GrowGeneration (GRWG) Operating Expenses (2015 - 2026)

GrowGeneration has reported Operating Expenses for 12 years, with the latest figure at $6.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 27.2% year-over-year to $6.4 million; the trailing twelve-month figure through Mar 2026 stood at $45.8 million (down 57.09% YoY), and the FY2025 full-year result was $30.7 million, down 67.89% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.4 million, down from $6.8 million in the prior quarter.
• The five-year high for Operating Expenses was $157.0 million in Q2 2022, with the low at $6.4 million in Q1 2026.
• Historically, Operating Expenses has averaged $28.4 million across 5 years, with a median of $16.9 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 501.55% — and 2025, when it slumped 89.47%.
• GrowGeneration's Operating Expenses stood at $25.3 million in 2022, then surged by 56.92% to $39.7 million in 2023, then jumped by 63.13% to $64.8 million in 2024, then tumbled by 89.47% to $6.8 million in 2025, then declined by 6.25% to $6.4 million in 2026.
• The last three Operating Expenses figures came in at $6.4 million (Q1 2026), $6.8 million (Q4 2025), and $15.7 million (Q3 2025), per Business Quant data.