Grove Collaborative

Q2 FY2026 EarningsQ2 FY26 results presented a significant beat on the bottom line despite a slight revenue miss, with EPS of -$0.03 vs. -$0.06 expected. The company achieved its third consecutive quarter of positive Adjusted EBITDA ($0.5M) and reported a much narrower Net Loss of $0.9M compared to the $2.6M consensus. While Gross Margin of 53.6% trailed the 55.2% estimate due to one-time inventory disposals, a 27.0% YoY reduction in operating expenses drove the earnings outperformance. Management reaffirmed FY26 revenue guidance ($142.5M–$152.5M) and expects sequential top-line growth for the remainder of the year.