GrowGeneration stock reports 5.5 percent Q2 revenue growth

Published on 10/07/2026 at 00:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GrowGeneration stock posted USD 43.2 million in Q2 sales on August 11, 2026, with proprietary brands at 39.7 percent of cultivation revenue. Analysts set a USD 2.50 average target.

GRWG, US39986L1098, Illustration mit AI erstellt.

GrowGeneration stock (ISIN US39986L1098) was last at USD 1.55 on Nasdaq on October 6, 2026, down 0.64 percent from the prior close. The company reported USD 43.2 million in second-quarter sales on August 11, 2026, up 5.5 percent from the prior-year period.

Q2 sales improved year over year

According to Makkler, GrowGeneration achieved positive adjusted EBITDA of USD 0.3 million in Q2 2026, while net sales rose 12.6 percent sequentially and 5.5 percent year over year.

The quarter ended June 30, 2026, also showed a sharper contribution from proprietary products. Their penetration reached 39.7 percent of Cultivation and Gardening revenue, an increase of 770 basis points from the prior-year quarter, according to Makkler.

Profit guidance moves higher

The company reaffirmed full-year 2026 revenue guidance of USD 162 million to USD 168 million and raised adjusted EBITDA guidance to USD 2 million to USD 3 million, as reported by Makkler on August 11, 2026. That guidance puts the company's profitability target against a second-quarter adjusted EBITDA result of USD 0.3 million.

The investor-relations page identifies Q2 2026 as the latest financial reporting period, covering the quarter ended June 30, 2026. GrowGeneration operates in hydroponic and organic gardening products, with additional storage solutions for commercial and other facilities, according to its GrowGeneration investor-relations page.

Consensus target remains above market price

The analyst consensus is Buy from 3 analysts, with an average price target of USD 2.50, according to Stock Analysis as of October 6, 2026. The target is a forward-looking consensus figure rather than a reported company result.

For investors, the key distinction is between improving operating indicators and continuing losses. The Q2 adjusted EBITDA improvement and higher proprietary-brand mix support the guidance case, while the USD 162 million to USD 168 million revenue range defines the scale against which the profit target must be delivered.

GRWG trades below USD 2

GrowGeneration stock was last at USD 1.55 on Nasdaq at 4:00 p.m. ET on October 6, 2026. Its 52-week range was USD 1.00 to USD 2.40, and its market capitalization was USD 93.1 million on the same date.