GrowGeneration Corp., through its subsidiaries, operates as a developer, marketer, retailer, and distributor of products for both indoor and outdoor hydroponic and organic gardening in the United States. It operates in two segments, Cultivation and Gardening, and Storage Solutions. The company sells hydroponic and organic gardening related products, including nutrients, additives, growing media, lighting, environmental control systems, and other products for indoor and outdoor cultivation through hydroponic retail locations, commercial sales, wholesale, and an online platform at growgeneration.com under the Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, Viagrow, and other brands. It also provides customized storage solutions, such as high-density mobile storage systems, and static shelving, as well as other accessories such as desks, lockers, safes, and secured storage; and various services, including site surveys, floor plan designs, capacity analysis, seismic calculations, permitting, and installation under the Mobile Media or MMI brand for agriculture, retail, warehousing, office and administrative, food service, hospitality, golf and country clubs, and other markets. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.
GrowGeneration Reports Second Quarter 2026 Financial Results
GrowGeneration reported Q2 revenue of $43.2 million, up 5.5% year-over-year, while significantly narrowing its net loss to $2.0 million from $4.8 million in the prior year.
The company achieved positive Adjusted EBITDA of $0.3 million, a turnaround from the prior year's loss, driven by a 770 basis point improvement in proprietary brand penetration and reduced operating expenses.
Management raised full-year Adjusted EBITDA guidance to $2 million to $3 million while reaffirming revenue expectations, supported by a balance sheet holding $41.0 million in cash and no debt.