GrowGeneration (GRWG) Gross Margin (2015 - 2026)
GrowGeneration's Gross Margin was 28.51% in Q2 2026, up 0.21 percentage points from 28.30% a year earlier and up 3.14 percentage points from the prior quarter.
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Analysis
GrowGeneration (GRWG) Gross Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, GrowGeneration's Gross Margin was 26.42% through Jun 30, 2026, up 3.12 percentage points year-over-year; for FY2025, it was 26.76%, up 3.61 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.36 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 23.15% in FY2024 (-3.97 pp), 27.12% in FY2023 (+1.86 pp), 25.26% in FY2022 (-2.73 pp) and 27.99% in FY2021 (+1.59 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q3 2023.
- Compared with a year earlier, Gross Margin was higher in five of the last eight quarters, with an average year-over-year change of -0.02 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2025 (a gain of 7.74 percentage points); the worst was Q4 2022 (a drop of 7.93 percentage points).
- Per Business Quant data, GRWG's Gross Margin in the three quarters before Q2 2026 was 25.37% (Q1 2026), 24.11% (Q4 2025) and 27.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 33.83% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 33.67% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 51.45% |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 18.76% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 52.15% |
| 10 | GrowGeneration | 93.51 Mn | -83.00 Mn | 12.32 Mn | 28.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.51% |
| Mar 31, 2026 | 25.37% |
| Dec 31, 2025 | 24.11% |
| Sep 30, 2025 | 27.21% |
| Jun 30, 2025 | 28.30% |
| Mar 31, 2025 | 27.19% |
| Dec 31, 2024 | 16.37% |
| Sep 30, 2024 | 21.62% |
| Jun 30, 2024 | 26.94% |
| Mar 31, 2024 | 25.82% |
| Dec 31, 2023 | 23.55% |
| Sep 30, 2023 | 29.07% |
| Jun 30, 2023 | 26.81% |
| Mar 31, 2023 | 28.66% |
| Dec 31, 2022 | 17.56% |
| Sep 30, 2022 | 25.88% |
| Jun 30, 2022 | 28.45% |
| Mar 31, 2022 | 27.08% |
| Dec 31, 2021 | 25.49% |
| Sep 30, 2021 | 29.36% |
API Access
GrowGeneration Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GRWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GRWG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GRWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();