GrowGeneration (GRWG) Revenue & Revenue Breakdown
GrowGeneration Revenue Highlights
Latest Revenue (Y)
$225.88M
Latest Revenue (Q)
$53.54M
Main Segment (Y)
Storage Solutions
GrowGeneration Revenue by Period
GrowGeneration Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $225.88M | -18.80% |
| 2022-12-31 | $278.17M | -34.16% |
| 2021-12-31 | $422.49M | 118.49% |
| 2020-12-31 | $193.37M | 142.51% |
| 2019-12-31 | $79.73M | 174.94% |
| 2018-12-31 | $29.00M | 101.90% |
| 2017-12-31 | $14.36M | 79.99% |
| 2016-12-31 | $7.98M | 130.97% |
| 2015-12-31 | $3.46M | - |
GrowGeneration generated $225.88M in revenue during NA 2023, up -18.80% compared to the previous quarter, and up 778.88% compared to the same period a year ago.
GrowGeneration Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $53.54M | 11.79% |
| 2024-03-31 | $47.89M | -3.16% |
| 2023-12-31 | $49.45M | -11.18% |
| 2023-09-30 | $55.68M | -12.90% |
| 2023-06-30 | $63.92M | 12.49% |
| 2023-03-31 | $56.83M | 4.35% |
| 2022-12-31 | $54.46M | -23.14% |
| 2022-09-30 | $70.85M | -0.34% |
| 2022-06-30 | $71.09M | -13.05% |
| 2022-03-31 | $81.77M | -9.73% |
| 2021-12-31 | $90.58M | -21.92% |
| 2021-09-30 | $116.00M | -7.85% |
| 2021-06-30 | $125.89M | 39.84% |
| 2021-03-31 | $90.02M | 45.37% |
| 2020-12-31 | $61.92M | 12.57% |
| 2020-09-30 | $55.01M | 26.59% |
| 2020-06-30 | $43.45M | 31.75% |
| 2020-03-31 | $32.98M | 29.93% |
| 2019-12-31 | $25.38M | 16.56% |
| 2019-09-30 | $21.78M | 11.78% |
| 2019-06-30 | $19.48M | 48.87% |
| 2019-03-31 | $13.09M | 44.43% |
| 2018-12-31 | $9.06M | 7.79% |
| 2018-09-30 | $8.41M | 17.53% |
| 2018-06-30 | $7.15M | 63.26% |
| 2018-03-31 | $4.38M | 20.32% |
| 2017-12-31 | $3.64M | -9.61% |
| 2017-09-30 | $4.03M | -2.02% |
| 2017-06-30 | $4.11M | 59.10% |
| 2017-03-31 | $2.58M | 9.36% |
| 2016-12-31 | $2.36M | 8.93% |
| 2016-09-30 | $2.17M | 13.75% |
| 2016-06-30 | $1.91M | 23.70% |
| 2016-03-31 | $1.54M | 37.11% |
| 2015-12-31 | $1.12M | 21.96% |
| 2015-09-30 | $921.91K | 13.34% |
| 2015-06-30 | $813.41K | - |
GrowGeneration generated $53.54M in revenue during Q2 2024, up 11.79% compared to the previous quarter, and up 94.21% compared to the same period a year ago.
GrowGeneration Revenue Breakdown
GrowGeneration Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Storage Solutions | $31.42M | - | - |
| Retail Segment | - | $205.52M | - |
| Ecommerce Segment | - | $15.07M | - |
| Distribution And Other Segment | - | $57.58M | - |
| Distribution | - | - | $17.09M |
| Ecommerce Sales | - | - | $36.20M |
| Sales At Company Owned Stores | - | - | $369.20M |
GrowGeneration's latest annual revenue breakdown by segment (product or service), as of Dec 23: Storage Solutions (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Storage Solutions | $4.78M | - | - | - | - | - | - | - | - | - | - |
| Retail Segment | - | $41.40M | $46.92M | $39.40M | $37.92M | - | - | - | - | - | - |
| Ecommerce Segment | - | $2.76M | $3.73M | $3.26M | $3.04M | - | - | - | - | - | - |
| Distribution And Other Segment | - | $11.52M | $13.27M | $14.16M | $13.50M | - | - | - | - | - | - |
| Ecommerce Sales | - | - | - | - | - | $3.07M | $3.69M | $5.27M | $7.75M | $10.51M | $11.99M |
| Sales At Company Owned Stores | - | - | - | - | - | $47.95M | $55.35M | $64.30M | $78.26M | $100.80M | $108.91M |
| Distribution And Other | - | - | - | - | - | $19.83M | $12.04M | $12.20M | - | - | - |
| Distribution | - | - | - | - | - | - | - | - | $4.57M | $4.70M | $4.99M |
GrowGeneration's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Storage Solutions (100.00%).
GrowGeneration Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BBY | Best Buy | $43.45B | $8.85B |
| MUSA | Murphy USA | $21.53B | $5.45B |
| AZO | AutoZone | $17.46B | $4.24B |
| DKS | DICK'S Sporting Goods | $12.98B | $3.02B |
| ULTA | Ulta Beauty | $11.21B | $2.73B |
| ARKO | Arko | $9.41B | $2.39B |
| BBWI | Bath & Body Works | $7.43B | $1.38B |
| WOOF | Petco Health and Wellness | $6.26B | $1.53B |
| SBH | Sally Beauty | $3.73B | $942.34M |
| RH | RH | $3.03B | $726.96M |
| HZO | MarineMax | $2.39B | $757.72M |
| EYE | National Vision | $2.13B | $542.52M |
| LESL | Leslie's | $1.45B | $188.66M |
| CHPT | ChargePoint | $506.64M | $107.04M |
| GRWG | GrowGeneration | $225.88M | $53.54M |
| EVGO | EVgo | $160.95M | $66.62M |
GRWG Revenue FAQ
What is GrowGeneration’s yearly revenue?
GrowGeneration's yearly revenue for 2023 was $225.88M, representing a decrease of -18.80% compared to 2022. The company's yearly revenue for 2022 was $278.17M, representing a decrease of -34.16% compared to 2021. GRWG's yearly revenue for 2021 was $422.49M, representing an increase of 118.49% compared to 2020.
What is GrowGeneration’s quarterly revenue?
GrowGeneration's quarterly revenue for Q2 2024 was $53.54M, a 11.79% increase from the previous quarter (Q1 2024), and a -16.25% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $47.89M, a -3.16% decrease from the previous quarter (Q4 2023), and a -15.73% decrease year-over-year (Q1 2023). GRWG's quarterly revenue for Q4 2023 was $49.45M, a -11.18% decrease from the previous quarter (Q3 2023), and a -9.19% decrease year-over-year (Q4 2022).
What is GrowGeneration’s revenue growth rate?
GrowGeneration's revenue growth rate for the last 3 years (2021-2023) was -46.54%, and for the last 5 years (2019-2023) was 183.30%.
What are GrowGeneration’s revenue streams?
GrowGeneration's revenue streams in c 23 are Storage Solutions
What is GrowGeneration’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of GrowGeneration was Storage Solutions. This segment made a revenue of $31.42M, representing 100.00% of the company's total revenue.