Grove Collaborative Holdings, Inc. (GROV) — Financial statements
Income statement, balance sheet, and cash flow for Grove Collaborative Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 174↓14.6% | 203↓21.5% | 259↓19.4% | 322↓16.2% | 384 | |
| Cost of Revenue | 80↓14.5% | 94↓22.8% | 122↓26.9% | 167↓14.5% | 195 | |
| Gross Profit | 93↓14.7% | 109↓20.4% | 137↓11.2% | 155↓18.0% | 189 | |
| Operating Expenses | ||||||
| R&D Expenses | 7↓59.4% | 18↑12.5% | 16↓27.1% | 23↓3.9% | 23 | |
| General & Administrative Expenses | 87↓5.9% | 93↓31.1% | 135↓34.8% | 207↑10.8% | 187 | |
| Selling & Marketing Expenses | 10↓5.4% | 10↓51.8% | 21↓67.9% | 66↓38.2% | 107 | |
| SG&A Expenses | 97↓5.9% | 103↓34.0% | 156↓42.8% | 273↓7.1% | 294 | |
| Other Expenses | -3 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 101↓16.6% | 122↓29.5% | 173↓41.6% | 296↓6.8% | 317 | |
| Total Costs & Expenses | 182↓15.7% | 216↓26.8% | 295↓36.3% | 463↓9.8% | 513 | |
| Operating Results | ||||||
| Operating Income | -8↑33.9% | -12↑65.2% | -35↑75.0% | -141↓9.4% | -129 | |
| Depreciation & Amortization | 2↓82.9% | 10↑68.6% | 6↑1.9% | 6↑14.5% | 5 | |
| EBITDA | -6↓34.6% | -5↑77.5% | -21↑70.5% | -72↑42.5% | -126 | |
| EBIT | -8↑44.4% | -15↑46.1% | -27↑65.2% | -78↑40.3% | -131 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1↑90.4% | -13↑20.5% | -16↓66.0% | -10↓86.2% | -5 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 1↓90.4% | 13↓20.5% | 16↑66.0% | 10↑86.2% | 5 | |
| Non-Operating Income | 0.00↓100.0% | 2↑128.5% | -8↑87.1% | -63↓3625.9% | 2 | |
| Other Income / Expenses | -4↑76.4% | -15↓90.4% | -8↓114.9% | 53↑862.9% | -7 | |
| Income Before Tax | -12↑57.3% | -27↑36.6% | -43↑50.7% | -88↑35.5% | -136 | |
| Income Tax Expense | 0.03↓17.5% | 0.04↑5.3% | 0.04↓29.6% | 0.05↑3.8% | 0.05 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -12↑57.3% | -27↑36.6% | -43↑50.7% | -88↑35.5% | -136 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -12↑57.3% | -27↑36.6% | -43↑50.7% | -88↑35.5% | -136 | |
| Bottom-Line Net Income | -12↑58.6% | -28↑36.4% | -44↑49.4% | -88↑35.5% | -136 | |
| EPS (Basic) | -0.34↑55.3% | -0.76↑40.6% | -1.28↑73.6% | -4.85↓16.3% | -4.17 | |
| EPS (Diluted) | -0.34↑55.3% | -0.76↑40.6% | -1.28↑73.6% | -4.85↓16.3% | -4.17 | |
| Weighted Average Shares | 39↑5.4% | 37↑6.4% | 35↑5.2% | 33↑93.0% | 17 | |
| Weighted Average Diluted Shares | 39↑5.4% | 37↑6.4% | 35↑5.2% | 33↑93.0% | 17 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.