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Financials · GRWG

GrowGeneration Corp. (GRWG) financials

For the twelve months ended Jun 30, 2026, GrowGeneration Corp. reported $166.68M of revenue and -$16.79M of net income.

Revenue, TTM
$166.68M
Revenue growth, YoY
+1.6%
Net income, TTM
-$16.79M
Net margin
-10.1%
EPS, diluted, TTM
-$0.27
Cash
$23.46M
P/S
0.53
Market cap
$89.0M
Annual revenue$161.74M
FY2016FY2025
Annual net income-$24.05M
FY2016FY2025
Annual free cash flow-$1.60M
FY2017FY2018

GRWG revenue and earnings growth

GRWG revenueQ2 2026$43.22M

Quarter YoY
+5.5%
QoQ
+12.6%
FY YoY
-14.4%
5Y CAGR
-3.5%

GRWG revenue was $43.22M in fiscal Q2 2026 (ended Jun 30, 2026), up 5.5% from a year earlier and up 12.6% from the prior quarter. For the full fiscal 2025 it was $161.74M, down 14.4% from fiscal 2024. Compound annual growth was -3.5% over 5 years. It rose in 5 of the last 9 fiscal years.

GRWG net incomeQ2 2026-$2.01M

GRWG net income was -$2.01M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$4.81M a year earlier. For the full fiscal 2025 it was -$24.05M, compared with -$49.51M in fiscal 2024.

GRWG EPSQ2 2026-$0.03

GRWG diluted EPS was -$0.03 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.08 a year earlier. For the full fiscal 2025 it was -$0.40, compared with -$0.82 in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$161.74M$188.87M$225.88M$278.17M$422.49M$193.37M$79.73M$29.00M$14.36M$7.98M
Cost of revenue----$304.25M$142.32M$57.73M$22.56M$11.09M$5.78M
Gross profit$43.27M$43.72M$61.26M$70.26M$118.24M$51.05M$22.00M$6.44M$3.27M$2.20M
Selling, general and admin$26.27M$29.24M$29.80M$36.76M$39.47M$20.87M$9.28M$1.60M$1.02M$386.0K
Operating income-$25.59M-$51.97M-$49.84M-$167.88M$15.00M$8.44M$1.58M-$4.26M-$2.85M-$426.0K
Interest expense$0$70.0K$97.0K$21.0K--$45.2K$23.6K$15.3K$5.3K
Pre-tax income-$23.86M-$49.35M-$46.46M-$166.63M$15.23M$8.58M$1.32M---$431.2K
Income tax$191.0K$158.0K$32.0K-$2.88M$2.44M$3.25M$0$0$0$0
Net income-$24.05M-$49.51M-$46.50M-$163.75M$12.79M$5.33M$1.32M-$5.07M-$2.54M-$431.2K
EPS, basic-$0.40-$0.82-$0.76-$2.69$0.22$0.12$0.04-$0.22-$0.18-$0.05
EPS, diluted-$0.40-$0.82-$0.76-$2.69$0.21$0.11$0.04-$0.22-$0.18-$0.05
Diluted shares59.7M60.2M61.2M60.8M60.5M46.5M33.9M23.5M14.5M9.2M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$30.41M$27.47M$29.76M$40.05M$41.37M$177.91M$12.98M$14.64M$1.22M$606.6K
Short-term investments$15.66M$28.98M$35.21M$31.85M$39.79M$0----
Receivables$10.67M$7.36M$8.89M$8.34M$5.74M$3.90M$2.95M$862.4K$653.6K$391.2K
Inventory$38.78M$40.30M$64.91M$77.09M$105.57M$54.02M$21.58M$8.87M$4.59M$2.57M
Current assets$103.75M$113.21M$147.45M$170.68M$216.89M$250.23M$41.10M$24.98M$7.17M$3.61M
Goodwill$2.08M$1.60M$7.53M$15.98M$125.40M$62.95M$17.80M$8.75M$592.5K$243.0K
Total assets$147.04M$174.35M$239.09M$293.44M$459.34M$354.73M$70.94M$35.89M$9.25M$4.44M
Current liabilities$25.98M$24.27M$30.93M$35.79M$47.08M$27.35M$12.08M$3.41M$1.59M$842.9K
Short-term debt--$0$50.0K$92.0K$83.0K$110.2K$436.8K$41.7K$23.4K
Long-term debt---$0$66.0K$158.0K$242.1K$375.6K$82.5K$41.7K
Total debt---$50.0K$158.0K$241.0K$352.3K$812.4K$124.2K$65.2K
Total liabilities$49.54M$54.26M$65.69M$77.05M$88.05M$37.74M$18.13M$5.83M$1.68M$884.6K
Shareholders' equity$97.50M$120.09M$173.40M$216.40M$371.29M$317.00M$52.81M$29.53M$7.58M$3.56M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$9.45M-$1.80M$1.42M$11.95M$5.16M-$213.0K-$3.34M-$1.54M-$3.41M-$1.42M
Capital expenditures-------$61.5K$403.9K-
Free cash flow--------$1.60M-$3.81M-
Investing cash flow$12.60M$5.73M-$11.40M-$11.57M-$139.32M-$45.83M-$11.81M-$6.37M-$1.18M-$264.1K
Financing cash flow-$220.0K-$6.21M-$313.0K-$1.69M-$2.38M$210.98M$13.49M$21.33M$5.19M$1.59M
Share repurchases$0$6.04M$0$0------
Stock-based compensation$1.51M$2.42M$3.17M$4.97M$6.58M$7.86M$2.49M$1.90M$1.08M$219.3K
Depreciation and amortization$11.29M$19.44M$16.61M$17.13M$12.60M$2.44M$1.04M$351.1K$151.6K$53.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-14.4%-16.4%-18.8%-34.2%118.5%142.5%174.9%101.9%80.0%-
Net income growth, YoY----140.0%303.0%----
EPS growth, YoY----90.9%175.0%----
Gross margin26.8%23.1%27.1%25.3%28.0%26.4%27.6%22.2%22.8%27.6%
Operating margin-15.8%-27.5%-22.1%-60.4%3.6%4.4%2.0%-14.7%-19.8%-5.3%
Net margin-14.9%-26.2%-20.6%-58.9%3.0%2.8%1.7%-17.5%-17.7%-5.4%
Free cash flow margin--------5.5%-26.5%-
Return on equity-24.7%-41.2%-26.8%-75.7%3.4%1.7%2.5%-17.2%-33.5%-12.1%
Return on assets-16.4%-28.4%-19.4%-55.8%2.8%1.5%1.9%-14.1%-27.5%-9.7%
Current ratio3.994.664.774.774.619.153.407.314.504.28
Debt to equity---0.000.000.000.010.030.020.02

