GrowGeneration Corp. (GRWG) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	166.7M	161.7M	188.9M	225.9M	278.2M
Cost of Revenue	129.3M	129.8M	145.1M	164.6M	207.9M
Gross Profit	37.4M	32.0M	43.7M	61.3M	70.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	40.7M	56.3M	68.3M	29.8M	36.8M
General & Admin Expense	—	—	66.3M	—	—
Selling & Marketing Expense	—	—	2.0M	—	—
Other Expenses	14.7M	—	27.4M	81.3M	201.4M
Total Operating Expenses	55.3M	56.3M	95.7M	111.1M	238.1M
Cost and Expenses	184.6M	186.1M	240.8M	275.7M	446.0M
Operating Income (EBIT)	(17.9M)	(24.3M)	(52.0M)	(49.8M)	(167.9M)
Non-Operating
Interest Income	910.0K	934.0K	2.7M	2.7M	580.0K
Interest Expense	—	—	70.0K	97.0K	21.0K
Net Interest Income	910.0K	934.0K	2.6M	2.6M	559.0K
Other Non-Op Income/Expense	1.3M	459.0K	2.6M	3.4M	1.2M
Non-Operating Income (excl Interest)	(1.3M)	(459.0K)	(2.7M)	(3.5M)	(1.3M)
EBT (Pre-Tax Income)	(16.6M)	(23.9M)	(49.4M)	(46.5M)	(166.6M)
Income Tax Expense	191.0K	191.0K	158.0K	32.0K	(2.9M)
Bottom Line
Net Income	(16.8M)	(24.0M)	(49.5M)	(46.5M)	(163.7M)
Earnings from Cont. Ops	(16.8M)	(24.0M)	(49.5M)	(46.5M)	(163.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(16.8M)	(24.0M)	(49.5M)	(46.5M)	(163.7M)
Per Share
Basic EPS	($0.27)	($0.40)	($0.82)	($0.76)	($2.69)
Diluted EPS	($0.27)	($0.40)	($0.82)	($0.76)	($2.69)
Revenue Per Share	$2.79	$2.71	$3.14	$3.69	$4.57
Shares
Basic Shares Outstanding	59.8M	59.7M	60.2M	61.2M	60.8M
Diluted Shares Outstanding	59.8M	59.7M	60.2M	61.2M	60.8M
Profitability Metrics
EBITDA	(8.5M)	(12.6M)	(29.8M)	(29.8M)	(149.5M)
D&A	8.1M	11.3M	19.4M	16.6M	17.1M
EBIT	(16.6M)	(23.9M)	(49.3M)	(46.4M)	(166.6M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026