---
title: "GROVE COLLABORATIVE HOLDINGS INC | 8-K: FY2026 Q2 Revenue: USD 36.57 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295142383.md"
datetime: "2026-08-06T20:49:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295142383.md)
  - [en](https://longbridge.com/en/news/295142383.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295142383.md)
generator: "portal-rs"
---

# GROVE COLLABORATIVE HOLDINGS INC | 8-K: FY2026 Q2 Revenue: USD 36.57 M

Revenue: As of FY2026 Q2, the actual value is USD 36.57 M.

EPS: As of FY2026 Q2, the actual value is USD -0.03.

EBIT: As of FY2026 Q2, the actual value is USD -582 K.

#### Net Revenue

Total Net Revenue for the second quarter of 2026 was $36.6 million, representing a 16.9% decrease year-over-year but a 1.0% increase sequentially compared to the first quarter of 2026. 

#### Net Loss

Net Loss for the second quarter of 2026 was - $0.9 million (or - $920 thousand), an improvement from a Net Loss of - $3.6 million (or - $3,626 thousand) in the prior-year period. The Net Loss margin was -2.5%, compared to -8.2% in the prior-year period. 

#### Adjusted EBITDA

Adjusted EBITDA was $0.5 million in the second quarter of 2026, compared to - $0.9 million in the same period last year, marking the third consecutive quarter of positive Adjusted EBITDA. The Adjusted EBITDA margin was 1.3%, up from -2.1% in the prior-year period. Adjusted EBITDA increased by $1.4 million, or 340 basis points, year-over-year. The trailing 12 months Adjusted EBITDA as of Q2 2026 was $1.1 million. 

#### Gross Margin

Gross Margin was 53.6% in the second quarter of 2026, a decrease of 190 basis points compared to 55.4% in the second quarter of 2025. 

#### Operating Expenses

Operating Expenses were $20.4 million in the second quarter of 2026, a decrease of 27.0% compared to $27.9 million in the prior-year period. 

#### Operating Cash Flow

Operating Cash Flow was $1.3 million in the second quarter of 2026, compared to $1.0 million in the same period last year, representing a $0.3 million increase year-over-year. 

#### Cash, Cash Equivalents, and Restricted Cash

Cash, Cash Equivalents, and Restricted Cash totaled $11.4 million as of June 30, 2026, an increase from $10.4 million as of March 31, 2026. This compares to $11.8 million as of December 31, 2025. 

#### Outstanding Debt

Outstanding debt as of June 30, 2026, was $7.5 million ABL. 

#### ABL Availability

ABL availability was $0.4 million as of June 30, 2026. 

#### DTC Total Orders

DTC Total Orders were 489,000 in the second quarter of 2026, a decline of 23.6% year-over-year compared to 640,000. 

#### DTC Active Customers

DTC Active Customers totaled 509,000 as of June 30, 2026, a decrease of 23.3% year-over-year compared to 664,000. The company has 5.5 million lifetime customers. 

#### DTC Net Revenue Per Order

DTC Net Revenue Per Order was $69.19 in the second quarter of 2026, an increase of 6.1% year-over-year compared to $65.23. 

#### Plastic Intensity

Plastic Intensity was 0.84 pounds in the second quarter of 2026, an improvement from 0.93 pounds in the second quarter of 2025. 

#### Average Fulfillment Cost per Unit

Average fulfillment cost per unit was $2.00 in the second quarter of 2026. 

#### Subscription Orders

Over 80% of orders, specifically 81%, included one or more subscription items in the second quarter of 2026, with 48% of orders being autoshipped and an average of 4+ subscription units per order. 

#### Owned Brands Revenue

Owned Brands accounted for 54% of net revenue in the second quarter of 2026. 

#### Loyalty Program

The company has over 350,000 Paid VIP Members as of June 30, 2026, with a 76% monthly average renewal rate for Paid VIPs. Paid VIPs order 2.5 times more often and have an 8% higher average order value compared to non-VIPs. 

#### 2026 Financial Outlook

Grove Collaborative Holdings, Inc. reaffirmed its full-year guidance for 2026, expecting net revenue to be approximately $142.5 million to $152.5 million. The company anticipates sequential net revenue improvement in each of the remaining quarters of 2026. Full-year 2026 Adjusted EBITDA is projected to range from breakeven to positive low single-digit millions.

### Related Stocks

- [GROVW.US](https://longbridge.com/en/quote/GROVW.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**