Growth Metrics

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

Greenwave Technology Solutions has reported Cost of Revenue over the past 10 years, most recently at $9.2 million for Q3 2025.

  • Quarterly results put Cost of Revenue at $9.2 million for Q3 2025, up 85.05% from a year ago — trailing twelve months through Sep 2025 was $26.4 million (up 24.13% YoY), and the annual figure for FY2024 was $20.3 million, down 4.05%.
  • Cost of Revenue for Q3 2025 was $9.2 million at Greenwave Technology Solutions, up from $8.9 million in the prior quarter.
  • Over the last five years, Cost of Revenue for GWAV hit a ceiling of $9.2 million in Q3 2025 and a floor of $297.0 in Q1 2021.
  • Median Cost of Revenue over the past 5 years was $5.2 million (2024), compared with a mean of $5.0 million.
  • Biggest five-year swings in Cost of Revenue: soared 1904607.07% in 2022 and later fell 26.59% in 2025.
  • Greenwave Technology Solutions' Cost of Revenue stood at $8207.0 in 2021, then skyrocketed by 53267.43% to $4.4 million in 2022, then rose by 25.56% to $5.5 million in 2023, then decreased by 17.66% to $4.5 million in 2024, then surged by 102.7% to $9.2 million in 2025.
  • The last three reported values for Cost of Revenue were $9.2 million (Q3 2025), $8.9 million (Q2 2025), and $3.8 million (Q1 2025) per Business Quant data.