Grove Collaborative forecasts FY2026 net revenue of $142.5 million-$152.5 million
GROV•FY2026 outlook and quarterly results
Grove Collaborative forecasts FY2026 net revenue of $147.5 million, based on a guidance range of $142.5 million to $152.5 million.
FY2026 adjusted EBITDA outlook is set at breakeven to low single-digit millions.
Q2 2026 net revenue was $36.6 million, up 1% sequentially and 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.
Margins, cash flow and balance sheet
Q2 gross margin was 53.6%; operating cash flow was $1.3 million; quarter-end cash was $11.4 million.
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