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Grove Collaborative Holdings, Inc. (GROV)

For the quarter ending 2025-06-30, GROV made $44,026K in revenue. -$4,001K in net income. Net profit margin of -9.09%.

Overview

Revenue
$44,026K
Net Income
-$4,001K
Net Profit Margin
-9.09%
EPS
-$0.1
Unit: Thousand (K) dollars
Revenue Breakdown
    • Third Party Products
    • Grove Brands

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue, net44,026 43,547 48,280 52,099
Cost of goods sold19,631 20,483 22,678 24,036
Gross profit24,395 23,064 25,602 28,063
Advertising2,722 2,807 2,820 2,439
Product development2,207 1,779 4,802 5,436
Selling, general and administrative22,956 21,986 24,726 27,124
Operating loss-3,490 -3,508 -6,746 -6,936
Other income, net109 172 550 994
Interest expense305 346 2,942 4,117
Changes in fair value of derivative liabilities70 144 7,813 8
Total non-operating expenses (income), net-126 -30 5,421 -3,115
Loss before provision for income taxes-3,616 -3,538 -1,325 -10,051
Provision for income taxes10 9 11 10
Net loss-3,626 -3,547 -1,336 -10,061
Less accumulated dividends on redeemable convertible preferred stock375 375 174 150
Net loss attributable to common stockholders, basic-4,001 -3,922 -1,510 -10,211
Net loss per share attributable to common stockholders, basic (in dollars per share)-0.1 -0.1 -0.04 -0.28
Net loss per share attributable to common stockholders, diluted (in dollars per share)-0.1 -0.1 -0.04 -0.28
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)38,813,480 38,209,966 37,343,930 36,768,249
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)38,813,480 38,209,966 37,343,930 36,768,249
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net lossattributable to common...-$4,001K (60.82%↑ Y/Y)Net loss-$3,626K (63.96%↑ Y/Y)Less accumulateddividends on redeemable...$375K (150.00%↑ Y/Y)Grove Brands$17,825K Third Party Products$26,201K Loss beforeprovision for income taxes-$3,616K (64.02%↑ Y/Y)Provision for income taxes$10K (0.00%↑ Y/Y)Revenue, net$44,026K (-15.50%↓ Y/Y)Total non-operatingexpenses (income), net-$126K (95.96%↑ Y/Y)Operating loss-$3,490K (49.68%↑ Y/Y)Changes in fair value ofderivative liabilities$70K (775.00%↑ Y/Y)Other income, net$109K (-89.03%↓ Y/Y)Gross profit$24,395K (-13.07%↓ Y/Y)Cost of goods sold$19,631K (-18.33%↓ Y/Y)Interest expense$305K (-92.59%↓ Y/Y)Advertising$2,722K (11.60%↑ Y/Y)Product development$2,207K (-59.40%↓ Y/Y)Selling, general andadministrative$22,956K (-15.37%↓ Y/Y)