Grove Collaborative Holdings, Inc. (GROV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -683K | -29K | -1.04M | 987K | -6.87M | 270K | 750K | 1.61M | -12.38M | 1.11M | -3.53M | 1.17M | -6.74M | -6.71M | -23.41M | -36.63M | -29.5M | -38.34M | -26.95M | -62.17M |
| Operating CF Margin % | -1.89% | -0.07% | -2.38% | 2.24% | -15.78% | 0.55% | 1.55% | 3.09% | -23.12% | 1.85% | -5.72% | 1.76% | -9.41% | -9.07% | -30.11% | -46.21% | -32.61% | -43.93% | -28.32% | -62.78% |
| Operating CF Growth % | 90.06% | -110.74% | -238.67% | -38.73% | 44.49% | -75.65% | 121.25% | 38.28% | -83.76% | 116.52% | 84.92% | 103.18% | 77.16% | 82.49% | 13.15% | 41.07% | -5.55% | -29.29% | - | - |
| Net Income | -1.01M | -1.58M | -2.96M | -3.63M | -3.55M | -12.63M | -1.34M | -10.06M | -3.39M | -9.48M | -9.81M | -10.87M | -13.07M | -12.68M | 7.66M | -35.31M | -47.38M | -31.99M | -37.5M | -28.52M |
| Depreciation & Amortization | 391K | 393K | 421K | 488K | 378K | 2.42M | 2.77M | 2.43M | 2.2M | 1.47M | 1.46M | 1.45M | 1.45M | 1.43M | 1.43M | 1.45M | 1.41M | 1.36M | 1.3M | 1.21M |
| Stock-Based Compensation | 806K | 828K | 1.11M | 1.38M | 969K | 2.73M | 2.76M | 3.4M | 3.11M | 3.57M | 2.1M | 4.95M | 4.89M | 11.31M | 9.81M | 20.07M | 4.46M | 3.75M | 3.59M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.54M | 2.63M | 0 | 0 | 0 | 0 | 0 | 0 | 2.5M | 432K | 0 |
| Other Non-Cash Items | -46K | 999K | -142K | -234K | -112K | 3.08M | -7.72M | 942K | -2.88M | 3.77M | 965K | -1.39M | -2.3M | -8.68M | -30.43M | -8.48M | -827K | 1.07M | 205K | -25.09M |
| Working Capital Changes | -825K | -666K | 532K | 2.98M | -4.56M | 4.68M | 4.28M | 4.91M | -11.42M | 4.33M | -874K | 7.03M | 2.29M | 1.91M | -11.89M | -14.37M | 12.84M | -15.03M | 5.02M | -9.77M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 484K | 0 | 0 | 0 | 0 | 0 | 0 | -7.36M | -693K | 0 |
| Change in Inventory | -3.06M | 1.31M | 976K | 1.55M | -536K | 6.37M | 3.96M | 4.32M | -2.17M | 4.69M | 1.94M | 5.28M | 3.08M | 8.42M | -4.4M | -3.77M | 3.04M | 2.22M | -3.5M | 0 |
| Change in Payables | -143K | 60K | 2.48M | -2.1M | -816K | -2.59M | 143K | 1.05M | 125K | -728K | -1.81M | 0 | 1.55M | -2.97M | -4.05M | -13.78M | 10.29M | -9.89M | 10.83M | 0 |
| Cash from Investing | -294K | -31K | -148K | -431K | -3.39M | -322K | -393K | -388K | -518K | -602K | -844K | -755K | -784K | -642K | -970K | -1.26M | -1.35M | -1.5M | -1.42M | 347.15M |
| Capital Expenditures | -294K | -33K | -161K | -431K | -541K | -365K | -486K | -388K | -518K | -602K | -844K | -755K | -784K | -642K | -970K | -1.26M | -1.35M | -1.5M | -1.42M | -2.85M |
| CapEx % of Revenue | 0.81% | 0.08% | 0.37% | 0.98% | 1.24% | 0.74% | 1.01% | 0.74% | 0.97% | 1.01% | 1.37% | 1.14% | 1.1% | 0.87% | 1.25% | 1.59% | 1.49% | 1.72% | 1.5% | 2.87% |
| Acquisitions | 0 | -2.85M | 13K | 0 | -2.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 2.85M | 0 | 0 | 0 | 43K | 93K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -388K | -457K | -454K | -112K | -536K | -31.23M | -27.4M | -173K | -381K | -390K | 9.38M | -1.13M | 1.99M | -450K | -4.22M | 95.86M | 26.91M | 8.99M | 24.87M | -350.21M |
| Debt Issued (Net) | 0 | 118K | -118K | 0 | 0 | -30.35M | -42M | 0 | 0 | 0 | 0 | -340K | 7.26M | 66.5M | -303K | -287K | -275K | 9.59M | 24.64M | 1.34M |
| Equity Issued (Net) | 0 | 82K | -3K | 141K | -15K | 128K | 15M | 235K | 0 | -1.59M | 9.79M | -1K | 0 | 4.92M | -27.47M | 97.07M | 27.5M | 0 | 0 | -351.2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -297K |
| Other Financing | -388K | -657K | -333K | -253K | -521K | -1.01M | -402K | -408K | -381K | 1.2M | -402K | -788K | -5.28M | -71.88M | 23.55M | -923K | -318K | -596K | 224K | -340K |
| Net Change in Cash | -1.36M | -517K | -1.64M | 444K | -10.8M | -31.29M | -27.05M | 1.05M | -10.98M | 117K | 5.01M | -719K | -5.53M | -7.81M | -28.6M | 57.97M | -3.95M | -30.84M | -3.51M | -1.31M |
| Free Cash Flow | -977K | -62K | -1.2M | 556K | -7.41M | -95K | 264K | 1.22M | -12.9M | 507K | -4.37M | 410K | -7.52M | -7.36M | -24.38M | -37.89M | -30.86M | -39.84M | -28.38M | -65.01M |
| FCF Margin % | -2.7% | -0.15% | -2.75% | 1.26% | -17.02% | -0.19% | 0.55% | 2.35% | -24.09% | 0.85% | -7.08% | 0.62% | -10.51% | -9.94% | -31.36% | -47.8% | -34.1% | -45.65% | -29.81% | -65.66% |
| FCF Growth % | 86.82% | 34.74% | -554.92% | -54.54% | 42.53% | -118.74% | 106.04% | 198.29% | -71.49% | 106.89% | 82.06% | 101.08% | 75.62% | 81.53% | 14.09% | 41.72% | -5.62% | -28.08% | - | - |
| FCF per Share | -0.02 | -0.00 | -0.03 | 0.01 | -0.20 | -0.00 | 0.01 | 0.03 | -0.36 | 0.01 | -0.12 | 0.01 | -0.22 | -0.23 | -0.73 | -2.16 | -1.64 | -2.17 | -1.61 | -4.53 |
| FCF Conversion (FCF/Net Income) | 0.68x | 0.02x | 0.35x | -0.27x | 1.94x | -0.02x | -0.56x | -0.16x | 3.65x | -0.12x | 0.36x | -0.11x | 0.52x | 0.53x | -3.06x | 1.04x | 0.62x | 1.20x | 0.72x | 2.18x |
| Interest Paid | 0 | 0 | 0 | 226K | 222K | 259K | 2.81M | 3.15M | 3.19M | 0 | 3.17M | 3.05M | 2.73M | 5.34M | 1.75M | 1.59M | 1.46M | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 4K | 25K | -45K | 9K | 26K | 10K | 0 | 6K | 0 | 9K | 3K | 3K | 40K | 21K | 0 | 0 | 0 |