Grove Collaborative Holdings, Inc.GROV
What Grove Collaborative Holdings, Inc. does.
Unless the context otherwise requires, all references in this subsection to the “Company,” “Grove,” “we,” “us” or “our” refer to Grove Collaborative Holdings, Inc. and its consolidated subsidiary following the Business Combination (as defined below), other than certain historical information that refers to the business of Grove Collaborative, Inc. prior to the consummation of the merger with Virgin Group Acquisition Corp. II. Such merger is referred to herein as the “Business Combination”. “Legacy Grove” refers to the Company prior to the Business Combination.
Grove Collaborative Holdings, Inc.’s mission is to transform the consumer products industry into a force for environmental and human good by creating and curating planet-first, high-performance brands and products.
Grove was incorporated in 2012 under the name “ePantry” as an online retailer for third-party natural household, beauty and personal care brands. We leveraged our ecommerce platform to learn about the industry, gain significant insight into consumer preferences and determine how we might drive change. Early on, it became clear that the current carbon, plastic, and ingredient footprint of our industry is unsustainable, and that there will be massive share shift to products that perform while supporting human and environmental health.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $364.3M | $383.7M | $321.5M | $259.3M | $203.4M | $173.7M |
| Net income | -$72.3M | -$135.9M | -$87.7M | -$43.2M | -$27.4M | -$11.7M |
| Free cash flow | -$88.5M | -$132.9M | -$100.5M | -$11.0M | -$11.5M | -$8.1M |
More on GROV.
- Grove Collaborative Holdings, Inc. summary
- Grove Collaborative Holdings, Inc. financial statements
- Grove Collaborative Holdings, Inc. key metrics
- Grove Collaborative Holdings, Inc. health scores and style box
- Grove Collaborative Holdings, Inc. earnings
- Grove Collaborative Holdings, Inc. dividends
- Grove Collaborative Holdings, Inc. valuation
- Grove Collaborative Holdings, Inc. ownership and insiders
- Grove Collaborative Holdings, Inc. peers
Figures from Grove Collaborative Holdings, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.