Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026)
Grove Collaborative Holdings (GROV) recorded Research & Development of $1.51 million in Q2 2026, down 31.4% from $2.21 million a year earlier but up 5.4% from the prior quarter.
Powered by 
Analysis
Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026) Analysis & Trends
On a TTM basis, Grove Collaborative Holdings' Research & Development came in at $6.45 million as of Jun 30, 2026, down 51.8% year-over-year; for FY2025, it came in at $7.48 million, down 59.4% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of -16.7% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $18.46 million in FY2024 (+12.5%), $16.4 million in FY2023 (-27.1%), $22.5 million in FY2022 (-3.9%) and $23.41 million in FY2021 (+25.5%).
- Quarterly Research & Development has ranged from $1.44 million in Q1 2026 to $6.97 million in Q4 2021 over the past five years.
- On a year-over-year basis, Research & Development has declined for six consecutive quarters, with an average decline of 31.4% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 34.2% in Q3 2024, against a decline of 66.1% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.44 million (Q1 2026), $1.87 million (Q4 2025) and $1.63 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 344.85 Bn | 300.84 Bn | 10.28 Bn | - |
| 2 | Colgate Palmolive | 68.93 Bn | 63.99 Bn | 3.30 Bn | - |
| 3 | Kenvue | 34.39 Bn | 30.01 Bn | 2.30 Bn | - |
| 4 | Estee Lauder Companies | 34.18 Bn | 22.26 Bn | 2.74 Bn | - |
| 5 | Kimberly Clark | 32.92 Bn | 30.25 Bn | 1.60 Bn | - |
| 6 | Church & Dwight | 22.52 Bn | 21.05 Bn | 693.90 Mn | - |
| 7 | Clorox | 9.87 Bn | 8.31 Bn | 804.00 Mn | 32.00 Mn |
| 8 | e.l.f. Beauty | 5.99 Bn | 4.97 Bn | 398.84 Mn | - |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | - |
| 10 | Grove Collaborative Holdings | 45.69 Mn | 12.75 Mn | 19.59 Mn | 1.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51 Mn |
| Mar 31, 2026 | 1.44 Mn |
| Dec 31, 2025 | 1.87 Mn |
| Sep 30, 2025 | 1.63 Mn |
| Jun 30, 2025 | 2.21 Mn |
| Mar 31, 2025 | 1.78 Mn |
| Dec 31, 2024 | 4.59 Mn |
| Sep 30, 2024 | 4.80 Mn |
| Jun 30, 2024 | 5.44 Mn |
| Mar 31, 2024 | 3.63 Mn |
| Dec 31, 2023 | 4.56 Mn |
| Sep 30, 2023 | 3.58 Mn |
| Jun 30, 2023 | 4.05 Mn |
| Mar 31, 2023 | 4.22 Mn |
| Dec 31, 2022 | 4.58 Mn |
| Sep 30, 2022 | 5.77 Mn |
| Jun 30, 2022 | 5.92 Mn |
| Mar 31, 2022 | 6.24 Mn |
| Dec 31, 2021 | 6.97 Mn |
| Sep 30, 2021 | 5.59 Mn |
API Access
Grove Collaborative Holdings Research & Development 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=research-and-development&ticker=GROV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=GROV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();