GrowGeneration Corp. (GRWG) Financial Statements
Industry: Building Materials, Hardware, Garden Supply (Retail)
In fiscal 2025, GrowGeneration reported revenue of $161.7M, down 14.4% from $188.9M the year before. Net income was -$24.0M (a -14.9% net margin), or -$0.40 per diluted share. Gross margin was 26.8% and operating margin was -15.8%. Operating activities generated -$9.4M of cash. At fiscal year end, GrowGeneration held $147.0M in total assets against $49.5M in total liabilities, including $30.4M of cash and equivalents.
Open the full interactive GrowGeneration financials → Quarterly statements, key ratios, valuation history and price charts.
GrowGeneration Key Stats
| Share Price | $1.49 |
|---|---|
| Market Cap | $89.1M |
| Revenue YoY Growth | -14.4% |
| 52-Week Range | $1.04 – $2.20 |
| Shares Outstanding | 59.8 million (basic, 2026 Q2) |
GrowGeneration Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $193.4M | $422.5M | $278.2M | $225.9M | $188.9M | $161.7M |
| Gross Profit | $51.0M | $118.2M | $70.3M | $61.3M | $43.7M | $43.3M |
| Operating Income | $8.4M | $15.0M | -$167.9M | -$49.8M | -$52.0M | -$25.6M |
| Pre-Tax Income | $8.6M | $15.2M | -$166.6M | -$46.5M | -$49.4M | -$23.9M |
| Income Tax | $3.3M | $2.4M | -$2.9M | $32,000 | $158,000 | $191,000 |
| Net Income | $5.3M | $12.8M | -$163.7M | -$46.5M | -$49.5M | -$24.0M |
| Diluted EPS | $0.11 | $0.21 | -$2.69 | -$0.76 | -$0.82 | -$0.40 |
GrowGeneration Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $47.3M | $37.8M | $38.4M | $43.2M |
| Net Income | -$2.4M | -$7.4M | -$4.9M | -$2.0M |
| Diluted EPS | -$0.04 | -$0.12 | -$0.08 | -$0.03 |
GrowGeneration Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $177.9M | $41.4M | $40.1M | $29.8M | $27.5M | $30.4M |
| Current Assets | $250.2M | $216.9M | $170.7M | $147.5M | $113.2M | $103.7M |
| Total Assets | $354.7M | $459.3M | $293.4M | $239.1M | $174.4M | $147.0M |
| Current Liabilities | $27.3M | $47.1M | $35.8M | $30.9M | $24.3M | $26.0M |
| Total Long-Term Debt | $240,864 | $158,000 | $50,000 | — | — | — |
| Total Liabilities | $37.7M | $88.0M | $77.0M | $65.7M | $54.3M | $49.5M |
| Shareholders' Equity | $317.0M | $371.3M | $216.4M | $173.4M | $120.1M | $97.5M |
GrowGeneration Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$213,790 | $5.2M | $11.9M | $1.4M | -$1.8M | -$9.4M |
| Cash From Investing | -$45.8M | -$139.3M | -$11.6M | -$11.4M | $5.7M | $12.6M |
| Cash From Financing | $211.0M | -$2.4M | -$1.7M | -$313,000 | -$6.2M | -$220,000 |
Figures from GrowGeneration's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full GrowGeneration financials page for every line item.
GrowGeneration Company Profile
| Ticker | GRWG |
|---|---|
| Exchange | Nasdaq |
| Industry | Building Materials, Hardware, Garden Supply (Retail) |
| Headquarters | Greenwood Village, Colorado |
| Incorporated in | Colorado |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001604868 |
Frequently Asked Questions
What was GrowGeneration's revenue in fiscal 2025?
GrowGeneration (GRWG) reported revenue of $161.7M for fiscal 2025.
What is GrowGeneration's annual revenue history?
GrowGeneration's annual revenue by fiscal year: 2020: $193.4M; 2021: $422.5M; 2022: $278.2M; 2023: $225.9M; 2024: $188.9M; 2025: $161.7M.
What was GrowGeneration's net income in fiscal 2025?
GrowGeneration reported net income of -$24.0M for fiscal 2025.
What was GrowGeneration's earnings per share (EPS) in fiscal 2025?
GrowGeneration's diluted EPS was -$0.40 for fiscal 2025 (adjusted for any later stock splits).
What was GrowGeneration's revenue last quarter?
In its most recent reported quarter (2026 Q2), GrowGeneration reported revenue of $43.2M.
How many shares of GrowGeneration are outstanding?
GrowGeneration reported a weighted average of 59.8 million basic shares outstanding in 2026 Q2.
What is GrowGeneration's market cap?
Based on its latest closing price, GrowGeneration (GRWG) has a market capitalization of about $89.1M.
When does GrowGeneration's fiscal year end?
GrowGeneration's fiscal year end, as registered with the SEC, is December 31.
Where is GrowGeneration headquartered?
GrowGeneration lists its business address in Greenwood Village, Colorado in its SEC filings.
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