Greenwave Technology Solutions (GWAV) Gross Margin (2014 - 2025)

Greenwave Technology Solutions' Gross Margin history runs 10 years deep, the most recent figure standing at 27.59% for Q3 2025.

• In Q3 2025, Gross Margin fell 1409.0% year-over-year to 27.59%; the TTM figure through Sep 2025 stood at 32.95% (down 425.0% YoY), while the FY2024 annual figure was 38.99%, down 162.0% from the prior year.
• Gross Margin was 27.59% for Q3 2025 at Greenwave Technology Solutions, up from 19.22% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2021 to a low of 19.22% in Q2 2025.
• Historically, Gross Margin has averaged 45.77% across 5 years, with a median of 38.38% in 2024.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 6618 bps in 2022, then soared 1200 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 35.3% in 2021, then fell by 23 bps to 27.07% in 2022, then soared by 44 bps to 39.07% in 2023, then grew by 18 bps to 46.25% in 2024, then slumped by 40 bps to 27.59% in 2025.
• The last three Gross Margin figures came in at 27.59% (Q3 2025), 19.22% (Q2 2025), and 47.54% (Q1 2025), per Business Quant data.