Source: XBRL data GrowGeneration Corp. files with the SEC, latest filing dated Aug 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

GRWG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GRWG$166.68M+1.6%-$16.79M-10.1%$89.0M
HYFM$106.21M-34.1%-$283.79M-267.2%$3.5M
SMG$3.48B+4.6%$73.90M2.1%$3.79B
CENT$3.08B-1.2%$166.31M5.4%$3.01B
HD$169.18B+2.5%$14.23B8.4%$350.19B
LOW$90.43B+8.2%$6.64B7.3%$130.09B
TSCO$15.94B+3.5%$1.85B11.6%$19.45B

GRWG FAQ

8 questions
  • What is GRWG revenue?
    GrowGeneration Corp. (GRWG) reported $166.68M of revenue for the twelve months ended Jun 30, 2026. That is up 1.6% from the year before. Revenue for fiscal 2025 was $161.74M.
  • Is GRWG profitable?
    No. GrowGeneration Corp. reported a net loss of $16.79M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does GRWG have?
    GrowGeneration Corp. reported $23.46M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GRWG revenue growing?
    GrowGeneration Corp.'s revenue changed -14.4% in fiscal 2025, to $161.74M. Its compound annual growth rate was -3.5% over 5 years.
  • What is GRWG gross margin?
    GrowGeneration Corp.'s gross profit was $44.03M on $166.68M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 26.4%.
  • What is GRWG earnings per share?
    Diluted earnings per share were -$0.27 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did GRWG last report financial results?
    The latest statements here come from GrowGeneration Corp.'s 10-Q filed on Aug 11, 2026, covering the period ended Jun 30, 2026.
  • Where does this GRWG financial data come from?
    Quantisnow builds these statements from the structured XBRL data GrowGeneration Corp. files with the SEC. It is provided for information only and is not investment advice.