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Grove Collaborative Holdings GROV Business Segments — Gross Profit

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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 us-gaap:GrossProfit.

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 business segments — gross profit?
Grove Collaborative Holdings (GROV) reported business segments — gross profit of $19.86M in Q1 2026.
How has Grove Collaborative Holdings's business segments — gross profit changed year-over-year?
Grove Collaborative Holdings's business segments — gross profit decreased by 13.9% year-over-year, from $23.06M to $19.86M.
What is the long-term trend for Grove Collaborative Holdings's business segments — gross profit?
Over 2 years (2023 to 2025), Grove Collaborative Holdings's business segments — gross profit has grown at a -17.6% compound annual growth rate (CAGR), from $137.36M to $93.27M.
What does business segments — gross profit mean?
Calculated as net revenue minus the cost of goods sold for the reportable segment. It measures the fundamental profitability of the segment's core operations before considering operating expenses. This metric is a key indicator of pricing power and production cost control.