GrowGeneration Corp. (GRWG) Financial Statements (2026 and earlier)

Company Profile

Business Address 5619 DTC PARKWAY
GREENWOOD VILLAGE, CO 80111
State of Incorp. CO
Fiscal Year End December 31
Industry (SIC) 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments46,06456,45564,96971,90681,165177,912
Cash and cash equivalent30,40627,47129,75740,05441,372177,912
Short-term investments15,65828,98435,21231,85239,793 
Receivables10,6687,3618,8958,3365,7416,513
Inventory, net of allowances, customer advances and progress billings38,77640,29564,90577,091105,57154,024
Inventory38,77640,29564,90577,091105,57154,024
Prepaid expense601455165,6795,856 
Financing receivable, excluding accrued interest, after allowance for credit loss✕✕✕1931,214 ✕
Other undisclosed current assets8,1798,9527,9736,45518,55611,780
Total current assets:103,747113,208147,451170,681216,889250,229
Noncurrent Assets
Operating lease, right-of-use asset27,05034,45339,93346,43343,73012,088
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization9,79515,49327,05228,66924,1166,475
Long-term investments and receivables   106   
Accounts and financing receivable, after allowance for credit loss   106   
Intangible asset, including goodwill, after accumulated amortization5,40610,38423,70546,856173,80384,441
Goodwill2,0801,6057,52515,978125,40162,951
Intangible asset, excluding goodwill, after accumulated amortization3,3268,77916,18030,87848,40221,490
Other undisclosed noncurrent assets1,0428148438038001,501
Total noncurrent assets:43,29361,14491,639122,761242,449104,505
TOTAL ASSETS:147,040174,352239,090293,442459,338354,734
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,04410,50414,19623,27528,44017,951
Taxes payable✕✕✕✕✕1,923 
Employee-related liabilities✕✕✕✕✕7,4402,655
Accounts payable8,7758,14611,66615,72817,03314,623
Accrued liabilities3,2692,3582,5307,5472,044672
Deferred revenue4,0152,4045,3594,33811,6865,155
Debt    509283
Other undisclosed current liabilities9,91611,36611,3758,1316,8584,161
Total current liabilities:25,97524,27430,93035,79447,07627,349
Noncurrent Liabilities
Long-term debt and lease obligation     38,6129,637
Long-term debt, excluding current maturities     66158
Liabilities, other than long-term debt23,56629,98534,76541,2522,359750
Deferred income tax liabilities     2,359750
Other liabilities544352317593  
Operating lease, liability23,02229,63334,44840,65938,5469,479
Total noncurrent liabilities:23,56629,98534,76541,25240,97110,387
Total liabilities:49,54154,25965,69577,04688,04737,736
Equity
Equity, attributable to parent97,499120,093173,395216,396371,291316,997
Common stock605961616057
Additional paid in capital377,128375,677373,433369,938361,087319,582
Retained earnings (accumulated deficit)(279,689)(255,643)(200,099)(153,603)10,144(2,642)
Total equity:97,499120,093173,395216,396371,291316,997
TOTAL LIABILITIES AND EQUITY:147,040174,352239,090293,442459,338354,734

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues161,741188,866225,882278,166422,489193,365
Cost of revenue(118,466)(145,144)(164,624)(207,903)(304,248)(142,317)
Cost of product and service sold(118,466)(145,144)(164,624)(207,903) (3,966)
Gross profit:43,27543,72261,25870,263118,24151,048
Operating expenses(68,860)(95,694)(111,102)(238,138)(103,239)(42,611)
Operating income (loss):(25,585)(51,972)(49,844)(167,875)15,0028,438
Nonoperating income1,7302,6203,3801,243227142
Investment income, nonoperating1,7302,703    
Other nonoperating income (expense)  (13)781(21)(43)(14)
Interest and debt expense  (70)   (3,251)
Income (loss) from continuing operations before equity method investments, income taxes:(23,855)(49,422)(46,464)(166,632)15,2295,328
Other undisclosed income from continuing operations before income taxes  70   3,251
Income (loss) from continuing operations before income taxes:(23,855)(49,352)(46,464)(166,632)15,2298,579
Income tax expense (benefit)(191)(158)(32)2,885(2,443)(3,251)
Income (loss) from continuing operations:(24,046)(49,510)(46,496)(163,747)12,7865,328
Income before gain (loss) on sale of properties:✕✕✕✕✕12,7865,328
Net income (loss) available to common stockholders, diluted:(24,046)(49,510)(46,496)(163,747)12,7865,328

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(24,046)(49,510)(46,496)(163,747)12,7865,328
Comprehensive income (loss), net of tax, attributable to parent:(24,046)(49,510)(46,496)(163,747)12,7865,328

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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