Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026)
Grove Collaborative Holdings (GROV) posted Research & Development of $1.4 million for Q1 2026, down 23.34% sequentially from $1.9 million in Q4 2025, and down 19.34% YoY from $1.8 million in Q1 2025.
Grove Collaborative Holdings (GROV) Research & Development (2021 - 2026) Analysis & Trends
Grove Collaborative Holdings has reported Research & Development for 6 years, with the latest figure at $1.4 million in Q1 2026.
- Quarterly Research & Development fell 19.34% year-over-year to $1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.1 million (down 57.01% YoY) and the FY2025 annual result came in at $7.5 million, down 59.45% from the prior year.
- Research & Development eased to $1.4 million in Q1 2026 per GROV's latest filing, from $1.9 million in the prior quarter.
- Over five years, Research & Development peaked at $6.2 million in Q1 2022 and troughed at $1.4 million in Q1 2026.
- A 5-year average of $3.9 million and a median of $4.2 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development surged 34.21% in 2024, then tumbled 66.14% in 2025.
- Over 5 years, Research & Development stood at $4.6 million in 2022, then declined by 0.46% to $4.6 million in 2023, then rose by 0.81% to $4.6 million in 2024, then plunged by 59.23% to $1.9 million in 2025, then declined by 23.34% to $1.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.4 million, $1.9 million, and $1.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | - |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | - |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | - |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | - |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | - |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 32.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -127.81 Mn |
| 10 | Grove Collaborative Holdings | 42.58 Mn | 32.17 Mn | 19.59 Mn | 1.51 Mn |
Historic Data
Download 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 |