GrowGeneration (GRWG) Cost of Revenue (2015 - 2026)
GrowGeneration's (GRWG) quarterly Cost of Revenue came in at $28.7 million in Q1 2026, up 10.21% YoY from $26.0 million in Q1 2025, and little changed on a QoQ basis from $28.7 million in Q4 2025.
GrowGeneration (GRWG) Cost of Revenue (2015 - 2026) Analysis & Trends
GrowGeneration (GRWG) has 12 years of Cost of Revenue data on file, last reported at $28.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 10.21% year-over-year to $28.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $121.1 million (down 10.69% YoY) and the FY2025 annual result came in at $118.5 million, down 18.38% from the prior year.
- Cost of Revenue steadied at $28.7 million in Q1 2026, from $28.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $59.6 million in Q1 2022 to a low of $26.0 million in Q1 2025.
- A 5-year average of $39.1 million and a median of $39.1 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue slumped 43.59% — and 2026, when it climbed 10.21%.
- Tracing GRWG's Cost of Revenue over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.86 Bn | 30.34 Bn | 1.08 Bn | 3.49 Bn |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 1.25 Bn |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 1.90 Bn |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 2.86 Bn |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 6.83 Bn |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 3.48 Bn |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 806.96 Mn |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 6.06 Bn |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 1.48 Bn |
| 10 | GrowGeneration | 103.54 Mn | 62.52 Mn | 12.32 Mn | 30.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.90 Mn |
| Jun 30, 2026 | 30.90 Mn |
| Mar 31, 2026 | 28.65 Mn |
| Mar 31, 2026 | 28.65 Mn |
| Dec 31, 2025 | 28.70 Mn |
| Dec 31, 2025 | 28.70 Mn |
| Sep 30, 2025 | 34.40 Mn |
| Sep 30, 2025 | 34.40 Mn |
| Jun 30, 2025 | 29.37 Mn |
| Jun 30, 2025 | 29.37 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | 31.31 Mn |
| Dec 31, 2024 | 31.31 Mn |
| Sep 30, 2024 | 39.20 Mn |
| Sep 30, 2024 | 39.20 Mn |
| Jun 30, 2024 | 39.12 Mn |
| Jun 30, 2024 | 39.12 Mn |
| Mar 31, 2024 | 35.52 Mn |
| Mar 31, 2024 | 35.52 Mn |