Greenidge Generation Holdings (GREEL) Operating Expenses (2020 - 2026)

Greenidge Generation Holdings (GREEL) posted quarterly Operating Expenses of $25.4 million for Q1 2026, up 17.35% YoY from $21.6 million in Q1 2025, and up 159.85% sequentially from $9.8 million in Q4 2025.

Greenidge Generation Holdings (GREEL) Operating Expenses (2020 - 2026) Analysis & Trends

Greenidge Generation Holdings has disclosed Operating Expenses across 7 years of filings, most recently posting $25.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 17.35% year-over-year to $25.4 million; the TTM figure through Mar 2026 stood at $66.3 million (down 7.31% YoY), while the FY2025 annual figure was $62.6 million, down 11.85% from the prior year.
  • Operating Expenses improved to $25.4 million in Q1 2026, from $9.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for GREEL reached as high as $145.1 million in Q4 2022 and fell as low as $9.8 million in Q4 2025.
  • The 5-year median for Operating Expenses is $21.1 million (2024), against an average of $33.5 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 4708.07% — and 2023, when it sank 90.27%.
  • A 5-year view of Operating Expenses shows it stood at $145.1 million in 2022, then slumped by 90.27% to $14.1 million in 2023, then grew by 14.13% to $16.1 million in 2024, then sank by 39.33% to $9.8 million in 2025, then jumped by 159.85% to $25.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $25.4 million, $9.8 million, and $14.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 13.47 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 10.43 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.29 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 656.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 4.45 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 330.51 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 242.35 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 81.75 Mn
10 Greenidge Generation Holdings - - 7.83 Mn 25.39 Mn

Historic Data

Download Data
DateValue
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