Greenwave Technology Solutions, Inc.
GWAV Nasdaq· Wholesale-Metals Service Centers & Of Fices
Last close · Oct 26, 2026
$2.27
KIRA · Stoqly’s AI analyst, in plain words
- Greenwave Technology Solutions, Inc. had $46.7M of revenue in fiscal 2025, up 40.1% on the year before. Over five years, revenue changed +481.8% a year on average.
- Its operating margin was −42.5%, up 60.4 pts: of every 100 in sales, about −42 is left after running the business.
- Greenwave Technology Solutions, Inc. lost $21.6M in fiscal 2025.
- Greenwave Technology Solutions, Inc. owes $12.1M more than it holds in cash.
Market cap
$1.9M
P/E
—
Revenue
$46.7M
Net income
−$21.6M
Free cash flow
—
Operating margin
−42.5%
Greenwave Technology Solutions, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+40.1%
Yes. Sales grew 40.1% last year.
Does it make a profit?
−46.3%
No. It lost money last year.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Greenwave Technology Solutions, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Jun 15, 2026
- Legal name
- Greenwave Technology Solutions, Inc.
- CIK
- 0001589149
Greenwave Technology Solutions, Inc. · GWAV
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.1M | $34.0M | $35.7M | $33.3M | $46.7M |
| Revenue growth | 115,585.7% | 319.6% | 5.0% | −6.6% | 40.1% |
| Gross margin | 35.3% | 36.6% | 40.6% | 39.0% | 25.4% |
| Operating margin | −36.2% | −32.0% | −54.7% | −102.8% | −42.5% |
| Net income | −$1.6M | −$35.0M | −$26.9M | −$23.9M | −$21.6M |
| Net margin | −20.2% | −103.1% | −75.5% | −71.8% | −46.3% |
| Diluted EPS | $0.36 | −$9.71 | −$385.81 | −$601.70 | −$41.21 |
| Cash | |||||
| Cash from operations | −$2.5M | −$2.6M | −$1.8M | −$17.3M | −$6.0M |
| Capital expenditure | $0.2M | $5.9M | $1.8M | — | — |
| Free cash flow | −$2.7M | −$8.5M | −$3.6M | — | — |
| FCF margin | −33.4% | −25.1% | −10.1% | — | — |
| Share count change | 76.2% | −19.8% | −98.7% | 23.8% | 453.2% |
| Debt and strength | |||||
| Cash and short-term investments | $3.0M | $0.8M | $1.5M | $2.6M | $0.9M |
| Debt incl. finance leases | $0.3M | $7.0M | $26.1M | $14.5M | $13.0M |
| Shareholders' equity | −$23.3M | $15.3M | −$4.5M | $37.0M | $25.9M |
| Current ratio | 0.1x | 0.1x | 0.1x | 0.4x | 0.2x |
| Interest coverage | −0.3x | −0.3x | −2.2x | −6.4x | −7.0x |
| Returns and quality | |||||
| Return on capital | — | −40.0% | −76.7% | −55.4% | −41.2% |
| Return on equity | — | — | −495.0% | −147.2% | −68.7% |
| Return on tangible equity | — | — | — | −501.7% | −205.6% |
| Piotroski F-score | 3 | 5 | 5 | 4 | 2 |
| Altman Z'' | −36.0 | −32.4 | −36.1 | −29.2 | −34.4 |
Insiders bought, 12 months
$8.0M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Greenwave Technology Solutions, Inc. · GWAV
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.27 a share, the company is worth $1.9M.
Source: SEC EDGAR XBRL filings (CIK 0001589149). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.