Growgeneration ( (GRWG) ) has released its Q3 earnings. Here is a breakdown of the information Growgeneration presented to its investors.
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GrowGeneration Corp. is a leading supplier of specialty products for controlled environment agriculture, commercial cultivation, and retail garden centers, offering a wide range of products including proprietary brands. In its third-quarter 2025 financial results, GrowGeneration reported a significant improvement in net loss, which decreased by $9 million year-over-year, and achieved a positive Adjusted EBITDA of $1.3 million. The company also experienced a 15.4% sequential growth in net sales, surpassing its guidance with $47.3 million in sales. Proprietary brand sales contributed significantly to margin expansion, increasing to 31.6% of cultivation and gardening revenue compared to 23.8% the previous year. Key financial highlights include a gross profit margin increase to 27.2% from 21.6% in the prior year, and a substantial reduction in store operating expenses by 27.8% year-over-year. Total operating expenses also saw a notable decrease of 31.5%. The company’s strategic focus on proprietary brands and cost optimization has driven these improvements. Looking ahead, GrowGeneration anticipates continued positive revenue growth and profitability in 2026, supported by its strong balance sheet, no debt, and a growing multi-channel brand strategy.