What is Greenidge Genera's earnings per share (EPS)?

Greenidge Genera (GREEL) reported diluted earnings per share of $0.34 for fiscal year 2025. This represents a 118.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Greenidge Genera Financials

GREEL

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Greenidge Genera (GREEL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GREEL FY2025 2026-04-22

Improvement in reported earnings came mainly from cost cuts and balance-sheet reshaping, while core cash generation remained weak.

FY2025’s net profit of $5.3M sits beside an operating loss of -$3.8M, so the year’s accounting profit did not come from the basic business. That reading is reinforced by operating cash flow staying negative at -$15.0M even as cash ended higher, which points to asset sales or other non-operating items doing the heavy lifting.

Across FY2023 to FY2025, revenue kept shrinking, but SG&A cuts from $26.2M to $12.5M narrowed the operating loss much faster than sales fell. That pattern suggests cost discipline, not volume growth, is the main reason margins look less strained.

The balance sheet became less burdened by long-term borrowing, with long-term debt falling from $68.1M to $43.1M. But near-term liquidity tightened as the current ratio fell to 0.6x, implying more obligations were due sooner even as total leverage eased.

Financial Health Signals

Financial Profile 19/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Greenidge Genera's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Greenidge Genera has an operating margin of -6.5%, meaning the company retains $-6 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -19.2% the prior year.

Growth

Greenidge Genera's revenue declined 1.3% year-over-year, from $59.5M to $58.8M. This contraction results in a growth score of 19/100.

Leverage

Greenidge Genera carries a low D/E ratio of -0.93, meaning only $-0.93 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Greenidge Genera's current ratio of 0.55 is below the typical benchmark, resulting in a score of 5/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Neutral

4/9

Greenidge Genera passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

-2.84x

For every $1 of reported earnings, Greenidge Genera generates $-2.84 in operating cash flow (-$15.0M OCF vs $5.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-0.9x

Greenidge Genera earns $-0.9 in operating income for every $1 of interest expense (-$3.8M vs $4.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$58.8M

YoY-1.3%

5Y CAGR+23.9%

Greenidge Genera generated $58.8M in revenue in fiscal year 2025. This represents a decrease of 1.3% from the prior year.

EBITDA

$8.0M

YoY+296.4%

5Y CAGR+32.9%

Greenidge Genera's EBITDA was $8.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 296.4% from the prior year.

Net Income

$5.3M

YoY+126.7%

Greenidge Genera reported $5.3M in net income in fiscal year 2025. This represents an increase of 126.7% from the prior year.

EPS (Diluted)

$0.34

YoY+118.1%

Greenidge Genera earned $0.34 per diluted share (EPS) in fiscal year 2025. This represents an increase of 118.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$19.6M

YoY+127.1%

5Y CAGR+31.1%

Greenidge Genera held $19.6M in cash against $43.1M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

16M

YoY+21.3%

Greenidge Genera had 16M shares outstanding in fiscal year 2025. This represents an increase of 21.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

-6.5%

YoY+12.8pp

5Y CAGR+6.6pp

Greenidge Genera's operating margin was -6.5% in fiscal year 2025, reflecting core business profitability. This is up 12.8 percentage points from the prior year.

Net Margin

9.0%

YoY+42.2pp

5Y CAGR+25.4pp

Greenidge Genera's net profit margin was 9.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 42.2 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GREEL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$58.8M-1.3%	$59.5M-15.4%	$70.4M-21.8%	$90.0M-7.5%	$97.3M+383.9%	$20.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$12.5M-27.7%	$17.3M-33.9%	$26.2M-25.7%	$35.2M+46.9%	$24.0M+329.8%	$5.6M
Operating Income	-$3.8M+66.9%	-$11.4M+32.2%	-$16.9M+92.8%	-$233.2M-811.2%	$32.8M+1346.1%	-$2.6M
Interest Expense	$4.0M-43.1%	$7.1M-44.2%	$12.7M-41.2%	$21.6M+483.8%	$3.7M+516.7%	$600K
Income Tax	-$479K-594.2%	-$69K	$0-100.0%	$15.0M+89.9%	$7.9M	$0
Net Income	$5.3M+126.7%	-$19.8M+33.0%	-$29.5M+89.1%	-$271.1M-509.4%	-$44.5M-1252.0%	-$3.3M
EPS (Diluted)	$0.34+118.1%	$-1.88+57.6%	$-4.43+93.1%	$-63.97	$-1.23	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$20.8M+81.9%	$11.5M-24.7%	$15.2M+18.3%	$12.9M-33.2%	$19.2M+30.1%	$14.8M+19.8%	$12.4M-5.4%	$13.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.9M+10.3%	$3.5M+15.6%	$3.1M-1.2%	$3.1M+11.9%	$2.8M-29.6%	$3.9M+5.9%	$3.7M-12.3%	$4.2M
Operating Income	-$4.6M-370.1%	$1.7M+454.3%	$304K+109.0%	-$3.4M-42.1%	-$2.4M-82.2%	-$1.3M+71.8%	-$4.7M-23.7%	-$3.8M
Interest Expense	$167K-5.1%	$176K-27.9%	$244K-67.8%	$758K-73.5%	$2.9M+73.6%	$1.6M-10.2%	$1.8M+1.5%	$1.8M
Income Tax	$0+100.0%	-$435K	$0+100.0%	-$34K-240.0%	-$10K-120.4%	$49K+141.5%	-$118K	$0
Net Income	-$4.6M-252.3%	$3.0M-74.8%	$12.0M+390.4%	-$4.1M+26.0%	-$5.6M-42.4%	-$3.9M+38.7%	-$6.4M-14.3%	-$5.6M
EPS (Diluted)	$-0.29	N/A	$0.75+377.8%	$-0.27+32.5%	$-0.40	N/A	$-0.60-7.1%	$-0.56

