Grove Collaborative Holdings, Inc. — Third Quarter 2026 Earnings Summary

Grove Collaborative Holdings reported third-quarter 2026 net revenue of $36.8 million, representing a 15.8% year-over-year decline but a 0.7% sequential increase. The company achieved positive Adjusted EBITDA of $1.4 million for the fourth consecutive quarter, driven by a $1.2 million tariff refund and reduced operating expenses. Full-year 2026 guidance was narrowed to net revenue between $144 million and $146 million and Adjusted EBITDA between $1 million and $2 million. Key operational metrics showed a 30.6% year-over-year decrease in active customers, while net revenue per order rose 6.1% to $70.85.