GrowGeneration (GRWG) Operating Expenses (2015 - 2026)

GrowGeneration's Operating Expenses history runs 12 years deep, the most recent figure standing at $15.0 million for Q1 2026.

• Quarterly Operating Expenses fell 23.37% year-over-year to $15.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $64.3 million (up 3.66% YoY) and the FY2025 annual result came in at $68.9 million, up 71.3% from the prior year.
• Operating Expenses was $15.0 million for Q1 2026 at GrowGeneration, down from $16.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $74.8 million in Q4 2023 and bottomed at -$158.1 million in Q4 2022.
• A 5-year average of $9.8 million and a median of $15.7 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 333.96% — and 2023, when it soared 147.31%.
• GrowGeneration's Operating Expenses stood at -$158.1 million in 2022, then surged by 147.31% to $74.8 million in 2023, then sank by 87.54% to $9.3 million in 2024, then soared by 79.29% to $16.7 million in 2025, then retreated by 10.22% to $15.0 million in 2026.
• Business Quant data shows GRWG's Operating Expenses at $15.0 million in Q1 2026, $16.7 million in Q4 2025, and $15.7 million in Q3 2025.