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Grove Collaborative Holdings GROV Financing agreement entered into for prepaid insurance

Financing agreement entered into for prepaid insurance at other companies

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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:FinancingAgreementEnteredIntoForPrepaidInsurance.

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 financing agreement entered into for prepaid insurance?
Grove Collaborative Holdings (GROV) reported financing agreement entered into for prepaid insurance of $59K in Q1 2026.
What does financing agreement entered into for prepaid insurance mean?
Reflects the value of insurance premiums financed through external credit arrangements rather than paid upfront in cash. This metric indicates the use of alternative financing structures to manage working capital and preserve liquidity. It provides insight into the company's strategy for managing operational risk and its reliance on credit facilities for non-core expenses.