GROV Q2 2024 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q2 2024 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$52M-21.2% YoY

Gross Profit

$28M53.9% margin

Operating Income

-$7M-13.3% margin

Net Income

-$10M-19.3% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$132M

Total Liabilities

$121M

Stockholders' Equity

$11M

Cash & Equivalents

$79M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$66M	-21.2%
Gross Profit	$28M	$34M	-18.2%
Operating Income	-$7M	-$10M	+27.4%
Net Income	-$10M	-$11M	+7.4%