Grove Collaborative Holdings, Inc. (GROV) Financial Statements
Industry: Catalog & Mail-Order Houses (Retail)
In fiscal 2025, Grove Collaborative reported revenue of $173.7M, down 14.6% from $203.4M the year before. Net income was -$11.7M (a -6.7% net margin), or -$0.34 per diluted share. Gross margin was 53.7% and operating margin was -6.5%. Operating activities generated -$7.0M of cash, leaving -$8.1M of free cash flow. At fiscal year end, Grove Collaborative held $53.1M in total assets against $45.3M in total liabilities, including $8.5M of cash and equivalents.
Open the full interactive Grove Collaborative financials → Quarterly statements, key ratios, valuation history and price charts.
Grove Collaborative Key Stats
| Share Price | $1.01 |
|---|---|
| Market Cap | $41.0M |
| Revenue YoY Growth | -14.6% |
| 52-Week Range | $0.92 – $1.56 |
| Shares Outstanding | 40.6 million (basic, 2026 Q2) |
Grove Collaborative Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $321.5M | $259.3M | $203.4M | $173.7M |
| Cost of Goods Sold | $0 | $166.9M | $121.9M | $94.1M | $80.4M |
| Gross Profit | $0 | $154.7M | $137.4M | $109.3M | $93.3M |
| Operating Income | -$3.6M | -$141.0M | -$35.3M | -$22.5M | -$11.3M |
| Pre-Tax Income | $2.7M | -$87.7M | -$43.2M | -$27.4M | -$11.7M |
| Income Tax | — | $54,000 | $38,000 | $40,000 | $33,000 |
| Net Income | $2.7M | -$87.7M | -$43.2M | -$27.4M | -$11.7M |
| Diluted EPS | $0.41 | -$4.85 | -$1.28 | -$0.76 | -$0.34 |
Grove Collaborative Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $43.7M | $42.4M | $36.2M | $36.6M |
| Net Income | -$3.0M | -$1.6M | -$1.0M | -$920,000 |
| Diluted EPS | -$0.08 | -$0.04 | -$0.03 | -$0.03 |
Grove Collaborative Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $507,233 | $81.1M | $86.4M | $19.6M | $8.5M |
| Current Assets | $1.1M | $142.0M | $124.2M | $44.9M | $34.7M |
| Total Assets | $403.8M | $174.0M | $150.7M | $65.0M | $53.1M |
| Current Liabilities | $3.4M | $57.5M | $35.0M | $27.1M | $27.7M |
| Total Long-Term Debt | — | $61.2M | $71.7M | $7.5M | $6.7M |
| Total Liabilities | $30.8M | $147.5M | $132.6M | $48.8M | $45.3M |
| Shareholders' Equity | -$29.5M | $26.5M | $8.1M | -$8.5M | -$17.0M |
Grove Collaborative Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$1.9M | -$96.3M | -$8.0M | -$9.7M | -$7.0M |
| Cash From Investing | -$402.5M | -$4.2M | -$3.0M | -$1.6M | -$4.0M |
| Cash From Financing | $404.9M | $118.1M | $9.9M | -$59.2M | -$1.6M |
| Free Cash Flow | — | -$100.5M | -$11.0M | -$11.5M | -$8.1M |
Figures from Grove Collaborative's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Grove Collaborative financials page for every line item.
Grove Collaborative Company Profile
| Ticker | GROV |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Catalog & Mail-Order Houses (Retail) |
| Headquarters | San Francisco, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001841761 |
Frequently Asked Questions
What was Grove Collaborative's revenue in fiscal 2025?
Grove Collaborative (GROV) reported revenue of $173.7M for fiscal 2025.
What is Grove Collaborative's annual revenue history?
Grove Collaborative's annual revenue by fiscal year: 2021: $0; 2022: $321.5M; 2023: $259.3M; 2024: $203.4M; 2025: $173.7M.
What was Grove Collaborative's net income in fiscal 2025?
Grove Collaborative reported net income of -$11.7M for fiscal 2025.
What was Grove Collaborative's earnings per share (EPS) in fiscal 2025?
Grove Collaborative's diluted EPS was -$0.34 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Grove Collaborative generate in fiscal 2025?
Grove Collaborative generated -$8.1M of free cash flow in fiscal 2025.
What was Grove Collaborative's revenue last quarter?
In its most recent reported quarter (2026 Q2), Grove Collaborative reported revenue of $36.6M.
How much debt does Grove Collaborative have?
Grove Collaborative reported $6.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Grove Collaborative are outstanding?
Grove Collaborative reported a weighted average of 40.6 million basic shares outstanding in 2026 Q2.
What is Grove Collaborative's market cap?
Based on its latest closing price, Grove Collaborative (GROV) has a market capitalization of about $41.0M.
When does Grove Collaborative's fiscal year end?
Grove Collaborative's fiscal year end, as registered with the SEC, is December 31.
Where is Grove Collaborative headquartered?
Grove Collaborative lists its business address in San Francisco, California in its SEC filings.