Grove Collaborative Holdings Inc
NYSE:GROV
Income Statement
Earnings Waterfall
Grove Collaborative Holdings Inc
Revenue
|
203.4m
USD
|
Cost of Revenue
|
-94.1m
USD
|
Gross Profit
|
109.3m
USD
|
Operating Expenses
|
-133.7m
USD
|
Operating Income
|
-24.3m
USD
|
Other Expenses
|
-3.9m
USD
|
Net Income
|
-28.3m
USD
|
Income Statement
Grove Collaborative Holdings Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Interest Expense |
5
|
6
|
8
|
9
|
10
|
11
|
13
|
15
|
16
|
16
|
17
|
15
|
13
|
|
Revenue |
384
N/A
|
372
-3%
|
352
-5%
|
335
-5%
|
322
-4%
|
303
-6%
|
289
-4%
|
274
-5%
|
259
-5%
|
241
-7%
|
227
-6%
|
214
-6%
|
203
-5%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(195)
|
(193)
|
(183)
|
(176)
|
(167)
|
(153)
|
(145)
|
(134)
|
(122)
|
(111)
|
(104)
|
(98)
|
(94)
|
|
Gross Profit |
189
N/A
|
179
-5%
|
169
-6%
|
159
-6%
|
155
-3%
|
149
-3%
|
145
-3%
|
140
-3%
|
137
-2%
|
130
-6%
|
124
-5%
|
116
-6%
|
109
-6%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(317)
|
(320)
|
(326)
|
(302)
|
(296)
|
(261)
|
(223)
|
(200)
|
(170)
|
(153)
|
(143)
|
(138)
|
(134)
|
|
Selling, General & Administrative |
(294)
|
(295)
|
(301)
|
(277)
|
(273)
|
(236)
|
(200)
|
(179)
|
(154)
|
(137)
|
(127)
|
(120)
|
(115)
|
|
Research & Development |
(23)
|
(25)
|
(25)
|
(25)
|
(23)
|
(21)
|
(19)
|
(17)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(129)
N/A
|
(141)
-9%
|
(157)
-11%
|
(143)
+9%
|
(141)
+2%
|
(112)
+20%
|
(79)
+30%
|
(61)
+23%
|
(33)
+46%
|
(23)
+30%
|
(20)
+14%
|
(22)
-14%
|
(24)
-10%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
(15)
|
(12)
|
(15)
|
(14)
|
(4)
|
0
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(3)
|
1
|
0
|
0
|
(3)
|
|
Total Other Income |
(1)
|
2
|
12
|
45
|
68
|
70
|
63
|
29
|
4
|
4
|
1
|
2
|
0
|
|
Pre-Tax Income |
(136)
N/A
|
(145)
-7%
|
(152)
-5%
|
(107)
+30%
|
(88)
+18%
|
(53)
+39%
|
(29)
+46%
|
(47)
-60%
|
(43)
+7%
|
(34)
+22%
|
(33)
+3%
|
(24)
+26%
|
(27)
-13%
|
|
Net Income | ||||||||||||||
Tax Provision |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(136)
|
(145)
|
(152)
|
(107)
|
(88)
|
(53)
|
(29)
|
(47)
|
(43)
|
(34)
|
(33)
|
(24)
|
(27)
|
|
Net Income (Common) |
(136)
N/A
|
(145)
-7%
|
(152)
-5%
|
(107)
+30%
|
(88)
+18%
|
(53)
+39%
|
(29)
+46%
|
(48)
-64%
|
(44)
+7%
|
(35)
+21%
|
(34)
+2%
|
(25)
+27%
|
(28)
-14%
|
|
EPS (Diluted) |
-4.17
N/A
|
-4.47
-7%
|
-4.67
-4%
|
-3.22
+31%
|
-2.47
+23%
|
-1.58
+36%
|
-0.84
+47%
|
-1.38
-64%
|
-1.28
+7%
|
-0.96
+25%
|
-0.93
+3%
|
-0.68
+27%
|
-0.76
-12%
|