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

GrowGeneration's Cost of Revenue history runs 12 years deep, the most recent figure standing at $28.7 million for 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 was $28.7 million for Q1 2026 at GrowGeneration, roughly flat from $28.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $59.6 million in Q1 2022 and bottomed at $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 sank 43.59% — and 2026, when it rose 10.21%.
• GrowGeneration's Cost of Revenue stood at $44.9 million in 2022, then dropped by 15.78% to $37.8 million in 2023, then decreased by 17.19% to $31.3 million in 2024, then dropped by 8.32% to $28.7 million in 2025, then decreased by 0.18% to $28.7 million in 2026.
• Business Quant data shows GRWG's Cost of Revenue at $28.7 million in Q1 2026, $28.7 million in Q4 2025, and $34.4 million in Q3 2025.