secwatch.observer — SEC 8-K summary
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Issuer:     Grove Collaborative Holdings, Inc. (GROV)
CIK:        0001841761
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001628280-25-012032
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grove Q4 revenue $49.5M, sequential growth; first full-year positive EBITDA of $1.3M
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- Q4 2024 revenue $49.5M, up 2.5% QoQ but down 17.4% YoY; net loss $12.6M vs $9.5M loss YoY, includes debt extinguishment loss.
- Full-year 2024 revenue $203.4M (-21.5% YoY); Adjusted EBITDA positive $1.3M (first in history), improving $10.5M YoY.
- Completed $72M voluntary term debt repayment in Q4; cash $24.3M at Dec 31, 2024.
- Acquired Grab Green and 8Greens in Q1 2025; expects contributions to 2025 outlook.
- 2025 outlook: revenue flat to down mid-single digit YoY; Adjusted EBITDA breakeven to positive low-single digit millions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025012032/0001628280-25-012032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025012032/grov-20250311.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-012032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer