Grove Collaborative, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Reconciliation of Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported on the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):


	Year Ended December 31,
	2025		2024
Cash and cash equivalents	$	8,490	$	19,627
Restricted cash, current	2,300		3,675
Restricted cash, long-term	1,002		1,002
Total cash, cash equivalents and restricted cash	$	11,792	$	24,304

Schedule of Cash and Cash Equivalents


	Year Ended December 31,
	2025		2024
Cash and cash equivalents	$	8,490	$	19,627
Restricted cash, current	2,300		3,675
Restricted cash, long-term	1,002		1,002
Total cash, cash equivalents and restricted cash	$	11,792	$	24,304

Schedule of Property Plant and Equipment Useful Life

The estimated useful lives of the Company’s assets are as follows:


Computer equipment			3 - 5 years
Furniture and fixtures			5 years
Machinery and warehouse equipment			7 - 10 years
Leasehold improvements			Shorter of 10 years or lease term

Schedule of Disaggregation of Revenue

The following table sets forth revenue by product type (in thousands):


	Year Ended December 31,
	2025		2024
Revenue, net:
Grove Brands	$	71,940	$	82,942
Third-party products	101,776		120,483
Total revenue, net	$	173,716	$	203,425

Schedule of Fulfillment Costs

The Company’s fulfillment costs consist of the following (in thousands):


	Year Ended December 31,
	2025		2024
Shipping and Handling	$	26,199	$	29,663
Fulfillment Labor	8,771		10,633
Payment Processing and other	4,312		4,899
Total fulfillment costs	$	39,282	$	45,195