Filing Flows

Filing Flows › Industrials › Greenlane Holdings (GNLN)

Greenlane Holdings (GNLN) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Greenlane Holdings (GNLN) Q2 2026 earnings results →

Q2 2026 Revenue down 90% year over year to $82K

Greenlane Holdings made $82K in Q2 2026 (-90% Y/Y). Operating margin n/m, net loss $24.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$82K
Year over year-90%
Operating marginn/m
Net earnings−$24.8M
Operating cash flow−$2.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $82K in Q2 2026, down 90% year over year and down 82% from the previous quarter.

Gross margin was 39.0%, up 38.8 points from Q2 2025. Operating costs exceeded revenue by $3.3M, an operating margin of -4004.9%. Operating expenses grew 2% against a revenue fall of 90%. The fastest-growing cost line was General & admin (+30%). The quarter ended with a net loss of $24.8M, wider than the previous quarter's $18.2M loss. Net interest and other expense of $21.6M was the main reason.

Operating cash flow was −$2.3M. Non-cash charges added back $148K of depreciation and amortization and $500K of share-based compensation. Working capital and other items added $21.9M.

Quarterly history

Greenlane Holdings revenue by quarterGreenlane Holdings revenue by quarter$1.7MQ4 2024$1.5MQ1 2025$788KQ2 2025$737KQ3 2025$1.4MQ4 2025$448KQ1 2026$82KQ2 2026
Greenlane Holdings net earnings by quarterGreenlane Holdings net earnings by quarter−$8.8MQ4 2024−$3.9MQ1 2025−$3.2MQ2 2025−$8.9MQ3 2025−$69.6MQ4 2025−$18.2MQ1 2026−$24.8MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$82K-90%n/m−$24.8M−$2.3M
Q1 202610-QMay 15, 2026$448K-70%n/m−$18.2M−$4.8M
Q4 202510-KMar 31, 2026$1.4M-18%n/m−$69.6M−$4.5M
Q3 202510-QNov 14, 2025$737K-82%n/m−$8.9M−$3.9M
Q2 202510-QAug 14, 2025$788K-70%-413.2%−$3.2M−$400K
Q1 202510-QMay 15, 2025$1.5M-70%-236.6%−$3.9M−$3.4M
Q4 202410-KMar 21, 2025$1.7M-83%-229.1%−$8.8M−$1.5M

Charts

Greenlane Holdings: revenue growth, year over year and quarter over quarterGreenlane Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q-83%Q4 2024-70%-11%Q1 2025-70%-46%Q2 2025-82%-6%Q3 2025-18%+85%Q4 2025-70%-67%Q1 2026-90%-82%Q2 2026
Latest (Q2 2026): Y/Y -90%, Q/Q -82%.
Greenlane Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Greenlane Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Not reconciled$43.3MOther investing−$27.5MOperating cash flow−$15.5MCash drawn (+) / kept (−)−$341K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Greenlane Holdings: profit against cash, quarter by quarterGreenlane Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow−$3.8M−$4.9MQ3 2024−$8.8M−$1.5MQ4 2024−$3.9M−$3.4MQ1 2025−$3.2M−$400KQ2 2025−$8.9M−$3.9MQ3 2025−$69.6M−$4.5MQ4 2025−$18.2M−$4.8MQ1 2026−$24.8M−$2.3MQ2 2026
Latest (Q2 2026): Net income −$24.8M, Operating cash flow −$2.3M.
Greenlane Holdings: diluted shares by fiscal year (split-adjusted)Greenlane Holdings: diluted shares by fiscal year (split-adjusted)143MFY202023MFY202123MFY20221MFY20231MFY20247MFY2025
-94.8% since FY2020: buybacks shrank the count; earlier years scaled for the 3-for-1 split before FY2024, 4-for-1 split before FY2022.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Greenlane Holdings

Founded in 2005, Greenlane is a public company whose primary strategic focus is a digital asset treasury strategy centered on BERA. We also continue to operate a reduced-scale wholesale and distribution business through an asset-light drop-ship model. In October 2025, we undertook a substantial strategic transition from a traditional wholesale and distribution operating model to a digital asset treasury strategy centered on BERA, the native digital asset of the layer-1 blockchain protocol known as Berachain (“Berachain”). While we continue to operate a scaled-down wholesale / distribution business, our primary capital allocation focus has shifted to the acquisition, staking, validator participation and strategic deployment of digital assets.

In its own words, from its 10-K, filed Mar 31, 2026.

Greenlane Holdings against its Wholesale-Durable Goods, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -90% against the peers' median +2%.

CompanyQuarterRevenueY/YOp. margin
GNLN Greenlane HoldingsQ2 2026$82K-90%n/m
CNM Core & MainQ2 FY27$2.1B+2%10.6%
AENT Alliance Entertainment HoldingQ4 FY26$268M+18%-1.5%
BGMS Bio Green Med SolutionQ2 2026$357K—-117.1%

Source: Greenlane Holdings 10-Q on SEC EDGAR · CIK 1743745 · Wholesale-Durable Goods, NEC

More on GNLN

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

Compare GNLN with

中文版:Greenlane Holdings(GNLN)财报

Español · Français