GrowGeneration (NASDAQ:GRWG) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Posted by on Aug 11th, 2026

GrowGeneration (NASDAQ:GRWG – Get Free Report) announced its earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01, FiscalAI reports. The company had revenue of $43.22 million during the quarter, compared to the consensus estimate of $42.75 million. GrowGeneration had a negative net margin of 11.91% and a negative return on equity of 19.50%.

Here are the key takeaways from GrowGeneration’s conference call:

  • Revenue increased 5.5% year over year to $43.2 million, marking GrowGeneration’s third consecutive quarter of annual growth, driven primarily by commercial B2B activity and proprietary brands.
  • Proprietary brands reached 39.7% of cultivation and gardening revenue, up from 32% a year earlier and already meeting the company’s 40% year-end target; management expects further expansion across commercial, cannabis, lawn-and-garden, and agricultural channels.
  • Adjusted EBITDA was positive at $0.3 million versus a $1.3 million loss last year, while gross margin improved to 28.5% and operating expenses declined 13.1% year over year.
  • Management raised full-year 2026 adjusted EBITDA guidance to $2 million-$3 million while maintaining revenue guidance of $162 million-$168 million; third-quarter revenue is expected at $44 million-$46 million with positive adjusted EBITDA.
  • The company ended the quarter with $41 million in cash and no debt, repurchased 700,000 shares, and has approximately $9 million remaining under its buyback authorization, while noting that more than $2 million of expected IEEPA tariff refunds will benefit third-quarter results and that Q3 revenue may decline year over year due to an unusually strong comparable period.

GrowGeneration Stock Performance

NASDAQ:GRWG traded up $0.06 during trading hours on Tuesday, reaching $1.49. The stock had a trading volume of 630,941 shares, compared to its average volume of 397,249. The stock has a market cap of $89.53 million, a P/E ratio of -4.66 and a beta of 2.51. The stock has a 50 day simple moving average of $1.48 and a 200 day simple moving average of $1.34. GrowGeneration has a 12-month low of $1.00 and a 12-month high of $2.40.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GRWG shares. Weiss Ratings downgraded GrowGeneration from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday. Alliance Global Partners reissued a “neutral” rating on shares of GrowGeneration in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

Get Our Latest Report on GRWG

Insider Transactions at GrowGeneration

In related news, CEO Darren Lampert purchased 64,098 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were purchased at an average cost of $1.55 per share, for a total transaction of $99,351.90. Following the completion of the transaction, the chief executive officer directly owned 1,765,800 shares in the company, valued at approximately $2,736,990. This represents a 3.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 8.06% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in GrowGeneration by 36.7% during the fourth quarter. Bank of America Corp DE now owns 60,104 shares of the company’s stock valued at $102,000 after buying an additional 16,132 shares during the period. AQR Capital Management LLC bought a new position in GrowGeneration in the 1st quarter worth about $27,000. XTX Topco Ltd bought a new position in GrowGeneration in the 2nd quarter worth about $55,000. Jane Street Group LLC raised its holdings in shares of GrowGeneration by 1,193.2% in the 2nd quarter. Jane Street Group LLC now owns 792,229 shares of the company’s stock valued at $741,000 after acquiring an additional 730,968 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in shares of GrowGeneration during the 2nd quarter valued at about $26,000. Institutional investors own 36.02% of the company’s stock.

About GrowGeneration

(Get Free Report)

GrowGeneration Corp. is the largest chain of specialty hydroponic and organic garden centers in the United States, serving commercial and home growers of all experience levels. The company offers a broad assortment of cultivation supplies, including high-efficiency LED lighting, climate control systems, irrigation and fertigation equipment, growing media and nutrients. Through its retail outlets and e-commerce platform, GrowGeneration caters to indoor and outdoor horticultural operations, with a particular focus on the rapidly expanding legal cannabis market.

In addition to its product offerings, GrowGeneration provides design, consulting and project management services for turnkey cultivation facilities.

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Earnings History for GrowGeneration (NASDAQ:GRWG)

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