Greenwave Technology Solutions (GWAV) Cost of Revenue (2014 - 2025)

Greenwave Technology Solutions' Cost of Revenue history runs 10 years deep, the most recent figure standing at $9.2 million for Q3 2025.

• In Q3 2025, Cost of Revenue rose 85.05% year-over-year to $9.2 million; the TTM figure through Sep 2025 stood at $26.4 million (up 24.13% YoY), while the FY2024 annual figure was $20.3 million, down 4.05% from the prior year.
• Cost of Revenue was $9.2 million for Q3 2025 at Greenwave Technology Solutions, up from $8.9 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $9.2 million in Q3 2025 to a low of $297.0 in Q1 2021.
• Historically, Cost of Revenue has averaged $5.0 million across 5 years, with a median of $5.2 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 1904607.07% in 2022, then retreated 26.59% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $8207.0 in 2021, then soared by 53267.43% to $4.4 million in 2022, then advanced by 25.56% to $5.5 million in 2023, then retreated by 17.66% to $4.5 million in 2024, then jumped by 102.7% to $9.2 million in 2025.
• The last three Cost of Revenue figures came in at $9.2 million (Q3 2025), $8.9 million (Q2 2025), and $3.8 million (Q1 2025), per Business Quant data.