Grove Collaborative Holdings, Inc. (GROV) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	158.9M	173.7M	203.4M	259.3M	321.5M
Cost of Revenue	73.7M	80.4M	94.1M	121.9M	166.9M
Gross Profit	85.2M	93.3M	109.3M	137.4M	154.7M
Operating Expenses
R&D Expense	6.9M	7.5M	18.5M	16.4M	22.5M
SG&A Expense	83.2M	97.1M	103.2M	156.2M	273.1M
General & Admin Expense	76.8M	87.4M	92.9M	134.9M	206.9M
Selling & Marketing Expense	6.4M	9.7M	10.3M	21.3M	66.3M
Other Expenses	1.2M	(3.2M)	—	—	—
Total Operating Expenses	91.3M	101.4M	121.6M	172.6M	295.6M
Cost and Expenses	165.0M	181.8M	215.7M	294.5M	462.5M
Operating Income (EBIT)	(6.1M)	(8.1M)	(12.3M)	(35.3M)	(141.0M)
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	996.0K	1.2M	12.8M	16.1M	9.7M
Net Interest Income	(996.0K)	(1.2M)	(12.8M)	(16.1M)	(9.7M)
Other Non-Op Income/Expense	(366.0K)	(3.6M)	(15.1M)	(7.9M)	53.3M
Non-Operating Income (excl Interest)	(630.0K)	2.3M	2.3M	(8.1M)	(63.0M)
EBT (Pre-Tax Income)	(6.5M)	(11.7M)	(27.4M)	(43.2M)	(87.7M)
Income Tax Expense	22.0K	33.0K	40.0K	38.0K	54.0K
Bottom Line
Net Income	(6.5M)	(11.7M)	(27.4M)	(43.2M)	(87.7M)
Earnings from Cont. Ops	(6.5M)	(11.7M)	(27.4M)	(43.2M)	(87.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(8.0M)	(11.7M)	(28.3M)	(44.4M)	(87.7M)
Per Share
Basic EPS	($0.19)	($0.34)	($0.76)	($1.28)	($4.85)
Diluted EPS	($0.19)	($0.34)	($0.76)	($1.28)	($4.85)
Revenue Per Share	$3.92	$4.45	$5.49	$7.45	$9.72
Shares
Basic Shares Outstanding	40.6M	39.0M	37.0M	34.8M	33.1M
Diluted Shares Outstanding	40.6M	39.0M	37.0M	34.8M	33.1M
Profitability Metrics
EBITDA	(3.5M)	(8.8M)	(4.8M)	(21.3M)	(72.3M)
D&A	2.0M	1.7M	9.8M	5.8M	5.7M
EBIT	(5.5M)	(10.5M)	(14.6M)	(27.1M)	(78.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026