GrowGeneration Corp.GRWG
What GrowGeneration Corp. does.
GrowGeneration Corp. (together with all of its direct and indirect wholly owned subsidiaries, collectively "GrowGeneration" or the "Company") was incorporated in Colorado in 2014. Since then, GrowGeneration has grown from a small chain of specialty retail hydroponic and organic garden centers to a multifaceted business with diverse assets. Today, GrowGeneration operates two major lines of business: our Cultivation and Gardening segment, composed of our hydroponic and organic gardening business; and our Storage Solutions segment, composed of our benching, racking, and storage solutions business.
We have two operating segments, each its own reportable segment, based on our major lines of business: the Cultivation and Gardening segment and the Storage Solutions segment. Refer to Note 15, Segments, of the Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K ("Consolidated Financial Statements") for additional information regarding our reportable segments.
GrowGeneration is a leading developer, marketer, retailer, and distributor of products for both indoor and outdoor hydroponic and organic gardening. We are dedicated to providing best-in-class selection, service, and solutions to all types of cultivators.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $193.4M | $422.5M | $278.2M | $225.9M | $188.9M | $161.7M |
| Net income | $5.3M | $12.8M | -$163.7M | -$46.5M | -$49.5M | -$24.0M |
| Free cash flow | — | — | — | — | — | — |
More on GRWG.
- GrowGeneration Corp. summary
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- GrowGeneration Corp. earnings
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- GrowGeneration Corp. ownership and insiders
- GrowGeneration Corp. peers
Figures from GrowGeneration Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.