Greenidge Generation Holdings (GREEL) Operating Expenses (2020 - 2026)
Greenidge Generation Holdings (GREEL) reported Operating Expenses of $25.4 million for Q1 2026, up 17.35% year-over-year from $21.6 million in Q1 2025, and up 159.85% quarter-over-quarter from $9.8 million in Q4 2025.
Greenidge Generation Holdings (GREEL) Operating Expenses (2020 - 2026) Analysis & Trends
Greenidge Generation Holdings (GREEL) has 7 years of Operating Expenses data on file, last reported at $25.4 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $25.4 million, up 17.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.3 million (down 7.31% YoY), and the FY2025 annual result was $62.6 million, down 11.85% from the prior year.
- Operating Expenses advanced to $25.4 million in Q1 2026 per GREEL's latest filing, from $9.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $145.1 million in Q4 2022 and troughed at $9.8 million in Q4 2025.
- A 5-year average of $33.5 million and a median of $21.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 4708.07% in 2022, then tumbled 90.27% in 2023.
- A 5-year view of Operating Expenses shows it stood at $145.1 million in 2022, then plunged by 90.27% to $14.1 million in 2023, then grew by 14.13% to $16.1 million in 2024, then tumbled by 39.33% to $9.8 million in 2025, then jumped by 159.85% to $25.4 million in 2026.
- Business Quant data shows GREEL's Operating Expenses at $25.4 million in Q1 2026, $9.8 million in Q4 2025, and $14.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 330.51 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 81.75 Mn |
| 10 | Greenidge Generation Holdings | - | - | 7.83 Mn | 25.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.39 Mn |
| Dec 31, 2025 | 9.77 Mn |
| Sep 30, 2025 | 14.92 Mn |
| Jun 30, 2025 | 16.26 Mn |
| Mar 31, 2025 | 21.63 Mn |
| Dec 31, 2024 | 16.10 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 16.82 Mn |
| Mar 31, 2024 | 21.06 Mn |
| Dec 31, 2023 | 14.11 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 21.35 Mn |
| Mar 31, 2023 | 20.82 Mn |
| Dec 31, 2022 | 145.06 Mn |
| Sep 30, 2022 | 40.49 Mn |
| Jun 30, 2022 | 109.64 Mn |
| Mar 31, 2022 | 27.94 Mn |
| Dec 31, 2021 | -3.15 Mn |
| Sep 30, 2021 | 47.62 Mn |
| Jun 30, 2021 | 10.89 Mn |