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Grow Generation GRWG Sales taxes payable

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Other financials

Income statement

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Revenue$38.4M+7.5%
Gross profit$9.7M+0.3%
Operating income-$5.3M+46.7%
Net income-$4.9M+47.5%
EPS (diluted)-$0.08+50.0%

Balance sheet

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Cash & equivalents$21.7M-33.8%
Total debt$27.5M-21.2%
Total equity$92.8M-16.5%
Total assets$139.6M-15.0%

Cash flow

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Operating cash flow-$5.0M-31.8%
CapEx$88.0K-62.9%
Free cash flow-$5.1M-26.3%

Valuation

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Market cap$88.93M+48.5%
Enterprise value$94.71M+35.7%
P/S0.5×+0.2×

Profitability

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Gross margin26.3%+3.1pp
Operating margin-12.8%-4.6pp
Net margin-11.9%-4.4pp
FCF margin-6.7%

Returns & leverage

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Return on equity-19.2%-6.1pp
Debt / equity0.3×0.0×
Current ratio4.1×-0.3×

Where this comes from

Reported directly by Grow Generation in its filing.

Tagged under the XBRL concept us-gaap:SalesAndExciseTaxPayableCurrent.

The official record: Grow Generation’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grow Generation's sales taxes payable?
Grow Generation (GRWG) reported sales taxes payable of $840K in Q1 2026.
How has Grow Generation's sales taxes payable changed year-over-year?
Grow Generation's sales taxes payable decreased by 40.4% year-over-year, from $1.41M to $840K.
What is the long-term trend for Grow Generation's sales taxes payable?
Over 5 years (2020 to 2025), Grow Generation's sales taxes payable has grown at a -5.6% compound annual growth rate (CAGR), from $1.16M to $872K.
What does sales taxes payable mean?
This represents the current liability for sales taxes collected from customers on behalf of various state and local taxing jurisdictions. It reflects the amount of tax revenue held by the company that is due to be remitted to government authorities. Tracking this balance is essential for assessing the company's short-term liquidity obligations and its compliance with indirect tax collection requirements.