Growth & profitability
- Revenue has grown 54.9% per year over the past 5 years.
Financial health
- Total debt has grown faster than revenue (377.8% vs 54.9% per year).
- Operating income covered interest expense -7.0× in the latest year.
GWAV Financials Greenwave Technology Solutions, Inc.
13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $47M | -$22M | 25.4% | -42.5% | — | $13M | — |
| 2024 | $33M | -$24M | 39.0% | -102.8% | — | $14M | — |
| 2023 | $36M | -$27M | 40.6% | -54.7% | -$4M | $26M | — |
| 2022 | $34M | -$35M | 36.6% | -32.0% | -$9M | $2M | — |
| 2021 | $8M | -$2M | 35.3% | -36.2% | -$3M | $25000 | — |
| 2020 | — | -$15M | — | — | — | — | $1485 |
| 2019 | — | -$34M | — | — | — | — | $1120 |
| 2018 | — | -$16M | — | — | -$6M | — | $29568 |
| 2017 | — | -$44M | — | — | — | — | $1M |
| 2016 | — | -$18M | — | — | — | — | $374490 |
| 2015 | — | -$8M | — | — | — | — | $386316 |
| 2014 | — | -$2M | — | — | — | — | $141928 |
| 2014 | — | -$2M | — | — | — | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Dec '25 | $16M | -$7M | 17.8% | -40.8% | — | $13M | — |
| Sep '25 | $13M | -$5M | 27.6% | -38.8% | — | $13M | — |
| Jun '25 | $11M | -$5M | 19.2% | -42.3% | $660436 | $14M | — |
| Mar '25 | $7M | -$5M | 47.5% | -52.9% | -$4M | $13M | — |
| Dec '24 | $8M | -$18M | 46.2% | -214.3% | — | $14M | — |
| Sep '24 | $9M | -$5M | 41.7% | -52.2% | — | $7M | — |
| Jun '24 | $8M | $7M | 29.0% | -113.7% | — | $7M | — |
| Mar '24 | $9M | -$8M | 38.4% | -33.1% | — | $16M | — |
| Dec '23 | $9M | -$4M | 39.1% | -22.2% | — | $26M | — |
| Sep '23 | $8M | -$16M | 35.8% | -164.8% | — | $23M | — |
| Jun '23 | $9M | -$2M | 35.0% | -22.2% | $1M | $3M | — |
| Mar '23 | $9M | -$4M | 52.3% | -21.4% | -$916300 | $3M | — |
| Dec '22 | $6M | -$7M | 27.1% | -107.0% | -$3M | $2M | — |
| Sep '22 | $7M | -$9M | 33.8% | -44.8% | -$4M | $7M | — |
| Jun '22 | $11M | -$14M | 38.0% | -9.0% | -$913056 | $920621 | — |
| Mar '22 | $10M | -$5M | 43.0% | -2.0% | -$915529 | — | — |
| Dec '21 | $8M | -$12M | 35.3% | -21.4% | — | $25000 | — |
| Sep '21 | $54 | -$523741 | 100.0% | -731959.3% | — | — | $1082 |
| Jun '21 | $79 | $37M | 100.0% | -632007.6% | — | — | $1261 |
| Mar '21 | — | -$26M | — | — | — | — | $204 |
Valuation over time
How the market has priced GWAV against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has risen from 0.0× (Mar '23) to 0.1× (Jun '26).
P/S
Frequently asked questions
Is GWAV growing its revenue and profit?
Over the past 5 years, Greenwave Technology Solutions, Inc.'s revenue has grown 54.9% per year. These are computed facts, not advice.
How much debt does GWAV have?
As of FY2025, Greenwave Technology Solutions, Inc. reported $13M of total debt against — of cash; operating income covered interest expense -7.0×.
What is GWAV's profit margin?
In FY2025, gross margin was 25.4%, operating margin -42.5%, and net margin -46.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.