Grove Collaborative Holdings, Inc.GROVEarnings & Financial Report
Grove Collaborative is a benefit corporation headquartered in San Francisco, with an additional office in Portland, Maine. The company makes and sells its own environmentally friendly home and personal care products under its Grove Co. brand, as well as products from other companies.
GROV Q4 FY2025 Key Financial Metrics
Revenue
$42.4M
Gross Profit
$22.5M
Operating Profit
$-1.6M
Net Profit
$-1.6M
Gross Margin
53.0%
Operating Margin
-3.7%
Net Margin
-3.7%
YoY Growth
-14.3%
EPS
$-0.06
Grove Collaborative Holdings, Inc. Q4 FY2025 Financial Summary
Grove Collaborative Holdings, Inc. reported revenue of $42.4M (down 14.3% YoY) for Q4 FY2025, with a net profit of $-1.6M (up 87.5% YoY) (-3.7% margin). Cost of goods sold was $19.9M, operating expenses totaled $24.1M.
Key Financial Metrics
| Total Revenue | $42.4M |
|---|---|
| Net Profit | $-1.6M |
| Gross Margin | 53.0% |
| Operating Margin | -3.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Grove Collaborative Holdings, Inc. Q4 FY2025 revenue of $42.4M breaks down across 2 segments, led by Third Party Products at $23.4M (55.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Third Party Products | $23.4M | 55.2% |
| Grove Brands | $19.0M | 44.8% |
Grove Collaborative Holdings, Inc. Revenue by Segment — Quarterly Trend
Grove Collaborative Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Third Party Products and Grove Brands) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Third Party Products | $23.4M | $26.2M | $26.2M | $25.9M |
| Grove Brands | $19.0M | $17.5M | $17.8M | $17.6M |
Grove Collaborative Holdings, Inc. Annual Revenue by Year
Grove Collaborative Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $173.7M).
Grove Collaborative Holdings, Inc. Quarterly Revenue & Net Profit History
Grove Collaborative Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $42.4M | -14.3% | $-1.6M | -3.7% |
| Q3 FY2025 | $43.7M | -9.4% | $-3.0M | -6.8% |
| Q2 FY2025 | $44.0M | -15.5% | $-3.6M | -8.2% |
| Q1 FY2025 | $43.5M | -18.7% | $-3.5M | -8.1% |
| Q4 FY2024 | $49.5M | -17.3% | $-12.6M | -25.5% |
| Q3 FY2024 | $48.3M | -21.8% | $-1.3M | -2.8% |
| Q2 FY2024 | $52.1M | -21.2% | $-10.1M | -19.3% |
| Q1 FY2024 | $53.5M | -25.2% | $-3.4M | -6.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.5M | $52.1M | $48.3M | $49.5M | $43.5M | $44.0M | $43.7M | $42.4M |
| YoY Growth | -25.2% | -21.2% | -21.8% | -17.3% | -18.7% | -15.5% | -9.4% | -14.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $137.9M | $131.8M | $105.2M | $65.0M | $59.8M | $57.8M | $54.6M | $53.1M |
| Liabilities | $120.3M | $121.1M | $78.8M | $48.8M | $46.7M | $47.1M | $46.0M | $45.3M |
| Equity | $7.5M | $686000 | $1.5M | $-8.5M | $-11.6M | $-14.0M | $-16.1M | $-17.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.4M | $1.6M | $750000 | $270000 | $-6.9M | $987000 | $-1.0M | $-29000 |