Financial News

Revenue Falls 18.7% for Grove Collaborative in Q1 2025

The decline was driven by lower repeat order volume, reflecting lower advertising spend throughout 2024.

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By: Lianna Albrizio

Associate Editor

Revenue for Grove Collaborative Holdings, Inc. fell 18.7% to $43.5 million in Q1 2025 compared to $53.5 million the prior-year quarter. This resulted in a net loss of $3.5 million, compared to a net loss of $3.4 million in the prior-year period. Adjusted EBITDA was $1.6 million, compared to $1.9 million in the prior-year period. The decline was driven by lower repeat order volume, reflecting lower advertising spend throughout 2024. Revenue was further impacted by temporary disruptions r...

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