GrowGeneration (GRWG) Net Margin (2015 - 2026)
GrowGeneration (GRWG) reported Net Margin of 12.82% for Q1 2026, up 1344.0% on a YoY basis from 0.89% in Q1 2025, and up 34.66% quarter-over-quarter from 19.62% in Q4 2025.
GrowGeneration (GRWG) Net Margin (2015 - 2026) Analysis & Trends
GrowGeneration has reported Net Margin for 12 years, with the latest figure at 12.82% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1344.0% year-over-year to 12.82%; the trailing twelve-month figure through Mar 2026 stood at 11.91% (up 1641.0% YoY), and the FY2025 full-year result was 14.87%, up 1135.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.82%, up from 19.62% in the prior quarter.
- The five-year high for Net Margin was 5.16% in Q3 2025, with the low at 191.83% in Q2 2022.
- Historically, Net Margin has averaged 30.25% across 5 years, with a median of 13.2% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin plunged 19716 bps — and 2023, when it surged 18292 bps.
- GrowGeneration's Net Margin stood at 27.52% in 2022, then sank by 101 bps to 55.23% in 2023, then retreated by 13 bps to 62.35% in 2024, then soared by 69 bps to 19.62% in 2025, then surged by 35 bps to 12.82% in 2026.
- The last three Net Margin figures came in at 12.82% (Q1 2026), 19.62% (Q4 2025), and 5.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 28.23 Bn | 27.77 Bn | 1.01 Bn | 3.32% |
| 2 | Williams Sonoma | 25.94 Bn | 24.92 Bn | 1.10 Bn | 15.61% |
| 3 | Ulta Beauty | 21.42 Bn | 20.93 Bn | 1.48 Bn | 9.19% |
| 4 | Dick'S Sporting Goods | 18.30 Bn | 16.95 Bn | 1.77 Bn | 2.06% |
| 5 | Best Buy | 15.81 Bn | 14.06 Bn | 2.10 Bn | 3.09% |
| 6 | Tractor Supply | 15.78 Bn | 15.56 Bn | 1.30 Bn | 4.58% |
| 7 | NaaS Technology | 14.29 Bn | 14.27 Bn | - | - |
| 8 | Five Below | 10.51 Bn | 9.58 Bn | 696.98 Mn | 13.78% |
| 9 | Murphy USA | 10.28 Bn | 10.16 Bn | 3.98 Bn | 2.83% |
| 10 | GrowGeneration | 96.15 Mn | 55.03 Mn | 9.74 Mn | -12.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.82% |
| Dec 31, 2025 | -19.62% |
| Sep 30, 2025 | -5.16% |
| Jun 30, 2025 | -11.74% |
| Mar 31, 2025 | -26.26% |
| Dec 31, 2024 | -62.35% |
| Sep 30, 2024 | -22.87% |
| Jun 30, 2024 | -11.01% |
| Mar 31, 2024 | -18.45% |
| Dec 31, 2023 | -55.23% |
| Sep 30, 2023 | -13.20% |
| Jun 30, 2023 | -8.92% |
| Mar 31, 2023 | -10.79% |
| Dec 31, 2022 | -27.52% |
| Sep 30, 2022 | -10.17% |
| Jun 30, 2022 | -191.83% |
| Mar 31, 2022 | -6.33% |
| Dec 31, 2021 | -4.53% |
| Sep 30, 2021 | 3.47% |
| Jun 30, 2021 | 5.33% |