HF Foods Group stock (HFFG): Q1 2026 earnings show 4.5% revenue growth

HF Foods Group reported Q1 2026 net revenue of $312 million, up 4.5% year-over-year, with adjusted EBITDA rising 3.8% amid stronger seafood volumes and pricing.

HF Foods Group Inc. released its first-quarter 2026 earnings on May 13, 2026, posting net revenue of $312 million, a 4.5% increase from the prior year. The growth was fueled by higher volumes and improved pricing in the seafood segment, according to GuruFocus as of 05/13/2026. Adjusted EBITDA climbed 3.8%, reflecting operational efficiencies in its distribution network for Asian restaurants.

As of: 13.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: HF Foods Group Inc.
• Sector/industry: Food distribution
• Headquarters/country: United States
• Core markets: US Asian restaurant sector
• Key revenue drivers: Fresh produce, seafood, frozen foods
• Home exchange/listing venue: Nasdaq (HFFG)
• Trading currency: USD

HF Foods Group: core business model

HF Foods Group operates as a leading marketer and distributor of fresh produce, frozen and dry foods, and non-food products primarily to Asian restaurants across the United States. The company sources products from farms, processors, and importers, then distributes them through a network of warehouses. This model allows HF Foods to serve over 16,000 customers with just-in-time delivery, according to Intellectia.AI as of 05/13/2026. Its focus on the growing Asian cuisine market positions it well in the US foodservice industry.

Main revenue and product drivers for HF Foods Group

The company's revenue is driven by seafood, fresh produce, and frozen foods, with seafood showing particular strength in Q1 2026 due to volume gains and pricing power. Net revenue reached $312 million for the quarter ended March 31, 2026, up 4.5% year-over-year as reported in the earnings call transcript published May 13, 2026. Adjusted EBITDA growth of 3.8% underscores margin resilience amid supply chain dynamics.

Conclusion

HF Foods Group's Q1 2026 results highlight steady growth in a competitive food distribution landscape, with seafood driving topline expansion. US investors may note its niche exposure to the expanding Asian restaurant sector. Market reactions and future quarters will provide further clarity on sustained momentum.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.