Grove Collaborative Holdings (GROV) Gross Margin (2021 - 2026)

Grove Collaborative Holdings (GROV) has 6 years of Gross Margin data on file, last reported at 54.81% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 185.0% year-over-year to 54.81%; the trailing twelve-month figure through Mar 2026 stood at 54.13% (up 105.0% YoY), and the FY2025 full-year result was 53.69%, down 6.0% from the prior year.
• Gross Margin grew to 54.81% in Q1 2026, from 53.04% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 55.54% in Q1 2024 to a low of 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.
• Across the five-year window, Gross Margin soared 741 bps in 2023 and slumped 258 bps in 2025, its largest moves.
• Tracing GROV's Gross Margin over 5 years: stood at 46.99% in 2022, then grew by 16 bps to 54.4% in 2023, then dropped by 4 bps to 52.41% in 2024, then gained by 1 bps to 53.04% in 2025, then gained by 3 bps to 54.81% in 2026.
• Business Quant data shows GROV's Gross Margin at 54.81% in Q1 2026, 53.04% in Q4 2025, and 53.33% in Q3 2025.