Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026)
Grove Collaborative Holdings' (GROV) quarterly Research & Development came in at $1.5 million in Q2 2026, down 31.45% year-over-year from $2.2 million in Q2 2025, and up 5.44% quarter-over-quarter from $1.4 million in Q1 2026.
Analysis
Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026) Analysis & Trends
Grove Collaborative Holdings has disclosed Research & Development across 6 years of filings, most recently posting $1.5 million for Q2 2026.
- In Q2 2026, Research & Development fell 31.45% year-over-year to $1.5 million; the TTM figure through Jun 2026 stood at $6.4 million (down 51.82% YoY), while the FY2025 annual figure was $7.5 million, down 59.45% from the prior year.
- Research & Development came in at $1.5 million for Q2 2026 at Grove Collaborative Holdings, up from $1.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.2 million in Q1 2022 to a low of $1.4 million in Q1 2026.
- Average Research & Development over 5 years is $3.8 million, with a median of $4.1 million recorded in 2023.
- Year-over-year, Research & Development jumped 34.21% in 2024 and slumped 66.14% in 2025.
- Over 5 years, Research & Development stood at $4.6 million in 2022, then slipped by 0.46% to $4.6 million in 2023, then grew by 0.81% to $4.6 million in 2024, then slumped by 59.23% to $1.9 million in 2025, then declined by 19.18% to $1.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $1.5 million in Q2 2026, $1.4 million in Q1 2026, and $1.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 340.14 Bn | 330.19 Bn | 10.28 Bn | - |
| 2 | Church & Dwight | 22.88 Bn | 22.63 Bn | 693.90 Mn | - |
| 3 | Clorox | 11.18 Bn | 11.04 Bn | 804.00 Mn | 32.00 Mn |
| 4 | Reynolds Consumer Products | 4.62 Bn | 4.55 Bn | 245.00 Mn | - |
| 5 | Wd 40 | 2.72 Bn | 2.66 Bn | 110.42 Mn | - |
| 6 | Energizer Holdings | 1.45 Bn | 1.27 Bn | 280.60 Mn | 7.40 Mn |
| 7 | Grove Collaborative Holdings | 43.80 Mn | 33.39 Mn | 19.59 Mn | 1.51 Mn |
| 8 | CleanCore Solutions | 33.33 Mn | 16.28 Mn | -419,259.00 | - |
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 |