GrowGeneration Corp.
GRWG · Retail-Building Materials, Hardware, Garden Supply · 60.1M shares · +16%/yr ↑ dilution · EDGAR filings ↗
Reference price $1.55 · est. market cap ~$93M — last insider purchase, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48GrowGeneration is a loss-making hydroponics/storage retailer with shrinking revenue, though liquidity remains healthy and losses are narrowing.
Strengths
- Strong balance sheet: current ratio 4.0, quick ratio 2.5, $46M cash, minimal debt
- Net loss narrowed sharply (-51% improvement) on restructuring, store closures, and higher proprietary-brand mix
Risks
- Negative operating margin -15.8%, net margin -14.9%, ROE -24.7%, ROA -16.4%
- Revenue down 14.4% (11th pct) amid cannabis-sector weakness and store rationalization
Notable findings
- Net lossNet loss (net margin -14.9%)
- Chronic dilutionShare count +16%/yr over 4y (dilution, book value/share -85%)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
26.8%
Operating margin
-15.8%
Net margin
-14.9%
Return on equity
-24.7%
Return on assets
-16.4%
Revenue growth (QoQ)
1.5%
Current ratio
4.0×
EBITDA
-$14M
Tangible book value
$92M
Cash & investments
$46M
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Sanders Gregory Kevin | Grant | 25K | — |
| 2026-06-15 | Lampert Darren | Grant | 50K | — |
| 2026-06-15 | Salaman Michael | Grant | 50K | — |
| 2026-05-18 | Lampert Darren | Buy | 64K | $1.55 |
| 2025-12-15 | Sanders Gregory Kevin | Grant | 2.7K | — |
| 2025-12-15 | Sanders Gregory Kevin | Grant | 21K | — |
| 2025-12-15 | Salaman Michael | Grant | 50K | — |
| 2025-12-15 | Lampert Darren | Grant | 50K | — |
| 2025-11-13 | Lampert Darren | Sell | 57K | $1.61 |
| 2025-11-12 | Lampert Darren | Sell | 70K | $1.74 |
| 2025-09-22 | Aiello Stephen | Buy | 133K | $1.66 |
| 2025-09-18 | Carter Starlett | Grant | 20K | — |
| 2025-09-18 | Aiello Stephen | Grant | 20K | — |
| 2025-09-18 | ADAMS EULA L | Grant | 25K | — |
| 2025-06-15 | Sanders Gregory Kevin | Grant | 21K | — |
| 2025-06-15 | Salaman Michael | Grant | 50K | — |
| 2025-06-15 | Lampert Darren | Grant | 50K | — |
| 2025-03-19 | Salaman Michael | Buy | 85K | $1.21 |
| 2025-03-19 | Lampert Darren | Buy | 83K | $1.19 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-22 | Shareholder voteExhibits | filing ↗ |
| 2026-05-12 | Reg FDExhibits | filing ↗ |
| 2026-03-19 | Reg FDExhibits | filing ↗ |
| 2025-12-30 | Material agreementExec/director changeExhibits | filing ↗ |
| 2025-11-06 | Reg FDExhibits | filing ↗ |
| 2025-08-11 | Reg FDExhibits | filing ↗ |
| 2025-07-14 | Auditor change | filing ↗ |
| 2025-06-20 | Shareholder voteExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-18 | 0001604868-26-000014 ↗ |
| 10-Q | 2026-05-12 | 2026-03-31 | 0001604868-26-000012 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001604868-26-000011 ↗ |
| 10-K | 2026-03-20 | 2025-12-31 | 0001604868-26-000004 ↗ |
| 8-K | 2026-03-19 | 2026-03-19 | 0001604868-26-000002 ↗ |
| 8-K | 2025-12-30 | 2025-12-29 | 0001628280-25-059106 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001604868-25-000032 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001604868-25-000031 ↗ |
| 8-K | 2025-08-11 | 2025-08-11 | 0001604868-25-000026 ↗ |
| 10-Q | 2025-08-11 | 2025-06-30 | 0001604868-25-000027 ↗ |
| 8-K | 2025-07-14 | 2025-07-10 | 0001604868-25-000023 ↗ |
| 8-K | 2025-06-20 | 2025-06-19 | 0001604868-25-000021 ↗ |