Urban-Gro Q3 revenue drops 70% to USD 2.3 million

Reuters
Feb 18
Urban-Gro Q3 revenue drops 70% to USD 2.3 million

Urban-Gro Inc. reported third quarter (Q3) revenues of USD 2.3 million, a decrease of 70% compared to the same period last year. The company recorded a Q3 gross loss of USD 0.17 million, representing minus 7% of revenues, versus a gross income of USD 0.69 million in the prior year period. Operating expenses for Q3 were USD 2.1 million, down 47%. The decline in revenues was mainly due to lower equipment systems and construction design-build revenue. Urban-Gro continued to offer architectural, engineering, and construction management solutions across the Controlled Environment Agriculture, industrial, healthcare, and commercial sectors during the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban-Gro Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-017033), on February 17, 2026, and is solely responsible for the information contained therein.

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