GROV Q2 2022 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q2 2022 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$79M-19.9% YoY

Gross Profit

$39M49.1% margin

Operating Income

-$43M-53.9% margin

Net Income

-$35M-44.5% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

-$37M

Free Cash Flow

-$38M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$230M

Total Liabilities

$239M

Stockholders' Equity

-$8M

Cash & Equivalents

$132M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$99M	-19.9%
Gross Profit	$39M	$49M	-20.6%
Operating Income	-$43M	-$26M	-63.8%
Net Income	-$35M	-$29M	-23.8%