Greenwave Technology Solutions (GWAV) Operating Expenses (2014 - 2025)
Greenwave Technology Solutions (GWAV) recorded quarterly Operating Expenses of $8.4 million in Q3 2025, up 24.42% quarter-over-quarter from $6.8 million in Q2 2025, and up 5.44% on a YoY basis from $8.0 million in Q3 2024.
Greenwave Technology Solutions (GWAV) Operating Expenses (2014 - 2025) Analysis & Trends
Greenwave Technology Solutions' Operating Expenses history runs 12 years deep, the most recent figure standing at $8.4 million for Q3 2025.
- In Q3 2025, Operating Expenses rose 5.44% year-over-year to $8.4 million; the TTM figure through Sep 2025 stood at $44.5 million (up 44.31% YoY), while the FY2024 annual figure was $47.3 million, up 38.98% from the prior year.
- Operating Expenses was $8.4 million for Q3 2025 at Greenwave Technology Solutions, up from $6.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.9 million in Q4 2024 to a low of $302978.0 in Q1 2021.
- Historically, Operating Expenses has averaged $7.0 million across 5 years, with a median of $6.1 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 1372.7% in 2022, then slumped 51.38% in 2024.
- A 5-year view of Operating Expenses shows it stood at $4.6 million in 2021, then soared by 75.47% to $8.1 million in 2022, then plunged by 31.32% to $5.5 million in 2023, then jumped by 296.85% to $21.9 million in 2024, then plunged by 61.65% to $8.4 million in 2025.
- The last three Operating Expenses figures came in at $8.4 million (Q3 2025), $6.8 million (Q2 2025), and $7.4 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 400.55 Mn |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 518.60 Mn |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 207.14 Mn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 452.47 Mn |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | 35.14 Mn |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | -22.00 Mn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 4.60 Mn |
| 10 | Greenwave Technology Solutions | 2.02 Mn | 569,165.06 | 3.50 Mn | 8.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 8.42 Mn |
| Jun 30, 2025 | 6.76 Mn |
| Mar 31, 2025 | 7.37 Mn |
| Dec 31, 2024 | 21.95 Mn |
| Sep 30, 2024 | 7.98 Mn |
| Jun 30, 2024 | 11.25 Mn |
| Mar 31, 2024 | 6.08 Mn |
| Dec 31, 2023 | 5.53 Mn |
| Sep 30, 2023 | 16.42 Mn |
| Jun 30, 2023 | 5.39 Mn |
| Mar 31, 2023 | 6.66 Mn |
| Dec 31, 2022 | 8.05 Mn |
| Sep 30, 2022 | 5.78 Mn |
| Jun 30, 2022 | 5.03 Mn |
| Mar 31, 2022 | 4.46 Mn |
| Dec 31, 2021 | 4.59 Mn |
| Sep 30, 2021 | 395,312.00 |
| Jun 30, 2021 | 499,365.00 |
| Mar 31, 2021 | 302,978.00 |
| Dec 31, 2020 | 469,535.00 |