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
DateValue
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%