GROV

MKT CAP:$46M

Grove Collaborative Holdings, Inc.

Market Cap

$46M

Consumer Defensive·Household & Personal Products·🇺🇸 United States·NYSE

Consumer Def.·Household·🇺🇸·NYSE

Stock Price

$1.23+$0.11 (+9.82%)

Apr 22, 2026

Company Details

Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It provides household cleaning, personal care, laundry, clean beauty, baby, and pet care products for households. The company ...

CEO

Jeff Yurcisin

IPO Date

May 13, 2021

Website

www.grove.co

Key Metrics TTM

Revenue

$174M

-14.6% YoY

Net Income

-$12M

EPS (Diluted)

-$0.33

Free Cash Flow

-$8M

Revenue / Share

$4.37

Gross Margin

53.7%

Operating Margin

-4.7%

Net Margin

-6.7%

FCF Margin

-4.7%

P/S

0.3x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 5, 2026

$174M-14.6%EPS -$0.34

Q4 2025

Mar 5, 2026

$42M-14.3%EPS -$0.05

Q3 2025

Nov 13, 2025

$44M-9.4%EPS -$0.08

Q2 2025

Aug 7, 2025

$44M-15.5%EPS -$0.10

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$90M	$43M	-$47M
Q2 22	$79M	$39M	-$43M
Q3 22	$78M	$38M	-$23M
Q4 22	$74M	$35M	-$28M
Q1 23	$72M	$37M	-$14M
Q2 23	$66M	$34M	-$10M
Q3 23	$62M	$33M	-$4M
Q4 23	$60M	$33M	-$8M
Q1 24	$54M	$30M	-$533.0K
Q2 24	$52M	$28M	-$7M
Q3 24	$48M	$26M	-$7M
Q4 24	$50M	$26M	-$8M
Q1 25	$44M	$23M	-$4M
Q2 25	$44M	$24M	-$3M
Q3 25	$44M	$23M	-$3M
Q4 25	$42M	$22M	$2M

Valuation

Quarter	P/S	P/E
Q1 22	0.1x	—
Q2 22	0.1x	—
Q3 22	0.1x	—
Q4 22	0.1x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	—
Q4 23	0.2x	—
Q1 24	0.2x	—
Q2 24	0.2x	—
Q3 24	0.2x	—
Q4 24	0.2x	—
Q1 25	0.2x	—
Q2 25	0.2x	—
Q3 25	0.3x	—
Q4 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$30M	-$31M
Q2 22	-$37M	-$38M
Q3 22	-$23M	-$24M
Q4 22	-$7M	-$7M
Q1 23	-$7M	-$8M
Q2 23	$1M	$410.0K
Q3 23	-$4M	-$4M
Q4 23	$1M	$507.0K
Q1 24	-$12M	-$13M
Q2 24	$2M	$1M
Q3 24	$750.0K	$264.0K
Q4 24	$270.0K	-$95.0K
Q1 25	-$7M	-$7M
Q2 25	$987.0K	$556.0K
Q3 25	-$1M	-$1M
Q4 25	-$29.0K	-$62.0K

Capital Expenditures

Quarter	CapEx
Q1 22	$1M
Q2 22	$1M
Q3 22	$970.0K
Q4 22	$642.0K
Q1 23	$784.0K
Q2 23	$755.0K
Q3 23	$844.0K
Q4 23	$602.0K
Q1 24	$518.0K
Q2 24	$388.0K
Q3 24	$486.0K
Q4 24	$365.0K
Q1 25	$541.0K
Q2 25	$431.0K
Q3 25	$161.0K
Q4 25	$33.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-11.5%	-0.4%
Q2 22	-19.9%	-2.5%
Q3 22	-18.3%	-23.6%
Q4 22	-15.2%	-13.0%
Q1 23	-20.9%	-38.1%
Q2 23	-16.6%	-38.0%
Q3 23	-20.6%	-34.3%
Q4 23	-19.2%	-33.8%
Q1 24	-25.2%	-36.5%
Q2 24	-21.2%	-22.0%
Q3 24	-21.8%	-16.4%
Q4 24	-17.3%	-14.7%
Q1 25	-18.7%	-13.0%
Q2 25	-15.5%	-19.5%
Q3 25	-9.4%	-15.6%
Q4 25	-14.3%	-29.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	4.9%
Q2 22	$20M	25.3%
Q3 22	$10M	12.6%
Q4 22	$11M	15.3%
Q1 23	$5M	6.8%
Q2 23	$5M	7.5%
Q3 23	$2M	3.4%
Q4 23	$4M	6.0%
Q1 24	$3M	5.8%
Q2 24	$3M	6.5%
Q3 24	$3M	5.7%
Q4 24	$3M	5.5%
Q1 25	$969.0K	2.2%
Q2 25	$1M	3.1%
Q3 25	$1M	2.5%
Q4 25	$828.0K	2.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 22	$6M	$51M	$33M
Q2 22	$6M	$58M	$18M
Q3 22	$6M	$46M	$9M
Q4 22	$5M	$52M	$7M
Q1 23	$4M	$38M	$9M
Q2 23	$4M	$35M	$5M
Q3 23	$4M	$30M	$4M
Q4 23	$5M	$32M	$4M
Q1 24	$4M	$25M	$2M
Q2 24	$5M	$27M	$2M
Q3 24	$5M	$25M	$3M
Q4 24	$5M	$27M	$3M
Q1 25	$2M	$22M	$3M
Q2 25	$2M	$23M	$3M
Q3 25	$2M	$21M	$3M
Q4 25	$2M	—	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$74M	$0	$74M
Q2 22	$132M	$0	$132M
Q3 22	$104M	$0	$104M
Q4 22	$81M	$0	$81M
Q1 23	$82M	$0	$82M
Q2 23	$81M	$0	$81M
Q3 23	$86M	$0	$86M
Q4 23	$86M	$0	$86M
Q1 24	$78M	$0	$78M
Q2 24	$79M	$0	$79M
Q3 24	$51M	$0	$51M
Q4 24	$20M	$0	$20M
Q1 25	$10M	$0	$10M
Q2 25	$10M	$0	$10M
Q3 25	$9M	$0	$9M
Q4 25	$8M	$0	$8M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	19M	+2.2%	+49.5%
Q2 22	18M	-6.5%	+22.2%
Q3 22	33M	+89.3%	+88.0%
Q4 22	32M	-2.4%	+76.4%
Q1 23	34M	+4.1%	+79.8%
Q2 23	34M	+1.6%	+95.3%
Q3 23	35M	+2.8%	+6.1%
Q4 23	36M	+1.8%	+10.7%
Q1 24	36M	+1.0%	+7.5%
Q2 24	37M	+1.4%	+7.3%
Q3 24	37M	+1.6%	+5.9%
Q4 24	38M	+1.1%	+5.2%
Q1 25	37M	-1.9%	+2.1%
Q2 25	39M	+4.8%	+5.6%
Q3 25	39M	+1.5%	+5.4%
Q4 25	40M	+1.0%	+5.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$30M	3
Q2 22	$26M	3
Q3 22	$26M	3
Q4 22	$134.6K	550
Q1 23	$130.1K	550
Q2 23	$120.2K	550
Q3 23	$112.3K	550
Q4 23	$146.7K	408
Q1 24	$131.2K	408
Q2 24	$127.7K	408
Q3 24	$118.3K	408
Q4 24	$146.0K	339
Q1 25	$128.5K	339
Q2 25	$129.9K	339
Q3 25	$129.0K	339
Q4 25	$180.5K	235

Revenue / Employee