Grove Collaborative Holdings (GROV) Gross Margin: 2020-2024
Historic Gross Margin for Grove Collaborative Holdings (GROV) over the last 5 years, with Dec 2024 value amounting to 53.75%.
- Grove Collaborative Holdings' Gross Margin rose 30.00% to 53.33% in Q3 2025 from the same period last year, while for Sep 2025 it was 53.50%, marking a year-over-year decrease of 75.00%. This contributed to the annual value of 53.75% for FY2024, which is 78.00% up from last year.
- As of FY2024, Grove Collaborative Holdings' Gross Margin stood at 53.75%, which was up 1.46% from 52.98% recorded in FY2023.
- In the past 5 years, Grove Collaborative Holdings' Gross Margin ranged from a high of 53.75% in FY2024 and a low of 48.10% during FY2022.
- Its 3-year average for Gross Margin is 51.61%, with a median of 52.98% in 2023.
- In the last 5 years, Grove Collaborative Holdings' Gross Margin crashed by 103bps in 2022 and then soared by 488bps in 2023.
- Grove Collaborative Holdings' Gross Margin (Yearly) stood at 48.32% in 2020, then spiked by 81bps to 49.13% in 2021, then plummeted by 103bps to 48.10% in 2022, then spiked by 488bps to 52.98% in 2023, then skyrocketed by 78bps to 53.75% in 2024.