GREEL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$53.6M-17.4%	$64.9M-8.9%	$71.2M-56.5%	$163.8M-52.0%	$341.3M+428.5%	$64.6M
Current Assets	$34.8M+29.9%	$26.8M+9.7%	$24.4M-26.1%	$33.1M-67.1%	$100.6M+1194.1%	$7.8M
Cash & Equivalents	$19.6M+127.1%	$8.6M-35.3%	$13.3M-12.5%	$15.2M-81.6%	$82.6M+1535.0%	$5.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2.0M+30.9%	$1.5M+317.0%	$358K-86.7%	$2.7M+1037.6%	$237K-39.2%	$390K
Goodwill	N/A	N/A	N/A	N/A	$3.1M	$0
Total Liabilities	$99.9M-17.2%	$120.6M-1.3%	$122.2M-42.0%	$210.8M+63.6%	$128.8M+537.6%	$20.2M
Current Liabilities	$63.0M+225.8%	$19.3M-7.8%	$21.0M-78.8%	$98.7M+136.6%	$41.7M+258.5%	$11.6M
Long-Term Debt	$43.1M-36.7%	$68.1M-0.9%	$68.7M	N/A	N/A	N/A
Total Equity	-$46.3M+16.9%	-$55.8M-9.3%	-$51.0M-8.5%	-$47.0M-122.1%	$212.4M+378.9%	$44.4M
Retained Earnings	-$384.5M+1.4%	-$389.7M-5.3%	-$370.0M-8.7%	-$340.5M-390.6%	-$69.4M-178.5%	-$24.9M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$46.1M-13.9%	$53.6M+5.9%	$50.6M-4.2%	$52.8M-7.0%	$56.7M-12.6%	$64.9M+8.3%	$59.9M-4.7%	$62.9M
Current Assets	$29.5M-15.1%	$34.8M+59.7%	$21.8M+18.3%	$18.4M-10.1%	$20.5M-23.5%	$26.8M+28.7%	$20.8M+17.9%	$17.7M
Cash & Equivalents	$7.1M-64.0%	$19.6M+158.2%	$7.6M+123.2%	$3.4M-30.4%	$4.9M-43.4%	$8.6M+13.9%	$7.6M-26.2%	$10.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$930K-52.4%	$2.0M+205.8%	$639K-48.3%	$1.2M+192.0%	$423K-71.7%	$1.5M+23.2%	$1.2M+555.1%	$185K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$96.3M-3.6%	$99.9M-0.1%	$100.0M-12.3%	$114.0M-0.9%	$115.0M-4.7%	$120.6M+2.3%	$117.9M+2.6%	$115.0M
Current Liabilities	$59.5M-5.5%	$63.0M+157.4%	$24.5M+39.8%	$17.5M+20.0%	$14.6M-24.6%	$19.3M+13.8%	$17.0M+17.7%	$14.4M
Long-Term Debt	N/A	$43.1M-6.0%	$45.8M-27.5%	$63.3M-5.8%	$67.2M-1.3%	$68.1M-2.1%	$69.5M+0.4%	$69.2M
Total Equity	-$50.2M-8.4%	-$46.3M+6.3%	-$49.4M+19.3%	-$61.2M-5.1%	-$58.2M-4.5%	-$55.8M+4.0%	-$58.0M-11.4%	-$52.1M
Retained Earnings	-$389.0M-1.2%	-$384.5M+0.8%	-$387.5M+3.0%	-$399.4M-1.0%	-$395.3M-1.4%	-$389.7M-1.0%	-$385.8M-1.7%	-$379.5M

