GROV Q3 2022 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q3 2022 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$78M-18.3% YoY

Gross Profit

$38M49.1% margin

Operating Income

-$23M-29.0% margin

Net Income

$8M9.9% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$24M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$203M

Total Liabilities

$178M

Stockholders' Equity

$25M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$95M	-18.3%
Gross Profit	$38M	$48M	-20.5%
Operating Income	-$23M	-$36M	+37.6%
Net Income	$8M	-$37M	+120.4%