Grove Collaborative Holdings Inc. (GROV) Releases Q1 2026 Earnings: Revenue Declines but EPS Beats

By: Quiver EarningsTracker

Posted: 2 weeks, 4 days ago / May 7, 2026 10:02 p.m. UTC

GROV

Grove Collaborative Holdings Inc. (GROV) reported first-quarter 2026 results with revenue of $36.2 million, down 16.8% year‑over‑year and below the consensus revenue estimate of $42.1 million.

Gross profit: $19.9 million (down 13.9% YoY).

Cost of sales: $16.4 million (down 20.1% YoY).

Operating result: operating loss of $0.9 million (operating profit declined 74.3% YoY).

Net income attributable to common shareholders: net loss of $1.4 million (down 64.7% YoY).

Diluted EPS: -$0.03 (down 70.0% YoY).

On the earnings-per-share front, diluted EPS of -$0.03 came in ahead of the estimate of -$0.09.

Cash used in operating activities: $0.7 million (down 90.1% YoY).

Purchases of property, plant and equipment: $0.3 million (down 45.7% YoY).

Cash and cash equivalents: $7.2 million (down 25.5% YoY).

Total liabilities: $43.7 million (down 6.5% YoY).

Overall, the quarter showed meaningful revenue contraction and narrower profitability, while the company maintained a modest cash balance and reduced liabilities year over year.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Grove Collaborative Holdings Inc. Hedge Fund Activity

We have seen 10 institutional investors add shares of Grove Collaborative Holdings Inc. stock to their portfolio, and 10 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MORGAN STANLEY removed 272,636 shares (-8.5%) from their portfolio in Q4 2025, for an estimated $299,899
GSA CAPITAL PARTNERS LLP added 59,485 shares (+inf%) to their portfolio in Q4 2025, for an estimated $65,433
NORTHERN TRUST CORP added 16,053 shares (+21.8%) to their portfolio in Q4 2025, for an estimated $17,658
LAIRD NORTON WETHERBY TRUST COMPANY, LLC added 16,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $17,600
CITADEL ADVISORS LLC removed 10,100 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $11,110
SUSQUEHANNA INTERNATIONAL GROUP, LLP added 4,784 shares (+7.1%) to their portfolio in Q4 2025, for an estimated $5,262
XTX TOPCO LTD added 4,058 shares (+19.2%) to their portfolio in Q4 2025, for an estimated $4,463

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Grove Collaborative Holdings Inc. Analyst Ratings

Wall Street analysts have issued reports on $GROV in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Canaccord Genuity issued a "Buy" rating on 11/11/2025

To track analyst ratings and price targets for Grove Collaborative Holdings Inc., check out Quiver Quantitative's $GROV forecast page.