GrowGeneration (GRWG) Operating Expenses (2015 - 2026)

GrowGeneration (GRWG) posted Operating Expenses of $6.4 million for Q1 2026, down 6.25% quarter-over-quarter from $6.8 million in Q4 2025, and down 27.2% year-on-year from $8.8 million in Q1 2025.

GrowGeneration (GRWG) Operating Expenses (2015 - 2026) Analysis & Trends

GrowGeneration (GRWG) has reported Operating Expenses for 12 consecutive years, with $6.4 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $6.4 million, down 27.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $45.8 million (down 57.09% YoY), and the FY2025 annual result was $30.7 million, down 67.89% from the prior year.
  • Operating Expenses was $6.4 million for Q1 2026 at GrowGeneration, down from $6.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $157.0 million in Q2 2022 and troughed at $6.4 million in Q1 2026.
  • Average Operating Expenses over 5 years is $28.4 million, with a median of $16.9 million recorded in 2025.
  • Year-over-year, Operating Expenses jumped 501.55% in 2022 and plunged 89.47% in 2025.
  • Over 5 years, 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 slumped by 89.47% to $6.8 million in 2025, then decreased by 6.25% to $6.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $6.4 million in Q1 2026, $6.8 million in Q4 2025, and $15.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 GrowGeneration 91.34 Mn 50.22 Mn 9.74 Mn 6.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.40 Mn
Dec 31, 2025 6.83 Mn
Sep 30, 2025 15.70 Mn
Jun 30, 2025 16.87 Mn
Mar 31, 2025 8.79 Mn
Dec 31, 2024 64.82 Mn
Sep 30, 2024 22.90 Mn
Jun 30, 2024 10.21 Mn
Mar 31, 2024 21.80 Mn
Dec 31, 2023 39.73 Mn
Sep 30, 2023 11.66 Mn
Jun 30, 2023 23.44 Mn
Mar 31, 2023 23.71 Mn
Dec 31, 2022 25.32 Mn
Sep 30, 2022 13.59 Mn
Jun 30, 2022 157.03 Mn
Mar 31, 2022 14.53 Mn
Dec 31, 2021 -23.39 Mn
Sep 30, 2021 29.39 Mn
Jun 30, 2021 26.10 Mn