Grove Collaborative Holdings, Inc.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2023 | 52.1% | -19.1% | -18.3% |
| Jun 2023 | 51.9% | -14.5% | -16.4% |
| Sep 2023 | 53.8% | -6.6% | -15.9% |
| Mar 2024 | 55.5% | -1.0% | -6.3% |
| Jun 2024 | 53.9% | -13.3% | -19.3% |
| Sep 2024 | 53.0% | -14.0% | -2.8% |
| Mar 2025 | 53.0% | -8.1% | -8.1% |
| Jun 2025 | 55.4% | -7.9% | -8.2% |
| Sep 2025 | 53.3% | -6.2% | -6.8% |
| Mar 2026 | 54.8% | -2.5% | -2.8% |
| Jun 2026 | 53.6% | -2.1% | -2.5% |
When you combine ignorance and leverage, you get some pretty interesting results.