GrowGeneration (GRWG) Net Margin (2015 - 2026)
GrowGeneration (GRWG) posted Net Margin of 12.82% for Q1 2026, up 34.66% on a QoQ basis from 19.62% in Q4 2025, and up 1344.0% year-over-year from 0.89% in Q1 2025.
GrowGeneration (GRWG) Net Margin (2015 - 2026) Analysis & Trends
GrowGeneration's Net Margin history runs 12 years deep, the most recent figure standing at 12.82% for Q1 2026.
- Quarterly Net Margin rose 1344.0% year-over-year to 12.82% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.91% (up 1641.0% YoY) and the FY2025 annual result came in at 14.87%, up 1135.0% from the prior year.
- Net Margin was 12.82% for Q1 2026 at GrowGeneration, up from 19.62% in the prior quarter.
- Across five years, Net Margin topped out at 5.16% in Q3 2025 and bottomed at 191.83% in Q2 2022.
- A 5-year average of 30.25% and a median of 13.2% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 19716 bps — and 2023, when it surged 18292 bps.
- GrowGeneration's Net Margin stood at 27.52% in 2022, then tumbled by 101 bps to 55.23% in 2023, then slipped by 13 bps to 62.35% in 2024, then surged by 69 bps to 19.62% in 2025, then jumped by 35 bps to 12.82% in 2026.
- Business Quant data shows GRWG's Net Margin at 12.82% in Q1 2026, 19.62% in Q4 2025, and 5.16% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.43 Bn | 31.91 Bn | 1.08 Bn | 3.56% |
| 2 | NaaS Technology | 31.54 Bn | 31.54 Bn | - | - |
| 3 | Williams Sonoma | 28.17 Bn | 27.15 Bn | 1.10 Bn | 15.61% |
| 4 | Ulta Beauty | 23.05 Bn | 22.56 Bn | 1.48 Bn | 9.15% |
| 5 | Best Buy | 18.23 Bn | 16.48 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 16.52 Bn | 15.17 Bn | 1.77 Bn | 2.06% |
| 7 | MINISO Group Holding | 15.94 Bn | 14.87 Bn | 414.86 Mn | -2.26% |
| 8 | Tractor Supply | 15.92 Bn | 15.70 Bn | 1.30 Bn | 4.58% |
| 9 | Five Below | 12.14 Bn | 11.21 Bn | 696.98 Mn | 13.78% |
| 10 | GrowGeneration | 87.13 Mn | 46.01 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% |