Grove Collaborative Holdings, Inc. ( (GROV) ) has released its Q3 earnings. Here is a breakdown of the information Grove Collaborative Holdings, Inc. presented to its investors.
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Grove Collaborative Holdings, Inc., a certified B Corporation and Public Benefit Corporation, is a sustainable consumer products company known for being the world’s first plastic neutral retailer, offering a wide range of eco-friendly household and personal care products.
In its third quarter of 2025, Grove Collaborative reported a decline in revenue and an increased net loss compared to the previous year, primarily due to the effects of reduced advertising investments and disruptions from its eCommerce platform migration. The company is focused on strengthening its foundation and returning to growth despite these challenges.
Key financial metrics for the quarter included a total revenue of $43.7 million, marking a 9.4% decrease year-over-year. The net loss for the quarter was $3.0 million, compared to a $1.3 million loss in the same period last year. The company executed a reduction in force in November, aiming for $5 million in annualized savings. Operating expenses saw a reduction, contributing to cost optimization efforts.
Looking forward, Grove Collaborative expects its full-year revenue to be at the lower end of its guidance range, with a focus on improving customer experience and maintaining liquidity. The company anticipates a positive Adjusted EBITDA for the fourth quarter, supported by strategic cost management and reduced advertising spend.