Revenue
16 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 15995879 USD Source
Fundies. English
Greenwave Technology Solutions, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 46.66M, using the latest reported figures. The previous period, 2024, was about USD 33.32M.
Latest quarter
Operating margin
-17.8%
2026 Q2 · %
Operating cash flow
-370 thousand USD
2026 Q2 · USD
Free cash flow
-370 thousand USD
2026 Q2 · USD
- Cash and cash equivalents
- 1.08 thousand USD Source
Exact value
1082 USD
- Long-term debt including current maturities
- 5.46 million USD Source
Exact value
5456625 USD
- Shares outstanding
- 830 thousand shares Source
Exact value
829631 shares
Reported share-count change
49.19% · 274 thousand shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
60.6 million USD
2025-07-01 – 2026-06-30
Net income
-16.8 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
-2.1 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: -5860291 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -2929827 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: -5975441 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: -5860291 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 1318528 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 948134 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 1318528 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-23.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 9 of 11 periods available· newest 2025-12-31
- Operating income: 10 of 11 periods available· newest 2025-12-31
- Net income: 11 of 11 periods available· newest 2025-12-31
- Operating cash flow: 11 of 11 periods available· newest 2025-12-31
- Capital expenditure: 4 of 11 periods available· newest 2023-12-31
- Total assets: 9 of 11 periods available· newest 2025-12-31
- Total liabilities: 9 of 11 periods available· newest 2025-12-31
- Current assets: 9 of 11 periods available· newest 2025-12-31
- Current liabilities: 9 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 4 of 11 periods available· newest 2020-12-31
- Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
- Shares outstanding: 9 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+40.1%Prior period
USD 33.32 million
–
Current period
USD 46.66 million
–
Exact inputs and evidence
46660320 − 33315859 = 13344461 USD
33315859 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source46660320 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 2.32 millionPrior period
−USD 23.92 million
–
Current period
−USD 21.6 million
–
Exact inputs and evidence
-21596628 − -23917353 = 2320725 USD
-23917353 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-21596628 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 11.28 millionPrior period
−USD 17.25 million
–
Current period
−USD 5.98 million
–
Exact inputs and evidence
-5975441 − -17254723 = 11279282 USD
-17254723 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-5975441 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 46.66 million 100% of revenue
- Cost of revenue USD 34.79 million 75% of revenue
- Operating expenses USD 31.69 million 68% of revenue
- Operating income −USD 19.82 million −42% of revenue
- Tax, interest and other Derived USD 1.78 million 3.8% of revenue
- Net income −USD 21.6 million −46% of revenue
Cash
- Operating cash flow −USD 5.98 million −13% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2017 Operating loss: operating costs were 11,629% of revenue.
- 2018 Operating loss: operating costs were 70,950% of revenue.
- 2019 Operating loss: operating costs were 14,636% of revenue.
- 2020 Operating loss: operating costs were 16,760% of revenue.
- 2021 Operating loss: operating costs were 136% of revenue.
- 2022 Operating loss: operating costs were 132% of revenue.
- 2023 Operating loss: operating costs were 155% of revenue.
- 2024 Operating loss: operating costs were 203% of revenue.
- 2025 Operating loss: operating costs were 142% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2017 2017-01-01 – 2017-12-31 | 319242 | 37123202 Derived | -36803960 | 7585609 Derived | -44389569 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 19597 | 13904112 Derived | -13884515 | 2131926 Derived | -16016441 | -6427896 Derived | Source
|
| 2019 2019-01-01 – 2019-12-31 | 23703 | 3469139 Derived | -3445436 | 30823476 Derived | -34268912 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 6964 | 1167175 Derived | -1160211 | 13550249 Derived | -14710460 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 8098036 | 11025600 Derived | -2927564 | -1295143 Derived | -1632421 | -2705906 Derived | Source
|
| 2022 2022-01-01 – 2022-12-31 | 33978425 | 44861346 Derived | -10882921 | 24160369 Derived | -35043290 | -8545200 Derived | Source
|
| 2023 2023-01-01 – 2023-12-31 | 35667982 | 55182744 Derived | -19514762 | 7421228 Derived | -26935990 | -3594255 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 33315859 | 67577792 Derived | -34261933 | -10344580 Derived | -23917353 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 46660320 | 66481038 Derived | -19820718 | 1775910 Derived | -21596628 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 46.7M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Revenue | 319242 |
|
| 2018 | Revenue | 19597 |
|
| 2019 | Revenue | 23703 |
|
| 2020 | Revenue | 6964 |
|
| 2021 | Revenue | 8098036 |
|
| 2022 | Revenue | 33978425 |
|
| 2023 | Revenue | 35667982 |
|
| 2024 | Revenue | 33315859 |
|
| 2025 | Revenue | 46660320 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
40.1% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Year over year | No prior comparable period |
|
| 2018 | Year over year | -93.9% |
|
| 2019 | Year over year | 21% |
|
| 2020 | Year over year | -70.6% |
|
| 2021 | Year over year | 116,184.3% |
|
| 2022 | Year over year | 319.6% |
|
| 2023 | Year over year | 5% |
|
| 2024 | Year over year | -6.6% |
|
| 2025 | Year over year | 40.1% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -42.5% 2025
Net margin -46.3% 2025
Free cash flow margin -10.1% 2023
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Operating margin | -11,528.5% |
|
| 2018 | Operating margin | -70,850.2% |
|
