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Grove Collaborative Holdings GROV Fulfillment Labor — Total fulfillment costs

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Other financials

Income statement

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Revenue$36.2M-16.8%
Gross profit$19.9M-13.9%
Operating income-$901.0K+74.3%
Net income-$1.0M+71.6%
EPS (diluted)-$0.03+70.0%

Balance sheet

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Cash & equivalents$10.4M-22.8%
Total debt$19.8M-9.2%
Total equity-$17.4M-49.4%
Total assets$51.1M-14.7%

Cash flow

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Operating cash flow-$683.0K+90.1%
CapEx$294.0K-45.7%
Free cash flow-$977.0K+86.8%

Valuation

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Market cap$52.54M+13.5%
Enterprise value$61.88M+14.6%
P/S0.3×+0.1×

Profitability

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Gross margin54.1%+1.0pp
Operating margin-5.2%-2.0pp
Net margin-5.5%-2.1pp
FCF margin-1.3%

Returns & leverage

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Return on equity-311%+140pp
Debt / equity30.9×+24.5×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by Grove Collaborative Holdings in its filing.

Tagged under the XBRL concept grov:FulfillmentCosts.

The official record: Grove Collaborative Holdings’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grove Collaborative Holdings's fulfillment labor — total fulfillment costs?
Grove Collaborative Holdings (GROV) reported fulfillment labor — total fulfillment costs of $1.87M in Q1 2026.
How has Grove Collaborative Holdings's fulfillment labor — total fulfillment costs changed year-over-year?
Grove Collaborative Holdings's fulfillment labor — total fulfillment costs decreased by 22.8% year-over-year, from $2.42M to $1.87M.
What is the long-term trend for Grove Collaborative Holdings's fulfillment labor — total fulfillment costs?
Over 4 years (2021 to 2025), Grove Collaborative Holdings's fulfillment labor — total fulfillment costs has grown at a -22.6% compound annual growth rate (CAGR), from $24.5M to $8.77M.
What does fulfillment labor — total fulfillment costs mean?
This metric represents the aggregate direct and indirect expenses incurred to support fulfillment operations within the specified business segment. It encompasses labor-related costs, operational overhead, and logistics expenditures required to process and deliver services or products to customers. Monitoring this figure helps assess the operational efficiency and cost-to-serve dynamics of the fulfillment function over time.