GrowGeneration Operating Expenses Growth & History (GRWG)
GrowGeneration's operating expenses was $68.9M for fiscal 2025.
View full GrowGeneration company overviewGrowGeneration annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $68.9M | −$26.8M | −28.04% |
| 2024 | 2024-12-31 | $95.7M | −$15.4M | −13.87% |
| 2023 | 2023-12-31 | $111.1M | −$127.0M | −53.35% |
| 2022 | 2022-12-31 | $238.1M | $134.9M | +130.67% |
| 2021 | 2021-12-31 | $103.2M | $60.6M | +142.28% |
| 2020 | 2020-12-31 | $42.6M | $22.2M | +108.65% |
| 2019 | 2019-12-31 | $20.4M | $9.7M | +90.86% |
| 2018 | 2018-12-31 | $10.7M | $4.6M | +74.84% |
| 2017 | 2017-12-31 | $6.1M | $3.5M | +132.68% |
| 2016 | 2016-12-31 | $2.6M | $1.0M | +62.57% |
| 2015 | 2015-12-31 | $1.6M | — | — |
GrowGeneration quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.7M | −$2.2M | −13.08% |
| Q1 2026 | 2026-03-31 | $15.0M | −$4.6M | −23.37% |
| Q4 2025 | 2025-12-31 | $16.7M | −$13.3M | −44.40% |
| Q3 2025 | 2025-09-30 | $15.7M | −$7.2M | −31.45% |
| Q2 2025 | 2025-06-30 | $16.9M | −$4.1M | −19.43% |
| Q1 2025 | 2025-03-31 | $19.6M | −$2.2M | −10.16% |
| Q4 2024 | 2024-12-31 | $30.1M | −$9.7M | −24.34% |
| Q3 2024 | 2024-09-30 | $22.9M | −$1.3M | −5.44% |
| Q2 2024 | 2024-06-30 | $20.9M | −$2.5M | −10.69% |
| Q1 2024 | 2024-03-31 | $21.8M | −$1.9M | −8.07% |
| Q4 2023 | 2023-12-31 | $39.7M | $14.4M | +56.92% |
| Q3 2023 | 2023-09-30 | $24.2M | −$2.2M | −8.36% |
| Q2 2023 | 2023-06-30 | $23.4M | −$133.6M | −85.07% |
| Q1 2023 | 2023-03-31 | $23.7M | −$5.7M | −19.25% |
| Q4 2022 | 2022-12-31 | $25.3M | −$4.8M | −15.89% |
| Q3 2022 | 2022-09-30 | $26.4M | −$3.0M | −10.07% |
| Q2 2022 | 2022-06-30 | $157.0M | $130.9M | +501.55% |
| Q1 2022 | 2022-03-31 | $29.4M | $11.7M | +66.44% |
| Q4 2021 | 2021-12-31 | $30.1M | $16.8M | +126.29% |
| Q3 2021 | 2021-09-30 | $29.4M | $19.9M | +210.39% |
| Q2 2021 | 2021-06-30 | $26.1M | $17.3M | +197.45% |
| Q1 2021 | 2021-03-31 | $17.6M | $6.6M | +59.46% |
| Q4 2020 | 2020-12-31 | $13.3M | $6.2M | +88.21% |
| Q3 2020 | 2020-09-30 | $9.5M | $4.1M | +76.32% |
| Q2 2020 | 2020-06-30 | $8.8M | $4.1M | +88.87% |
| Q1 2020 | 2020-03-31 | $11.1M | $7.7M | +231.51% |
| Q4 2019 | 2019-12-31 | $7.1M | $3.3M | +87.64% |
| Q3 2019 | 2019-09-30 | $5.4M | $2.6M | +96.53% |
| Q2 2019 | 2019-06-30 | $4.6M | $2.3M | +97.62% |
| Q1 2019 | 2019-03-31 | $3.3M | $1.5M | +80.43% |
| Q4 2018 | 2018-12-31 | $3.8M | $1.7M | +79.85% |
| Q3 2018 | 2018-09-30 | $2.7M | $1.2M | +73.60% |
| Q2 2018 | 2018-06-30 | $2.4M | $862,681 | +57.96% |
| Q1 2018 | 2018-03-31 | $1.8M | $886,562 | +92.06% |
| Q4 2017 | 2017-12-31 | $2.1M | $1.3M | +178.81% |
| Q3 2017 | 2017-09-30 | $1.6M | $977,389 | +163.84% |
| Q2 2017 | 2017-06-30 | $1.5M | $776,053 | +108.92% |
| Q1 2017 | 2017-03-31 | $963,018 | $393,028 | +68.95% |
| Q4 2016 | 2016-12-31 | $751,265 | — | — |
| Q3 2016 | 2016-09-30 | $596,542 | $105,624 | +21.52% |
| Q2 2016 | 2016-06-30 | $712,473 | $483,581 | +211.27% |
| Q1 2016 | 2016-03-31 | $569,990 | — | — |
| Q3 2015 | 2015-09-30 | $490,918 | — | — |
| Q2 2015 | 2015-06-30 | $228,892 | — | — |
GrowGeneration operating expenses trends
Over the last five fiscal years, GrowGeneration's operating expenses increased from $42.6M to $68.9M, a change of $26.2M. The latest reported quarter, Q2 2026, shows $14.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review GrowGeneration source filings ↗