Greenwave Technology Solutions (GWAV) Operating Expenses (2014 - 2026)
Greenwave Technology Solutions (GWAV) posted quarterly Operating Expenses of $7.9 million for Q1 2026, up 7.06% year-over-year from $7.4 million in Q1 2025, and down 13.75% quarter-over-quarter from $9.1 million in Q4 2025.
Greenwave Technology Solutions (GWAV) Operating Expenses (2014 - 2026) Analysis & Trends
Greenwave Technology Solutions (GWAV) has reported Operating Expenses for 13 consecutive years, with $7.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 7.06% year-over-year to $7.9 million; the TTM figure through Mar 2026 stood at $32.2 million (down 33.64% YoY), while the FY2025 annual figure was $31.7 million, down 32.92% from the prior year.
- Operating Expenses declined to $7.9 million in Q1 2026 per GWAV's latest filing, from $9.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.9 million in Q4 2024 and bottomed at $4.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $8.5 million across 5 years, with a median of $7.4 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 1372.7% — and 2025, when it tumbled 58.33%.
- Greenwave Technology Solutions' Operating Expenses stood at $8.1 million in 2022, then tumbled by 31.32% to $5.5 million in 2023, then soared by 296.85% to $21.9 million in 2024, then sank by 58.33% to $9.1 million in 2025, then slipped by 13.75% to $7.9 million in 2026.
- Business Quant data shows GWAV's Operating Expenses at $7.9 million in Q1 2026, $9.1 million in Q4 2025, and $8.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 5.43 Bn |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 448.00 Mn |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 538.77 Mn |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 214.57 Mn |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 433.83 Mn |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 523.78 Mn |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | 201,005.00 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 66.50 Mn |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | 4.00 Mn |
| 10 | Greenwave Technology Solutions | 2.90 Mn | 2.25 Mn | 6.06 Mn | 8.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.89 Mn |
| Dec 31, 2025 | 9.15 Mn |
| 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 |