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Side-by-side financial comparison of Ginkgo Bioworks Holdings, Inc. (DNA) and Grove Collaborative Holdings, Inc. (GROV). Click either name above to swap in a different company.

Grove Collaborative Holdings, Inc. is the larger business by last-quarter revenue ($42.4M vs $33.4M, roughly 1.3× Ginkgo Bioworks Holdings, Inc.). On growth, Grove Collaborative Holdings, Inc. posted the faster year-over-year revenue change (-14.3% vs -23.8%). Grove Collaborative Holdings, Inc. produced more free cash flow last quarter ($-62.0K vs $-47.7M). Over the past eight quarters, Ginkgo Bioworks Holdings, Inc.'s revenue compounded faster (-6.2% CAGR vs -11.0%).

Ginkgo Bioworks Holdings, Inc. is an American biotech company founded in 2008 by five scientists from MIT, headed by Jason Kelly. The company specializes in using genetic engineering to produce bacteria with industrial applications for other biotech companies, saving other companies the cost of reproducing the initial stages of design in synthetic biology. The self-proclaimed "Organism Company" was one of the world's largest privately held biotech companies, valued at $4.2 billion in 2019. It...

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.

DNA vs GROV — Head-to-Head

Bigger by revenue
GROV
GROV
1.3× larger
GROV
$42.4M
$33.4M
DNA
Growing faster (revenue YoY)
GROV
GROV
+9.5% gap
GROV
-14.3%
-23.8%
DNA
More free cash flow
GROV
GROV
$47.6M more FCF
GROV
$-62.0K
$-47.7M
DNA
Faster 2-yr revenue CAGR
DNA
DNA
Annualised
DNA
-6.2%
-11.0%
GROV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNA
DNA
GROV
GROV
Revenue
$33.4M
$42.4M
Net Profit
$-1.6M
Gross Margin
53.0%
Operating Margin
-211.9%
-3.7%
Net Margin
-3.7%
Revenue YoY
-23.8%
-14.3%
Net Profit YoY
87.5%
EPS (diluted)
$-1.41
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DNA
DNA
GROV
GROV
Q4 25
$33.4M
$42.4M
Q3 25
$38.8M
$43.7M
Q2 25
$49.6M
$44.0M
Q1 25
$48.3M
$43.5M
Q4 24
$43.8M
$49.5M
Q3 24
$89.0M
$48.3M
Q2 24
$56.2M
$52.1M
Q1 24
$37.9M
$53.5M
Net Profit
DNA
DNA
GROV
GROV
Q4 25
$-1.6M
Q3 25
$-80.8M
$-3.0M
Q2 25
$-60.3M
$-3.6M
Q1 25
$-91.0M
$-3.5M
Q4 24
$-12.6M
Q3 24
$-56.4M
$-1.3M
Q2 24
$-217.2M
$-10.1M
Q1 24
$-165.9M
$-3.4M
Gross Margin
DNA
DNA
GROV
GROV
Q4 25
53.0%
Q3 25
53.3%
Q2 25
55.4%
Q1 25
53.0%
Q4 24
52.4%
Q3 24
53.0%
Q2 24
53.9%
Q1 24
55.5%
Operating Margin
DNA
DNA
GROV
GROV
Q4 25
-211.9%
-3.7%
Q3 25
-231.8%
-6.2%
Q2 25
-132.1%
-7.9%
Q1 25
-184.1%
-8.1%
Q4 24
-236.3%
-16.8%
Q3 24
-62.0%
-14.0%
Q2 24
-396.7%
-13.3%
Q1 24
-469.1%
-1.0%
Net Margin
DNA
DNA
GROV
GROV
