Filing Flows › Grove Collaborative Holdings (GROV) › Q2 2026
Grove Collaborative Holdings (GROV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Grove Collaborative Holdings (GROV) reported revenue of $36.6M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +1% from the quarter before. Operating margin was -2.1%, net loss $920K (2.5% of revenue).
Grove Collaborative Holdings, Q2 2026: revenue $36.6M (-17% year over year), operating margin -2.1%, net loss $920K, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $36.6M | +1% | -17% |
| Operating profit | −$783K | — | — |
| Net earnings | −$920K | — | — |
| Operating cash flow | $1.3M | — | +29% |
| Free cash flow | $1.1M | — | +101% |
What changed
Revenue was $36.6M in Q2 2026, down 17% year over year and up 1% from the previous quarter. Third-party products was the largest line at 54% of revenue. Third-party products lost $6.3M year over year (down 24%), 85% of the total change.
Gross margin was 53.6%, down 1.9 points from Q2 2025. Operating costs exceeded revenue by $783K, an operating margin of -2.1%. Operating expenses fell 27% while revenue fell 17%. The quarter ended with a net loss of $920K, narrower than the previous quarter's $1.0M loss.
Operating cash flow was $1.3M (up 29% year over year). Non-cash charges added back $399K of depreciation and amortization and $845K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $157K left free cash flow of $1.1M.
Questions
What was Grove Collaborative Holdings' revenue in the second quarter 2026?
Grove Collaborative Holdings (GROV) reported revenue of $36.6M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +1% from the quarter before.
Was Grove Collaborative Holdings profitable in the second quarter 2026?
Operating loss was $783K (-2.1% of revenue) and net loss $920K.