GrowGeneration (GRWG) Gross Margin (2015 - 2026)
GrowGeneration (GRWG) posted Gross Margin of 25.37% for Q1 2026, up 5.24% quarter-over-quarter from 24.11% in Q4 2025, and down 182.0% year-on-year from 30.94% in Q1 2025.
GrowGeneration (GRWG) Gross Margin (2015 - 2026) Analysis & Trends
GrowGeneration (GRWG) has reported Gross Margin for 12 consecutive years, with 25.37% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 25.37%, down 182.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.34% (up 310.0% YoY), and the FY2025 annual result was 26.76%, up 361.0% from the prior year.
- Gross Margin was 25.37% for Q1 2026 at GrowGeneration, up from 24.11% in the prior quarter.
- Over five years, Gross Margin peaked at 29.07% in Q3 2023 and troughed at 16.37% in Q4 2024.
- Average Gross Margin over 5 years is 25.29%, with a median of 26.81% recorded in 2023.
- Year-over-year, Gross Margin tumbled 793 bps in 2022 and jumped 774 bps in 2025.
- Over 5 years, Gross Margin stood at 17.56% in 2022, then soared by 34 bps to 23.55% in 2023, then tumbled by 30 bps to 16.37% in 2024, then jumped by 47 bps to 24.11% in 2025, then increased by 5 bps to 25.37% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 25.37% in Q1 2026, 24.11% in Q4 2025, and 27.21% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 23.63% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 46.87% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 23.52% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 82.59% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 40.32% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 97.03% |
| 10 | GrowGeneration | 91.34 Mn | 50.22 Mn | 9.74 Mn | 25.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 28.37% |