GrowGeneration Corp.

For the period ended Jun 30, 2025. Filed Aug 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 11, 2025

GRWG$1.51-3.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Unaudited, in thousands, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Net sales	$40,963	$53,536	$76,666	$101,424
Cost of sales (exclusive of depreciation and amortization shown below)	29,369	39,115	55,365	74,639
Gross profit	11,594	14,421	21,301	26,785
Operating expenses:
Store operations and other operational expenses	7,867	10,210	16,659	20,844
Selling, general, and administrative	6,151	7,104	13,263	15,012
Estimated credit losses (recoveries)	163	6	255	(482)
Depreciation and amortization	2,687	3,615	6,272	7,357
Total operating expenses	16,868	20,935	36,449	42,731
Loss from operations	(5,274)	(6,514)	(15,148)	(15,946)
Other income (expense):
Other (expense) income	—	(10)	—	37
Interest income	463	737	960	1,339
Interest expense	—	(14)	—	(70)
Total other income	463	713	960	1,306
Net loss before income taxes	(4,811)	(5,801)	(14,188)	(14,640)
Provision for income taxes	—	(95)	—	(93)
Net loss	$(4,811)	$(5,896)	$(14,188)	$(14,733)
Net loss per share, basic	$(0.08)	$(0.10)	$(0.24)	$(0.24)
Net loss per share, diluted	$(0.08)	$(0.10)	$(0.24)	$(0.24)
Weighted average shares outstanding, basic	59,552	60,681	59,497	61,090
Weighted average shares outstanding, diluted	59,552	60,681	59,497	61,090

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.