Grove Collaborative FY26 Q2 net loss narrows to $0.9 million; revenue drops 16.9% to $36.6 million yr/yr
GROV•GROV•GROV•GROV•Grove Collaborative posted Q2 2026 net loss of $0.9 million, narrowing from $3.6 million a year earlier.
Revenue fell 16.9% year over year to $36.6 million, rising 1% sequentially.
Non-GAAP adjusted EBITDA turned positive at $0.5 million from a loss of $0.9 million a year earlier.
Operating cash flow rose to $1.3 million from $1 million, ending the quarter with $11.4 million in cash and restricted cash.
The company launched a new subscription experience, completing the last major element of its early-2025 technology migration.
Grove Collaborative reaffirmed its 2026 revenue outlook of $142.5 million to $152.5 million.
