Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.98M | $14.4M | $29.0M | $79.7M | $193M | $422M | $278M | $226M | $189M | $162M |
| Revenue growth | — | 80.0% | 101.9% | 174.9% | 142.5% | 118.5% | -34.2% | -18.8% | -16.4% | -14.4% |
| Gross profit | $2.20M | $3.27M | $6.44M | $22.0M | $51.0M | $118M | $70.3M | $61.3M | $43.7M | $43.3M |
| Gross margin | 27.6% | 22.8% | 22.2% | 27.6% | 26.4% | 28.0% | 25.3% | 27.1% | 23.1% | 26.8% |
| Operating income | -$426K | -$2.85M | -$4.26M | $1.58M | $8.44M | $15.0M | -$168M | -$49.8M | -$52.0M | -$25.6M |
| Operating margin | -5.3% | -19.8% | -14.7% | 2.0% | 4.4% | 3.6% | -60.4% | -22.1% | -27.5% | -15.8% |
| Net income | -$431K | -$2.54M | -$5.07M | $1.32M | $5.33M | $12.8M | -$164M | -$46.5M | -$49.5M | -$24.0M |
| Net margin | -5.4% | -17.7% | -17.5% | 1.7% | 2.8% | 3.0% | -58.9% | -20.6% | -26.2% | -14.9% |
| EPS (diluted) | -$0.05 | -$0.18 | -$0.22 | $0.04 | $0.11 | $0.21 | -$2.69 | -$0.76 | -$0.82 | -$0.40 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.42M | -$3.41M | -$1.54M | -$3.34M | -$213K | $5.16M | $11.9M | $1.42M | -$1.80M | -$9.45M |
| Capital expenditures | — | $404K | $61.5K | — | — | — | — | — | — | — |
| Free cash flow | — | -$3.81M | -$1.60M | — | — | — | — | — | — | — |
| Share buybacks | — | — | — | — | — | — | $0.00 | $0.00 | $6.04M | $0.00 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $607K | $1.22M | $14.6M | $13.0M | $178M | $41.4M | $40.1M | $29.8M | $27.5M | $30.4M |
| Total assets | $4.44M | $9.25M | $35.9M | $70.9M | $355M | $459M | $293M | $239M | $174M | $147M |
| Total liabilities | $885K | $1.68M | $5.83M | $18.1M | $37.7M | $88.0M | $77.0M | $65.7M | $54.3M | $49.5M |
| Long-term debt | $41.7K | $82.5K | $376K | $242K | $158K | $66.0K | $0.00 | — | — | — |
| Shareholders' equity | $3.56M | $7.58M | $29.5M | $52.8M | $317M | $371M | $216M | $173M | $120M | $97.5M |
| Retained earnings | -$1.15M | -$3.69M | -$8.77M | -$7.97M | -$2.64M | $10.1M | -$154M | -$200M | -$256M | -$280M |
| Shares (wtd avg diluted) | 9.15M | 14.5M | 23.5M | 33.9M | 46.5M | 60.5M | 60.8M | 61.2M | 60.2M | 59.7M |
Every figure is extracted from GrowGeneration Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.