Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Grove Collaborative forecasts FY2026 net revenue of $142.5 million-$152.5 million

Grove Collaborative forecasts FY2026 net revenue of $142.5 million-$152.5 million

ReutersReuters2026/08/06 21:57
  • Grove Collaborative forecast FY2026 net revenue of $147.5 million, based on guidance range of $142.5 million to $152.5 million.
  • FY2026 adjusted EBITDA outlook set at breakeven to low single-digit millions.
  • Q2 2026 net revenue of $36.6 million rose 1% sequentially, down 16.9% year over year.
  • Q2 adjusted EBITDA totaled $0.5 million; trailing 12-month adjusted EBITDA was $1.1 million as of Q2 2026.
  • Q2 gross margin was 53.6%; operating cash flow was $1.3 million; quarter-end cash was $11.4 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 on August 06, 2026, and is solely responsible for the information contained therein.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!