GrowGeneration GRWG Revenue Breakdown

NASDAQ GRWG
$1.43 +0.00 (+0.00%)
At close: Oct 22, 2026 · 4:00 PM EDT
Annual revenue breakdowns for GrowGeneration, fiscal 2019 to 2025, as reported in its filings.
Annual history

GrowGeneration Revenue by Product & Service

Years FY 2019–2025
Lines 3
FY 2025 Total $161.74M

Non-Proprietary Brand Sales was GrowGeneration’s largest product and service line in fiscal 2025, bringing in $90.25M of $161.74M (56%).

GrowGeneration revenue by product and service, fiscal 2019 to 2025
Product and Service FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Non-Proprietary Brand Sales $208.78M $157.99M $123.98M $90.25M
Proprietary Brand Sales $36.91M $36.47M $39.53M $43.99M
Commercial Fixture Sales $32.49M $31.42M $25.36M $27.50M
Total $278.17M $225.88M $188.87M $161.74M
Totals include 4 discontinued lines from earlier reporting.

GrowGeneration revenue by product and service: what the figures show

GrowGeneration brought in $161.74M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 14.4% from $188.87M in fiscal 2024. Non-Proprietary Brand Sales was the largest at $90.25M (55.8%), ahead of Proprietary Brand Sales at $43.99M (27.2%) and Commercial Fixture Sales at $27.50M (17.0%).

Compared with fiscal 2024, Proprietary Brand Sales grew fastest, up 11.3% to $43.99M, while Non-Proprietary Brand Sales fell the most, down 27.2% to $90.25M. From fiscal 2022 to 2025, combined revenue from these lines fell from $278.17M to $161.74M, a compound annual decline of 16.5%. Non-Proprietary Brand Sales' share of the total fell from 75.1% to 55.8%.

Annual history

GrowGeneration Revenue by Segment

Years FY 2020–2025
Lines 2
FY 2025 Total $161.74M

Cultivation & Gardening was GrowGeneration’s largest segment in fiscal 2025, bringing in $134.24M of $161.74M (83%).

GrowGeneration revenue by segment, fiscal 2020 to 2025
Segment FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cultivation & Gardening $245.68M $194.46M $163.51M $134.24M
Storage Solutions $32.49M $31.42M $25.36M $27.50M
Total $278.17M $225.88M $188.87M $161.74M
Totals include 3 discontinued lines from earlier reporting.

GrowGeneration revenue by segment: what the figures show

GrowGeneration brought in $161.74M from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 14.4% from $188.87M in fiscal 2024. Cultivation & Gardening was the largest at $134.24M (83.0%), ahead of Storage Solutions at $27.50M (17.0%).

Compared with fiscal 2024, Storage Solutions grew 8.5% to $27.50M, while Cultivation & Gardening fell 17.9% to $134.24M. From fiscal 2022 to 2025, combined revenue from these segments fell from $278.17M to $161.74M, a compound annual decline of 16.5%. Cultivation & Gardening's share of the total fell from 88.3% to 83.0%.

Annual history

GrowGeneration Revenue by Income Statement Location

Years FY 2019–2020
Lines 2
FY 2020 Total $193.37M

Sales At Company Owned Stores was GrowGeneration’s largest revenue line in fiscal 2020, bringing in $182.74M of $193.37M (95%).

GrowGeneration revenue by income statement location, fiscal 2019 to 2020
Income Statement Location FY 2019 FY 2020
Sales At Company Owned Stores $74.97M $182.74M
E-Commerce Sales $4.76M $10.63M
Total $79.73M $193.37M

GrowGeneration revenue by income statement location: what the figures show

GrowGeneration brought in $193.37M from its two revenue lines in fiscal 2020, the year ended December 31, 2020. That was up 142.5% from $79.73M in fiscal 2019. Sales At Company Owned Stores was the largest at $182.74M (94.5%), ahead of E-Commerce Sales at $10.63M (5.5%).

Compared with fiscal 2019, Sales At Company Owned Stores grew 143.7% to $182.74M and E-Commerce Sales grew 123.1% to $10.63M.

Questions

GrowGeneration Revenue Breakdown FAQ

How does GrowGeneration make money?

GrowGeneration (GRWG) reports its revenue by product and service, by segment and by income statement location. In fiscal 2025, Non-Proprietary Brand Sales was its largest product and service line, bringing in $90.25M (55.8% of the total), followed by Proprietary Brand Sales at $43.99M (27.2%).

What is GrowGeneration's largest product and service line?

Non-Proprietary Brand Sales was GrowGeneration's largest product and service line in fiscal 2025, bringing in $90.25M, or 55.8% of the $161.74M total across its three product and service lines.

What is GrowGeneration's largest segment?

Cultivation & Gardening was GrowGeneration's largest segment in fiscal 2025, bringing in $134.24M, or 83.0% of the $161.74M total across its two segments.

What is GrowGeneration's largest revenue line?

Sales At Company Owned Stores was GrowGeneration's largest revenue line in fiscal 2020, bringing in $182.74M, or 94.5% of the $193.37M total across its two revenue lines.

Which GrowGeneration product and service line is growing the fastest?

Among GrowGeneration's product and service lines that make up at least 2% of revenue, Proprietary Brand Sales grew fastest in fiscal 2025, up 11.3% from $39.53M to $43.99M.

Where does this revenue breakdown data come from?

Every figure comes from GrowGeneration's annual financial filings, as reported. Each line keeps the name GrowGeneration gives it, and years follow its fiscal calendar.

How far back does GrowGeneration's revenue breakdown go?

GrowGeneration's revenue by product and service goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.