No, the leaves are just wilted downwards, not rolled like you would see with those early Spring insects.
The hydrangea leaftier larva binds two or as many as four leaves together with strands of silk into a cup form and then feeds and rests between them. Pulling apart the leaves will reveal a half-inch-long slender green caterpillar with a black head.
The leafroller insect also causes similar damage, but rolls only one leaf, then feeds and rests within the rolled leaf.
Both insects cause unsightly damage, but won’t harm the hydrangeas.
When you see the damage in early spring, open the leaves to inspect the contents and squish the buds that you find. If this rates a 1,000 in your 1-10 EEEEECK Scale, you can also cut off the infested leaves at the petiole and squash the caterpillars or throw them into the trash. Clean up the ground below the shrubs, too, because the caterpillars drop to the ground and pupate in the summer and emerge as adult moths.