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GrowGeneration Corp.

GRWG · Nasdaq

$1.655

+3.44% (24h)

Last updated: 1 second ago

Market Cap

$97.51M

Volume (24h)

184.21K

Last Close (7D)

$1.65

View on TradingView
Earnings Nov 12 · in 69d

Latest Quarter

Q1 FY2026ended 2026-03-31 · filed 2026-05-12

View 10-Q on SEC
Revenue

$38.39M

+7.53% YoY
Net Income

$-4.92M

+47.51% YoY
Operating Income

$-5.26M

+46.68% YoY
EPS (Diluted)

-$0.08

+50.00% YoY
Cash

$21.68M

Total Assets

$139.58M

Equity

$92.83M

Long-term Debt

N/A

What this quarter tells us

GrowGeneration's Q1 FY2026 shows revenue growth of 7.5% YoY to $38.4M, with net loss narrowing by 47.5% to -$4.9M, driven by cost controls. Balance sheet remains debt-free with $21.7M cash and $92.8M equity, though cash burn persists. No dilution events in the past 12 months.

  • •Revenue grew 7.5% YoY to $38.4M, but the prior-year quarter was weak ($35.7M), so growth partly reflects a low base.
  • •Net loss improved 47.5% YoY to -$4.9M (-$0.08 EPS vs -$0.16), with operating loss narrowing similarly, indicating cost discipline.
  • •Balance sheet is debt-free with $21.7M cash and $92.8M equity; no dilution events in the last 12 months, but cash burn of ~$4.9M per quarter suggests limited runway without improved profitability.

Informational summary based on SEC XBRL figures · generated by AI agent. Not investment advice.

Earnings reports (12m): 0Dilution / offering filings (12m): 0Source: SEC EDGAR XBRL

Company Profile

Exchange
Nasdaq
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
248
Website
www.growgeneration.com
Country
🇺🇸 United States

The largest chain of hydroponic and organic gardening supply stores in the US, GrowGeneration serves professional cannabis cultivators and home growers with hardware, nutrients, and growing systems.

  • 🪴 60+ stores across 12 states make it the go-to retail source for commercial cannabis grower supplies
  • 📦 Proprietary store brands (Drip Hydro, Ion Lights) improve margins versus pure third-party retail
  • 📉 Business is highly cyclical — cannabis licensing booms drive growth, but market saturation slows it quickly

Key Stats

52-Week Range
$1.01$2.40
Beta2.56
Trailing P/EN/A
Forward P/E-33.10
Trailing EPS-0.28
Avg Volume

Earnings & Analyst

Next Earnings2026-11-12
EPS EstimateN/A
Target Mean Price$2.50
RecommendationNone
Recommendation MeanN/A

Recent SEC Filings

All filings
  • Shareholder vote

    On June 18, 2026, GrowGeneration Corp. (the company ) held its 2026 Annual Meeting of Shareholders (the Annual Meeting ) through remote communication.

    8-K · 5.07,9.01

    2026-06-22

    SEC

  • Quarterly report

    Filed quarterly report for period ended 2026-03-31 (10-Q).

    10-Q

    2026-05-12

    SEC

  • Regulation FD disclosure

    Regulation FD Disclosure On May 12, 2026, GrowGeneration Corp. (the "Company") published a press release regarding its financial results for the first quarter of 2026 and updated guidance for the full year 2026.

Frequently Asked Questions

What does GrowGeneration (GRWG) do?

GrowGeneration is the largest chain of hydroponic and organic gardening supply stores in the United States. The company serves both professional cannabis cultivators and home growers by providing a wide range of products including hardware, nutrients, and complete growing systems. With over 60 stores across 12 states, GrowGeneration positions itself as a go-to retail source for commercial cannabis grower supplies. The company also develops proprietary store brands such as Drip Hydro and Ion Lights, which help improve profit margins compared to selling only third-party products.

