Urban-Gro (UGRO) Gross Margin (2017 - 2025)

Urban-Gro has disclosed Gross Margin across 9 years of filings, most recently posting 67.88% for Q4 2025.

• Gross Margin for Q4 2025 came in at 67.88%, down 1890.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 4.03% (down 164.0% YoY), and the FY2025 annual result was 1.0%, up 225.0% from the prior year.
• Gross Margin came in at 67.88% for Q4 2025 at Urban-Gro, up from 7.21% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 86.78% in Q4 2024 to a low of 7.21% in Q3 2025.
• The 5-year median for Gross Margin is 18.69% (2023), against an average of 20.99%.
• Across the five-year window, Gross Margin surged 7384 bps in 2024 and plunged 1890 bps in 2025, its largest moves.
• Urban-Gro's Gross Margin stood at 26.05% in 2021, then sank by 63 bps to 9.7% in 2022, then soared by 33 bps to 12.95% in 2023, then surged by 570 bps to 86.78% in 2024, then dropped by 22 bps to 67.88% in 2025.
• The last three Gross Margin figures came in at 67.88% (Q4 2025), 7.21% (Q3 2025), and 0.58% (Q2 2025), per Business Quant data.