GrowGeneration Corp. Income Statement
GRWG|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
GrowGeneration Corp. reported $226M in revenue and $46M in net loss for FY2025. Revenue has grown at a 59.1% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $225.9M | $278.2M | $422.5M | $193.4M | $79.7M | $79.7M | $29.0M | $14.4M | $8.0M | $3.5M |
| Cost of Revenue | - | - | - | - | $57.7M | $57.7M | $22.6M | $11.1M | $5.8M | $2.4M |
| Gross Profit | $61.3M | $70.3M | $118.2M | $51.0M | $22.0M | $22.0M | $6.4M | $3.3M | $2.2M | $1.1M |
| SG&A Expense | $29.8M | $36.8M | $39.5M | $20.9M | $9.3M | $3.2M | $1.6M | $1.0M | $386.0K | - |
| Operating Income | -$49.8M | -$167.9M | $15.0M | $8.4M | $1.6M | $1.6M | -$4.3M | -$2.9M | -$426.0K | -$514.6K |
| Interest Expense | - | - | - | - | - | - | $23.6K | $15.3K | $5.3K | $2.9K |
| Income Tax | $32.0K | -$2.9M | $2.4M | $3.3M | $0 | $3.3M | $0 | $0 | - | $0 |
| Net Income | -$46.5M | -$163.7M | $12.8M | $5.3M | $1.3M | $1.3M | -$5.1M | -$2.5M | -$431.2K | -$528.8K |
| EPS (Basic) | -$0.76 | -$2.69 | $0.22 | $0.12 | $0.04 | $0.04 | -$0.22 | -$0.18 | - | -$0.08 |
| EPS (Diluted) | -$0.76 | -$2.69 | $0.21 | $0.11 | $0.04 | $0.04 | -$0.22 | -$0.18 | -$0.05 | -$0.08 |
| Shares Outstanding | 59.4M | 61.5M | 61.0M | 59.9M | 57.2M | 36.9M | 27.9M | 16.8M | 11.7M | 9.0M |
| Gross Margin | 27.1% | 25.3% | 28.0% | 26.4% | 27.6% | 27.6% | 22.2% | 22.8% | 27.6% | 31.9% |
| Operating Margin | -22.1% | -60.4% | 3.5% | 4.4% | 2.0% | 2.0% | -14.7% | -19.8% | -5.3% | -14.9% |
| Profit Margin | -20.6% | -58.9% | 3.0% | 2.8% | 1.7% | 1.7% | -17.5% | -17.7% | -5.4% | -15.3% |