Greenwave Technology Solutions, Inc.GWAVEarnings & Financial Report
Nasdaq
NextMay 6, 2026
GWAV Q2 2025 Key Financial Metrics
Revenue
$11.0M
Gross Profit
$2.1M
Operating Profit
$-4.7M
Net Profit
$-4.9M
Gross Margin
19.2%
Operating Margin
-42.3%
Net Margin
-44.7%
YoY Growth
39.5%
EPS
$-8.98
Financial Flow
Greenwave Technology Solutions, Inc. Q2 2025 Financial Summary
Greenwave Technology Solutions, Inc. reported revenue of $11.0M for Q2 2025, with a net profit of $-4.9M (-44.7% margin). Cost of goods sold was $8.9M, operating expenses totaled $6.8M.
Key Financial Metrics
| Total Revenue | $11.0M |
|---|---|
| Net Profit | $-4.9M |
| Gross Margin | 19.2% |
| Operating Margin | -42.3% |
| Report Period | Q2 2025 |
Greenwave Technology Solutions, Inc. Annual Revenue by Year
Greenwave Technology Solutions, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $33.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $33.3M |
| 2023 | $35.7M |
| 2022 | $34.0M |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2M | $9.0M | $8.5M | $7.9M | $8.5M | $8.4M | $7.3M | $11.0M |
| YoY Growth | 11.4% | 50.3% | -6.0% | -16.3% | 4.0% | -6.7% | -13.8% | 39.5% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $48.1M | $46.4M | $45.3M | $74.6M | $69.6M | $63.1M | $67.5M | $64.1M |
| Liabilities | $48.4M | $50.9M | $39.7M | $18.5M | $18.3M | $26.1M | $26.0M | $26.2M |
| Equity | $-308192 | $-4.5M | $5.6M | $56.1M | $51.3M | $37.0M | $41.5M | $38.0M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.8M | $753690 | $-3.5M | $-10.6M | $-671224 | $-2.5M | $-4.2M | $1.2M |