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GrowGeneration Corp.（GRWG）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
GrowGeneration Corp.的季度营收约是REDWOOD TRUST INC的1.5倍（$37.8M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -19.6%，领先96.8%），GrowGeneration Corp.同比增速更快（1.0% vs -6.1%），过去两年GrowGeneration Corp.的营收复合增速更高（-11.1% vs -41.0%）
GrowGeneration Corp是美国领先的水培及有机园艺用品专业零售商，主营种植灯、营养液、环境控制系统、栽培工具等全系列产品，通过覆盖全国的实体门店和电商渠道，为商业室内种植从业者（包括合法大麻种植商）及家庭园艺爱好者提供服务。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
GRWG vs RWT — 直观对比
营收规模更大
GRWG
是对方的1.5倍
$25.9M
营收增速更快
GRWG
高出7.1%
-6.1%
净利率更高
RWT
高出96.8%
-19.6%
两年增速更快
GRWG
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $37.8M | $25.9M |
| 净利润 | $-7.4M | $20.0M |
| 毛利率 | 24.1% | — |
| 营业利润率 | -20.1% | — |
| 净利率 | -19.6% | 77.2% |
| 营收同比 | 1.0% | -6.1% |
| 净利润同比 | 68.2% | 402.6% |
| 每股收益（稀释后） | $-0.12 | $0.11 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GRWGRWT
| Q4 25 | $37.8M | $25.9M | ||
| Q3 25 | $47.3M | $15.0M | ||
| Q2 25 | $41.0M | $13.8M | ||
| Q1 25 | $35.7M | $27.9M | ||
| Q4 24 | $37.4M | $27.6M | ||
| Q3 24 | $50.0M | $25.5M | ||
| Q2 24 | $53.5M | $67.4M | ||
| Q1 24 | $47.9M | $74.5M |
净利润GRWGRWT
| Q4 25 | $-7.4M | $20.0M | ||
| Q3 25 | $-2.4M | $-7.7M | ||
| Q2 25 | $-4.8M | $-98.5M | ||
| Q1 25 | $-9.4M | $16.1M | ||
| Q4 24 | $-23.3M | $-6.6M | ||
| Q3 24 | $-11.4M | $14.8M | ||
| Q2 24 | $-5.9M | $15.5M | ||
| Q1 24 | $-8.8M | $30.3M |
毛利率GRWGRWT
| Q4 25 | 24.1% | — | ||
| Q3 25 | 27.2% | — | ||
| Q2 25 | 28.3% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | 26.9% | — | ||
| Q1 24 | 25.8% | — |
营业利润率GRWGRWT
| Q4 25 | -20.1% | — | ||
| Q3 25 | -6.0% | -9.0% | ||
| Q2 25 | -12.9% | -679.0% | ||
| Q1 25 | -27.7% | 80.2% | ||
| Q4 24 | -63.9% | -1.3% | ||
| Q3 24 | -24.2% | 86.1% | ||
| Q2 24 | -12.2% | 30.3% | ||
| Q1 24 | -19.7% | 41.3% |
净利率GRWGRWT
| Q4 25 | -19.6% | 77.2% | ||
| Q3 25 | -5.2% | -51.4% | ||
| Q2 25 | -11.7% | -712.0% | ||
| Q1 25 | -26.3% | 57.8% | ||
| Q4 24 | -62.4% | -24.0% | ||
| Q3 24 | -22.9% | 58.1% | ||
| Q2 24 | -11.0% | 23.0% | ||
| Q1 24 | -18.5% | 40.6% |
每股收益（稀释后）GRWGRWT
| Q4 25 | $-0.12 | $0.11 | ||
| Q3 25 | $-0.04 | $-0.08 | ||
| Q2 25 | $-0.08 | $-0.76 | ||
| Q1 25 | $-0.16 | $0.10 | ||
| Q4 24 | $-0.39 | $-0.08 | ||
| Q3 24 | $-0.19 | $0.09 | ||
| Q2 24 | $-0.10 | $0.10 | ||
| Q1 24 | $-0.14 | $0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $46.1M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $97.5M | $982.6M |
| 总资产 | $147.0M | $23.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GRWGRWT
| Q4 25 | $46.1M | $255.7M | ||
| Q3 25 | $48.3M | $226.3M | ||
| Q2 25 | $48.7M | $302.0M | ||
| Q1 25 | $52.6M | $259.9M | ||
| Q4 24 | $56.5M | $245.2M | ||
| Q3 24 | $55.2M | $253.7M | ||
| Q2 24 | $56.0M | $275.6M | ||
| Q1 24 | $61.3M | $275.4M |
总债务GRWGRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益GRWGRWT
| Q4 25 | $97.5M | $982.6M | ||
| Q3 25 | $104.7M | $999.0M | ||
| Q2 25 | $106.7M | $1.1B | ||
| Q1 25 | $111.2M | $1.2B | ||
| Q4 24 | $120.1M | $1.2B | ||
| Q3 24 | $143.2M | $1.2B | ||
| Q2 24 | $155.8M | $1.2B | ||
| Q1 24 | $165.3M | $1.2B |
总资产GRWGRWT
| Q4 25 | $147.0M | $23.7B | ||
| Q3 25 | $159.6M | $22.6B | ||
| Q2 25 | $160.6M | $21.3B | ||
| Q1 25 | $164.2M | $19.9B | ||
| Q4 24 | $174.4M | $18.3B | ||
| Q3 24 | $199.6M | $18.4B | ||
| Q2 24 | $219.2M | $16.5B | ||
| Q1 24 | $230.4M | $15.1B |
负债/权益比GRWGRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-2.2M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GRWGRWT
| Q4 25 | $-2.2M | $-10.1B | ||
| Q3 25 | $-499.0K | $-2.7B | ||
| Q2 25 | $-2.9M | $-2.1B | ||
| Q1 25 | $-3.8M | $-2.0B | ||
| Q4 24 | $1.1M | $-5.9B | ||
| Q3 24 | $1.2M | $-2.1B | ||
| Q2 24 | $-398.0K | $-2.0B | ||
| Q1 24 | $-3.6M | $-954.2M |
现金转化率GRWGRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GRWG
| Consumables | $22.3M | 59% |
| Durables | $9.8M | 26% |
| Commercial Fixture Sales | $5.7M | 15% |
RWT
暂无分部数据
