Grove Collaborative Holdings R&D Spending Growth & History (GROV)

Grove Collaborative Holdings's r&d spending was $7.5M for fiscal 2025.

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Grove Collaborative Holdings annual r&d spending history

Grove Collaborative Holdings annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20252025-12-31$7.5M−$11.0M−59.45%
20242024-12-31$18.5M$2.1M+12.53%
20232023-12-31$16.4M−$6.1M−27.12%
20222022-12-31$22.5M−$905,000−3.87%
20212021-12-31$23.4M$4.8M+25.48%
20202020-12-31$18.7M

Grove Collaborative Holdings r&d spending trends

Over the last five fiscal years, Grove Collaborative Holdings's r&d spending decreased from $18.7M to $7.5M, a change of −$11.2M. The latest reported quarter, Q2 2026, shows $1.5M.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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