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Urban-Gro
Urban-Gro (UGRO) investor relations material
Urban-Gro Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary10 Feb, 2026
Executive summary
Revenues for Q2 2025 were $7.76M, down 57% year-over-year, with gross profit dropping to $0.04M (0.01% margin) from $2.4M (13% margin) in Q2 2024, driven by declines in all major revenue streams and continued negative market conditions in the CEA sector.
Operating expenses rose 18% to $6.0M in Q2 2025, mainly due to higher general and administrative costs, particularly bad debt expense, despite a decrease in depreciation and amortization.
Net loss for Q2 2025 was $6.2M, compared to $3.0M in Q2 2024; for the first half of 2025, net loss was $10.2M versus $5.5M in the prior year period.
Financial highlights
Six-month 2025 revenues were $17.3M, down 48% year-over-year; gross profit was $0.65M (4% margin) versus $5.4M (16% margin) in 2024.
Cash at June 30, 2025 was $0.7M, down from $0.8M at year-end 2024; negative working capital increased to $36.2M from $26.5M.
Net cash provided by operating activities was $2.6M for the first half of 2025, offset by $2.7M used in financing activities.
Stockholders' deficit widened to $34.2M at June 30, 2025 from $24.6M at December 31, 2024.
Outlook and guidance
Management has taken steps to reduce headcount and operating expenses to expedite a return to cash flow positive results and may seek additional equity or debt financing if necessary.
The company faces substantial doubt about its ability to continue as a going concern but recent actions are expected to alleviate this for the next twelve months.
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Next Urban-Gro earnings date
Q3 202517 Feb, 2026
Urban-Gro
Next Urban-Gro earnings date
Q3 202517 Feb, 2026
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Frequently asked questions
urban-gro, Inc. operates as an engineering design services company that integrates complex environmental equipment systems to create indoor cultivation facilities for the commercial horticulture market the United States, Canada, and Europe. It offers lighting, climate control, monitoring and control systems; water management products; supplemental CO2 generators; and evaporative cooling technologies.
The company's services include facility design, technology integration and plant science consulting services; project management, project closeout and construction services; commissioning and staff augmentation services; and warranty support. The company was founded in 2014 and is based in Lafayette, Colorado.
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