Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Greenlane Holdings, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2019
FY2019
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
179
185
138
166
137
65.4
13.3
4.36
Cost of revenue
143
154
116
132
112
47.5
6.99
16.8
Gross profit
35.7
31.1
22.8
33.9
25
17.8
6.28
-12.5
General and administrative
17.5
23.6
35.3
47.9
41
24.2
9.76
10.6
Operating expenses
38.2
56
71.7
86.6
209
43.9
18.1
41.8
Operating income
-2.48
-24.9
-49
-52.7
-184
-26.1
-11.8
-54.2
Interest expense
3.19
0.98
0.44
0.57
2.45
5.45
5.94
0.39
Other non-operating income
-3.09
-3.97
1.47
-0.69
1.86
-6.24
-5.84
-31.3
Pre-tax income
-5.57
-28.9
-47.5
-53.4
-182
-32.3
-17.7
-85.6
Income tax
0.32
10.9
0.19
0.01
-0.01
0.01
Net income to minority interests
0
-11
-33.2
-22.8
-12.7
0.15
-0.02
Net income
-5.89
-28.8
-14.5
-30.6
-170
-32.2
-17.6
-85.6
EBITDA
-0.99
-22.2
-46.5
-48
-177
-23.8
-11
-53.8
EPS, basic
-19.26
-24.48
-15.85
-22.51
-8.16
-14.56
-11.42
EPS, diluted
-19.26
-24.48
-15.85
-22.51
-8.16
-14.56
-11.42
Shares, basic (weighted)
0.51
0.6
1.93
0.75
0.36
1.21
7.49
Shares, diluted (weighted)
0.51
0.6
1.93
0.75
0.36
1.21
7.49
Balance sheet
FY2019
FY2019
FY2019
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
7.34
47.8
30.4
12.9
6.46
0.46
0.9
32.5
Receivables
8.22
8.09
6.33
14.7
6.47
1.69
4.26
1.57
Inventory
29.5
43.1
36.1
67
40.6
20.5
14.2
Other current assets
1.84
2.07
3.74
4.12
11.1
3.32
1.31
2
Total current assets
57.1
115
96.1
125
76.7
29.8
23.8
36.1
Property, plant and equipment
11.6
13.2
12.2
20.9
3.96
2.48
1.42
0.25
Lease right-of-use assets
0
4.7
3.1
9.13
3.44
1.94
1.04
0.14
Goodwill
5.45
12
3.28
41.9
0
Intangible assets
3.66
6.3
5.95
84.7
0
Other non-current assets
5.58
3.91
2.4
1.89
Total assets
78
153
123
286
89.7
38.1
28.6
74.9
Accounts payable
20.2
11.3
18.4
23
15
12.1
9.79
5.41
Accrued liabilities
6.97
10.4
19.4
25.1
11.9
3.06
1.22
1.63
Deferred revenue
3.07
3.15
2.73
7.92
3.98
Short-term debt
0.17
0.18
0.18
11.6
3.19
7.28
7.67
Total current liabilities
30.4
26.3
41.9
71
35.7
26.1
22.3
7.21
Long-term debt
48.4
8.02
7.84
10.6
13
Lease liabilities
0
3.84
2.52
6.14
1.89
1.01
0.08
Other non-current liabilities
0.08
0
Total liabilities
79
38.9
53.4
89.5
50.7
27.1
22.3
7.21
Total debt
48.7
8.32
8.13
22.6
18.2
7.28
7.67
Paid-in capital
0
32.1
39.7
230
264
268
281
428
Retained earnings
0
-9.73
-24.8
-55.5
-225
-257
-275
-361
Other comprehensive income
-0.29
-0.07
0.03
0.32
0.06
0.25
0.27
0.27
Shareholders' equity
-11.1
22.4
15.1
175
39
11.1
6.43
67.9
Minority interests
0
91.8
54.2
21.8
0.02
-0.13
-0.15
-0.15
Total equity
-11.1
114
69.3
196
39
11
6.28
67.7
Total liabilities and equity
78
153
123
286
89.7
38.1
28.6
74.9
Cash flow statement
FY2019
FY2019
FY2019
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-5.89
-39.8
-47.7
-53.4
-182
-32.3
-17.7
-85.6
Depreciation and amortization
1.49
2.71
2.52
4.69
7.41
2.24
0.8
0.49
Stock-based compensation
4.06
8.02
0.85
5.72
2.3
0.28
0.1
4.6
Deferred income tax
0
10.9
0
0
0
0.78
0.01
Change in receivables
-4.99
0.64
1.19
-1.39
4.91
4.59
-2.81
0.72
Change in inventory
-11.9
-11.7
7
5.73
26.3
20.1
6.32
9.71
Change in payables
2.66
-11.3
7.1
-1.3
-6.46
-2.77
-2.32
-5.17
Cash from operations
-13.6
-36.9
-12.3
-37.3
-26.4
-1.79
-6.75
-16.3
Capital expenditures
-10.9
-2.02
-1.79
-4.4
-2.78
-1.01
-0.24
-0.1
Acquisitions
0.79
-1.16
-1.84
-15.6
0
Purchases of investments
-0.08
-0.5
0
Cash from investing
-10.2
-3.73
-4.14
-19.7
12
0.03
-0.24
-8.26
Debt issued
0
7.5
0
Debt repaid
-0.57
0
Stock issued
32.6
21.1
3.85
5.64
20.7
Share buybacks
-0.52
Cash from financing
29.1
81
-1.06
39
13.9
-10.1
7.43
56.1
Exchange rate effect
-0.08
0.09
0.17
0.48
-0.21
0.19
0
Net change in cash
5.26
40.4
-17.3
-17.6
-0.68
-11.7
0.44
31.6
Free cash flow
-24.5
-38.9
-14.1
-41.7
-29.2
-2.8
-6.99
-16.4
Interest paid
3.18
0.98
0.44
0.57
2.25
4.5
0.92
0.11
Income taxes paid
0.13
0.5
0.19
0.04
0.08
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $3.07 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-492.4%
Gross profit / revenue.
Operating margin
-2,145.0%
Operating income / revenue.
EBITDA margin
-2,129.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-4,625.0%
Pre-tax income / revenue.
Net margin
-4,631.0%
Net income / revenue.
Operating cash flow margin
-588.4%
Cash from operations / revenue.
Return on equity (ROE)
-477.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-380.0%
Net income / average total assets.
Return on invested capital (ROIC)
-229.3%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue
15.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-67.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-68.3%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-49.9%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-298.4%
Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
955.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
20.3%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
35.1%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
161.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-5.8%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-9.4%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
518.1%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
115.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
65.9%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.36x
Current assets / current liabilities.
Quick ratio
0.93x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.93x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.64
Revenue / diluted weighted shares.
Operating cash flow per share
-$3.77
Cash from operations / diluted weighted shares.
Book value per share
$6.22
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.81x
Market cap / revenue.
P/B
0.08x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.08x
Market cap / tangible book value, when positive.
Earnings yield
-5,707.0%
Net income / market cap (the inverse of P/E).
What was Greenlane Holdings, Inc.'s revenue in fiscal 2025?
Greenlane Holdings, Inc. reported revenue of $4.4M for fiscal 2025, 67.2% lower than the year before.
Was Greenlane Holdings, Inc. profitable in fiscal 2025?
No. It reported a net loss of $85.6M.
How much free cash flow did Greenlane Holdings, Inc. generate in fiscal 2025?
Cash from operations of $16.3M minus capital expenditures of $98.0K left free cash flow of -$16.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.