earnings
confidence high
sentiment negative
materiality 0.75
Grove Collaborative Q3 revenue down 9.4% YoY to $43.7M; net loss widens to $3.0M; reduces workforce
Grove Collaborative Holdings, Inc.
2025-Q3 EPS reported
-$0.29
revenue$131,307,000
- Net loss of $3.0M vs $1.3M loss in Q3 2024; adjusted EBITDA loss of $1.2M vs breakeven prior year.
- Revenue $43.7M, down 9.4% YoY; DTC orders fell 12.5% to 619k; active customers down 7% to 660k.
- Reduction in force executed in November expected to generate ~$5M in annualized savings.
- Full-year 2025 revenue guidance lowered to $172.5-$175M (lower end of prior range); Q4 revenue expected flat sequentially.
- Full-year adjusted EBITDA still expected within prior range of negative low-single-digit millions to breakeven; Q4 EBITDA expected positive.