Grove Collaborative Holdings, Inc. (GROV)

From the record

Grove Collaborative Holdings, Inc.'s filings since 2021 show 11 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2026-08-11); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2022-08-22); an auditor change (8-K item 4.01, 3 times, the latest 2025-06-04); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-05-17) (its current reports).

From the record

Grove Collaborative Holdings, Inc.'s 6 filed years say what it did: revenue went from $364 million in fiscal 2020 to $174 million in fiscal 2025, down 13.8% a year; it rose in 1 of 5 years; the deepest fall was 55% from fiscal 2021 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Grove Collaborative Holdings, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 176 cents per dollar of everything the company owns. Leverage: it owed about 132 cents per dollar of assets, and net share issuance: its share count grew 5.4% over the year (the filed statements).

From the record

Grove Collaborative Holdings, Inc.'s standing among 29 graded names in its industry family: revenue of $174 million in fiscal 2025 ranks in the bottom 24% by size; a net margin of -6.7% ranks in the bottom 22%; revenue growth of -18.5% a year over the last 3 filed years ranks in the bottom 9% (its annual reports).

From the record

Grove Collaborative Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Yurcisin, Jeffrey Michael (President & CEO, as filed), filing under that title since 2023-08-18, 3.2 years (bottom 34% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 16%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 24%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Grove Collaborative Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $12 million against debt of $7 million leaves 9.6% of its assets as net cash, bottom 35% of its family; cash from operations less capital spending is -4.7% of revenue (bottom 16%); a gross margin of 53.7% (top 35%); research spending of 4.3% of revenue (bottom 44%) (its annual report).

From the record

Grove Collaborative Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -18.5% a year over the last three filed years against -13.8% over all 6, slowing (top 29% of its family); the newest year grew -14.6% (bottom 9%); research spending grew -30.7% a year (bottom 6%); capital spending grew -34.9% a year (bottom 25%) (its annual reports). Grove Collaborative Holdings, Inc. reported 2 product lines in fiscal 2025: Third Party Products at $102 million (59%), Grove Brands at $72 million (41%); 0 of 2 grew against the year before (its annual report).

From the record

Grove Collaborative Holdings, Inc.'s newest year against its own record: revenue of $174 million in fiscal 2025 came in 7.3% above the $162 million its prior three years' pace pointed to (top 38% of its family); net income of $12 million against a prior three-year average of $53 million (top 26%); a net margin of -6.7% against -19.1% before (top 18%) (its annual reports).