Q4 25
-3.7%
Q3 25
-207.9%
-6.8%
Q2 25
-121.6%
-8.2%
Q1 25
-188.2%
-8.1%
Q4 24
-25.5%
Q3 24
-63.3%
-2.8%
Q2 24
-386.4%
-19.3%
Q1 24
-437.3%
-6.3%
EPS (diluted)
DNA
DNA
GROV
GROV
Q4 25
$-1.41
$-0.06
Q3 25
$-1.45
$-0.08
Q2 25
$-1.10
$-0.10
Q1 25
$-1.68
$-0.10
Q4 24
$-1.91
$-0.34
Q3 24
$-1.08
$-0.04
Q2 24
$-4.23
$-0.28
Q1 24
$-3.32
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DNA
DNA
GROV
GROV
Cash + ST InvestmentsLiquidity on hand
$422.6M
$8.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$508.6M
$-17.0M
Total Assets
$1.1B
$53.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNA
DNA
GROV
GROV
Q4 25
$422.6M
$8.5M
Q3 25
$495.5M
$8.9M
Q2 25
$559.4M
$10.0M
Q1 25
$325.3M
$9.6M
Q4 24
$561.6M
$19.6M
Q3 24
$616.2M
$50.8M
Q2 24
$730.4M
$78.8M
Q1 24
$840.4M
$77.8M
Total Debt
DNA
DNA
GROV
GROV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$32.2M
Q2 24
Q1 24
Stockholders' Equity
DNA
DNA
GROV
GROV
Q4 25
$508.6M
$-17.0M
Q3 25
$559.8M
$-16.1M
Q2 25
$613.0M
$-14.0M
Q1 25
$647.4M
$-11.6M
Q4 24
$716.1M
$-8.5M
Q3 24
$797.9M
$1.5M
Q2 24
$833.1M
$686.0K
Q1 24
$987.3M
$7.5M
Total Assets
DNA
DNA
GROV
GROV
Q4 25
$1.1B
$53.1M
Q3 25
$1.2B
$54.6M
Q2 25
$1.2B
$57.8M
Q1 25
$1.3B
$59.8M
Q4 24
$1.4B
$65.0M
Q3 24
$1.5B
$105.2M
Q2 24
$1.6B
$131.8M
Q1 24
$1.6B
$137.9M
Debt / Equity
DNA
DNA
GROV
GROV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
21.16×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DNA
DNA
GROV
GROV
Operating Cash FlowLast quarter
$-47.7M
$-29.0K
Free Cash FlowOCF − Capex
$-47.7M
$-62.0K
FCF MarginFCF / Revenue
-142.8%
-0.1%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNA
DNA
GROV
GROV
Q4 25
$-47.7M
$-29.0K
Q3 25
$-31.6M
$-1.0M
Q2 25
$-40.3M
$987.0K
Q1 25
$-51.5M
$-6.9M
Q4 24
$-42.4M
$270.0K
Q3 24
$-103.5M
$750.0K
Q2 24
$-84.4M
$1.6M
Q1 24
$-89.3M
$-12.4M
Free Cash Flow
DNA
DNA
GROV
GROV
Q4 25
$-47.7M
$-62.0K
Q3 25
$-1.2M
Q2 25
$-40.3M
$556.0K
Q1 25
$-59.1M
$-7.4M
Q4 24
$-56.1M
$-95.0K
Q3 24
$-118.6M
$264.0K
Q2 24
$-111.4M
$1.2M
Q1 24
$-96.0M
$-12.9M
FCF Margin
DNA
DNA
GROV
GROV
Q4 25
-142.8%
-0.1%
Q3 25
-2.7%
Q2 25
-81.2%
1.3%
Q1 25
-122.4%
-17.0%
Q4 24
-128.0%
-0.2%
Q3 24
-133.2%
0.5%
Q2 24
-198.2%
2.3%
Q1 24
-252.9%
-24.1%
Capex Intensity
DNA
DNA
GROV
GROV
Q4 25
0.0%
0.1%
Q3 25
0.0%
0.4%
Q2 25
0.1%
1.0%
Q1 25
15.8%
1.2%
Q4 24
31.3%
0.7%
Q3 24
16.9%
1.0%
Q2 24
48.1%
0.7%
Q1 24
17.7%
1.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DNA
DNA

Cell Engineering Segment$26.0M78%
Other$7.4M22%

GROV
GROV

Third Party Products$23.4M55%
Grove Brands$19.0M45%

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