GRWG
GrowGeneration Corp
NASDAQ: GRWG · CONSUMER CYCLICAL · SPECIALTY RETAIL
$1.32
+3.13% today
Updated 2026-04-30
Market cap
$82.92M
P/E ratio
—
P/S ratio
0.51x
EPS (TTM)
$-0.40
Dividend yield
—
52W range
$1 – $2
Volume
0.5M
GrowGeneration Corp (GRWG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44M | $3.46M | $7.98M | $14.36M | $29.00M | $79.73M | $193.37M | $422.49M | $278.17M | $225.88M | $188.87M | $161.74M |
| Revenue growth (YoY) | — | +139.5% | +131.0% | +80.0% | +101.9% | +174.9% | +142.5% | +118.5% | -34.2% | -18.8% | -16.4% | -14.4% |
| Cost of revenue | $974678.00 | $2.35M | $5.78M | $11.09M | $22.56M | $57.73M | $142.32M | $304.25M | $207.90M | $164.62M | $145.14M | $129.76M |
| Gross profit | $468161.00 | $1.10M | $2.20M | $3.27M | $6.44M | $22.00M | $51.05M | $118.24M | $70.26M | $61.26M | $43.72M | $31.98M |
| Gross margin | 32.4% | 31.9% | 27.6% | 22.8% | 22.2% | 27.6% | 26.4% | 28.0% | 25.3% | 27.1% | 23.1% | 19.8% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $253307.00 | $1.39M | $2.07M | $3.01M | $5.15M | $9.28M | $21.45M | $36.90M | $32.76M | $28.00M | $66.34M | $26.27M |
| Operating income | $-224503.00 | $-514620.00 | $-425993.00 | $-2.85M | $-4.26M | $1.58M | $8.44M | $15.00M | $-167.88M | $-49.84M | $-51.97M | $-24.31M |
| Operating margin | -15.6% | -14.9% | -5.3% | -19.8% | -14.7% | 2.0% | 4.4% | 3.6% | -60.4% | -22.1% | -27.5% | -15.0% |
| EBITDA | $-220220.00 | $-499613.00 | $-373031.00 | $-2.38M | $-3.71M | $2.77M | $11.03M | $27.87M | $-149.48M | $-29.76M | $-29.85M | $-13.02M |
| EBITDA margin | -15.3% | -14.5% | -4.7% | -16.5% | -12.8% | 3.5% | 5.7% | 6.6% | -53.7% | -13.2% | -15.8% | -8.0% |
| EBIT | $-224503.00 | $-516049.00 | $-425993.00 | $-2.53M | $-4.06M | $1.72M | $8.59M | $15.27M | $-166.61M | $-46.37M | $-49.28M | $-24.31M |
| Interest expense | $0.00 | $2916.00 | $5251.00 | $15339.00 | $1.01M | $401497.00 | $14053.00 | $43000.00 | $21000.00 | $97000.00 | $70000.00 | $0.00 |
| Income tax | $0.00 | $-8304.00 | $-862.49M | $16551.00 | $195059.00 | $396952.00 | $3.25M | $2.44M | $-2.88M | $32000.00 | $158000.00 | — |
| Effective tax rate | 0.0% | 1.5% | 100.0% | -0.7% | -4.0% | 23.1% | 37.9% | 16.0% | 1.7% | -0.1% | -0.3% | 0.0% |
| Net income | $-227586.00 | $-528756.00 | $-431244.00 | $-2.54M | $-5.07M | $1.32M | $5.33M | $12.79M | $-163.75M | $-46.50M | $-49.51M | $-24.05M |
| Net income growth (YoY) | — | -132.3% | +18.4% | -489.6% | -99.6% | +126.1% | +303.0% | +140.0% | -1380.7% | +71.6% | -6.5% | +51.4% |
| Profit margin | -15.8% | -15.3% | -5.4% | -17.7% | -17.5% | 1.7% | 2.8% | 3.0% | -58.9% | -20.6% | -26.2% | -14.9% |