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GrowGeneration revenue
GrowGeneration's revenue is $188.9 million.
What is GrowGeneration's revenue?
- GrowGeneration's revenue growth from 2016 to 2024 is 2,266.6%.
- GrowGeneration has 200 employees, and the revenue per employee ratio is $944,330.
- GrowGeneration's peak quarterly revenue was $125.9M in 2021(q2).
- GrowGeneration peak revenue was $422.5M in 2021.
- GrowGeneration annual revenue for 2023 was 225.9M, -18.8% growth from 2022.
- GrowGeneration annual revenue for 2024 was 188.9M, -16.39% growth from 2023.
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GrowGeneration historical revenue
GrowGeneration's peak revenue was $422.5M in 2021. The peak quarterly revenue was $125.9M in 2021(q2).
GrowGeneration's revenue increased from $8.0m in 2016 to $188.9M currently. That's a 2,266.6% change in annual revenue.
GrowGeneration annual revenue
GrowGeneration annual revenue over time
| Fiscal year / year | GrowGeneration revenue |
|---|---|
| 2016 | $8.0M |
| 2017 | $14.4M |
| 2018 | $29.0M |
| 2019 | $79.7M |
| 2020 | $193.4M |
| 2021 | $422.5M |
| 2022 | $278.2M |
| 2023 | $225.9M |
| 2024 | $188.9M |
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GrowGeneration annual growth
GrowGeneration saw the greatest revenue growth in 2019, when revenue increased by 174.94%.
GrowGeneration had the lowest revenue growth in 2022, when revenue changed by -34.16%.
GrowGeneration annual growth rate over time
| Year | GrowGeneration growth |
|---|---|
| 2017 | 80%↑ |
| 2018 | 102%↑ |
| 2019 | 175%↑ |
| 2020 | 143%↑ |
| 2021 | 118%↑ |
| 2022 | -34%↓ |
| 2023 | -19%↓ |
| 2024 | -16%↓ |
GrowGeneration quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
GrowGeneration quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2016 | - | $1.9M | $2.2M | $2.4M |
| 2017 | $2.6M | $4.1M | $4.0M | $3.6M |
| 2018 | $4.4M | $7.2M | $8.4M | $9.1M |
| 2019 | $13.1M | $19.5M | $21.8M | $25.4M |
| 2020 | $33.0M | $43.5M | $55.0M | $61.9M |
| 2021 | $90.0M | $125.9M | $116.0M | $90.6M |
| 2022 | $81.8M | $71.1M | $70.9M | $54.5M |
| 2023 | $56.8M | $63.9M | $55.7M | $49.5M |
| 2024 | $47.9M | $53.5M | $50.0M | $37.4M |
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GrowGeneration financial information
| CEO | Darren Lampert |
| Industry | Food, Beverage & Tobacco |
| Company Type | Public |
| Employees Number | 200 |
| Date Founded | 2008 |
| Headquarters | Denver, Colorado |
| Revenue | $188.9M |
| Net Income | -$163,747,000 |
| Gross Proft | $43.7M (2024) |
| EBITDA | ($32.5M) (2024) |
| Tax Rate | -0.0% |
| Total Assets | $293,442,000 |
| Ticker | GRWG |
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GrowGeneration financing
GrowGeneration received early financing of $600.0K on 2014-11-13.
| Series | Round size | Date |
|---|---|---|
| Equity Crowdfunding | $600K | 11/2014 |
| Seed | $45K | 03/2015 |
| Series Unknown | $263K | 08/2015 |
| Series Unknown | $624K | 05/2016 |
| Post Ipo Equity | $9M | 01/2018 |
| Post Ipo Equity | $10M | 05/2018 |
| Post Ipo Equity | $12.8M | 06/2019 |
| Post Ipo Equity | $42M | 06/2020 |
| Post Ipo Equity | $172.5M | 12/2020 |
GrowGeneration investors
| Investors | Security type |
|---|---|
| Merida Capital Holdings | Post Ipo Equity |
| Navi Capital Partners, Co. | Post Ipo Equity |
| Navy Capital | Post Ipo Equity |
| Merida Capital Holdings | Post Ipo Equity |
| Gotham Green Partners LLC | Post Ipo Equity |
| Navy Capital | Post Ipo Equity |
| Merida Capital Holdings | Post Ipo Equity |
| Gotham Green Partners LLC | Post Ipo Equity |
| JW Asset Management | Post Ipo Equity |
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Zippia gives an in-depth look into the details of GrowGeneration, including salaries, political affiliations, employee data, and more, in order to inform job seekers about GrowGeneration. The employee data is based on information from people who have self-reported their past or current employments at GrowGeneration. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by GrowGeneration. The data presented on this page does not represent the view of GrowGeneration and its employees or that of Zippia.
GrowGeneration may also be known as or be related to GROWGENERATION CORP., GrowGeneration, GrowGeneration Corp Inc and GrowGeneration Corp.