earnings
confidence high
sentiment positive
materiality 0.75
GrowGeneration Q1 revenue rises 7.5% to $38.4M; reaffirms 2026 outlook
GrowGeneration Corp.
2026-Q1 EPS
reported -$0.08
vs consensus -$0.09
▲ beat
(+7.4%)
- Net sales $38.4M, up 7.5% YoY; net loss narrows to $4.9M from $9.4M.
- Adjusted EBITDA loss improves to $1.6M from $4.0M YoY; cash $41.1M, no debt.
- Proprietary brand sales reach 37.0% of Cultivation & Gardening revenue, up from 32.0% YoY.
- Reaffirms 2026 revenue guidance $162-168M; expects breakeven Adjusted EBITDA.
- Q2 2026 net sales expected $42-44M, sequential growth.