Grove Collaborative (GROV)
Sells owned and curated household and personal care products through direct and retail channels.
$1.02
After hours−0.00 (−0.49%)
At close$1.03(−1.44%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 60 | 54 | 52 | 48 | 50 | 44 | 44 | 44 | 42 | 36 | 37 |
| Cost of revenue | 29 | 27 | 24 | 24 | 23 | 24 | 20 | 20 | 20 | 20 | 16 | 17 |
| Gross profit | 33 | 33 | 30 | 28 | 26 | 26 | 23 | 24 | 23 | 22 | 20 | 20 |
| 37 | 41 | 30 | 35 | 32 | 34 | 27 | 28 | 26 | 24 | 21 | 20 | |
| Research & development | 4 | 5 | 4 | 5 | 5 | 5 | 2 | 2 | 2 | 2 | 2 | 2 |
| 34 | 36 | 27 | 30 | 28 | 30 | 25 | 26 | 24 | 22 | 19 | 18 | |
| Selling & marketing | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 1 | 1 | 1 |
| General & administrative | 30 | 32 | 25 | 27 | 25 | 27 | 22 | 23 | 21 | 21 | 18 | 16 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Operating income | −4 | −8 | −1 | −7 | −7 | −8 | −4 | −3 | −3 | −2 | −1 | −1 |
| −6 | −2 | −3 | −3 | 5 | −4 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 4 | 4 | 4 | 4 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 2 | −3 | −1 | −1 | −8 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −10 | −9 | −3 | −10 | −1 | −13 | −4 | −4 | −3 | −2 | −1 | −1 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −10 | −9 | −3 | −10 | −1 | −13 | −4 | −4 | −3 | −2 | −1 | −1 |
| Net income | −10 | −9 | −3 | −10 | −1 | −13 | −4 | −4 | −3 | −2 | −1 | −1 |
| EPS, basic | −$0.31 | −$0.27 | −$0.10 | −$0.28 | −$0.04 | −$0.34 | −$0.10 | −$0.10 | −$0.08 | −$0.05 | −$0.03 | −$0.03 |
| EPS, diluted | −$0.31 | −$0.27 | −$0.10 | −$0.28 | −$0.04 | −$0.34 | −$0.10 | −$0.10 | −$0.08 | −$0.05 | −$0.03 | −$0.03 |
| Weighted average shares, basic | 35 | 36 | 36 | 37 | 37 | 38 | 37 | 39 | 39 | 40 | 40 | 41 |
| Weighted average shares, diluted | 35 | 36 | 36 | 37 | 37 | 38 | 37 | 39 | 39 | 40 | 40 | 41 |
| EBITDA | −4 | −4 | 3 | −4 | 4 | −9 | −3 | −3 | −2 | −1 | 0 | 0 |
| Depreciation & amortization | 1 | 1 | 2 | 2 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 1 |
| EBIT | −6 | −5 | 1 | −6 | 2 | −11 | −3 | −3 | −3 | −1 | −1 | −1 |
