# GROWGENERATION CORP. (GRWG) · Edgar & Edgarette company card

> Growgeneration (GRWG) saw revenue fall 14.4% in FY2025 to $162 million, operating margin -15.8% against a 7.6% median for building materials, hardware, garden supply, equity 66.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1604868 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/GRWG) · [JSON](https://www.pops4.com/boards/company/GRWG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $162M |
| Revenue growth, 1 year | -14.4% |
| Revenue growth per year | -21.3% |
| Operating margin | -15.8% (prior year -27.5%) |
| Net margin | -14.9% |
| Operating cash flow | −$9M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $30M |
| Long-term debt | — |
| Total assets | $147M |
| Total equity | $97M |
| Equity ÷ assets | 66.3% |
| Return on equity | -24.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -1.83 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -2.65 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · filed restructuring or exit costs in the last 12 months; operating cash flow was negative; operating loss: a margin of -15.8% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $161.7M (FY2025). Experience: revenue down 14.4% on the year, down 21.3% a year over 4 years; operating margin -15.8%, up from -27.5%. Soundness: equity 66.3% of assets, return on equity -24.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $111.7M and $161.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $101.8M to $177.4M. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, its industry group): operating margin -15.8% against a 7.6% median; growth -14.4% against 3.1%.

Range logged 2026-11-01, receipt 6d18a80f594d3c2b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.05 Restructuring or exit costs: 1, latest 2026-11-10 ([filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000024/0001604868-26-000024-index.htm))
- Item 5.02 Director or officer change: 1, latest 2025-12-30 ([filing](https://www.sec.gov/Archives/edgar/data/1604868/000162828025059106/0001628280-25-059106-index.htm))

## Recent filings

- 10-Q · filed 2026-11-10 · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000026/0001604868-26-000026-index.htm)
- 8-K · filed 2026-11-10 · 2.05 Costs Associated with Exit or Disposal Activities; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000024/0001604868-26-000024-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000020/0001604868-26-000020-index.htm)
- 8-K · filed 2026-08-11 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000019/0001604868-26-000019-index.htm)
- 8-K · filed 2026-06-22 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000014/0001604868-26-000014-index.htm)
- 10-Q · filed 2026-05-12 · [filing](https://www.sec.gov/Archives/edgar/data/1604868/000160486826000012/0001604868-26-000012-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001604868.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1604868

## Cite

POPS4, Edgar & Edgarette: GROWGENERATION CORP. (GRWG) company card, from the company's own SEC filings, accessed 2026-11-11, https://www.pops4.com/boards/company/GRWG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.