Filing Flows › Greenlane Holdings (GNLN) › Q1 2026
Greenlane Holdings (GNLN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Greenlane Holdings (GNLN) reported revenue of $448K for the first quarter 2026 (Q1 2026), -70% from a year earlier and -67% from the quarter before.
Greenlane Holdings, Q1 2026: revenue $448K (-70% year over year), net loss $18.2M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $448K | -67% | -70% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$18.2M | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $448K in Q1 2026, down 70% year over year and down 67% from the previous quarter.
Gross margin was 48.4%, down 0.6 points from Q1 2025. Operating costs exceeded revenue by $5.6M, an operating margin of -1243.8%. Operating expenses grew 38% against a revenue fall of 70%. The fastest-growing cost line was General & admin (+41%). The quarter ended with a net loss of $18.2M, narrower than the previous quarter's $69.6M loss. Net interest and other expense of $12.6M was the main reason.
Operating cash flow was −$4.8M. Non-cash charges added back $105K of depreciation and amortization and $500K of share-based compensation. Working capital and other items added $12.8M.
Questions
What was Greenlane Holdings' revenue in the first quarter 2026?
Greenlane Holdings (GNLN) reported revenue of $448K for the first quarter 2026 (Q1 2026), -70% from a year earlier and -67% from the quarter before.
Source: Greenlane Holdings 10-Q on SEC EDGAR.