Grove Collaborative Holdings Inc. reported total revenue of $43.7 million for the third quarter ended September 30, 2025, a decrease of 9.4% year-over-year and down 0.7% from the previous quarter. The company recorded a net loss of $3.0 million, compared to a net loss of $1.3 million in the same period last year. Adjusted EBITDA loss was $1.2 million, versus breakeven in the prior year period. During the quarter, Grove executed a reduction in force in November, expected to result in approximately $5 million of annualized savings. The company continues to evaluate strategic options to accelerate scale and enhance shareholder value, while focusing on cost management and customer experience improvements. Grove anticipates full-year revenue at the lower end of its guidance range and does not expect year-over-year growth in the fourth quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grove Collaborative Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001841761-25-000046), on November 13, 2025, and is solely responsible for the information contained therein.
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