Grove Collaborative Holdings, Inc. (GROVW) Financial Statements (2026 and earlier)

Company Profile

Business Address 1301 SANSOME STREET
SAN FRANCISCO, CA 94111
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5961 - Catalog and Mail-Order Houses (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,49019,62786,41181,084507
Cash and cash equivalent8,49019,62786,41181,084507
Restricted cash and investments2,3003,6755,65011,950 
Receivables3,111    
Inventory, net of allowances, customer advances and progress billings18,42119,35128,77644,132 
Inventory18,42119,35128,77644,132 
Prepaid expense1,582   629
Other current assets799    
Other undisclosed current assets  2,2883,3594,844 
Total current assets:34,70344,941124,196142,0101,136
Noncurrent Assets
Operating lease, right-of-use asset9,53512,5329,61212,362 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3,6533,67711,62514,530 
Intangible asset, including goodwill, after accumulated amortization2,302    
Intangible asset, excluding goodwill, after accumulated amortization2,302    
Prepaid expense     141
Asset, held-in-trust     402,531
Restricted cash and investments1,0021,0022,8022,951 
Other noncurrent assets1,8992,8582,5072,192 
Total noncurrent assets:18,39120,06926,54632,035402,672
TOTAL ASSETS:53,09465,010150,742174,045403,808
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18,30418,34624,09442,0662,419
Accounts payable8,8286,8008,07410,712 
Accrued liabilities9,47611,54616,02031,3542,419
Deferred revenue5,0336,3407,15410,878 
Debt 800  5751,000
Other liabilities665742306249 
Due to related parties✕✕✕✕ 2
Other undisclosed current liabilities2,8951,6363,4893,705 
Total current liabilities:27,69727,06435,04357,4733,421
Noncurrent Liabilities
Long-term debt and lease obligation6,7007,50071,66260,620 
Long-term debt, excluding current maturities6,7007,50071,66260,620 
Liabilities, other than long-term debt10,92414,22325,91529,41927,428
Deferred compensation liability, classified     14,088
Operating lease, liability10,05312,94914,40416,192 
Derivative instruments and hedges, liabilities8711,27411,51113,22713,340
Total noncurrent liabilities:17,62421,72397,57790,03927,428
Total liabilities:45,32148,787132,620147,51230,849
Temporary equity, including noncontrolling interest24,77224,77210,000 402,500
Equity
Equity, attributable to parent, including:(16,999)(8,549)8,12226,533(29,540)
Common stock44418 
Additional paid in capital643,226639,960629,208604,373 
Accumulated deficit(660,229)(648,513)(621,090)(577,858)(29,541)
Other undisclosed equity, attributable to parent     1
Total equity:(16,999)(8,549)8,12226,533(29,540)
TOTAL LIABILITIES AND EQUITY:53,09465,010150,742174,045403,808

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues173,716203,425259,278321,527 
Cost of revenue
(Cost of Product and Service Sold)		(80,443)(94,077)(121,919)(166,875) 
Gross profit:93,273109,348137,359154,652 
Operating expenses(94,880)(121,630)(151,330)(229,366) 
Other undisclosed operating loss(9,710)(10,265)(21,292)(66,269)(3,573)
Operating loss:(11,317)(22,547)(35,263)(140,983)(3,573)
Nonoperating income (expense)(366)(4,836)(7,931)53,3226,271
Investment income, nonoperating4049,888216 31
Other nonoperating income (expense)4553,0577,930(3,862) 
Interest and debt expense(1,225)(5,004)(16,077)(4,663) 
Income (loss) from continuing operations before equity method investments, income taxes:(12,908)(32,387)(59,271)(92,324)2,698
Other undisclosed income from continuing operations before income taxes1,2255,00416,0774,663 
Income (loss) from continuing operations before income taxes:(11,683)(27,383)(43,194)(87,661)2,698
Income tax expense(33)(40)(38)(54) 
Income (loss) from continuing operations:(11,716)(27,423)(43,232)(87,715)2,698
Income before gain (loss) on sale of properties:✕✕✕✕✕2,698
Net income (loss) attributable to parent:(11,716)(27,423)(43,232)(87,715)2,698
Preferred stock dividends and other adjustments(1,500)(849)(1,190)  
Net income (loss) available to common stockholders, diluted:(13,216)(28,272)(44,422)(87,715)2,698

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):(11,716)(27,423)(43,232)(87,715)2,698
Comprehensive income (loss), net of tax, attributable to parent:(11,716)(27,423)(43,232)(87,715)2,698

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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