Filing Flows › Greenwave Technology Solutions (GWAV) › Q2 2026 › vs Q1 2026
Greenwave Technology Solutions (GWAV) Q2 2026 vs Q1 2026 (quarter over quarter)
Greenwave Technology Solutions's revenue fell $280K (-2%) from $16.3M in Q1 2026 to $16.0M in Q2 2026. The biggest changes: Hauling −$607K (-29%); Scrap Metal Recycling +$324K (+2%); Other +$2K (+13%).
Greenwave Technology Solutions, Q2 2026: revenue $16.0M (+46% year over year), operating margin -17.8%, net loss $3.2M, operating cash flow −$370K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Scrap Metal Recycling | $14.5M | $14.1M | $324K | +2% |
| Hauling | $1.5M | $2.1M | −$607K | -29% |
| Other | $22K | $19K | $2K | +13% |
| Revenue | $16.0M | $16.3M | −$280K | -2% |
| Net loss | $3.2M | $1.5M | $1.7M | +115% |
| Costs & expenses | $19.2M | $17.8M | $1.5M | +8% |
| Operating costs | $18.8M | $17.3M | $1.5M | +9% |
| Interest & other, net | $395K | $431K | −$37K | -8% |
| Cost of revenue | $9.9M | $9.5M | $475K | +5% |
| Operating expenses | $8.9M | $7.9M | $1.0M | +13% |
| Operating cash sources | $3.2M | $1.5M | $1.7M | +115% |
| Depreciation & amortization | $2.2M | $2.2M | $15K | +0.7% |
| Working capital & other | $654K | $621K | $33K | +5% |
| Cash used in operations | $370K | −$1.3M | $1.7M | — |
| Net loss absorbed | $3.2M | $1.5M | $1.7M | +115% |
Questions
How much did Greenwave Technology Solutions's revenue grow quarter over quarter in Q2 2026?
Greenwave Technology Solutions's revenue fell $280K (-2%) from $16.3M in Q1 2026 to $16.0M in Q2 2026.
What drove Greenwave Technology Solutions's revenue change in Q2 2026?
Hauling −$607K (-29%); Scrap Metal Recycling +$324K (+2%); Other +$2K (+13%).