# Greenwave Technology Solutions, Inc.: financial statements, quarterly

GWAV · Nasdaq · CIK 1589149 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gwav.md) · [Financials](/companies/gwav/financials.md) · [Filings](/companies/gwav/filings.md) · [Insiders](/companies/gwav/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/gwav/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [8.2](/filings/0001493152-24-046276.md) | [9.0 d](/filings/0001641172-25-004803.md) | [8.5](/filings/0001493152-25-024192.md) | [7.9](/filings/0001493152-26-005251.md) | [8.5](/filings/0001493152-26-009206.md) | [8.4 d](/filings/0001493152-26-028562.md) | [7.3](/filings/0001493152-26-035143.md) | [11.0](/filings/0001493152-26-038992.md) | [12.7](/filings/0001493152-26-009206.md) | [15.6 d](/filings/0001493152-26-028562.md) | [16.3](/filings/0001493152-26-035143.md) | [16.0](/filings/0001493152-26-038992.md) |
| Cost of revenue | $m | [5.3](/filings/0001493152-24-046276.md) | [5.5 d](/filings/0001641172-25-004803.md) | [5.2](/filings/0001493152-25-024192.md) | [5.6](/filings/0001493152-26-005251.md) | [5.0](/filings/0001493152-26-009206.md) | [4.5 d](/filings/0001493152-26-028562.md) | [3.8](/filings/0001493152-26-035143.md) | [8.9](/filings/0001493152-26-038992.md) | [9.2](/filings/0001493152-26-009206.md) | [12.8 d](/filings/0001493152-26-028562.md) | [9.5](/filings/0001493152-26-035143.md) | [9.9](/filings/0001493152-26-038992.md) |
| Gross profit | $m | [2.9](/filings/0001493152-24-046276.md) | [3.5 d](/filings/0001641172-25-004803.md) | [3.3](/filings/0001493152-25-024192.md) | [2.3](/filings/0001493152-26-005251.md) | [3.5](/filings/0001493152-26-009206.md) | [3.9 d](/filings/0001493152-26-028562.md) | [3.5](/filings/0001493152-26-035143.md) | [2.1](/filings/0001493152-26-038992.md) | [3.5](/filings/0001493152-26-009206.md) | [2.8 d](/filings/0001493152-26-028562.md) | [6.8](/filings/0001493152-26-035143.md) | [6.1](/filings/0001493152-26-038992.md) |
| Operating income | $m | [(13.5)](/filings/0001493152-24-046276.md) | [(2.0) d](/filings/0001641172-25-004803.md) | [(2.8)](/filings/0001493152-25-024192.md) | [(9.0)](/filings/0001493152-26-005251.md) | [(4.4)](/filings/0001493152-26-009206.md) | [(18.1) d](/filings/0001493152-26-028562.md) | [(3.9)](/filings/0001493152-26-035143.md) | [(4.7)](/filings/0001493152-26-038992.md) | [(4.9)](/filings/0001493152-26-009206.md) | [(6.4) d](/filings/0001493152-26-028562.md) | [(1.1)](/filings/0001493152-26-035143.md) | [(2.8)](/filings/0001493152-26-038992.md) |
| Interest expense | $m | [3.7](/filings/0001493152-23-041269.md) | [2.2 d](/filings/0001493152-24-014799.md) | [2.2](/filings/0001493152-24-020718.md) | [2.5](/filings/0001493152-26-005251.md) | [0.4](/filings/0001493152-26-009206.md) | [0.3 d](/filings/0001493152-26-028562.md) | [0.8](/filings/0001493152-26-035143.md) | [1.3](/filings/0001493152-26-038992.md) | [0.3](/filings/0001493152-26-009206.md) | [0.4 d](/filings/0001493152-26-028562.md) | [0.4](/filings/0001493152-26-035143.md) | [0.4](/filings/0001493152-26-038992.md) |
| Income tax | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net income | $m | [(16.5)](/filings/0001493152-24-046276.md) | [(4.2) d](/filings/0001641172-25-004803.md) | [(8.1)](/filings/0001493152-26-009206.md) | [7.3](/filings/0001493152-26-009206.md) | [(4.8)](/filings/0001493152-26-009206.md) | [(18.4) d](/filings/0001493152-26-028562.md) | [(4.7)](/filings/0001493152-26-038992.md) | [(4.9)](/filings/0001493152-26-038992.md) | [(5.3)](/filings/0001493152-26-009206.md) | [(6.7) d](/filings/0001493152-26-028562.md) | [(1.5)](/filings/0001493152-26-038992.md) | [(3.2)](/filings/0001493152-26-038992.md) |
