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Greenlane Holdings (GNLN) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

Greenlane Holdings (GNLN) reported revenue of $737K for the third quarter 2025 (Q3 2025), -82% from a year earlier and -6% from the quarter before.

Revenue$737K
Year over year-82%
Quarter over quarter-6%
Operating margin—
Net earnings−$8.9M

Greenlane Holdings, Q3 2025: revenue $737K (-82% year over year), net loss $8.9M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$737K-6%-82%
Operating profit−$9.1M——
Net earnings−$8.9M——
Operating cash flow−$3.9M——

What changed

Revenue was $737K in Q3 2025, down 82% year over year and down 6% from the previous quarter.

Operating costs exceeded revenue by $9.1M, an operating margin of -1234.7%. The fastest-growing cost line was Other operating costs (+14%). The quarter ended with a net loss of $8.9M, wider than the previous quarter's $3.2M loss.

Operating cash flow was −$3.9M. Non-cash charges added back $87K of depreciation and amortization. Working capital and other items added $4.9M. Capital expenditures of $7K exceeded it, leaving free cash flow of −$3.9M.

Questions

What was Greenlane Holdings' revenue in the third quarter 2025?

Greenlane Holdings (GNLN) reported revenue of $737K for the third quarter 2025 (Q3 2025), -82% from a year earlier and -6% from the quarter before.

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Source: Greenlane Holdings 10-Q on SEC EDGAR.