Growth Metrics

Greenwave Technology Solutions (GWAV) Cost of Revenue (2016 - 2025)

Greenwave Technology Solutions (GWAV) has disclosed Cost of Revenue for 10 consecutive years, with $8.9 million as the latest value for Q2 2025.

  • On a quarterly basis, Cost of Revenue rose 58.68% to $8.9 million in Q2 2025 year-over-year; TTM through Jun 2025 was $22.2 million, a 2.91% increase, with the full-year FY2024 number at $20.3 million, down 4.05% from a year prior.
  • Cost of Revenue was $8.9 million for Q2 2025 at Greenwave Technology Solutions, up from $3.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $8.9 million in Q2 2025 to a low of $297.0 in Q1 2021.
  • A 5-year average of $4.7 million and a median of $5.1 million in 2024 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 1904607.07% in 2022, then fell 26.59% in 2025.
  • Greenwave Technology Solutions' Cost of Revenue stood at $17665.0 in 2021, then surged by 24694.03% to $4.4 million in 2022, then grew by 25.56% to $5.5 million in 2023, then fell by 17.66% to $4.5 million in 2024, then skyrocketed by 96.19% to $8.9 million in 2025.
  • Per Business Quant, the three most recent readings for GWAV's Cost of Revenue are $8.9 million (Q2 2025), $3.8 million (Q1 2025), and $4.5 million (Q4 2024).