Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Operating Expenses of $19.13 million for Q2 2026, down 24.0% from $25.16 million a year earlier and down 2.4% from the prior quarter.
Grove Collaborative Holdings (GROV) Operating Expenses (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Grove Collaborative Holdings was $84.68 million, down 22.9% year-over-year; for FY2025, it was $94.88 million, down 22.0% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, with a five-year compound annual growth rate of -12.7% (FY2020 to FY2025).
- In prior years, Grove Collaborative Holdings' Operating Expenses was $121.63 million in FY2024 (-19.6%), $151.33 million in FY2023 (-34.0%), $229.37 million in FY2022 and $3.57 million in FY2021 (-98.1%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q1 2022.
- On a year-over-year basis, Operating Expenses has declined in each of the last 13 quarters, with an average decline of 19.3% over the last eight quarters.
- Across the past five years, year-over-year decline in Operating Expenses ran from 11.3% in Q3 2024 to 38.6% in Q2 2023.
- According to Business Quant data, Operating Expenses for the three prior quarters was $19.59 million (Q1 2026), $23.05 million (Q4 2025) and $22.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 2.13 Bn |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 1.60 Bn |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | 2.78 Bn |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | - |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 252.20 Mn |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 330.00 Mn |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 280.32 Mn |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | 19.13 Mn |
Historic 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 |
Grove Collaborative Holdings Operating Expenses 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=operating-expenses&ticker=GROV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();