---
schema_version: "secwatch.filing_event.v1"
accession: "0001604868-25-000031"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:42:37.199325+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration Q3 net loss improves to $2.4M; Adjusted EBITDA positive at $1.3M

## Summary
- 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.

## SEC filing metadata
- accession: 0001604868-25-000031
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000160486825000031/0001604868-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000160486825000031/grwg-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604868-25-000031
- JSON: https://secwatch.observer/filing/0001604868-25-000031.json
- Plain text: https://secwatch.observer/filing/0001604868-25-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.