---
schema_version: "secwatch.filing_event.v1"
accession: "0001841761-26-000033"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:00:50.925975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grove Collaborative Q1 revenue down 16.8% but posts positive adjusted EBITDA; raises full-year guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001841761-26-000033
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/0001841761-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/grov-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841761-26-000033
- JSON: https://secwatch.observer/filing/0001841761-26-000033.json
- Plain text: https://secwatch.observer/filing/0001841761-26-000033.txt

## Source-grounded claims
- claim_id: 39f1a484edefc279c6bfe44f6a7b6656eeac6572
  claim: Grove Collaborative Holdings, Inc. reported first quarter ended March 31, 2026 results: revenue $36.2 million, net income Net Loss was $1.0 million. Guidance raised.
  evidence_excerpt: Benefit Corporation, today reported financial results for its fiscal first quarter ended March 31, 2026. Key First Quarter 2026 Financial Highlights: ● Total Net Revenue was $36.2 million, down 16.8% year-over-year ● Adjusted EBITDA was positive $0.3 million, compared to a loss of $1.6 million in the same period last year ● Net Loss was $1.0 million, compared to a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/0001841761-26-000033-index.htm

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