Grove Collaborative Q1 Earnings Call Highlights
Key takeaways
- Grove Collaborative Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 12:14 AM GMT+7 7 min read GROV Grove Collaborative logo Key Points Interested in Grove Collaborative Holdings, Inc.?
- Grove Collaborative beat first-quarter expectations as the company said the impact from 2025 e-commerce platform disruptions is mostly behind it.
- Margins improved even as sales declined, with gross margin rising to 54.8% from 53% a year ago.
Grove Collaborative Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 12:14 AM GMT+7 7 min read GROV Grove Collaborative logo Key Points Interested in Grove Collaborative Holdings, Inc.? Here are five stocks we like better.
Grove Collaborative beat first-quarter expectations as the company said the impact from 2025 e-commerce platform disruptions is mostly behind it. Revenue still fell 16.8% year over year to $36.2 million, but adjusted EBITDA turned positive for a second straight quarter at $0.3 million.
Margins improved even as sales declined, with gross margin rising to 54.8% from 53% a year ago. Management said better promotional strategy through Grove Green Rewards, reduced discounting and improved efficiency helped offset lower order volume.