| 2019 | Operating margin | -14,535.9% |
|
| 2020 | Operating margin | -16,660.1% |
|
| 2021 | Operating margin | -36.2% |
|
| 2022 | Operating margin | -32% |
|
| 2023 | Operating margin | -54.7% |
|
| 2024 | Operating margin | -102.8% |
|
| 2025 | Operating margin | -42.5% |
|
| 2017 | Net margin | -13,904.7% |
|
| 2018 | Net margin | -81,729% |
|
| 2019 | Net margin | -144,576.3% |
|
| 2020 | Net margin | -211,235.8% |
|
| 2021 | Net margin | -20.2% |
|
| 2022 | Net margin | -103.1% |
|
| 2023 | Net margin | -75.5% |
|
| 2024 | Net margin | -71.8% |
|
| 2025 | Net margin | -46.3% |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | -32,800.4% |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | -33.4% |
|
| 2022 | Free cash flow margin | -25.1% |
|
| 2023 | Free cash flow margin | -10.1% |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -6M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Operating cash flow | -7997465 |
|
| 2018 | Operating cash flow | -6423900 |
|
| 2019 | Operating cash flow | -1797227 |
|
| 2020 | Operating cash flow | -1037843 |
|
| 2021 | Operating cash flow | -2487213 |
|
| 2022 | Operating cash flow | -2609173 |
|
| 2023 | Operating cash flow | -1833310 |
|
| 2024 | Operating cash flow | -17254723 |
|
| 2025 | Operating cash flow | -5975441 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
USD -3.6M 2023
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | -6427896 |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | -2705906 |
|
| 2022 | Free cash flow | -8545200 |
|
| 2023 | Free cash flow | -3594255 |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
53% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Liabilities / assets | 542% |
|
| 2018 | Liabilities / assets | 1,301.3% |
|
| 2019 | Liabilities / assets | 1,191,341.6% |
|
| 2020 | Liabilities / assets | 38,363% |
|
| 2021 | Liabilities / assets | 161.2% |
|
| 2022 | Liabilities / assets | 63% |
|
| 2023 | Liabilities / assets | 109.6% |
|
| 2024 | Liabilities / assets | 41.4% |
|
| 2025 | Liabilities / assets | 53% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.21× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Current assets / current liabilities | 0.09× |
|
| 2018 | Current assets / current liabilities | 0.01× |
|
| 2019 | Current assets / current liabilities | 0× |
|
| 2020 | Current assets / current liabilities | 0× |
|
| 2021 | Current assets / current liabilities | 0.06× |
|
| 2022 | Current assets / current liabilities | 0.07× |
|
| 2023 | Current assets / current liabilities | 0.07× |
|
| 2024 | Current assets / current liabilities | 0.36× |
|
| 2025 | Current assets / current liabilities | 0.21× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | −USD 18.03 million Exact valueExact value: -18030124 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 6.18 million Exact valueExact value: -6182816 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | −USD 44.39 million Exact valueExact value: -44389569 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 8 million Exact valueExact value: -7997465 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | −USD 16.02 million Exact valueExact value: -16016441 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 6.42 million Exact valueExact value: -6423900 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3,996 Exact valueExact value: 3996 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 6.43 million Calculation and evidence-6423900 − 3996 USD Exact free cash flow: -6427896 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2019 2019-01-01 – 2019-12-31 | −USD 34.27 million Exact valueExact value: -34268912 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.8 million Exact valueExact value: -1797227 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | −USD 14.71 million Exact valueExact value: -14710460 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.04 million Exact valueExact value: -1037843 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | −USD 1.63 million Exact valueExact value: -1632421 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.49 million Exact valueExact value: -2487213 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 218,693 Exact valueExact value: 218693 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.71 million Calculation and evidence-2487213 − 218693 USD Exact free cash flow: -2705906 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2022 2022-01-01 – 2022-12-31 | −USD 35.04 million Exact valueExact value: -35043290 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 2.61 million Exact valueExact value: -2609173 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.94 million Exact valueExact value: 5936027 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 8.55 million Calculation and evidence-2609173 − 5936027 USD Exact free cash flow: -8545200 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2023 2023-01-01 – 2023-12-31 | −USD 26.94 million Exact valueExact value: -26935990 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 1.83 million Exact valueExact value: -1833310 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.76 million Exact valueExact value: 1760945 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 3.59 million Calculation and evidence-1833310 − 1760945 USD Exact free cash flow: -3594255 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2024 2024-01-01 – 2024-12-31 | −USD 23.92 million Exact valueExact value: -23917353 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 17.25 million Exact valueExact value: -17254723 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | −USD 21.6 million Exact valueExact value: -21596628 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 5.98 million Exact valueExact value: -5975441 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
101 filings · 2,742 latest values · 2,741 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001589149, 1589149, GWAV, MSRT, edgar:1589149, msrt
Also known as GREENWAVE TECHNOLOGY SOLUTIONS, INC., GREENWAVE TECHNOLOGY SOLUTIONS, INC, GREENWAVE TECHNOLOGY SOLUTIONS, INC., Greenwave Technology Solutions, Inc., MASSROOTS, INC., MassRoots, Inc.