---
schema_version: "secwatch.filing_event.v1"
accession: "0001841761-22-000068"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:50:56.657971+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Grove Q3 net revenue $77.7M, down 18% YoY; raises full-year guidance

## Summary
- Net revenue $77.7M, down 18% YoY and 2% sequentially.
- Gross margin 49.1%, down 130 bps YoY but flat sequentially.
- Net income margin 9.9% (includes gains on derivative remeasurement), improved from net loss margins in prior quarters.
- Adjusted EBITDA margin (12.4)%, improvement from (26.6)% in Q2 2022 and (32.8)% in Q3 2021.
- Company raises full-year guidance; targets profitability in 2024.

## SEC filing metadata
- accession: 0001841761-22-000068
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000068/0001841761-22-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000068/grov-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841761-22-000068
- JSON: https://secwatch.observer/filing/0001841761-22-000068.json
- Plain text: https://secwatch.observer/filing/0001841761-22-000068.txt

## Key facts
- Earnings Releases
  Grove Collaborative Holdings, Inc. reported third quarter of fiscal 2022 ended September 30, 2022 results: revenue $77.7 million. Guidance raised.
  - Period: third quarter of fiscal 2022 ended September 30, 2022
  - Revenue: $77.7 million
  - Guidance: raised
  - Result: reported results
  source text: Net revenue of $77.7 million, down 2% from the second quarter of 2022, and down 18% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000068/0001841761-22-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.