GrowGeneration (GRWG) Company Report

GrowGeneration reported net sales of $47.3 million in Q3 2025, marking a 15.4% sequential increase, and achieved its first positive adjusted EBITDA in several years at $1.3 million, representing a $3.7 million improvement from the prior year.
Gross margins expanded to 27.2% in Q3 2025, primarily due to proprietary brands growing to 31.6% of cultivation and gardening revenue, up from 23.8% a year ago. The company aims for proprietary brands to reach approximately 40% of cultivation and gardening revenue in 2026.
Total operating expenses were significantly reduced by 31.5% year-over-year, and the company maintains a strong balance sheet with $48.3 million in cash and no debt as of Q3 2025.
For Q4 2025, revenue is expected to be approximately $40 million, and the company anticipates positive revenue growth and positive adjusted EBITDA in 2026.

Nov 6, 2025, 9:30 PM

GrowGeneration Reports Third Quarter 2025 Financial Results

GRWG

Earnings

Guidance Update

Revenue Acceleration/Inflection

GrowGeneration Corp. reported net sales of $47.3 million for the third quarter of 2025, representing a 15.4% sequential increase.
The company achieved a net loss of $2.4 million in Q3 2025, a $9.0 million improvement compared to the prior year, and Adjusted EBITDA turned positive at $1.3 million.
Gross profit margin expanded to 27.2% in Q3 2025, up from 21.6% in Q3 2024, primarily due to proprietary brand sales increasing to 31.6% of Cultivation and Gardening net sales.
Total operating expenses decreased by 31.5% to $15.7 million in Q3 2025 compared to $22.9 million in the prior year.
For the fourth quarter of 2025, the company expects total consolidated net sales of approximately $40 million.

Nov 6, 2025, 9:08 PM

GrowGeneration Reports Q3 2025 Financial Results with Sequential Sales Growth and Positive Adjusted EBITDA

GRWG

Earnings

Guidance Update

Revenue Acceleration/Inflection

GrowGeneration reported net sales of $47.3 million in Q3 2025, marking a 15.4% sequential increase, and achieved positive Adjusted EBITDA of $1.3 million, representing its strongest profitability in four years.
The company's gross profit margin expanded to 27.2% in Q3 2025, up from 21.6% in the prior year, largely driven by proprietary brand sales increasing to 31.6% of Cultivation and Gardening revenue. Total operating expenses decreased 31.5% year-over-year to $15.7 million.
Net loss narrowed to $2.4 million in Q3 2025, an improvement of $9.0 million compared to the prior year. As of September 30, 2025, GrowGeneration maintained a strong balance sheet with $48.3 million in cash, cash equivalents, and marketable securities and no debt.
For Q4 2025, the company expects consolidated net sales of approximately $40 million and anticipates both positive revenue growth and positive Adjusted EBITDA in 2026.

Nov 6, 2025, 9:05 PM

GrowGeneration Partners with Arett Sales for Distribution Expansion

GRWG

New Projects/Investments

GrowGeneration Corp. is expanding its U.S. distribution through a new strategic partnership with Arett Sales, a leading national lawn, garden, and outdoor living distributor.
This collaboration will bring GrowGeneration’s proprietary cultivation brands, including Char Coir, Drip Hydro, Power Si, The Harvest Company, and Viagrow, into thousands of new retail doors.
Arett Sales will distribute these products through its 32-state distribution network, serving independent garden centers, hardware stores, nurseries, regional chains, and national accounts.
The agreement, which commences immediately, supports GrowGeneration's strategy to drive margin-accretive growth through its proprietary product portfolio and expand retail channel access.