Grove Collaborative Holdings, Inc.

Grove Collaborative Holdings, Inc. reported a net loss of $11.7 million for fiscal year 2025, an improvement from a $27.4 million net loss in 2024. Net revenue declined 14.6% year-over-year to $173.7 million, primarily due to reductions in advertising spend, the impact of an ecommerce platform migration, and a strategic shift toward achieving Adjusted EBITDA profitability. Gross profit was $93.3 million, resulting in a gross margin of 53.7%. The company used $7.0 million in cash from operating activities and ended the year with $8.5 million in cash and cash equivalents. Grove completed the wind-down of its brick-and-mortar retail business in 2025 and continues to focus on its direct-to-consumer platform, where Grove Brands generated 41% of net revenue.

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