earnings
confidence high
sentiment positive
materiality 0.75
GrowGeneration Q3 net loss improves to $2.4M; Adjusted EBITDA positive at $1.3M
GrowGeneration Corp.
2025-Q3 EPS reported
-$0.28
revenue$123,920,000
- Net sales of $47.3M, up 15.4% sequentially; adjusted EBITDA turned positive at $1.3M from -$2.4M YoY.
- Gross margin expanded to 27.2% from 21.6%; proprietary brand sales rose to 31.6% of segment revenue from 23.8%.
- Store operating expenses fell 27.8% to $7.2M; total operating expenses down 31.5% to $15.7M.
- Cash and securities $48.3M, no debt; guides Q4 revenue ~$40M and positive adj. EBITDA in 2026.