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| Date | Value |
|---|---|
| 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 |