Greenidge Generation Holdings (GREE) Financial Statements & Analysis

Greenidge Generation Holdings (GREE) Income Statement

Greenidge Generation Holdings reported revenue of $58.78M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 1.3% from $59.53M a year earlier. Net income was $5.29M, a net margin of 9.0%. Gross margin was 15.3% and operating margin -26.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $3.38M, down 72.0% from the same quarter a year earlier.

Greenidge Generation Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Greenidge Generation Holdings Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	58.78	59.53	70.39	70.39	89.98	89.98	97.33	97.33	20.11	4.44	69.55	60.12
Cost of Revenue	49.77	41.11	51.01	51.01	61.55	61.55	28.39	28.39	12.60	4.90	57.60	47.40
Gross Profit	9.01	18.43	19.38	19.38	28.43	28.43	68.94	68.94	7.51	-0.46	11.95	12.72
Operating Expenses
Research & Development	0.00	0.00	0.00	-	0.00	-	0.00	-	3.66	4.08	2.78	3.03
Selling, General & Administrative	12.50	17.29	26.17	26.17	36.95	35.23	27.16	23.99	5.58	5.83	9.23	11.12
Operating Expenses	24.66	31.22	36.28	42.18	261.59	87.06	36.01	36.15	10.15	7.51	12.01	14.15
Operating Income	-15.65	-12.79	-16.89	-22.80	-233.16	-58.64	32.78	32.78	-2.63	-7.97	-0.07	-1.44
Other Income/Expense
Interest Income	0.00	0.00	0.00	-	0.00	-	0.00	-	0.00	0.00	0.97	0.60
Interest Expense	4.03	7.08	12.66	12.66	21.58	21.58	3.71	3.71	0.66	0.67	0.00	0.00
Other Income/Expense	20.46	0.02	-12.15	6.42	-21.58	-174.53	-3.28	0.43	-0.66	-0.50	-9.04	0.52
Income
Income Before Tax	4.81	-19.85	-29.04	-29.04	-254.74	-254.74	29.50	29.50	-3.29	-8.48	-9.10	-0.92
Income Tax Expense	-0.48	-0.07	0.00	-	15.00	15.00	7.90	7.90	0.00	0.00	0.00	0.60
Net Income	5.29	-19.79	-29.51	-29.51	-269.74	-271.07	-44.48	-44.48	-3.29	-8.48	-9.10	-1.53
Net Income - Continuous Operations	5.29	-19.79	-29.51	-29.04	-269.74	-269.74	-44.48	21.60	-3.29	-8.48	-9.10	-1.53
Net Income - Discontinued Operations	-	-	-	-0.47	-	-1.33	-	-66.08	-	-	-	-
EBITDA	20.65	0.70	-2.78	-2.78	-6.81	-198.03	45.37	41.69	1.94	-7.68	0.57	-0.79
EBIT	8.84	-12.77	-	-16.38	-	-233.16	-	33.21	-2.63	-	-	-
Depreciation & Amortization	11.81	13.47	13.60	13.60	35.14	35.14	12.16	8.47	4.56	0.29	0.64	0.64
Earnings Per Share
Basic EPS	-	-2.00	-4.00	-4.00	-64.00	-59.00	-14.00	-14.00	-1.00	-2.00	-2.00	-
Diluted EPS	-	-2.00	-4.00	-4.00	-64.00	-59.00	-12.00	-14.00	-1.00	-2.00	-2.00	-
Basic Shares Outstanding	13.07	10.50	6.66	6.66	4.24	4.63	3.20	3.15	3.33	3.84	3.84	3.84
Diluted Shares Outstanding	13.07	10.50	6.66	6.66	4.24	4.63	3.66	3.15	3.33	3.84	3.84	3.84

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Greenidge Generation Holdings Financial Statements

What was Greenidge Generation Holdings's revenue in fiscal 2025?

Greenidge Generation Holdings reported revenue of $58.78M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 1.3% from $59.53M a year earlier.

Is Greenidge Generation Holdings profitable?

Yes. Greenidge Generation Holdings earned net income of $5.29M in fiscal 2025, a net margin of 9.0%. In fiscal 2024 it lost $19.79M.

What is Greenidge Generation Holdings's operating margin?

Greenidge Generation Holdings's operating income was −$15.65M on revenue of $58.78M in fiscal 2025, an operating margin of -26.6%, compared with -21.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition