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Grove Collaborative Q3 2026 net income swings to $102,000 from year-earlier loss

PUBT·11/10/2026 21:09:16
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Grove Collaborative Q3 2026 net income swings to $102,000 from year-earlier loss
  • Grove Collaborative swung to third-quarter 2026 net income of $102,000 from a year-earlier loss.
  • Net revenue fell 16% year-over-year to $36.82 million, reflecting a smaller active customer base.
  • Net income benefited from a $1.2 million tariff refund that reduced cost of goods sold.
  • DTC active customers dropped 31% year-over-year to 458,000, reflecting lower advertising investment and customer attrition associated with 2025 ecommerce platform disruptions.
  • Full-year 2026 net revenue guidance narrowed to $144 million–$146 million, with fourth-quarter net revenue expected below the third 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 Business Wire (Ref. ID: 20261110407338) on November 10, 2026, and is solely responsible for the information contained therein.