GrowGeneration (GRWG) Operating Income (2015 - 2026)
GrowGeneration (GRWG) posted Operating Income of -$5.3 million for Q1 2026, up 30.68% on a QoQ basis from -$7.6 million in Q4 2025, and up 46.68% year-over-year from -$3.6 million in Q1 2025.
GrowGeneration (GRWG) Operating Income (2015 - 2026) Analysis & Trends
GrowGeneration's Operating Income history runs 12 years deep, the most recent figure standing at -$5.3 million for Q1 2026.
- Quarterly Operating Income rose 46.68% year-over-year to -$5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$21.0 million (up 59.98% YoY) and the FY2025 annual result came in at -$25.6 million, up 50.77% from the prior year.
- Operating Income was -$5.3 million for Q1 2026 at GrowGeneration, up from -$7.6 million in the prior quarter.
- Across five years, Operating Income topped out at -$2.8 million in Q3 2025 and bottomed at -$136.8 million in Q2 2022.
- A 5-year average of -$17.7 million and a median of -$8.0 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income sank 1523.68% — and 2023, when it soared 95.39%.
- GrowGeneration's Operating Income stood at -$15.8 million in 2022, then plunged by 78.24% to -$28.1 million in 2023, then gained by 14.79% to -$23.9 million in 2024, then soared by 68.27% to -$7.6 million in 2025, then surged by 30.68% to -$5.3 million in 2026.
- Business Quant data shows GRWG's Operating Income at -$5.3 million in Q1 2026, -$7.6 million in Q4 2025, and -$2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.35 Bn | 31.83 Bn | 1.08 Bn | 350.33 Mn |
| 2 | NaaS Technology | 30.76 Bn | 30.76 Bn | - | - |
| 3 | Williams Sonoma | 28.07 Bn | 27.05 Bn | 1.10 Bn | 477.81 Mn |
| 4 | Ulta Beauty | 22.98 Bn | 22.49 Bn | 1.48 Bn | 476.94 Mn |
| 5 | Best Buy | 18.17 Bn | 16.42 Bn | 2.10 Bn | 370.00 Mn |
| 6 | Dick'S Sporting Goods | 16.47 Bn | 15.12 Bn | 1.77 Bn | 184.51 Mn |
| 7 | Tractor Supply | 15.98 Bn | 15.76 Bn | 1.30 Bn | 233.43 Mn |
| 8 | MINISO Group Holding | 15.79 Bn | 14.72 Bn | 414.86 Mn | 130.22 Mn |
| 9 | Five Below | 11.82 Bn | 10.89 Bn | 696.98 Mn | 310.88 Mn |
| 10 | GrowGeneration | 87.79 Mn | 46.67 Mn | 9.74 Mn | -5.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.27 Mn |
| Dec 31, 2025 | -7.60 Mn |
| Sep 30, 2025 | -2.84 Mn |
| Jun 30, 2025 | -5.27 Mn |
| Mar 31, 2025 | -9.87 Mn |
| Dec 31, 2024 | -23.94 Mn |
| Sep 30, 2024 | -12.09 Mn |
| Jun 30, 2024 | -6.51 Mn |
| Mar 31, 2024 | -9.43 Mn |
| Dec 31, 2023 | -28.09 Mn |
| Sep 30, 2023 | -8.03 Mn |
| Jun 30, 2023 | -6.31 Mn |
| Mar 31, 2023 | -7.42 Mn |
| Dec 31, 2022 | -15.76 Mn |
| Sep 30, 2022 | -8.09 Mn |
| Jun 30, 2022 | -136.80 Mn |
| Mar 31, 2022 | -7.22 Mn |
| Dec 31, 2021 | -7.02 Mn |
| Sep 30, 2021 | 4.68 Mn |
| Jun 30, 2021 | 9.61 Mn |