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Ryerson Holding vs Greenwave Technology Solutions: RYZ and GWAV compared
Ryerson Holding is the larger company: $2.2B of revenue in its latest quarter (Q3 2026) against $16.0M for Greenwave Technology Solutions (Q2 2026). Ryerson Holding is growing faster (+88% against +46% a year earlier). Ryerson Holding is more profitable, with an operating margin of 2.4% against -17.8%.
Where the money goes: RYZ and GWAV
Ryerson Holding (RYZ) · Q3 2026
Ryerson Holding, Q3 2026: revenue $2.2B (+88% year over year), operating margin 2.4%, net earnings $32.5M, operating cash flow −$18.2M. The chart follows the revenue to costs, profit and cash.
Greenwave Technology Solutions (GWAV) · Q2 2026
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 follows the revenue to costs, profit and cash.
| Ryerson Holding (RYZ) | Greenwave Technology Solutions (GWAV) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $2.2B | $16.0M |
| Revenue growth, Y/Y | +88% | +46% |
| Gross margin | 17.2% | — |
| Operating margin | 2.4% | -17.8% |
| Net earnings | $32.5M | −$3.2M |
| Net margin | 1.5% | -20.3% |
| Operating cash flow | −$18.2M | −$370K |
| Market value | $1.5B | — |
| Analysts’ mean target | $33.00 | — |
Where the revenue comes from
Greenwave Technology Solutions
- Scrap Metal Recycling: $14.5M (90%)
- Hauling: $1.5M (10%)
- Other: $22K (0%)
Questions
Which is bigger, Ryerson Holding or Greenwave Technology Solutions?
Ryerson Holding is the larger company: $2.2B of revenue in its latest quarter (Q3 2026) against $16.0M for Greenwave Technology Solutions (Q2 2026).
Is Ryerson Holding or Greenwave Technology Solutions growing faster?
Ryerson Holding is growing faster (+88% against +46% a year earlier).
Which is more profitable, Ryerson Holding or Greenwave Technology Solutions?
Ryerson Holding is more profitable, with an operating margin of 2.4% against -17.8%.
More: Ryerson Holding earnings · how Ryerson Holding makes money · Greenwave Technology Solutions earnings · how Greenwave Technology Solutions makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Aug 18, 2026). Fiscal quarters can end on different dates. Not investment advice.