Filing Flows › Grove Collaborative Holdings (GROV) › Q1 2026 › vs Q4 2025
Grove Collaborative Holdings (GROV) Q1 2026 vs Q4 2025 (quarter over quarter)
Grove Collaborative Holdings's revenue fell $6.2M (-15%) from $42.4M in Q4 2025 to $36.2M in Q1 2026. The biggest changes: Third-party products −$3.7M (-16%); Grove Brands −$2.5M (-13%).
Grove Collaborative Holdings, Q1 2026: revenue $36.2M (-17% year over year), operating margin -2.5%, net loss $1.0M, operating cash flow −$683K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Third-party products | $19.7M | $23.4M | −$3.7M | -16% |
| Grove Brands | $16.5M | $19.0M | −$2.5M | -13% |
| Revenue | $36.2M | $42.4M | −$6.2M | -15% |
| Net loss | $1.0M | $1.6M | −$574K | -36% |
| Costs & expenses | $37.2M | $44.0M | −$6.8M | -15% |
| Operating costs | $37.1M | $44.0M | −$6.9M | -16% |
| Income tax | $8K | $8K | $0 | 0% |
| Cost of revenue | $16.4M | $19.9M | −$3.5M | -18% |
| Research & development | $1.4M | $1.9M | −$437K | -23% |
| SG&A | $18.2M | $21.2M | −$3.0M | -14% |
| Other operating costs | $1.2M | $1.0M | $135K | +13% |
| Operating cash sources | $1.9M | $1.2M | $630K | +50% |
| Depreciation & amortization | $391K | $393K | −$2K | -0.5% |
| Share-based compensation | $806K | $828K | −$22K | -3% |
| Cash used in operations | $683K | $29K | $654K | 24× |
| Net loss absorbed | $1.0M | $1.6M | −$574K | -36% |
| Working capital & other | $871K | −$333K | $1.2M | — |
Questions
How much did Grove Collaborative Holdings's revenue grow quarter over quarter in Q1 2026?
Grove Collaborative Holdings's revenue fell $6.2M (-15%) from $42.4M in Q4 2025 to $36.2M in Q1 2026.
What drove Grove Collaborative Holdings's revenue change in Q1 2026?
Third-party products −$3.7M (-16%); Grove Brands −$2.5M (-13%).