Greenwave Technology Solutions (GWAV) Gross Margin (2014 - 2026)
Greenwave Technology Solutions (GWAV) posted quarterly Gross Margin of 41.87% for Q1 2026, down 567.0% year-over-year from 8.97% in Q1 2025, and up 135.48% quarter-over-quarter from 17.78% in Q4 2025.
Greenwave Technology Solutions (GWAV) Gross Margin (2014 - 2026) Analysis & Trends
Greenwave Technology Solutions (GWAV) has reported Gross Margin for 11 consecutive years, with 41.87% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 567.0% year-over-year to 41.87%; the TTM figure through Mar 2026 stood at 27.36% (down 1374.0% YoY), while the FY2025 annual figure was 25.45%, down 1354.0% from the prior year.
- Gross Margin grew to 41.87% in Q1 2026 per GWAV's latest filing, from 17.78% in the prior quarter.
- Across five years, Gross Margin topped out at 52.27% in Q1 2023 and bottomed at 17.78% in Q4 2025.
- Historically, Gross Margin has averaged 36.08% across 5 years, with a median of 37.98% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 6618 bps — and 2023, when it surged 1200 bps.
- Greenwave Technology Solutions' Gross Margin stood at 27.07% in 2022, then surged by 44 bps to 39.07% in 2023, then climbed by 18 bps to 46.25% in 2024, then slumped by 62 bps to 17.78% in 2025, then surged by 135 bps to 41.87% in 2026.
- Business Quant data shows GWAV's Gross Margin at 41.87% in Q1 2026, 17.78% in Q4 2025, and 27.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 40.83% |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 42.14% |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 42.25% |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 35.09% |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 19.81% |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 32.88% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -23.58% |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 44.07% |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -19.43% |
| 10 | Greenwave Technology Solutions | 2.90 Mn | 2.25 Mn | 6.06 Mn | 37.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 100.00% |