Filing Flows › Grove Collaborative Holdings (GROV) › Q2 2025
Grove Collaborative Holdings (GROV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Grove Collaborative Holdings (GROV) reported revenue of $44.0M for the second quarter 2025 (Q2 2025), -15% from a year earlier and +1% from the quarter before. Operating margin was -7.9%, net loss $3.6M (8.2% of revenue).
Grove Collaborative Holdings, Q2 2025: revenue $44.0M (-16% year over year), operating margin -7.9%, net loss $3.6M, operating cash flow $987K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.0M | +1% | -15% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | $987K | — | -39% |
| Free cash flow | $556K | — | -55% |
What changed
Revenue was $44.0M in Q2 2025, down 15% year over year and up 1% from the previous quarter. Third-party products was the largest line at 60% of revenue. Third-party products lost $4.5M year over year (down 15%), 55% of the total change.
Gross margin was 55.4%, up 1.5 points from a year earlier. Operating costs exceeded revenue by $3.5M, an operating margin of -7.9%. Operating expenses fell 20% while revenue fell 15%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $3.6M, wider than the previous quarter's $3.5M loss.
Operating cash flow was $1.0M (down 39% year over year). Non-cash charges added back $488K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $2.7M. Capital expenditures of $431K left free cash flow of $556K.
Questions
What was Grove Collaborative Holdings' revenue in the second quarter 2025?
Grove Collaborative Holdings (GROV) reported revenue of $44.0M for the second quarter 2025 (Q2 2025), -15% from a year earlier and +1% from the quarter before.
Was Grove Collaborative Holdings profitable in the second quarter 2025?
Operating loss was $3.5M (-7.9% of revenue) and net loss $3.6M.