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
DateValue
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