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Grove Collaborative Receives Non-Compliance Notice from NYSE
Grove Collaborative reports that, on August 7, 2026, it received written notice from the New York Stock Exchange of non-compliance with Section 802.01B of the NYSE Listed Company Manual, which requires an average global market capitalization of not less than $50 million over a consecutive 30 trading-day period and stockholders' equity of not less than $50 million.
Grove Expects Q1 2026 Net Revenue of $140M-$150M
Previous view was $140M-$150M. First quarter 2026 net revenue represented the expected trough for the year. Grove expects sequential net revenue improvement in each of the remaining three quarters of 2026.
Q1 Revenue Reaches $36.2M, Exceeds Consensus of $33.08M
Reports Q1 revenue $36.2M, consensus $33.08M.
Grove Collaborative Q4 Revenue at $42.4M
Reports Q4 revenue $42.4M vs $49.501M last year. "We finished 2025 in line with our revised revenue and Adjusted EBITDA guidance and returned to positive Adjusted EBITDA in the fourth quarter," said Jeff Yurcisin, Chief Executive Officer of Grove Collaborative. "That performance reflects the trade-offs we made throughout the year, prioritizing liquidity and Adjusted EBITDA profitability, while we addressed customer experience disruption tied to our ecommerce platform migration. The impacts lasted longer than planned, but we believe we're past the customer experience low point and are focused on continued stabilization and improvement through 2026."
Company Expects 2026 Net Revenue of Approximately $140 Million to $150 Million
For full-year 2026, the Company expects net revenue to be approximately $140 million to $150 million and Adjusted EBITDA to be approximately breakeven.
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