Grove Collaborative Holdings (GROV) Gross Margin (2021 - 2026)
Grove Collaborative Holdings (GROV) recorded Gross Margin of 53.56% in Q2 2026, down 1.85 percentage points from 55.41% a year earlier and down 1.26 percentage points from the prior quarter.
Grove Collaborative Holdings (GROV) Gross Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Grove Collaborative Holdings' Gross Margin came in at 53.64% as of Jun 30, 2026, up 0.23 percentage points year-over-year; for FY2025, it came in at 53.69%, down 0.06 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +5.38 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 53.75% in FY2024 (+0.78 pp), 52.98% in FY2023 (+4.88 pp), 48.10% in FY2022 (-1.03 pp) and 49.13% in FY2021 (+0.81 pp).
- Quarterly Gross Margin has ranged from 44.99% in Q4 2021 to 55.54% in Q1 2024 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 7.41 percentage points in Q4 2023, against a drop of 2.58 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 54.81% (Q1 2026), 53.04% (Q4 2025) and 53.33% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | 48.50% |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | 61.48% |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | 58.18% |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | 75.46% |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | 38.27% |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | 45.35% |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 41.27% |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | 83.20% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 25.95% |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | 53.56% |
Historic 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% |
Grove Collaborative Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GROV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GROV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();