Grove Collaborative Holdings, Inc.
Income Statement
| Line Item | Jun 2025 | May 2025 | Mar 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.0M | — | $43.5M | — | $48.3M | $52.1M | $53.5M | $61.8M |
| Cost of Revenue | $19.6M | — | $20.5M | — | $22.7M | $24.0M | $23.8M | $28.5M |
| Gross Profit | $24.4M | — | $23.1M | — | $25.6M | $28.1M | $29.7M | $33.2M |
| Gross Margin | 55.4% | — | 53.0% | — | 53.0% | 53.9% | 55.5% | 53.8% |
| Operating Expenses | ||||||||
| Research & Development | $2.2M | — | $1.8M | — | $4.8M | $5.4M | $3.6M | $3.6M |
| SG&A Expense | $23.0M | — | $22.0M | — | $24.7M | $27.1M | $24.6M | $29.7M |
| Operating Income | $-3.5M | — | $-3.5M | — | $-6.7M | $-6.9M | $-533.0K | $-4.1M |
| Operating Margin | -7.9% | — | -8.1% | — | -14.0% | -13.3% | -1.0% | -6.6% |
| Interest Expense | — | — | — | — | — | — | $4.1M | $4.1M |
| Pretax Income | $-3.6M | — | $-3.5M | — | $-1.3M | $-10.1M | $-3.4M | $-9.8M |
| Income Tax Expense | $10.0K | — | $9.0K | — | $11.0K | $10.0K | $10.0K | $7.0K |
| Net Income | $-3.6M | — | $-3.5M | — | $-1.3M | $-10.1M | $-3.4M | $-9.8M |
| Net Margin | -8.2% | — | -8.1% | — | -2.8% | -19.3% | -6.3% | -15.9% |
| EPS (Basic) | $-0.10 | — | $-0.10 | — | $-0.04 | $-0.28 | $-0.10 | $-0.31 |
| EPS (Diluted) | $-0.10 | — | $-0.10 | — | $-0.04 | $-0.28 | $-0.10 | $-0.31 |
| Shares Outstanding (Basic) | 38.8M | 40.3M | 38.2M | 40.2M | 37.3M | 36.8M | 36.3M | 35.3M |
| Shares Outstanding (Diluted) | 38.8M | 40.3M | 38.2M | 40.2M | 37.3M | 36.8M | 36.3M | 35.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |
Start with the A's.