 32%, and 59% net income growth to $12.4 million, or $0.27 per diluted share.