Grove Collaborative Holdings, Inc. Income Statement
GROV|4 years of annual SEC 10-K data (FY2022-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$174M
FY2025
Gross Profit
$93M
53.7% gross margin
Operating Income
-$11M
FY2025
Net Income
-$12M
FY2025
Grove Collaborative Holdings, Inc. reported $174M in revenue and $12M in net loss for FY2025. Revenue has declined at a 18.6% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -7.94 (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $173.7M | $203.4M | $259.3M | $321.5M |
| Cost of Revenue | $80.4M | $94.1M | $121.9M | $166.9M |
| Gross Profit | $93.3M | $109.3M | $137.4M | $154.7M |
| SG&A Expense | $87.4M | $103.2M | $134.9M | $206.9M |
| R&D Expense | $7.5M | $18.5M | $16.4M | $22.5M |
| Operating Income | -$11.3M | -$22.5M | -$35.3M | -$141.0M |
| Interest Expense | - | - | $16.1M | $9.7M |
| Income Tax | $33.0K | $40.0K | $38.0K | $54.0K |
| Net Income | -$11.7M | -$27.4M | -$43.2M | -$87.7M |
| EPS (Basic) | -$0.76 | -$1.28 | -$79.28 | -$13.45 |
| EPS (Diluted) | -$0.76 | -$1.28 | -$79.28 | -$13.45 |
| Shares Outstanding | 37.0M | 34.8M | 1.7M | 5.4M |
| Gross Margin | 53.7% | 53.8% | 53.0% | 48.1% |
| Operating Margin | -6.5% | -11.1% | -13.6% | -43.9% |
| Profit Margin | -6.7% | -13.5% | -16.7% | -27.3% |