GROVNYSERetail-Catalog & Mail-Order HousesFiscal year ends December 31Also trades as GROVW
Grove Collaborative Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.99+0.01 (+1.06%)
Close on Oct 19, 2026
- Market cap
- $40.16M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
53.7%+5.4 pts over 5 years
Operating margin
-6.5%+11.7 pts over 5 years
Net margin
-6.7%+13.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -14.6% | -18.6% | -13.8% | – | |
| Gross profit | -14.7% | -15.5% | -11.9% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 23.5% | 91.7% | |
| Return on assets | – | – | -19.8% | |
| Current ratio | – | – | 1.25 | |
| Debt to equity | – | – | -0.44 | |
| Net debt to EBITDA | – | – | 0.10× | |
| Interest coverage | – | -11.9× | -9.2× | |
| Inventory turnover | – | – | 4.3× | |
| Capex to revenue | – | 1.3% | 0.7% | |
| Diluted shares | – | 1M | 39M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Grove Collaborative generated $248.05M from operations and spent $16.23M on capital expenditure, dividends and share buybacks. 98% of that went back into the business.
Generated
$248.05M
Used
$16.23M
Capital expenditure$15.90M98%Dividends$00%Share buybacks$329.00K2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.7%
×Asset turnover2.94×
×Equity multiplier-4.62×
=Return on equity, FY202591.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.7% | 2.94× | -4.62× | 91.7% |
| FY2024 | -13.5% | 1.89× | -505.27× | 12844.5% |
| FY2023 | -16.7% | 1.60× | 9.37× | -249.5% |
| FY2022 | -27.3% | 1.80× | -0.83× | 40.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$11.72M
- Cash generatingOperating cash flow above zero-$6.95M
- Return on assets improvedROA up on the prior year-18.2% → -18.0%
- Earnings backed by cashOperating cash flow above net income-$6.95M vs -$11.72M
- Less leverageLong-term debt to assets fell11.5% → 12.6%
- Better liquidityCurrent ratio rose1.66 → 1.25
- No dilutionShare count did not rise37M → 39M
- Gross margin improvedGross margin up on the prior year53.75% → 53.69%
- More efficientAsset turnover rose1.35 → 2.67