Greenwave Technology Solutions (GWAV) Operating Income (2014 - 2025)

Greenwave Technology Solutions (GWAV) recorded quarterly Operating Income of -$4.9 million in Q3 2025, down 5.74% quarter-over-quarter from -$4.7 million in Q2 2025, and down 10.86% on a YoY basis from -$5.5 million in Q3 2024.

Greenwave Technology Solutions (GWAV) Operating Income (2014 - 2025) Analysis & Trends

Greenwave Technology Solutions' Operating Income history runs 12 years deep, the most recent figure standing at -$4.9 million for Q3 2025.

  • In Q3 2025, Operating Income fell 10.86% year-over-year to -$4.9 million; the TTM figure through Sep 2025 stood at -$31.5 million (down 72.97% YoY), while the FY2024 annual figure was -$34.3 million, down 75.57% from the prior year.
  • Operating Income was -$4.9 million for Q3 2025 at Greenwave Technology Solutions, down from -$4.7 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$197695.0 in Q1 2022 to a low of -$18.1 million in Q4 2024.
  • Historically, Operating Income has averaged -$4.3 million across 5 years, with a median of -$2.8 million in 2024.
  • Biggest YoY gain for Operating Income was 68.82% in 2023; the steepest drop was 878.87% in 2023.
  • A 5-year view of Operating Income shows it stood at -$1.7 million in 2021, then sank by 271.25% to -$6.4 million in 2022, then jumped by 68.82% to -$2.0 million in 2023, then tumbled by 800.93% to -$18.1 million in 2024, then surged by 72.76% to -$4.9 million in 2025.
  • The last three Operating Income figures came in at -$4.9 million (Q3 2025), -$4.7 million (Q2 2025), and -$3.9 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -181.94 Mn
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 364.08 Mn
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 118.94 Mn
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 4.86 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 -34.41 Mn
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 1.11 Bn
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -7.48 Mn
10 Greenwave Technology Solutions 2.02 Mn 569,165.06 3.50 Mn -4.92 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 -4.92 Mn
Jun 30, 2025 -4.65 Mn
Mar 31, 2025 -3.88 Mn
Dec 31, 2024 -18.05 Mn
Sep 30, 2024 -4.44 Mn
Jun 30, 2024 -8.96 Mn
Mar 31, 2024 -2.81 Mn
Dec 31, 2023 -2.00 Mn
Sep 30, 2023 -13.49 Mn
Jun 30, 2023 -2.09 Mn
Mar 31, 2023 -1.94 Mn
Dec 31, 2022 -6.43 Mn
Sep 30, 2022 -3.29 Mn
Jun 30, 2022 -963,755.00
Mar 31, 2022 -197,695.00
Dec 31, 2021 -1.73 Mn
Sep 30, 2021 -395,258.00
Jun 30, 2021 -499,286.00
Mar 31, 2021 -301,748.00
Dec 31, 2020 -466,170.00