Grove Collaborative (NYSE:GROV) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Grove Collaborative (NYSE:GROV) posted its quarterly earnings data on Thursday. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04, FiscalAI reports. The firm had revenue of $42.41 million during the quarter, compared to the consensus estimate of $42.86 million.

Here are the key takeaways from Grove Collaborative’s conference call:

• The e-commerce platform migration caused significant customer disruption and churn — active customers fell to 599,000 (down 13% year-over-year) and DTC total orders were 539,000 (down 25% year-over-year), pressuring revenue and repeat behavior.
• Grove returned to positive adjusted EBITDA in Q4 ($1.6M) and achieved break-even operating cash flow, while a November reduction-in-force is expected to save about $5M annually, supporting near-term liquidity.
• Management rolled out customer-focused fixes — the Grove Green Rewards loyalty program, a rebuilt custom mobile app, planned subscription improvements, and planned dropship capabilities — aimed at reactivating lapsed customers and enabling a measured ad spend increase.
• Full-year 2026 guidance is cautious: net revenue of approximately $140M–$150M (below 2025’s $173.7M) and adjusted EBITDA around breakeven, with Q1 expected as the revenue trough and advertising to be scaled only as CX stabilizes.

Grove Collaborative Stock Up 0.8%

GROV opened at $1.29 on Friday. The company’s 50-day moving average price is $1.37 and its two-hundred day moving average price is $1.40. Grove Collaborative has a twelve month low of $1.02 and a twelve month high of $1.84. The stock has a market cap of $53.39 million, a price-to-earnings ratio of -3.91 and a beta of 1.22.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Grove Collaborative stock. Susquehanna International Group LLP increased its stake in shares of Grove Collaborative Holdings, Inc. (NYSE:GROV) by 371.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,637 shares of the company’s stock after acquiring an additional 53,283 shares during the quarter. Susquehanna International Group LLP owned about 0.16% of Grove Collaborative worth $101,000 at the end of the most recent quarter. 91.64% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Canaccord Genuity Group increased their price target on Grove Collaborative from $1.50 to $2.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Grove Collaborative in a research report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1.60.

Grove Collaborative Company Profile

Grove Collaborative is a direct-to-consumer digital marketplace offering a broad assortment of sustainable home and personal care products. Operating as a public benefit corporation, the company provides an online platform designed to simplify the shopping experience for eco-friendly essentials, including cleaning supplies, personal care items, baby and family products, wellness goods and pet care.

The company’s business model centers on a subscription-based delivery service that enables members to schedule regular shipments of both third-party and private-label products.