| Diluted EPS | $ per share | [(262.70)](/filings/0001493152-24-046276.md) | not reported | [(26472.13)](/filings/0001493152-25-024192.md) | [(921.46)](/filings/0001493152-26-005251.md) | [(28.74)](/filings/0001493152-26-009206.md) | not reported | [(17.85)](/filings/0001493152-26-035143.md) | [(8.98)](/filings/0001493152-26-038992.md) | [(8.89)](/filings/0001493152-26-009206.md) | not reported | [(1.81)](/filings/0001493152-26-035143.md) | [(3.91)](/filings/0001493152-26-038992.md) |
| Basic EPS | $ per share | [(262.70)](/filings/0001493152-24-046276.md) | not reported | [(26472.13)](/filings/0001493152-25-024192.md) | [(921.46)](/filings/0001493152-26-005251.md) | [(28.74)](/filings/0001493152-26-009206.md) | not reported | [(17.85)](/filings/0001493152-26-035143.md) | [(8.98)](/filings/0001493152-26-038992.md) | [(8.89)](/filings/0001493152-26-009206.md) | not reported | [(1.81)](/filings/0001493152-26-035143.md) | [(3.91)](/filings/0001493152-26-038992.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: not reported
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [1.4](/filings/0001493152-23-041269.md) | [1.5](/filings/0001641172-25-004803.md) | [0.7](/filings/0001493152-24-020718.md) | [24.3](/filings/0001493152-24-032898.md) | [15.2](/filings/0001493152-24-046276.md) | [2.6](/filings/0001493152-26-028562.md) | [5.5](/filings/0001493152-25-024192.md) | [5.3](/filings/0001493152-26-005251.md) | [1.5](/filings/0001493152-26-009206.md) | [0.9](/filings/0001493152-26-038992.md) | [1.5](/filings/0001493152-26-035143.md) | [0.7](/filings/0001493152-26-038992.md) |
| Current assets | $m | [2.6](/filings/0001493152-23-041269.md) | [2.7](/filings/0001641172-25-004803.md) | [2.2](/filings/0001493152-24-020718.md) | [27.0](/filings/0001493152-24-032898.md) | [19.8](/filings/0001493152-24-046276.md) | [7.6](/filings/0001493152-26-028562.md) | [12.6](/filings/0001493152-25-024192.md) | [10.0](/filings/0001493152-26-005251.md) | [7.0](/filings/0001493152-26-009206.md) | [4.8](/filings/0001493152-26-038992.md) | [5.7](/filings/0001493152-26-035143.md) | [6.7](/filings/0001493152-26-038992.md) |
| Total assets | $m | [48.1](/filings/0001493152-23-041269.md) | [46.4](/filings/0001641172-25-004803.md) | [45.3](/filings/0001493152-24-020718.md) | [74.6](/filings/0001493152-24-032898.md) | [69.6](/filings/0001493152-24-046276.md) | [63.1](/filings/0001493152-26-028562.md) | [67.5](/filings/0001493152-25-024192.md) | [64.1](/filings/0001493152-26-005251.md) | [59.9](/filings/0001493152-26-009206.md) | [55.2](/filings/0001493152-26-038992.md) | [53.9](/filings/0001493152-26-035143.md) | [52.7](/filings/0001493152-26-038992.md) |
| Current liabilities | $m | [18.8](/filings/0001493152-23-041269.md) | [40.5](/filings/0001641172-25-004803.md) | [22.7](/filings/0001493152-24-020718.md) | [12.9](/filings/0001493152-24-032898.md) | [13.0](/filings/0001493152-24-046276.md) | [21.1](/filings/0001493152-26-028562.md) | [20.1](/filings/0001493152-25-024192.md) | [19.5](/filings/0001493152-26-005251.md) | [20.7](/filings/0001493152-26-009206.md) | [23.2](/filings/0001493152-26-038992.md) | [23.7](/filings/0001493152-26-035143.md) | [29.8](/filings/0001493152-26-038992.md) |
| Total liabilities | $m | [48.4](/filings/0001493152-23-041269.md) | [50.9](/filings/0001641172-25-004803.md) | [39.7](/filings/0001493152-24-020718.md) | [18.5](/filings/0001493152-24-032898.md) | [18.3](/filings/0001493152-24-046276.md) | [26.1](/filings/0001493152-26-028562.md) | [26.0](/filings/0001493152-25-024192.md) | [26.2](/filings/0001493152-26-005251.md) | [27.2](/filings/0001493152-26-009206.md) | [29.2](/filings/0001493152-26-038992.md) | [29.5](/filings/0001493152-26-035143.md) | [31.6](/filings/0001493152-26-038992.md) |
