Earnings Releases·Nov 9, 2026, 4:15 PM ET

HF Foods Group Inc. — Third Quarter 2026 Earnings Summary

Net revenue increased 4.1% year-over-year to $319.6 million for the quarter and 3.8% to $955.4 million for the nine months, driven by volume growth in Seafood and pricing improvements in Produce and Commodity.
Adjusted net income declined 52.1% to $2.1 million for the quarter and 16.3% to $11.9 million for the nine months, while GAAP net loss widened to $4.2 million in the quarter from $0.9 million prior year.
The company completed its first international expansion with the acquisition of Searay Foods on August 31, 2026, contributing $4.2 million to Q3 revenue and $0.6 million to Adjusted EBITDA.
Management cited elevated fuel costs and truck lease expenses as primary drivers for an 11.9% year-over-year increase in distribution, selling, and administrative expenses to $55.2 million.
Cash provided by operating activities for the nine months rose to $24.1 million from $4.5 million, though total liabilities increased to $414.4 million as of September 30, 2026.