Grove Collaborative Holdings (GROV) Operating Margin (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Operating Margin of -2.14% for Q2 2026, up 5.79 percentage points from -7.93% a year earlier and up 0.35 percentage points from the prior quarter.
Grove Collaborative Holdings (GROV) Operating Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Grove Collaborative Holdings was -3.78%, up 8.13 percentage points year-over-year; for FY2025, it came in at -6.51%, up 4.57 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +11.74 percentage points (FY2020 to FY2025).
- In prior years, Grove Collaborative Holdings' Operating Margin was -11.08% in FY2024 (+2.52 pp), -13.60% in FY2023 (+30.25 pp), -43.85% in FY2022 (-10.26 pp) and -33.58% in FY2021 (-15.33 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q1 2024.
- On a year-over-year basis, Operating Margin has increased in each of the last five quarters, with an average year-over-year change of +2.45 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2023, with a gain of 39.47 percentage points; the weakest was Q2 2022, with a drop of 27.57 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -2.49% (Q1 2026), -3.74% (Q4 2025) and -6.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | 18.63% |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | 18.95% |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | 17.67% |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | -1.08% |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | 15.11% |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | 18.07% |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 24.33% |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | 21.37% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 14.62% |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | -2.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.14% |
| Mar 31, 2026 | -2.49% |
| Dec 31, 2025 | -3.74% |
| Sep 30, 2025 | -6.24% |
| Jun 30, 2025 | -7.93% |
| Mar 31, 2025 | -8.06% |
| Dec 31, 2024 | -16.83% |
| Sep 30, 2024 | -13.97% |
| Jun 30, 2024 | -13.31% |
| Mar 31, 2024 | -1.00% |
| Dec 31, 2023 | -13.27% |
| Sep 30, 2023 | -6.65% |
| Jun 30, 2023 | -14.46% |
| Mar 31, 2023 | -19.08% |
| Dec 31, 2022 | -38.36% |
| Sep 30, 2022 | -29.02% |
| Jun 30, 2022 | -53.93% |
| Mar 31, 2022 | -52.24% |
| Dec 31, 2021 | -34.88% |
| Sep 30, 2021 | -37.99% |
Grove Collaborative Holdings Operating 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=operating-margin&ticker=GROV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();