Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Operating Expenses of $19.6 million for Q1 2026, down 15.0% sequentially from $23.1 million in Q4 2025, and down 17.55% YoY from $23.8 million in Q1 2025.
Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026) Analysis & Trends
Grove Collaborative Holdings has reported Operating Expenses for 6 years, with the latest figure at $19.6 million in Q1 2026.
- Quarterly Operating Expenses fell 17.55% year-over-year to $19.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $90.7 million (down 22.59% YoY) and the FY2025 annual result came in at $94.9 million, down 21.99% from the prior year.
- Operating Expenses slipped to $19.6 million in Q1 2026 per GROV's latest filing, from $23.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $63.8 million in Q2 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 25464.64% in 2022, then plunged 38.56% in 2023.
- Over 5 years, Operating Expenses stood at $56.3 million in 2022, then slumped by 34.96% to $36.6 million in 2023, then retreated by 14.43% to $31.3 million in 2024, then declined by 26.4% to $23.1 million in 2025, then retreated by 15.0% to $19.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $19.6 million, $23.1 million, and $22.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 2.13 Bn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 1.60 Bn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 252.20 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 330.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -155.01 Mn |
| 10 | Grove Collaborative Holdings | 42.58 Mn | 32.17 Mn | 19.59 Mn | 19.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.13 Mn |
| 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 |