GrowGeneration (GRWG) Operating Margin (2015 - 2026)
GrowGeneration (GRWG) posted Operating Margin of 13.71% for Q1 2026, up 31.71% quarter-over-quarter from 20.08% in Q4 2025, and up 1394.0% year-on-year from 0.92% in Q1 2025.
GrowGeneration (GRWG) Operating Margin (2015 - 2026) Analysis & Trends
GrowGeneration (GRWG) has reported Operating Margin for 12 consecutive years, with 13.71% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 13.71%, up 1394.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.76% (up 1691.0% YoY), and the FY2025 annual result was 15.82%, up 1170.0% from the prior year.
- Operating Margin was 13.71% for Q1 2026 at GrowGeneration, up from 20.08% in the prior quarter.
- Over five years, Operating Margin peaked at 6.01% in Q3 2025 and troughed at 192.43% in Q2 2022.
- Average Operating Margin over 5 years is 31.53%, with a median of 14.42% recorded in 2023.
- Year-over-year, Operating Margin slumped 20006 bps in 2022 and jumped 18256 bps in 2023.
- Over 5 years, Operating Margin stood at 28.94% in 2022, then plunged by 96 bps to 56.8% in 2023, then fell by 13 bps to 63.94% in 2024, then soared by 69 bps to 20.08% in 2025, then soared by 32 bps to 13.71% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 13.71% in Q1 2026, 20.08% in Q4 2025, and 6.01% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 7.66% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 20.27% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 4.14% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.26% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 17.99% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 59.29% |
| 10 | GrowGeneration | 91.34 Mn | 50.22 Mn | 9.74 Mn | -13.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.71% |
| Dec 31, 2025 | -20.08% |
| Sep 30, 2025 | -6.01% |
| Jun 30, 2025 | -12.88% |
| Mar 31, 2025 | -27.66% |
| Dec 31, 2024 | -63.94% |
| Sep 30, 2024 | -24.18% |
| Jun 30, 2024 | -12.17% |
| Mar 31, 2024 | -19.70% |
| Dec 31, 2023 | -56.80% |
| Sep 30, 2023 | -14.42% |
| Jun 30, 2023 | -9.86% |
| Mar 31, 2023 | -13.06% |
| Dec 31, 2022 | -28.94% |
| Sep 30, 2022 | -11.42% |
| Jun 30, 2022 | -192.43% |
| Mar 31, 2022 | -8.83% |
| Dec 31, 2021 | -7.75% |
| Sep 30, 2021 | 4.03% |
| Jun 30, 2021 | 7.63% |