GREEL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$15.0M-24.5%	-$12.0M+0.9%	-$12.2M+16.1%	-$14.5M-136.1%	$40.1M+7095.5%	$557K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$36.6M+1040.1%	-$3.9M	N/A	N/A	-$136.5M-1192.8%	-$10.6M
Financing Cash Flow	-$10.6M-194.4%	$11.2M-18.4%	$13.8M-77.8%	$62.1M-64.3%	$173.9M+5170.5%	$3.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$11.4M-148.4%	-$4.6M-3925.8%	$120K+102.5%	-$4.8M+16.2%	-$5.7M-54.9%	-$3.7M-99.7%	-$1.9M-28.9%	-$1.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$143K-100.8%	$18.6M+84.1%	$10.1M+70.7%	$5.9M+197.5%	$2.0M+265.1%	$544K+164.9%	-$838K+68.3%	-$2.6M
Financing Cash Flow	-$975K+51.0%	-$2.0M+67.0%	-$6.0M-132.3%	-$2.6M	$0-100.0%	$4.2M	$0	$0
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

GREEL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-6.5%+12.8pp	-19.2%+4.8pp	-24.0%+235.1pp	-259.1%-292.8pp	33.7%+46.8pp	-13.1%
Net Margin	9.0%+42.2pp	-33.2%+8.7pp	-41.9%+259.3pp	-301.3%-255.6pp	-45.7%-29.3pp	-16.4%
Return on Equity	N/A	N/A	N/A	N/A	-20.9%-13.5pp	-7.4%
Return on Assets	9.9%+40.4pp	-30.5%+11.0pp	-41.5%+124.1pp	-165.5%-152.5pp	-13.0%-7.9pp	-5.1%
Current Ratio	0.55-0.8	1.39+0.2	1.16+0.8	0.33-2.1	2.41+1.7	0.67
Debt-to-Equity	-0.93+0.3	-1.22+0.1	-1.35+3.1	-4.48-5.1	0.61+0.2	0.46
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-21.8%-36.6pp	14.7%+12.7pp	2.0%+28.4pp	-26.4%-14.0pp	-12.4%-3.6pp	-8.9%+28.8pp	-37.7%-8.8pp	-28.8%
Net Margin	-22.0%-48.3pp	26.3%-52.3pp	78.6%+110.6pp	-32.0%-3.1pp	-28.9%-2.5pp	-26.4%+25.1pp	-51.5%-8.9pp	-42.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-9.9%-15.6pp	5.6%-18.0pp	23.6%+31.5pp	-7.8%+2.0pp	-9.8%-3.8pp	-6.0%+4.6pp	-10.6%-1.8pp	-8.9%
Current Ratio	0.50-0.1	0.55-0.3	0.89-0.2	1.05-0.4	1.41+0.0	1.39+0.2	1.220.0	1.22
Debt-to-Equity	-1.92-1.0	-0.930.0	-0.93+0.1	-1.03+0.1	-1.15+0.1	-1.22-0.0	-1.20+0.1	-1.33
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$46.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.55), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Greenidge Genera's annual revenue?

Greenidge Genera (GREEL) reported $58.8M in total revenue for fiscal year 2025. This represents a -1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Greenidge Genera's revenue growing?

Greenidge Genera (GREEL) revenue declined by 1.3% year-over-year, from $59.5M to $58.8M in fiscal year 2025.

Is Greenidge Genera profitable?

Yes, Greenidge Genera (GREEL) reported a net income of $5.3M in fiscal year 2025, with a net profit margin of 9.0%.

What is Greenidge Genera's EBITDA?

Greenidge Genera (GREEL) had EBITDA of $8.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Greenidge Genera have?

As of fiscal year 2025, Greenidge Genera (GREEL) had $19.6M in cash and equivalents against $43.1M in long-term debt.

What is Greenidge Genera's operating margin?

Greenidge Genera (GREEL) had an operating margin of -6.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Greenidge Genera's net profit margin?

Greenidge Genera (GREEL) had a net profit margin of 9.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Greenidge Genera's operating cash flow?

Greenidge Genera (GREEL) generated -$15.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Greenidge Genera's total assets?

Greenidge Genera (GREEL) had $53.6M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Greenidge Genera have outstanding?

Greenidge Genera (GREEL) had 16M shares outstanding as of fiscal year 2025.

What is Greenidge Genera's current ratio?

Greenidge Genera (GREEL) had a current ratio of 0.55 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Greenidge Genera's debt-to-equity ratio?

Greenidge Genera (GREEL) had a debt-to-equity ratio of -0.93 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Greenidge Genera's return on assets (ROA)?

Greenidge Genera (GREEL) had a return on assets of 9.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Greenidge Genera's cash runway?

Based on fiscal year 2025 data, Greenidge Genera (GREEL) had $19.6M in cash against an annual operating cash burn of $15.0M. This gives an estimated cash runway of approximately 16 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Greenidge Genera's debt-to-equity ratio negative or unusual?

Greenidge Genera (GREEL) has negative shareholder equity of -$46.3M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Greenidge Genera's Piotroski F-Score?

Greenidge Genera (GREEL) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Greenidge Genera's earnings high quality?

Greenidge Genera (GREEL) has an earnings quality ratio of -2.84x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Greenidge Genera cover its interest payments?

Greenidge Genera (GREEL) has an interest coverage ratio of -0.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Greenidge Genera?

Greenidge Genera (GREEL) scores 19 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.