| Long-term debt | $m | [23.4](/filings/0001493152-23-041269.md) | [23.4](/filings/0001493152-24-014799.md) | [13.0](/filings/0001493152-24-020718.md) | [4.8](/filings/0001493152-24-032898.md) | [4.5](/filings/0001493152-24-046276.md) | [4.3](/filings/0001641172-25-004803.md) | [5.2](/filings/0001493152-25-024192.md) | [6.3](/filings/0001493152-26-005251.md) | [6.2](/filings/0001493152-26-009206.md) | [5.8](/filings/0001493152-26-028562.md) | [5.6](/filings/0001493152-26-035143.md) | [5.5](/filings/0001493152-26-038992.md) |
| Current portion of debt | $m | [2.6](/filings/0001493152-23-041269.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Short-term borrowings | $m | not reported | [2.7](/filings/0001493152-24-014799.md) | [2.8](/filings/0001493152-24-020718.md) | [2.7](/filings/0001493152-24-032898.md) | [2.6](/filings/0001493152-24-046276.md) | [10.2](/filings/0001641172-25-004803.md) | [7.7](/filings/0001493152-25-024192.md) | [7.5](/filings/0001493152-26-005251.md) | [7.2](/filings/0001493152-26-009206.md) | [7.2](/filings/0001493152-26-028562.md) | [7.1](/filings/0001493152-26-035143.md) | [7.0](/filings/0001493152-26-038992.md) |
| Shareholders' equity | $m | [(0.3)](/filings/0001493152-24-046276.md) | [(4.5)](/filings/0001493152-26-028562.md) | [5.6](/filings/0001493152-26-009206.md) | [56.1](/filings/0001493152-26-009206.md) | [51.3](/filings/0001493152-26-009206.md) | [37.0](/filings/0001493152-26-038992.md) | [41.5](/filings/0001493152-26-038992.md) | [38.0](/filings/0001493152-26-038992.md) | [32.7](/filings/0001493152-26-009206.md) | [25.9](/filings/0001493152-26-038992.md) | [24.4](/filings/0001493152-26-038992.md) | [21.2](/filings/0001493152-26-038992.md) |

- Cash and equivalents: us-gaap:Cash
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: us-gaap:DebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(3.6) d](/filings/0001493152-24-046276.md) | [0.8 d](/filings/0001641172-25-004803.md) | [(3.5)](/filings/0001493152-25-024192.md) | [(10.6) d](/filings/0001493152-26-005251.md) | [(0.7) d](/filings/0001493152-26-009206.md) | [(2.5) d](/filings/0001493152-26-028562.md) | [(4.2)](/filings/0001493152-26-035143.md) | [1.2 d](/filings/0001493152-26-038992.md) | [(2.9) d](/filings/0001493152-26-009206.md) | [(0.1) d](/filings/0001493152-26-028562.md) | [1.3](/filings/0001493152-26-035143.md) | [(0.4) d](/filings/0001493152-26-038992.md) |
| Capital expenditure | $m | not reported | not reported | not reported | not reported | not reported | not reported | [0.2](/filings/0001493152-26-035143.md) | [0.6 d](/filings/0001493152-26-038992.md) | not reported | not reported | [0.1](/filings/0001493152-26-035143.md) | [0.0 d](/filings/0001493152-26-038992.md) |
| Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [8.7](/filings/0001493152-23-041269.md) | [11.2](/filings/0001493152-24-020718.md) | [0.1](/filings/0001493152-24-032898.md) | [0.1](/filings/0001493152-24-046276.md) | [0.0](/filings/0001493152-25-024192.md) | [0.0](/filings/0001493152-26-005251.md) | [0.2](/filings/0001493152-26-009206.md) | [0.4](/filings/0001493152-26-035143.md) | [0.5](/filings/0001493152-26-038992.md) | [0.6](/filings/0001493152-26-009206.md) | [0.8](/filings/0001493152-26-035143.md) | [0.8](/filings/0001493152-26-038992.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 829,631 at 2026-08-18, from the cover of the [10-Q filed 2026-08-18](/filings/0001493152-26-038992.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.