Filing Flows › Grove Collaborative Holdings (GROV) › Q3 2025
Grove Collaborative Holdings (GROV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Grove Collaborative Holdings (GROV) reported revenue of $43.7M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -0.7% from the quarter before. Operating margin was -6.2%, net loss $3.0M (6.8% of revenue).
Grove Collaborative Holdings, Q3 2025: revenue $43.7M (-9% year over year), operating margin -6.2%, net loss $3.0M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.7M | -0.7% | -9% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$1.0M | -205% | — |
What changed
Revenue was $43.7M in Q3 2025, down 9% year over year and down 1% from the previous quarter. Third-party products was the largest line at 60% of revenue. Third-party products lost $3.5M year over year (down 12%), 76% of the total change.
Gross margin was 53.3%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $2.7M, an operating margin of -6.2%. Operating expenses fell 19% while revenue fell 9%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $3.0M, narrower than the previous quarter's $3.6M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $421K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $390K. Capital expenditures of $161K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Grove Collaborative Holdings' revenue in the third quarter 2025?
Grove Collaborative Holdings (GROV) reported revenue of $43.7M for the third quarter 2025 (Q3 2025), -9% from a year earlier and -0.7% from the quarter before.
Was Grove Collaborative Holdings profitable in the third quarter 2025?
Operating loss was $2.7M (-6.2% of revenue) and net loss $3.0M.