GrowGeneration stock reports stronger second quarter results. [sic]

Published on 09/29/2026 at 17:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GrowGeneration stock posted USD 43.22 million in Q2 2026 sales, up 5.50 percent year over year. Adjusted EBITDA turned positive at USD 0.30 million.

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GrowGeneration stock is tied to a second-quarter improvement that combined USD 43.22 million in net sales with a narrower adjusted loss of USD 0.03 per share. The figures for the quarter ended June 30, 2026, also show adjusted EBITDA turning positive at USD 0.30 million, giving the specialty retailer a more constructive operating base.

Sales growth reaches 5.50 percent

According to Investing.com on September 18, 2026, second-quarter revenue exceeded the USD 42.41 million consensus estimate and rose 5.50 percent from the prior-year quarter. Sequentially, sales increased 12.60 percent from the first quarter, while the adjusted loss improved against the USD 0.04 consensus loss.

The margin picture also shifted. Gross margin reached 28.50 percent in the second quarter, compared with 25.40 percent in the first quarter, and proprietary brands represented 39.70 percent of cultivation and gardening revenue. That mix matters because it gives GrowGeneration a clearer path toward higher-value sales than a model built only on third-party products.

EBITDA guidance moves higher

GrowGeneration lists Q2 2026 as its latest financial report and dates the quarter end to June 30, 2026. The company kept its full-year revenue outlook unchanged but lifted adjusted EBITDA guidance to USD 2 million to USD 3 million, according to the Q2 update reported by Investing.com.

The balance sheet adds a second support point: the company held USD 41.0 million in cash, cash equivalents and marketable securities at June 30, 2026, with no debt cited in the quarterly update. Positive adjusted EBITDA does not eliminate the net loss, but the combination of revenue growth, margin expansion and lower operating costs gives the guidance increase a measurable basis.

Analyst target stays at USD 2.50

MarketBeat identifies GrowGeneration as NASDAQ:GRWG and reports a Hold consensus with a USD 2.50 target price on September 7, 2026. The same report lists one Buy, one Hold and one Sell rating, showing that the improved operating figures have not produced a unanimous view.

Market value and investor facts

On September 29, 2026, GRWG had a market capitalization of USD 95.2 million and a 52-week range of USD 1.00 to USD 2.40. GrowGeneration operates as a specialty retailer serving indoor and outdoor hydroponic and organic gardening customers through retail, commercial sales and e-commerce channels.