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Nasdaq · Industrials

Greenwave Technology Solutions, Inc. (GWAV)

As-reported financials and SEC filings for Greenwave Technology Solutions, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc. provides technology solutions and services. The company offers products and services related to technology for various customers. It serves businesses seeking technology-based solutions.

Snapshot

Revenue
$46.7M
Revenue growth (YoY)
40.1%
Net income
$-21.6M
Diluted EPS
$-41.21
Gross margin
25.4%
Operating margin
-42.5%
Net margin
-46.3%
FCF margin
—
ROE
-83.3%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$7.3M
Long-term debt / equity
0.23×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Greenwave Technology Solutions

  • Revenue grew 40.1% to $47M in FY2025, after a 6.6% decline the year before.
  • Operating margin is -42.5% in FY2025, -6.3 pp against -36.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $16M, up 45.5% from Q2 FY2025.
  • Net loss narrowed to $22M in FY2025, from $24M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Greenwave Technology Solutions’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin25.4%
44th percentile of 455
Operating margin-42.5%
4th percentile of 598
Net margin-46.3%
3rd percentile of 630
Revenue growth (YoY)+40.1%
92nd percentile of 652
ROE-83.3%
6th percentile of 590
Long-term debt / equity0.23×
29th percentile of 403
Short interest1.00d
1st percentile of 661

Greenwave Technology Solutions’s net margin of -46.3% ranks in the 3rd percentile of the 630 Industrials companies reporting it. Greenwave Technology Solutions’s operating margin of -42.5% ranks in the 4th percentile of the 598 Industrials companies reporting it. Greenwave Technology Solutions’s return on equity of -83.3% ranks in the 6th percentile of the 590 Industrials companies reporting it.

1 reported insider purchase (code P) totaling $8.0M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$8.0M
code P value
Sells (90d)
0
—
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-09-09
Danny MeeksChief Executive OfficerBuy2.2M$3.72$8.0M

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
43.0K
settled 2026-09-30
Change vs prior
+88.9%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
88.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3043.0K+88.9%1.00
2026-09-1522.8K-11.8%1.00
2026-08-3125.8K-32.7%1.00
2026-08-1438.4K-68.4%1.22
2026-07-31121.5K+483.1%1.00
2026-07-1520.8K-8.7%2.61
2026-06-3022.8K-14.8%1.00
2026-06-1526.8K-9.1%2.23

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$46.7M$33.3M$35.7M$34.0M$8.1M
Gross profit
Operating income$-19.8M$-34.3M$-19.5M$-10.9M$-2.9M
Net income$-21.6M$-23.9M$-26.9M$-35.0M$-1.6M
Diluted EPS$-41.21$-601.70$-385.81$-9.71$0.36

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents—————
Current assets$4.8M$7.6M$2.7M$1.2M$3.3M
Total assets$55.2M$63.1M$46.4M$41.5M$38.2M
Current liabilities$23.2M$21.1M$40.5M$19.0M$59.5M
Long-term debt$5.8M$4.3M$23.4M$7.0M$25,000
Total liabilities$29.2M$26.1M$50.9M$26.1M$61.5M
Total equity$25.9M$37.0M$-4.5M$15.3M$-23.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-6.0M$-17.3M$-1.8M$-2.6M$-2.5M
Capital expenditure——$1.8M$5.9M$218,693
Free cash flow——

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$16.0M45.5%$-3.2M$-3.91
Q1 FY2026$16.3M121.9%$-1.5M$-1.81
Q4 FY202585.3%
Q3 FY2025$12.7M49.0%$-5.3M$-8.89
Q2 FY2025$11.0M39.5%$-4.9M$-8.98
Q1 FY2025$7.3M-13.8%$-4.7M—
Q4 FY2024-6.7%—
Q3 FY2024$8.5M4.0%$-4.8M—

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryWholesale-Metals Service Centers & of fices
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2013
SEC CIK1589149

Selected SEC filings

10-K2026-06-15
View on EDGAR →
10-K/A2025-04-30
View on EDGAR →
10-Q2026-08-18
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-03-06
View on EDGAR →
10-Q2026-02-05
View on EDGAR →
8-K2026-09-11
View on EDGAR →
8-K2026-09-08
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.