Grove Collaborative Holdings (GROV) Net Margin (2021 - 2026)
Grove Collaborative Holdings' Net Margin was -3.54% in Q2 2026, up 5.55 percentage points from -9.09% a year earlier and up 0.28 percentage points from the prior quarter.
Grove Collaborative Holdings (GROV) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Grove Collaborative Holdings' Net Margin was -5.02% through Jun 30, 2026, up 7.09 percentage points year-over-year; for FY2025, it came in at -7.61%, up 6.29 percentage points from FY2024.
- Net Margin has now increased for four consecutive years, with a five-year change of +12.23 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -13.90% in FY2024 (+3.23 pp), -17.13% in FY2023 (+10.15 pp), -27.28% in FY2022 (+8.14 pp) and -35.42% in FY2021 (-15.58 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q3 2024.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of +5.03 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2022 (a gain of 49.25 percentage points); the worst was Q3 2023 (a drop of 27.46 percentage points).
- Per Business Quant data, GROV's Net Margin in the three quarters before Q2 2026 was -3.82% (Q1 2026), -4.62% (Q4 2025) and -7.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 14.36% |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 12.93% |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 11.53% |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | -3.20% |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | 8.24% |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 13.25% |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 8.37% |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 13.89% |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 9.43% |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | -3.54% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.54% |
| Mar 31, 2026 | -3.82% |
| Dec 31, 2025 | -4.62% |
| Sep 30, 2025 | -7.63% |
| Jun 30, 2025 | -9.09% |
| Mar 31, 2025 | -9.01% |
| Dec 31, 2024 | -26.28% |
| Sep 30, 2024 | -3.13% |
| Jun 30, 2024 | -19.60% |
| Mar 31, 2024 | -6.61% |
| Dec 31, 2023 | -16.07% |
| Sep 30, 2023 | -17.60% |
| Jun 30, 2023 | -16.44% |
| Mar 31, 2023 | -18.26% |
| Dec 31, 2022 | -17.13% |
| Sep 30, 2022 | 9.86% |
| Jun 30, 2022 | -44.54% |
| Mar 31, 2022 | -52.37% |
| Dec 31, 2021 | -36.66% |
| Sep 30, 2021 | -39.40% |
Grove Collaborative Holdings Net 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=net-margin&ticker=GROV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();