GrowGeneration swung to a $237K profit in Q3 2026, supported by $2.6 million in tariff refunds, even as net sales dipped to $44,783K from $47,254K a year earlier.
Q3 2026 shows a swing to net income of $237K versus a $(2,437)K loss a year earlier, with Adjusted EBITDA of $2,276K (including $2.6M of IEEPA tariff refunds) versus $1,338K, and nine-month loss narrowing to $(6,698)K from $(16,625)K. A return to profitability is a hard positive for the stock. Offsetting this, net sales fell to $44,783K from $47,254K year-over-year and the profit relies partly on one-off tariff refunds.
GrowGeneration Corp. reported a net income of $237K for the third quarter of 2026, marking a turnaround from the $(2,437)K loss recorded in the same period last year. The quarterly results were bolstered by $2.6 million in IEEPA tariff refunds, helping to offset a decline in net sales to $44,783K from $47,254K year-over-year.
For the quarter ended September 30, 2026 it reported net income of $237K, its first positive result in the filing versus a $(2,437)K loss a year earlier, though the nine-month period still shows a $(6,698)K loss.
Gross profit rose to $14,526K from $12,856K, operating expenses fell to $14,578K from $15,698K, and results included $2.6 million of IEEPA tariff refunds; however, sales were lower than a year ago.