Grove Collaborative Holdings R&D Spending Growth & History (GROV)
Grove Collaborative Holdings's r&d spending was $7.5M for fiscal 2025.
View full Grove Collaborative Holdings company overviewGrove Collaborative Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.5M | −$11.0M | −59.45% |
| 2024 | 2024-12-31 | $18.5M | $2.1M | +12.53% |
| 2023 | 2023-12-31 | $16.4M | −$6.1M | −27.12% |
| 2022 | 2022-12-31 | $22.5M | −$905,000 | −3.87% |
| 2021 | 2021-12-31 | $23.4M | $4.8M | +25.48% |
| 2020 | 2020-12-31 | $18.7M | — | — |
Grove Collaborative Holdings quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.5M | −$694,000 | −31.45% |
| Q1 2026 | 2026-03-31 | $1.4M | −$344,000 | −19.34% |
| Q4 2025 | 2025-12-31 | $1.9M | −$2.7M | −59.23% |
| Q3 2025 | 2025-09-30 | $1.6M | −$3.2M | −66.14% |
| Q2 2025 | 2025-06-30 | $2.2M | −$3.2M | −59.40% |
| Q1 2025 | 2025-03-31 | $1.8M | −$1.8M | −50.94% |
| Q4 2024 | 2024-12-31 | $4.6M | $37,000 | +0.81% |
| Q3 2024 | 2024-09-30 | $4.8M | $1.2M | +34.21% |
| Q2 2024 | 2024-06-30 | $5.4M | $1.4M | +34.16% |
| Q1 2024 | 2024-03-31 | $3.6M | −$590,000 | −13.99% |
| Q4 2023 | 2023-12-31 | $4.6M | −$21,000 | −0.46% |
| Q3 2023 | 2023-09-30 | $3.6M | −$2.2M | −37.94% |
| Q2 2023 | 2023-06-30 | $4.1M | −$1.9M | −31.58% |
| Q1 2023 | 2023-03-31 | $4.2M | −$2.0M | −32.44% |
| Q4 2022 | 2022-12-31 | $4.6M | — | — |
| Q3 2022 | 2022-09-30 | $5.8M | $179,000 | +3.20% |
| Q2 2022 | 2022-06-30 | $5.9M | $234,000 | +4.11% |
| Q1 2022 | 2022-03-31 | $6.2M | — | — |
| Q3 2021 | 2021-09-30 | $5.6M | — | — |
| Q2 2021 | 2021-06-30 | $5.7M | — | — |
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.
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.
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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