urban-gro (UGRO) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChart

urban-gro Revenue Highlights


Latest Revenue (Y)

$40.01M

Latest Revenue (Q)

$2.38M

Main Segment (Y)

Service

Main Geography (Y)

Equipment Systems

urban-gro Revenue by Period


urban-gro Revenue by Year

DateRevenueChange
2024-12-31$40.01M-44.08%
2023-12-31$71.54M7.91%
2022-12-31$66.30M6.74%
2021-12-31$62.11M140.40%
2020-12-31$25.84M6.81%
2019-12-31$24.19M20.64%
2018-12-31$20.05M63.04%
2017-12-31$12.30M74.85%
2016-12-31$7.03M-

urban-gro generated $40.01M in revenue during NA 2024, up -44.08% compared to the previous quarter, and up 165.40% compared to the same period a year ago.

urban-gro Revenue by Quarter

DateRevenueChange
2025-09-30$2.38M-69.31%
2025-06-30$7.77M-18.37%
2025-03-31$9.51M-382.46%
2024-12-31$-3.37M-134.06%
2024-09-30$9.89M-44.89%
2024-06-30$17.95M15.46%
2024-03-31$15.54M3.58%
2023-12-31$15.01M-28.32%
2023-09-30$20.93M13.46%
2023-06-30$18.45M10.93%
2023-03-31$16.63M-4.01%
2022-12-31$17.33M40.09%
2022-09-30$12.37M-24.03%
2022-06-30$16.28M-22.66%
2022-03-31$21.05M11.04%
2021-12-31$18.96M3.67%
2021-09-30$18.29M42.53%
2021-06-30$12.83M6.62%
2021-03-31$12.03M30.63%
2020-12-31$9.21M10.20%
2020-09-30$8.36M108.71%
2020-06-30$4.01M-6.00%
2020-03-31$4.26M-40.26%
2019-12-31$7.13M27.76%
2019-09-30$5.58M-1.00%
2019-06-30$5.64M-3.33%
2019-03-31$5.83M8.63%
2018-12-31$5.37M0.63%
2018-09-30$5.34M-9.51%
2018-06-30$5.90M71.12%
2018-03-31$3.45M-24.69%
2017-12-31$4.58M56.36%
2017-09-30$2.93M-13.12%
2017-06-30$3.37M136.14%
2017-03-31$1.43M-

urban-gro generated $2.38M in revenue during Q3 2025, up -69.31% compared to the previous quarter, and up 13.28% compared to the same period a year ago.

urban-gro Revenue Breakdown


urban-gro Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 20Dec 19
Service$8.81M$11.92M--
Consumables Member$352.80K---
Other-$688.24K--
Equipment Systems-$12.68M$22.06M-
Services--$1.90M$928.06K
Consumable Products--$1.88M-
Products---$3.17M

urban-gro's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (96.15%), and Consumables Member (3.85%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Construction$1.68M$3.65M------------------
Other Member$108.77K$19.68K$33.91K-----------------
Service-$1.10M$1.40M$1.91M$3.13M$2.52M$2.90M$3.03M$3.36M$2.84M$3.03M$3.64M--------
Services Member--$1.65M-----------------
Other----$83.73K$75.14K$198.76K$178.44K$134.09K-----------
Equipment Systems----$3.72M$2.51M$2.10M$3.04M$4.62M$3.88M$10.08M$17.07M$16.45M$12.18M$11.34M-----
Consumable Products----------$265.42K$259.05K$347.02K$372.45K$363.57K$429.09K$-13.26M---
Services-------------$1.46M$288.41K$260.51K$412.75K$448.88K$626.67K$414.67K
Product Sales-----------------$7.91M$3.38M$3.85M

urban-gro's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Construction (93.94%), and Other Member (6.06%).

urban-gro Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19
Consumable Products$1.88M-
Services$1.90M$928.06K
Equipment Systems$22.06M-
Products-$3.17M

urban-gro's latest annual revenue breakdown by geography, as of Dec 20: Equipment Systems (85.37%), Services (7.37%), and Consumable Products (7.26%).

Quarterly Revenue by Country

CountryDec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Service$3.36M$2.84M$3.03M$3.64M-------
Consumable Products-$265.42K$259.05K$347.02K$372.45K$363.57K$429.09K$-13.26M---
Equipment Systems-$3.88M$10.08M$17.07M$16.45M$12.18M$11.34M----
Services----$1.46M$288.41K$260.51K$412.75K$448.88K$626.67K$414.67K
Product Sales--------$7.91M$3.38M$3.85M

urban-gro's latest quarterly revenue breakdown by geography, as of Dec 22: Service (100.00%).

urban-gro Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
XPONExpion360$5.62B$2.99M
FGLFounder Group Limited Ordinary Shares$1.53B$435.00M
SUNESUNation Energy$79.63M$18.99M
UGROurban-gro$40.01M$2.38M
PMAXPowell Max Limited Class A Ordinary Shares$36.46M$3.07M
RAYAErayak Power Solution Group$20.32M$10.83M
JCSEJE Cleantech$18.03M$4.61M
DFSCDEFSEC$1.50M$1.26M
ASTCAstrotech$1.05M$148.00K
RVSNRail Vision$421.00K$142.00K
BKYIBIO-key$100.00K$1.55M

UGRO Revenue FAQ


What is urban-gro’s yearly revenue?

urban-gro's yearly revenue for 2024 was $40.01M, representing a decrease of -44.08% compared to 2023. The company's yearly revenue for 2023 was $71.54M, representing an increase of 7.91% compared to 2022. UGRO's yearly revenue for 2022 was $66.3M, representing an increase of 6.74% compared to 2021.

What is urban-gro’s quarterly revenue?

urban-gro's quarterly revenue for Q3 2025 was $2.38M, a -69.31% decrease from the previous quarter (Q2 2025), and a -75.90% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $7.77M, a -18.37% decrease from the previous quarter (Q1 2025), and a -56.72% decrease year-over-year (Q2 2024). UGRO's quarterly revenue for Q1 2025 was $9.51M, a -382.46% decrease from the previous quarter (Q4 2024), and a -38.79% decrease year-over-year (Q1 2024).

What is urban-gro’s revenue growth rate?

urban-gro's revenue growth rate for the last 3 years (2022-2024) was -39.65%, and for the last 5 years (2020-2024) was 54.85%.

What are urban-gro’s revenue streams?

urban-gro's revenue streams in c 24 are Service, and Consumables Member. Service generated $8.81M in revenue, accounting 96.15% of the company's total revenue, down -26.15% year-over-year. Consumables Member generated $352.8K in revenue, accounting 3.85% of the company's total revenue

What is urban-gro’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of urban-gro was Service. This segment made a revenue of $8.81M, representing 96.15% of the company's total revenue.