Greenwave Technology Solutions (GWAV) Gross Margin (2014 - 2026)
Greenwave Technology Solutions' Gross Margin was 37.88% in Q2 2026, up 18.67 percentage points from 19.22% a year earlier but down 3.99 percentage points from the prior quarter.
Greenwave Technology Solutions (GWAV) Gross Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Greenwave Technology Solutions' Gross Margin was 31.62% through Jun 30, 2026, down 5.37 percentage points year-over-year; for FY2025, it was 25.45%, down 13.54 percentage points from FY2024.
- Gross Margin shows a five-year change of -56.13 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 38.99% in FY2024 (-1.62 pp), 40.61% in FY2023 (+3.99 pp), 36.61% in FY2022 (+1.30 pp) and 35.31% in FY2021 (-46.26 pp).
- Quarterly Gross Margin has moved between 17.78% (Q4 2025) and 100.00% (Q3 2021) over five years.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -2.14 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2026 (a gain of 18.67 percentage points); the worst was Q3 2022 (a drop of 66.18 percentage points).
- Per Business Quant data, GWAV's Gross Margin in the three quarters before Q2 2026 was 41.87% (Q1 2026), 17.78% (Q4 2025) and 27.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | - |
| 10 | Greenwave Technology Solutions | 2.06 Mn | -2.45 Mn | 6.06 Mn | 37.88% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.88% |
| Mar 31, 2026 | 41.87% |
| Dec 31, 2025 | 17.78% |
| Sep 30, 2025 | 27.59% |
| Jun 30, 2025 | 19.22% |
| Mar 31, 2025 | 47.54% |
| Dec 31, 2024 | 46.25% |
| Sep 30, 2024 | 41.68% |
| Jun 30, 2024 | 28.98% |
| Mar 31, 2024 | 38.38% |
| Dec 31, 2023 | 39.07% |
| Sep 30, 2023 | 35.82% |
| Jun 30, 2023 | 35.03% |
| Mar 31, 2023 | 52.27% |
| Dec 31, 2022 | 27.07% |
| Sep 30, 2022 | 33.82% |
| Jun 30, 2022 | 37.98% |
| Mar 31, 2022 | 42.98% |
| Dec 31, 2021 | 35.30% |
| Sep 30, 2021 | 100.00% |
Greenwave Technology Solutions Gross Margin 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=gross-margin&ticker=GWAV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=GWAV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();