Grove Collaborative Holdings, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.6M | $36.2M | $42.4M | $43.7M | $44.0M | $43.5M | $49.5M | $48.3M |
| Cost of Revenue | $17.0M | $16.4M | $19.9M | $20.4M | $19.6M | $20.5M | $23.6M | $22.7M |
| Gross Profit | $19.6M | $19.9M | $22.5M | $23.3M | $24.4M | $23.1M | $25.9M | $25.6M |
| Gross Margin | 53.6% | 54.8% | 53.0% | 53.3% | 55.4% | 53.0% | 52.4% | 53.0% |
| Operating Expenses | ||||||||
| Research & Development | $1.5M | $1.4M | $1.9M | $1.6M | $2.2M | $1.8M | $4.6M | $4.8M |
| SG&A Expense | $17.6M | $18.2M | $21.2M | $21.3M | $23.0M | $22.0M | $26.7M | $24.7M |
| Operating Income | $-783.0K | $-901.0K | $-1.6M | $-2.7M | $-3.5M | $-3.5M | $-8.3M | $-6.7M |
| Operating Margin | -2.1% | -2.5% | -3.7% | -6.2% | -7.9% | -8.1% | -16.8% | -14.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-912.0K | $-1.0M | $-1.6M | $-3.0M | $-3.6M | $-3.5M | $-12.6M | $-1.3M |
| Income Tax Expense | $8.0K | $8.0K | $8.0K | $6.0K | $10.0K | $9.0K | $9.0K | $11.0K |
| Net Income | $-920.0K | $-1.0M | $-1.6M | $-3.0M | $-3.6M | $-3.5M | $-12.6M | $-1.3M |
| Net Margin | -2.5% | -2.8% | -3.7% | -6.8% | -8.2% | -8.1% | -25.5% | -2.8% |
| EPS (Basic) | $-0.03 | $-0.03 | $-0.06 | $-0.08 | $-0.10 | $-0.10 | $-0.34 | $-0.04 |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.06 | $-0.08 | $-0.10 | $-0.10 | $-0.34 | $-0.04 |
| Shares Outstanding (Basic) | 40.6M | 40.1M | 39.0M | 39.4M | 38.8M | 38.2M | 37.0M | 37.3M |
| Shares Outstanding (Diluted) | 40.6M | 40.1M | 39.0M | 39.4M | 38.8M | 38.2M | 37.0M | 37.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |