GROV Q3 2023 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q3 2023 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$62M-20.6% YoY

Gross Profit

$33M53.8% margin

Operating Income

-$4M-6.6% margin

Net Income

-$10M-15.9% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$161M

Total Liabilities

$137M

Stockholders' Equity

$24M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$78M	-20.6%
Gross Profit	$33M	$38M	-12.9%
Operating Income	-$4M	-$23M	+81.8%
Net Income	-$10M	$8M	-228.0%