Filing Flows › Greenwave Technology Solutions (GWAV) › Q1 2026 › vs Q4 2025
Greenwave Technology Solutions (GWAV) Q1 2026 vs Q4 2025 (quarter over quarter)
Greenwave Technology Solutions's revenue rose $665K (+4%) from $15.6M in Q4 2025 to $16.3M in Q1 2026. The biggest changes: Scrap Metal Recycling +$1.7M (+14%); Hauling −$1.1M (-33%); Other +$442 (+2%).
Greenwave Technology Solutions, Q1 2026: revenue $16.3M (+122% year over year), operating margin -6.6%, net loss $1.5M, operating cash flow $1.3M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Scrap Metal Recycling | $14.1M | $12.4M | $1.7M | +14% |
| Hauling | $2.1M | $3.2M | −$1.1M | -33% |
| Other | $19K | $19K | $442 | +2% |
| Revenue | $16.3M | $15.6M | $665K | +4% |
| Net loss | $1.5M | $6.7M | −$5.2M | -78% |
| Costs & expenses | $17.8M | $22.3M | −$4.6M | -20% |
| Operating costs | $17.3M | $22.0M | −$4.6M | -21% |
| Interest & other, net | $431K | $366K | $65K | +18% |
| Income tax | $1 | $0 | $1 | — |
| Cost of revenue | $9.5M | $12.8M | −$3.4M | -26% |
| Operating expenses | $7.9M | $9.1M | −$1.3M | -14% |
| Operating cash sources | $2.8M | $6.6M | −$3.8M | -57% |
| Depreciation & amortization | $2.2M | $2.2M | −$30K | -1% |
| Working capital & other | $621K | $4.4M | −$3.8M | -86% |
| Net loss absorbed | $1.5M | $6.7M | −$5.2M | -78% |
| Operating cash flow | $1.3M | −$115K | $1.4M | — |
Questions
How much did Greenwave Technology Solutions's revenue grow quarter over quarter in Q1 2026?
Greenwave Technology Solutions's revenue rose $665K (+4%) from $15.6M in Q4 2025 to $16.3M in Q1 2026.
What drove Greenwave Technology Solutions's revenue change in Q1 2026?
Scrap Metal Recycling +$1.7M (+14%); Hauling −$1.1M (-33%); Other +$442 (+2%).