What is GrowGeneration's business model?

GrowGeneration operates as a retail chain specializing in hydroponic and organic gardening supplies. Its business model focuses on selling equipment and nutrients to cannabis cultivators and home growers through a network of physical stores. By offering proprietary brands like Drip Hydro and Ion Lights, the company enhances its margins beyond what typical third-party retail provides. The business is highly cyclical, with growth driven by cannabis licensing booms, but it can slow quickly when market saturation occurs.

Where does GrowGeneration operate?

GrowGeneration operates over 60 stores across 12 states in the United States. The company's retail footprint is concentrated in regions with active cannabis markets, serving both commercial cultivators and home growers. While the exact states are not specified in the data, the company's presence in multiple states underscores its role as a national supplier of hydroponic and organic gardening supplies.

What category does GrowGeneration fall under in the cannabis sector?

GrowGeneration is classified as a cannabis ancillary or supporting business. Unlike plant-touching companies such as MSOs (multi-state operators) or Canadian LPs (licensed producers), GrowGeneration does not cultivate, process, or distribute cannabis itself. Instead, it provides essential equipment and supplies to cannabis growers, making it a key player in the ancillary segment of the cannabis industry.

What are GrowGeneration's notable differentiators?

GrowGeneration differentiates itself through its scale and proprietary brands. As the largest chain of hydroponic and organic gardening supply stores in the US, it offers a wide selection of products across 60+ locations in 12 states. The company's proprietary store brands, Drip Hydro and Ion Lights, allow it to improve profit margins compared to relying solely on third-party products. However, the business is highly cyclical, with performance closely tied to cannabis licensing trends and market saturation.

Latest News

  • Benzinga · Aug 28, 2026

    President And Founder Of Seabreeze Capital Partners LP Dougie Kass Posts On X "We have moved to super size $MSOS and individual cannabis stocks in the belief that a favorable rescheduling announcement will come shortly."

  • Yahoo · Aug 17, 2026

    Are Basic Materials Stocks Lagging GrowGeneration (GRWG) This Year?

  • Yahoo · Aug 17, 2026

    Local Bounti’s Network Yields at Record Levels, Retail Momentum Broadened – Quarterly Update Report

  • Yahoo · Aug 14, 2026

    GrowGeneration Beats on Q2 Earnings, Hikes '26 Adjusted EBITDA View

  • ChartMill · Aug 14, 2026

    Small-Cap Cannabis Stocks Surge, but Big-Cap Laggards Reveal a Narrow, Speculative Rally

  • Yahoo · Aug 13, 2026

    GrowGeneration (GRWG) Is Attractively Priced Despite Fast-paced Momentum

364.13K
Enterprise Value$79.33M
Shares Outstanding58.92M

8-K · 7.01,9.01

2026-05-12

SEC

  • Proxy statement

    Proxy statement filed on 2026-04-28 (DEF 14A).

    DEF 14A

    2026-04-28

    SEC

  • Annual report

    Filed annual report for year ended 2025-12-31 (10-K).

    10-K

    2026-03-20

    SEC

  • Regulation FD disclosure

    Regulation FD Disclosure On March 19, 2026, GrowGeneration Corp.

    8-K · 7.01,9.01

    2026-03-19

    SEC

  • Material agreement

    02 below is incorporated herein by reference.

    8-K · 1.01,5.02,9.01

    2025-12-30

    SEC

  • Quarterly report

    Filed quarterly report for period ended 2025-09-30 (10-Q).

    10-Q

    2025-11-06

    SEC

  • Regulation FD disclosure

    Regulation FD Disclosure On November 6, 2025, GrowGeneration Corp. published a press release regarding its financial results for the third quarter of 2025.

    8-K · 7.01,9.01

    2025-11-06

    SEC

  • Quarterly report

    Filed quarterly report for period ended 2025-06-30 (10-Q).

    10-Q

    2025-08-11

    SEC