---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-011238"
form_type: "8-K/A"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:36:25.166386+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration reports 2023 net revenue $225.9M, beats guidance; reviews MMI sale

## Summary
- Full year 2023 net revenue $225.9M (down 18.8% YoY), beating guidance; net loss $46.5M ($0.76/share) vs $163.7M prior year.
- Q4 2023 revenue $49.5M (-9% YoY); gross margin improved to 23.5% from 17.6%; Adj. EBITDA loss $3.7M vs loss $10.2M.
- 2024 guidance: revenue $205-215M; Adj. EBITDA -$2M to +$3M. Q1 revenue $45-48M, Adj. EBITDA loss $1-3M (corrected).
- Exploring strategic alternatives for MMI (Storage Solutions), which generated $31.4M revenue and $8.9M operating profit in 2023.
- Cash, cash equivalents, and marketable securities $65.0M, no debt; generated $1.4M operating cash in 2023.

## SEC filing metadata
- accession: 0001628280-24-011238
- form_type: 8-K/A
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828024011238/0001628280-24-011238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828024011238/grwg-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-011238
- JSON: https://secwatch.observer/filing/0001628280-24-011238.json
- Plain text: https://secwatch.observer/filing/0001628280-24-011238.txt

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