Grove Collaborative FY26 Q2 net loss narrows to $0.9 million; revenue drops 16.9% to $36.6 million yr/yr

Reuters2026/08/06 20:58

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Grove Collaborative posted Q2 2026 net loss of USD 0.9 million, narrowing from USD 3.6 million a year earlier.
Revenue fell 16.9% year over year to USD 36.6 million, rising 1% sequentially.
Non-GAAP adjusted EBITDA turned positive at USD 0.5 million from a loss of USD 0.9 million a year earlier.
Operating cash flow rose to USD 1.3 million from USD 1 million, ending the quarter with USD 11.4 million in cash and restricted cash.
Launched a new subscription experience, completing the last major element of its early-2025 technology migration; reaffirmed 2026 revenue outlook of USD 142.5-152.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grove Collaborative Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061610BIZWIRE_USPR_____20260806_BW536704) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Grove Collaborative FY26 Q2 net loss narrows to $0.9 million; revenue drops 16.9% to $36.6 million yr/yr

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