Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026)

Grove Collaborative Holdings (GROV) reported Operating Expenses of $19.6 million for Q1 2026, down 17.55% on a YoY basis from $23.8 million in Q1 2025, and down 15.0% sequentially from $23.1 million in Q4 2025.

Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026) Analysis & Trends

Grove Collaborative Holdings (GROV) has 6 years of Operating Expenses data on file, last reported at $19.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 17.55% year-over-year to $19.6 million; the trailing twelve-month figure through Mar 2026 stood at $90.7 million (down 22.59% YoY), and the FY2025 full-year result was $94.9 million, down 21.99% from the prior year.
  • Operating Expenses slipped to $19.6 million in Q1 2026, from $23.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $63.8 million in Q2 2022 to a low of $1.0 million in Q1 2022.
  • A 5-year average of $33.0 million and a median of $31.3 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 25464.64% in 2022 and slumped 38.56% in 2023, its largest moves.
  • Tracing GROV's Operating Expenses over 5 years: stood at $56.3 million in 2022, then tumbled by 34.96% to $36.6 million in 2023, then dropped by 14.43% to $31.3 million in 2024, then decreased by 26.4% to $23.1 million in 2025, then dropped by 15.0% to $19.6 million in 2026.
  • Business Quant data shows GROV's Operating Expenses at $19.6 million in Q1 2026, $23.1 million in Q4 2025, and $22.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Procter & Gamble 346.97 Bn 334.66 Bn 10.51 Bn 5.94 Bn
2 Unilever 134.52 Bn 124.04 Bn - -
3 Colgate Palmolive 73.68 Bn 72.35 Bn 3.23 Bn 2.08 Bn
4 Kenvue 37.33 Bn 37.23 Bn 2.30 Bn 1.52 Bn
5 Kimberly Clark 37.00 Bn 36.45 Bn 1.53 Bn -
6 Estee Lauder Companies 30.00 Bn 26.87 Bn 2.84 Bn 2.59 Bn
7 Church & Dwight 23.36 Bn 22.86 Bn 681.40 Mn 251.00 Mn
8 Clorox 11.81 Bn 10.62 Bn 722.00 Mn 256.00 Mn
9 Yatsen Holding 6.39 Bn 6.25 Bn 153.20 Mn -155.01 Mn
10 Grove Collaborative Holdings 44.09 Mn 34.63 Mn 19.86 Mn 19.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.59 Mn
Dec 31, 2025 23.05 Mn
Sep 30, 2025 22.90 Mn
Jun 30, 2025 25.16 Mn
Mar 31, 2025 23.77 Mn
Dec 31, 2024 31.32 Mn
Sep 30, 2024 29.53 Mn
Jun 30, 2024 32.56 Mn
Mar 31, 2024 28.22 Mn
Dec 31, 2023 36.61 Mn
Sep 30, 2023 33.28 Mn
Jun 30, 2023 39.21 Mn
Mar 31, 2023 42.24 Mn
Dec 31, 2022 56.28 Mn
Sep 30, 2022 52.06 Mn
Jun 30, 2022 63.82 Mn
Mar 31, 2022 1.01 Mn
Dec 31, 2021 2.09 Mn
Sep 30, 2021 1.21 Mn
Jun 30, 2021 249,630.00