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

GrowGeneration has reported Cost of Revenue for 12 years, with the latest figure at $28.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 10.21% year-over-year to $28.7 million; the trailing twelve-month figure through Mar 2026 stood at $121.1 million (down 10.69% YoY), and the FY2025 full-year result was $118.5 million, down 18.38% from the prior year.
• Cost of Revenue for Q1 2026 stood at $28.7 million, roughly flat from $28.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $59.6 million in Q1 2022, with the low at $26.0 million in Q1 2025.
• Historically, Cost of Revenue has averaged $39.1 million across 5 years, with a median of $39.1 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 43.59% — and 2026, when it climbed 10.21%.
• GrowGeneration's Cost of Revenue stood at $44.9 million in 2022, then decreased by 15.78% to $37.8 million in 2023, then fell by 17.19% to $31.3 million in 2024, then decreased by 8.32% to $28.7 million in 2025, then fell by 0.18% to $28.7 million in 2026.
• The last three Cost of Revenue figures came in at $28.7 million (Q1 2026), $28.7 million (Q4 2025), and $34.4 million (Q3 2025), per Business Quant data.