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TTENK/calls
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Home›GWAV›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Greenwave Technology Solutions, Inc. (GWAV) financials

Income statement

Greenwave Technology Solutions, Inc. (GWAV) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$319K$19.6K$23.7K$6.96K$8.10M$34.0M$35.7M$33.3M$46.7M
Revenue growth——-93.9%21.0%-70.6%116184.3%319.6%5.0%-6.6%40.1%
Gross profit————$5.68K$2.86M$12.4M$14.5M$13.0M$11.9M
Gross margin————81.6%35.3%36.6%40.6%39.0%25.4%
Operating income-$13.6M-$36.8M-$13.9M-$3.45M-$1.16M-$2.93M-$10.9M-$19.5M-$34.3M-$19.8M
Operating margin—-11528.5%-70850.2%-14535.9%-16660.1%-36.2%-32.0%-54.7%-102.8%-42.5%
Net income-$18.0M-$44.4M-$16.0M-$34.3M-$14.7M-$1.63M-$35.0M-$26.9M-$23.9M-$21.6M
Net margin—-13904.7%-81729.0%-144576.3%-211235.8%-20.2%-103.1%-75.5%-71.8%-46.3%
EPS (diluted)-$0.34-$0.46-$0.10-$0.19-$23.99$0.36-$9.71-$385.81-$601.70-$41.21

Cash flow

Greenwave Technology Solutions, Inc. (GWAV) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$6.18M-$8.00M-$6.42M-$1.80M-$1.04M-$2.49M-$2.61M-$1.83M-$17.3M-$5.98M
Capital expenditures——$4.00K——$219K$5.94M$1.76M$3.58M—
Free cash flow——-$6.43M——-$2.71M-$8.55M-$3.59M-$20.8M—
Dividends paid———$28.9M——————

Balance sheet

Greenwave Technology Solutions, Inc. (GWAV) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents——$29.6K$1.12K$1.49K—————
Total assets$724K$2.57M$569K$3.10K$98.6K$38.2M$41.5M$46.4M$63.1M$55.2M
Total liabilities—$13.9M$7.41M$36.9M$37.8M$61.5M$26.1M$50.9M$26.1M$29.2M
Long-term debt—————$25.0K$7.00M$23.4M$4.26M$5.84M
Shareholders' equity-$1.10M-$11.4M-$6.84M-$36.9M-$37.7M-$23.3M$15.3M-$4.45M$37.0M$25.9M
Retained earnings-$29.9M-$74.3M-$80.8M-$190M-$301M-$298M-$362M-$396M-$496M-$521M
Shares (wtd avg diluted)71.9M112M169M577M4.65M8.20M6.58M87.1B108K596K

Every figure is extracted from Greenwave Technology Solutions, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Greenwave Technology Solutions, Inc.'s annual revenue?
Greenwave Technology Solutions, Inc. (GWAV) reported $46.7M of revenue for fiscal year 2025 — up 40.1% from $33.3M in FY2024, per its annual report filed with the SEC.
Is Greenwave Technology Solutions, Inc. profitable?
Not in FY2025 — GWAV reported a net loss of $21.6M, per SEC filings.
Does GWAV pay a dividend?
Greenwave Technology Solutions, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full GWAV analysis — verdict, score & filings →Is GWAV a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.