)
Greenwave Technology Solutions (GWAV) investor relations material
Greenwave Technology Solutions Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned from technology platform to scrap metal recycling after acquiring Empire Services, now operating 13 facilities in VA, NC, and OH, with 172 employees as of June 2026.
2025 revenues rose 40.1% to $46.7M, driven by inventory sales and higher scrap prices; net loss narrowed 75.5% to $24.6M.
Gross margin declined to 25.4% from 39.0% due to higher costs and sales mix changes.
Significant non-recurring charges in 2024 did not recur in 2025, improving operating results.
Financial highlights
Revenues: $46.7M in 2025 vs. $33.3M in 2024 (+40.1%).
Gross profit: $11.9M in 2025 vs. $13.0M in 2024; gross margin fell to 25.4%.
Operating expenses: $31.7M in 2025, down from $47.3M in 2024, mainly due to absence of 2024's non-recurring charges.
Net loss: $24.6M in 2025, improved from $100.4M in 2024.
Cash at year-end: $0.94M; working capital deficit of $18.3M.
Accumulated deficit: $520.9M as of Dec 31, 2025.
Outlook and guidance
Management notes substantial doubt about ability to continue as a going concern due to cash burn and working capital deficit.
Additional capital may be required; no committed credit facilities as of year-end.
Focus shifting from rapid revenue growth to cost-saving measures to improve margins.
- Revenue grew 24.7% year-over-year, but going concern risks persist amid ongoing losses.GWAV
Q3 20256 Mar 2026 - Q2 2025 revenue rose 39.5% and net loss narrowed, but going concern risks persist.GWAV
Q2 20255 Feb 2026 - Registering 27M+ shares for resale, with proceeds from warrants aimed at expansion and tech upgrades.GWAV
Registration Filing16 Dec 2025 - Q2 revenue fell 16% and net loss widened to $43.8M amid higher costs and major non-cash charges.GWAV
Q2 202412 Dec 2025 - Board seeks approval for director elections, capital actions, and related party transactions.GWAV
Proxy Filing2 Dec 2025 - Stockholders will vote on director elections, capital structure changes, and key governance matters.GWAV
Proxy Filing2 Dec 2025 - Shareholders to vote on bylaw, equity plan, and warrant issuance amendments at July 2024 meeting.GWAV
Proxy Filing2 Dec 2025 - Shareholders will vote on expanding equity awards, issuing warrants, and potential meeting adjournment.GWAV
Proxy Filing2 Dec 2025 - Shareholders to vote on equity plan expansion, warrant issuance, and meeting adjournment authorization.GWAV
Proxy Filing2 Dec 2025
Next Greenwave Technology Solutions earnings date
Next Greenwave Technology Solutions earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)