GrowGeneration anticipates full year 2026 net revenue between $162M and $168M, with gross margins expected to be 27% to 29%. GrowGeneration also expects to achieve breakeven Adjusted EBITDA for the full year 2026.
Bullish
GrowGeneration achieved significant gross margin expansion and increased proprietary brand penetration in 2025, while improving its GAAP net loss and Adjusted EBITDA, supported by a strong balance sheet with $46.1M in cash.
Bearish
GrowGeneration faced a full year net sales decline due to store consolidations and experienced slowness in its Cultivation and Gardening segment from macroeconomic factors, alongside industry pricing compression impacting Storage Solutions gross profit.