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GROW GENERATION CORP 10-Q Filings

GRWG NASDAQ

Every 10-Q that GROW GENERATION CORP (GRWG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GRWG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRWG filings page.

Rhea-AI Summary

GrowGeneration Corp. reported higher sales and a smaller loss for the quarter ended June 30, 2026. Net sales were $43.2 million, up from $41.0 million a year earlier, driven mainly by stronger durable-product demand and continued growth in the Storage Solutions segment. Proprietary-brand sales rose as a share of Cultivation and Gardening revenue, supporting modest gross-margin expansion to 28.5%.

Disciplined cost control following earlier restructuring materially improved profitability. Operating expenses fell to $14.7 million from $16.9 million, helped by store closures and lower depreciation and amortization. The quarterly net loss narrowed to $2.0 million from $4.8 million, and Adjusted EBITDA turned positive at $0.3 million. For the first six months, net sales reached $81.6 million and the net loss improved to $6.9 million from $14.2 million.

Liquidity remains solid with $41.0 million in cash, cash equivalents, and marketable securities and working capital of $74.0 million as of June 30, 2026. The company initiated a $10 million share repurchase program and bought 0.7 million shares in the quarter. Subsequent to quarter-end, GrowGeneration received approximately $2.6 million of tariff refunds under the International Emergency Economic Powers Act.

Rhea-AI Summary

GrowGeneration Corp. reported first-quarter 2026 net sales of $38.4 million, up 7.5% from $35.7 million a year earlier, as both its Cultivation and Gardening and Storage Solutions segments grew. Cultivation and Gardening sales reached $31.9 million, while Storage Solutions commercial fixtures contributed $6.5 million.

The company reduced its net loss to $4.9 million, or $0.08 per share, compared with a $9.4 million loss, or $0.16 per share, in the prior-year quarter. Gross margin slipped to 25.4% from 27.2%, mainly because of a higher mix of lower-margin durable products and inventory actions tied to retail store closures.

Operating expenses fell to $15.0 million from $19.6 million, reflecting past restructuring, reduced store count, and lower depreciation and amortization. Adjusted EBITDA improved to a loss of $1.6 million from a $4.0 million loss. GrowGeneration ended March 31, 2026 with $41.1 million in cash, cash equivalents, and marketable securities and working capital of $75.1 million, and has an authorized share repurchase program of up to $10.0 million.

Rhea-AI Summary

GrowGeneration (GRWG) reported Q3 results showing improved profitability metrics despite lower sales. Net sales were $47.254 million, down 5.5% year over year, while gross profit reached $12.856 million with a 27.2% gross margin (up from 21.6%). Operating expenses fell to $15.698 million (down 31.5%), narrowing loss from operations to $2.842 million from $12.091 million. Net loss was $2.437 million versus $11.435 million a year ago.

Segment mix reflected stabilization: Cultivation & Gardening delivered $38.374 million, and Storage Solutions contributed $8.880 million. Proprietary brands were $12.112 million, with a notable shift toward durables amid capital spending. Liquidity remained solid with cash and cash equivalents $27.355 million and marketable securities $20.955 million as of September 30, 2025. The company operated 24 retail locations and completed a restructuring program totaling $3.5 million in costs, with expected annualized savings of $12.0 million.

GRWG acquired Viagrow for approximately $1.2 million; in Q3 it added $353,000 in net sales and $63,000 in net income. As of November 3, 2025, shares outstanding were 59,843,443.

Rhea-AI Summary

GrowGeneration Corp. (GRWG) reported weaker sales and continued losses for the quarter and six months ended June 30, 2025. Net sales were $40.96 million for Q2 and $76.67 million year-to-date, declines of 23.5% and 24.4% versus prior-year periods driven mainly by store closures and lower durable-product demand. Gross profit was $11.59 million for the quarter and $21.30 million year-to-date, with gross margin improving about 140 basis points to 28.3% for Q2 as proprietary brands and consumables gained mix.

The company recorded a Q2 net loss of $4.81 million (loss per share $0.08) and a six-month net loss of $14.19 million (loss per share $0.24). Cash, cash equivalents and marketable securities totaled $48.7 million and working capital was $81.7 million. Restructuring actions completed largely by March 31, 2025 produced $3.5 million of charges to date and expected annualized cost savings of approximately $12.0 million. The company acquired Viagrow on June 6, 2025 for total consideration of $1.228 million. Management placed a full valuation allowance on deferred tax assets and the filing discloses accumulated goodwill impairment of $131.9 million.