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| Date | Value |
|---|---|
| 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 |