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Side-by-side financial comparison of GrowGeneration Corp. (GRWG) and Ouster, Inc. (OUST). Click either name above to swap in a different company.

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $37.8M, roughly 1.6× GrowGeneration Corp.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 1.0%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs -11.1%).

GrowGeneration Corp is a leading U.S.-based specialty retailer of hydroponics and organic gardening supplies. It offers a full portfolio of products including grow lights, nutrient solutions, climate control systems and cultivation tools, serving both commercial indoor farming operators (including legal cannabis cultivators) and hobbyist home gardeners via its nationwide physical store network and e-commerce channels.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

GRWG vs OUST — Head-to-Head

Bigger by revenue
OUST
OUST
1.6× larger
OUST
$62.2M
$37.8M
GRWG
Growing faster (revenue YoY)
OUST
OUST
+105.6% gap
OUST
106.6%
1.0%
GRWG
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
-11.1%
GRWG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRWG
GRWG
OUST
OUST
Revenue
$37.8M
$62.2M
Net Profit
$-7.4M
Gross Margin
24.1%
60.2%
Operating Margin
-20.1%
1.5%
Net Margin
-19.6%
Revenue YoY
1.0%
106.6%
Net Profit YoY
68.2%
EPS (diluted)
$-0.12
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRWG
GRWG
OUST
OUST
Q4 25
$37.8M
$62.2M
Q3 25
$47.3M
$39.5M
Q2 25
$41.0M
$35.0M
Q1 25
$35.7M
$32.6M
Q4 24
$37.4M
$30.1M
Q3 24
$50.0M
$28.1M
Q2 24
$53.5M
$27.0M
Q1 24
$47.9M
$25.9M
Net Profit
GRWG
GRWG
OUST
OUST
Q4 25
$-7.4M
Q3 25
$-2.4M
$-21.7M
Q2 25
$-4.8M
$-20.6M
Q1 25
$-9.4M
$-22.0M
Q4 24
$-23.3M
Q3 24
$-11.4M
$-25.6M
Q2 24
$-5.9M
$-23.9M
Q1 24
$-8.8M
$-23.8M
Gross Margin
GRWG
GRWG
OUST
OUST
Q4 25
24.1%
60.2%
Q3 25
27.2%
42.1%
Q2 25
28.3%
45.2%
Q1 25
27.2%
41.3%
Q4 24
16.4%
43.8%
Q3 24
21.6%
38.3%
Q2 24
26.9%
33.7%
Q1 24
25.8%
28.6%
Operating Margin
GRWG
GRWG
OUST
OUST
Q4 25
-20.1%
1.5%
Q3 25
-6.0%
-61.4%
Q2 25
-12.9%
-76.5%
Q1 25
-27.7%
-73.0%
Q4 24
-63.9%
-85.1%
Q3 24
-24.2%
-98.0%
Q2 24
-12.2%
-93.6%
Q1 24
-19.7%
-99.5%
Net Margin
GRWG
GRWG
OUST
OUST
Q4 25
-19.6%
Q3 25
-5.2%
-55.0%
Q2 25
-11.7%
-58.8%
Q1 25
-26.3%
-67.5%
Q4 24
-62.4%
Q3 24
-22.9%
-91.1%
Q2 24
-11.0%
-88.4%
Q1 24
-18.5%
-91.9%
EPS (diluted)
GRWG
GRWG
OUST
OUST
Q4 25
$-0.12
$0.10
Q3 25
$-0.04
$-0.37
Q2 25
$-0.08
$-0.38
Q1 25
$-0.16
$-0.42
Q4 24
$-0.39
$-0.46
Q3 24
$-0.19
$-0.54
Q2 24
$-0.10
$-0.53
Q1 24
$-0.14
$-0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRWG
GRWG
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$46.1M
$208.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$97.5M
$261.7M
Total Assets
$147.0M
$349.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRWG
GRWG
OUST
OUST
Q4 25
$46.1M
$208.6M
Q3 25
$48.3M
$244.5M
Q2 25
$48.7M
$226.5M
Q1 25
$52.6M
$168.2M
Q4 24
$56.5M
$172.0M
Q3 24
$55.2M
$151.4M
Q2 24
$56.0M
$184.2M
Q1 24
$61.3M
$187.8M
Stockholders' Equity
GRWG
GRWG
OUST
OUST
Q4 25
$97.5M
$261.7M
Q3 25
$104.7M
$247.4M
Q2 25
$106.7M
$221.0M
Q1 25
$111.2M
$167.9M
Q4 24
$120.1M
$180.9M
Q3 24
$143.2M
$171.7M
Q2 24
$155.8M
$170.6M
Q1 24
$165.3M
$167.2M
Total Assets
GRWG
GRWG
OUST
OUST
Q4 25
$147.0M
$349.5M
Q3 25
$159.6M
$353.8M
Q2 25
$160.6M
$321.8M
Q1 25
$164.2M
$268.6M
Q4 24
$174.4M
$276.1M
Q3 24
$199.6M
$255.2M
Q2 24
$219.2M
$309.9M
Q1 24
$230.4M
$317.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRWG
GRWG
OUST
OUST
Operating Cash FlowLast quarter
$-2.2M
$-15.4M
Free Cash FlowOCF − Capex
$-37.2M
FCF MarginFCF / Revenue
-59.8%
Capex IntensityCapex / Revenue
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRWG
GRWG
OUST
OUST
Q4 25
$-2.2M
$-15.4M
Q3 25
$-499.0K
$-18.3M
Q2 25
$-2.9M
$-1.3M
Q1 25
$-3.8M
$-4.9M
Q4 24
$1.1M
$-2.6M
Q3 24
$1.2M
$-3.8M
Q2 24
$-398.0K
$-21.6M
Q1 24
$-3.6M
$-5.7M
Free Cash Flow
GRWG
GRWG
OUST
OUST
Q4 25
$-37.2M
Q3 25
$-20.0M
Q2 25
$-2.2M
Q1 25
$-5.4M
Q4 24
$-4.0M
Q3 24
$-4.3M
Q2 24
$-22.0M
Q1 24
$-7.1M
FCF Margin
GRWG
GRWG
OUST
OUST
Q4 25
-59.8%
Q3 25
-50.7%
Q2 25
-6.3%
Q1 25
-16.6%
Q4 24
-13.3%
Q3 24
-15.4%
Q2 24
-81.5%
Q1 24
-27.4%
Capex Intensity
GRWG
GRWG
OUST
OUST
Q4 25
35.0%
Q3 25
4.3%
Q2 25
2.5%
Q1 25
1.7%
Q4 24
4.8%
Q3 24
2.0%
Q2 24
1.3%
Q1 24
5.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRWG
GRWG

Consumables$22.3M59%
Durables$9.8M26%
Commercial Fixture Sales$5.7M15%

OUST
OUST

Segment breakdown not available.

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