Grove Collaborative Holdings (GROV) Gross Margin (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Gross Margin of 54.81% for Q1 2026, up 3.35% sequentially from 53.04% in Q4 2025, and up 185.0% YoY from 19.23% in Q1 2025.
Grove Collaborative Holdings (GROV) Gross Margin (2021 - 2026) Analysis & Trends
Grove Collaborative Holdings has reported Gross Margin for 6 years, with the latest figure at 54.81% in Q1 2026.
- Quarterly Gross Margin rose 185.0% year-over-year to 54.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 54.13% (up 105.0% YoY) and the FY2025 annual result came in at 53.69%, down 6.0% from the prior year.
- Gross Margin grew to 54.81% in Q1 2026 per GROV's latest filing, from 53.04% in the prior quarter.
- Over five years, Gross Margin peaked at 55.54% in Q1 2024 and troughed at 46.99% in Q4 2022.
- A 5-year average of 52.3% and a median of 53.03% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 741 bps in 2023, then plunged 258 bps in 2025.
- Over 5 years, Gross Margin stood at 46.99% in 2022, then gained by 16 bps to 54.4% in 2023, then retreated by 4 bps to 52.41% in 2024, then grew by 1 bps to 53.04% in 2025, then grew by 3 bps to 54.81% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 54.81%, 53.04%, and 53.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 48.50% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 61.48% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 58.18% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 38.27% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 76.40% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 45.35% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 41.27% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | 77.66% |
| 10 | Grove Collaborative Holdings | 42.58 Mn | 32.17 Mn | 19.59 Mn | 53.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.56% |
| Mar 31, 2026 | 54.81% |
| Dec 31, 2025 | 53.04% |
| Sep 30, 2025 | 53.33% |
| Jun 30, 2025 | 55.41% |
| Mar 31, 2025 | 52.96% |
| Dec 31, 2024 | 52.41% |
| Sep 30, 2024 | 53.03% |
| Jun 30, 2024 | 53.86% |
| Mar 31, 2024 | 55.54% |
| Dec 31, 2023 | 54.40% |
| Sep 30, 2023 | 53.82% |
| Jun 30, 2023 | 51.90% |
| Mar 31, 2023 | 52.06% |
| Dec 31, 2022 | 46.99% |
| Sep 30, 2022 | 49.10% |
| Jun 30, 2022 | 49.14% |
| Mar 31, 2022 | 47.23% |
| Dec 31, 2021 | 44.99% |
| Sep 30, 2021 | 50.42% |