Filing Flows › GrowGeneration (GRWG) › Q1 2026 › vs Q4 2025
GrowGeneration (GRWG) Q1 2026 vs Q4 2025 (quarter over quarter)
GrowGeneration's revenue rose $570K (+2%) from $37.8M in Q4 2025 to $38.4M in Q1 2026. The biggest changes: Storage Solutions +$765K (+13%); Cultivation and Gardening −$195K (-0.6%).
GrowGeneration, Q1 2026: revenue $38.4M (+8% year over year), operating margin -13.7%, net loss $4.9M, operating cash flow −$5.0M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Cultivation and Gardening | $31.9M | $32.1M | −$195K | -0.6% |
| Storage Solutions | $6.5M | $5.7M | $765K | +13% |
| Revenue | $38.4M | $37.8M | $570K | +2% |
| Other income, net | $324K | $363K | −$39K | -11% |
| Income tax benefit | $19K | −$189K | $208K | — |
| Net loss | $4.9M | $7.4M | −$2.5M | -34% |
| Costs & expenses | $43.7M | $45.6M | −$1.9M | -4% |
| Operating costs | $43.7M | $45.4M | −$1.8M | -4% |
| Cost of revenue | $28.7M | $28.7M | −$52K | -0.2% |
| SG&A | $6.9M | $7.3M | −$371K | -5% |
| Other operating costs | $8.1M | $9.4M | −$1.3M | -14% |
| Operating cash sources | $6.9M | $4.8M | $2.1M | +43% |
| Depreciation & amortization | $1.6M | $2.4M | −$763K | -32% |
| Share-based compensation | $255K | $274K | −$19K | -7% |
| Cash used in operations | $5.0M | $2.2M | $2.9M | +130% |
| Net loss absorbed | $4.9M | $7.4M | −$2.5M | -34% |
| Working capital & other | $2.0M | −$2.6M | $4.6M | — |
Questions
How much did GrowGeneration's revenue grow quarter over quarter in Q1 2026?
GrowGeneration's revenue rose $570K (+2%) from $37.8M in Q4 2025 to $38.4M in Q1 2026.
What drove GrowGeneration's revenue change in Q1 2026?
Storage Solutions +$765K (+13%); Cultivation and Gardening −$195K (-0.6%).