Grove Collaborative Holdings
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Grove Collaborative Holdings's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 19% to $259,278,000. The net income raised on -$43,232,000 and profit margin reached -17%. Total operating expenses were $172,622,000.

Profit Margin

Grove Collaborative Holdings, Inc. (NYSE:GROV): Profit margin
2019 233.11M -161.47M -69.27%
2020 364.27M -72.26M -19.84%
2021 383.68M -135.89M -35.42%
2022 321.52M -87.71M -27.28%
2023 259.27M -43.23M -16.67%

GROV Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
259.27M321.52M383.68M364.27M233.11M
Cost of revenue
121.91M166.87M195.18M188.26M149.68M
Gross profit
137.35M154.65M188.50M176.00M83.43M
Operating exp.
Research and development
16.40M22.50M23.40M18.65M13.60M
Selling and marketing
21.29M66.26M107.31M55.54M77.84M
Total operating expenses
172.62M295.63M317.35M242.49M246.60M
Operating income
-31.45M-140.98M-128.85M-66.49M-163.16M
Other income (expenses), net
-11.74M53.32M-6.98M-5.72M1.71M
Income before tax
-43.19M-87.66M-135.84M-72.21M-161.45M
Income tax expense
38K54K52K41K12K
Net income
-43.23M-87.71M-135.89M-72.26M-161.47M
Earnings per share
Basic EPS
-1.28-4.85-79.28-67.25-214.47
Diluted EPS
-1.28-4.85-79.28-67.25-214.47
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