GROV Q3 2024 Earnings — Grove Collaborative Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GROVGrove Collaborative Holdings, Inc.

$54M

Q3 2024 Earnings

Consumer Defensive Household & Personal Products

Income Statement

Revenue

$48M-21.8% YoY

Gross Profit

$26M53.0% margin

Operating Income

-$7M-14.0% margin

Net Income

-$1M-2.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-7.3%

Cash Flow

Operating Cash Flow

$750,000

Free Cash Flow

$264,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$105M

Total Liabilities

$79M

Stockholders' Equity

$26M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$62M	-21.8%
Gross Profit	$26M	$33M	-23.0%
Operating Income	-$7M	-$4M	-64.3%
Net Income	-$1M	-$10M	+86.4%