8-K
filed May 7, 2026, 7:59 PM ET
ticker GROV
CIK 0001841761
earnings
confidence high
sentiment positive
materiality 0.70
Grove Collaborative Q1 revenue down 16.8% but posts positive adjusted EBITDA; raises full-year guidance
Grove Collaborative Holdings, Inc.
2026-Q1 EPS reported
-$0.03
revenue$36,224,000
- Net revenue $36.2M (-16.8% YoY); net loss narrowed to $1.0M from $3.5M.
- Adjusted EBITDA positive $0.3M (0.8% margin) vs -$1.6M in prior year; second consecutive positive quarter.
- Full-year 2026 revenue guidance raised to $142.5-152.5M; adjusted EBITDA guided to breakeven to positive low single digits.
- DTC active customers 553k (-18.5% YoY); DTC orders 502k (-19.2%); net revenue per order up 2.0% to $67.79.
- Gross margin improved 180bps to 54.8%; operating expenses down 21.9%. Cash $10.4M.
Machine-readable event card
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- filed_at
- 2026-05-07T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:33.097200+00:00
- generated_at
- 2026-05-14T22:00:50.925975+00:00
- sec_items
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- event_type
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- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
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- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/0001841761-26-000033-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/grov-20260507.htm
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