Grove Collaborative profit margin GROV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- −4.1%
- Operating margin, 12 months
- −3.8%
- Net margin on a year earlier
- +7.3 pts
- Peer median
- 5.1%
Over the twelve months to Jun 30, 2026, Grove Collaborative kept −4.1% of its revenue as net profit, with an operating margin of −3.8% and a gross margin of 53.6%.
The median for 6 specialty retail stocks of a similar size is 5.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −6.7% | −6.5% | 53.7% |
| FY2024 | −13.5% | −11.1% | 53.8% |
| FY2023 | −16.7% | −13.6% | 53.0% |
| FY2022 | −27.3% | −43.8% | 48.1% |
| FY2021 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −4.1% | +7.3 pts | −3.8% | |
| Q1 FY26 | −5.5% | +8.7 pts | −5.2% | |
| Q4 FY25 | −6.7% | +6.7 pts | −6.5% | |
| Q3 FY25 | −12.6% | −1.2 pts | −10.0% | |
| Q2 FY25 | −11.4% | +3.0 pts | −11.9% | |
| Q1 FY25 | −14.3% | −0.4 pts | −13.2% | |
| Q4 FY24 | −13.5% | +3.2 pts | −11.1% | |
| Q3 FY24 | −11.4% | +5.6 pts | −10.4% | |
| Q2 FY24 | −14.4% | −4.4 pts | −8.6% | |
| Q1 FY24 | −13.9% | +3.7 pts | −9.2% | |
| Q4 FY23 | −16.7% | +10.6 pts | −13.6% | |
| Q3 FY23 | −17.0% | +6.0 pts | −20.4% |
Against its peers
Companies in Specialty Retail nearest Grove Collaborative's size, closest first, today.
| Company | Profit margin |
|---|---|
| GROVGrove Collaborative | −4.1% |
| HOURHour Loop | 1.1% |
| BODIBeachbody | 5.7% |
| LOVELovesac | 2.6% |
| ELAEnvela | 7.6% |
| BBWBuild-A-Bear Workshop | 10.0% |
| SGUStar | 4.6% |
| Peer median | 5.1% |
Where Grove Collaborative ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Grove Collaborative
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.