GrowGeneration (GRWG) Cost of Revenue (2015 - 2026)

GrowGeneration (GRWG) has reported Cost of Revenue for 12 consecutive years, with $28.7 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $28.7 million, up 10.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.1 million (down 10.69% YoY), and the FY2025 annual result was $118.5 million, down 18.38% from the prior year.
• Cost of Revenue was $28.7 million for Q1 2026 at GrowGeneration, roughly flat from $28.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $59.6 million in Q1 2022 and troughed at $26.0 million in Q1 2025.
• Average Cost of Revenue over 5 years is $39.1 million, with a median of $39.1 million recorded in 2024.
• Year-over-year, Cost of Revenue plunged 43.59% in 2022 and increased 10.21% in 2026.
• Over 5 years, Cost of Revenue stood at $44.9 million in 2022, then declined by 15.78% to $37.8 million in 2023, then slipped by 17.19% to $31.3 million in 2024, then declined by 8.32% to $28.7 million in 2025, then slipped by 0.18% to $28.7 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $28.7 million in Q1 2026, $28.7 million in Q4 2025, and $34.4 million in Q3 2025.