Grove Collaborative FY26 Q2 net loss narrows to $0.9 million; revenue drops 16.9% to $36.6 million yr/yr
Reuters2026/08/06 20:58- Grove Collaborative posted Q2 2026 net loss of USD 0.9 million, narrowing from USD 3.6 million a year earlier.
- Revenue fell 16.9% year over year to USD 36.6 million, rising 1% sequentially.
- Non-GAAP adjusted EBITDA turned positive at USD 0.5 million from a loss of USD 0.9 million a year earlier.
- Operating cash flow rose to USD 1.3 million from USD 1 million, ending the quarter with USD 11.4 million in cash and restricted cash.
- Launched a new subscription experience, completing the last major element of its early-2025 technology migration; reaffirmed 2026 revenue outlook of USD 142.5-152.5 million.
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.
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