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

WESTAMERICA BANCORPORATION is the larger business by last-quarter revenue ($63.3M vs $42.4M, roughly 1.5× Grove Collaborative Holdings, Inc.). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs -3.7%, a 47.7% gap on every dollar of revenue. On growth, WESTAMERICA BANCORPORATION posted the faster year-over-year revenue change (-9.0% vs -14.3%). WESTAMERICA BANCORPORATION produced more free cash flow last quarter ($119.7M vs $-62.0K). Over the past eight quarters, WESTAMERICA BANCORPORATION's revenue compounded faster (-8.6% CAGR vs -11.0%).

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.

Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.

GROV vs WABC — Head-to-Head

Bigger by revenue
WABC
WABC
1.5× larger
WABC
$63.3M
$42.4M
GROV
Growing faster (revenue YoY)
WABC
WABC
+5.3% gap
WABC
-9.0%
-14.3%
GROV
Higher net margin
WABC
WABC
47.7% more per $
WABC
43.9%
-3.7%
GROV
More free cash flow
WABC
WABC
$119.7M more FCF
WABC
$119.7M
$-62.0K
GROV
Faster 2-yr revenue CAGR
WABC
WABC
Annualised
WABC
-8.6%
-11.0%
GROV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GROV
GROV
WABC
WABC
Revenue
$42.4M
$63.3M
Net Profit
$-1.6M
$27.8M
Gross Margin
53.0%
Operating Margin
-3.7%
59.8%
Net Margin
-3.7%
43.9%
Revenue YoY
-14.3%
-9.0%
Net Profit YoY
87.5%
-12.3%
EPS (diluted)
$-0.06
$1.12

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
GROV
GROV
WABC
WABC
Q4 25
$42.4M
$63.3M
Q3 25
$43.7M
$63.7M
Q2 25
$44.0M
$64.6M
Q1 25
$43.5M
$66.4M
Q4 24
$49.5M
$69.6M
Q3 24
$48.3M
$74.1M
Q2 24
$52.1M
$74.3M
Q1 24
$53.5M
$75.8M
Net Profit
GROV
GROV
WABC
WABC
Q4 25
$-1.6M
$27.8M
Q3 25
$-3.0M
$28.3M
Q2 25
$-3.6M
$29.1M
Q1 25
$-3.5M
$31.0M
Q4 24
$-12.6M
$31.7M
Q3 24
$-1.3M
$35.1M
Q2 24
$-10.1M
$35.5M
Q1 24
$-3.4M
$36.4M
Gross Margin
GROV
GROV
WABC
WABC
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
GROV
GROV
WABC
WABC
Q4 25
-3.7%
59.8%
Q3 25
-6.2%
59.5%
Q2 25
-7.9%
60.5%
Q1 25
-8.1%
63.0%
Q4 24
-16.8%
62.8%
Q3 24
-14.0%
64.5%
Q2 24
-13.3%
64.8%
Q1 24
-1.0%
65.2%
Net Margin
GROV
GROV
WABC
WABC
Q4 25
-3.7%
43.9%
Q3 25
-6.8%
44.3%
Q2 25
-8.2%
45.0%
Q1 25
-8.1%
46.7%
Q4 24
-25.5%
45.6%
Q3 24
-2.8%
47.3%
Q2 24
-19.3%
47.8%
Q1 24
-6.3%
48.0%
EPS (diluted)
GROV
GROV
WABC
WABC
Q4 25
$-0.06
$1.12
Q3 25
$-0.08
$1.12
Q2 25
$-0.10
$1.12
Q1 25
$-0.10
$1.16
Q4 24
$-0.34
$1.19
Q3 24
$-0.04
$1.31
Q2 24
$-0.28
$1.33
Q1 24
$-0.10
$1.37

Balance Sheet & Financial Strength

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

Metric
GROV
GROV
WABC
WABC
Cash + ST InvestmentsLiquidity on hand
$8.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-17.0M
$933.5M
Total Assets
$53.1M
$6.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GROV
GROV
WABC
WABC
Q4 25
$8.5M
Q3 25
$8.9M
Q2 25
$10.0M
Q1 25
$9.6M
Q4 24
$19.6M
Q3 24
$50.8M
Q2 24
$78.8M
Q1 24
$77.8M
Total Debt
GROV
GROV
WABC
WABC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$32.2M
Q2 24
Q1 24
Stockholders' Equity
GROV
GROV
WABC
WABC
Q4 25
$-17.0M
$933.5M
Q3 25
$-16.1M
$931.6M
Q2 25
$-14.0M
$921.8M
Q1 25
$-11.6M
$923.1M
Q4 24
$-8.5M
$890.0M
Q3 24
$1.5M
$909.0M
Q2 24
$686.0K
$815.6M
Q1 24
$7.5M
$791.7M
Total Assets
GROV
GROV
WABC
WABC
Q4 25
$53.1M
$6.0B
Q3 25
$54.6M
$5.9B
Q2 25
$57.8M
$5.8B
Q1 25
$59.8M
$6.0B
Q4 24
$65.0M
$6.1B
Q3 24
$105.2M
$6.2B
Q2 24
$131.8M
$6.3B
Q1 24
$137.9M
$6.5B
Debt / Equity
GROV
GROV
WABC
WABC
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
GROV
GROV
WABC
WABC
Operating Cash FlowLast quarter
$-29.0K
$121.9M
Free Cash FlowOCF − Capex
$-62.0K
$119.7M
FCF MarginFCF / Revenue
-0.1%
189.0%
Capex IntensityCapex / Revenue
0.1%
3.5%
Cash ConversionOCF / Net Profit
4.38×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$213.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GROV
GROV
WABC
WABC
Q4 25
$-29.0K
$121.9M
Q3 25
$-1.0M
$29.4M
Q2 25
$987.0K
$23.5M
Q1 25
$-6.9M
$42.4M
Q4 24
$270.0K
$141.6M
Q3 24
$750.0K
$40.6M
Q2 24
$1.6M
$19.0M
Q1 24
$-12.4M
$52.2M
Free Cash Flow
GROV
GROV
WABC
WABC
Q4 25
$-62.0K
$119.7M
Q3 25
$-1.2M
$28.7M
Q2 25
$556.0K
$22.8M
Q1 25
$-7.4M
$42.2M
Q4 24
$-95.0K
$139.8M
Q3 24
$264.0K
$40.1M
Q2 24
$1.2M
$18.6M
Q1 24
$-12.9M
$52.1M
FCF Margin
GROV
GROV
WABC
WABC
Q4 25
-0.1%
189.0%
Q3 25
-2.7%
45.1%
Q2 25
1.3%
35.3%
Q1 25
-17.0%
63.5%
Q4 24
-0.2%
201.0%
Q3 24
0.5%
54.1%
Q2 24
2.3%
25.0%
Q1 24
-24.1%
68.7%
Capex Intensity
GROV
GROV
WABC
WABC
Q4 25
0.1%
3.5%
Q3 25
0.4%
1.1%
Q2 25
1.0%
1.1%
Q1 25
1.2%
0.3%
Q4 24
0.7%
2.5%
Q3 24
1.0%
0.7%
Q2 24
0.7%
0.6%
Q1 24
1.0%
0.2%
Cash Conversion
GROV
GROV
WABC
WABC
Q4 25
4.38×
Q3 25
1.04×
Q2 25
0.81×
Q1 25
1.37×
Q4 24
4.47×
Q3 24
1.16×
Q2 24
0.54×
Q1 24
1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GROV
GROV

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

WABC
WABC

Segment breakdown not available.

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