secwatch.observer — SEC 8-K summary
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Issuer:     Grove Collaborative Holdings, Inc. (GROV)
CIK:        0001841761
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001841761-26-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/0001841761-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841761/000184176126000033/grov-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001841761-26-000033

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