Greenwave Technology Solutions (GWAV) Cost of Revenue (2014 - 2026)
Greenwave Technology Solutions' Cost of Revenue was $9.94 million in Q2 2026, up 11.9% from $8.88 million a year earlier and up 5.0% from the prior quarter.
Greenwave Technology Solutions (GWAV) Cost of Revenue (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Greenwave Technology Solutions' Cost of Revenue was $41.41 million through Jun 30, 2026, up 86.4% year-over-year; for FY2025, it was $34.79 million, up 71.1% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 670.3% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $20.33 million in FY2024 (-4.1%), $21.18 million in FY2023 (-1.6%), $21.54 million in FY2022 (+311.1%) and $5.24 million in FY2021.
- Quarterly Cost of Revenue has moved between $3.85 million (Q1 2025) and $12.83 million (Q4 2025) over five years.
- Compared with a year earlier, Cost of Revenue has increased for five straight quarters, with growth averaging 54.4% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2025 (growth of 183.5%); the worst was Q1 2025 (a decline of 26.6%).
- Per Business Quant data, GWAV's Cost of Revenue in the three quarters before Q2 2026 was $9.46 million (Q1 2026), $12.83 million (Q4 2025) and $9.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 1.39 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 2.09 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 3.40 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 4.84 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 953.76 Mn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 8.36 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | - |
| 10 | Greenwave Technology Solutions | 1.92 Mn | -2.59 Mn | 6.06 Mn | 9.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94 Mn |
| Mar 31, 2026 | 9.46 Mn |
| Dec 31, 2025 | 12.83 Mn |
| Sep 30, 2025 | 9.18 Mn |
| Jun 30, 2025 | 8.88 Mn |
| Mar 31, 2025 | 3.85 Mn |
| Dec 31, 2024 | 4.53 Mn |
| Sep 30, 2024 | 4.96 Mn |
| Jun 30, 2024 | 5.60 Mn |
| Mar 31, 2024 | 5.24 Mn |
| Dec 31, 2023 | 5.50 Mn |
| Sep 30, 2023 | 5.25 Mn |
| Jun 30, 2023 | 6.12 Mn |
| Mar 31, 2023 | 4.32 Mn |
| Dec 31, 2022 | 4.38 Mn |
| Sep 30, 2022 | 4.86 Mn |
| Jun 30, 2022 | 6.64 Mn |
| Mar 31, 2022 | 5.66 Mn |
| Dec 31, 2021 | 5.24 Mn |
| Mar 31, 2021 | 297.00 |
Greenwave Technology Solutions Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GWAV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GWAV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GWAV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();