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Foster L B vs Greenwave Technology Solutions: revenue, profit, margins and growth compared

Foster L B brought in $540M of revenue in fiscal 2025, Greenwave Technology Solutions $46.7M in fiscal 2025. Revenue changed by +1.7% at Foster L B and +40.1% at Greenwave Technology Solutions on the year before, so Greenwave Technology Solutions grew faster. Foster L B kept 1.4% of its revenue as net profit, Greenwave Technology Solutions -46.3%.

Side by side, latest fiscal year

FSTRGWAV
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$540M$46.7M
Revenue growth+1.7%+40.1%
Net income$7.5M-$21.6M
Net margin1.4%-46.3%
Free cash flow$25.2Mn/a
Free cash flow margin4.7%n/a
Earnings per share (diluted)$0.69-$41.21
Cash$4.3M$935.8K
Debt$42.8M$5.8M
Price to earnings54.3n/a
Market value$394.2M$2M
Dividend yieldn/an/a
Rank by revenue in sector#315 of 518 · Industrials#422 of 518 · Industrials

Over the years

Revenue
FSTR FY2018: $581.1MFSTR FY2019: $616.4MFSTR FY2020: $497.4MFSTR FY2021: $513.6MFSTR FY2022: $497.5MFSTR FY2023: $543.7MFSTR FY2024: $530.8MFSTR FY2025: $540MGWAV FY2018: $19.6KGWAV FY2019: $23.7KGWAV FY2020: $7KGWAV FY2021: $8.1MGWAV FY2022: $34MGWAV FY2023: $35.7MGWAV FY2024: $33.3MGWAV FY2025: $46.7MFY18FY19FY20FY21FY22FY23FY24FY25
FSTR $540MGWAV $46.7M
Net income
FSTR FY2018: -$31.2MFSTR FY2019: $42.6MFSTR FY2020: $7.6MFSTR FY2021: $3.6MFSTR FY2022: -$45.6MFSTR FY2023: $1.5MFSTR FY2024: $42.9MFSTR FY2025: $7.5MGWAV FY2018: -$16MGWAV FY2019: -$34.3MGWAV FY2020: -$14.7MGWAV FY2021: -$1.6MGWAV FY2022: -$35MGWAV FY2023: -$26.9MGWAV FY2024: -$23.9MGWAV FY2025: -$21.6MFY18FY19FY20FY21FY22FY23FY24FY25
FSTR $7.5MGWAV -$21.6M
Net margin
FSTR FY2018: -5.4%FSTR FY2019: 6.9%FSTR FY2020: 1.5%FSTR FY2021: 0.7%FSTR FY2022: -9.2%FSTR FY2023: 0.3%FSTR FY2024: 8.1%FSTR FY2025: 1.4%GWAV FY2018: -81,729.0%GWAV FY2019: -144,576.3%GWAV FY2020: -211,235.8%GWAV FY2021: -20.2%GWAV FY2022: -103.1%GWAV FY2023: -75.5%GWAV FY2024: -71.8%GWAV FY2025: -46.3%FY18FY19FY20FY21FY22FY23FY24FY25
FSTR 1.4%GWAV -46.3%
Revenue growth
FSTR FY2019: +6.1%FSTR FY2020: -19.3%FSTR FY2021: +3.3%FSTR FY2022: -3.1%FSTR FY2023: +9.3%FSTR FY2024: -2.4%FSTR FY2025: +1.7%GWAV FY2019: +21.0%GWAV FY2020: -70.6%GWAV FY2021: +116,184.3%GWAV FY2022: +319.6%GWAV FY2023: +5.0%GWAV FY2024: -6.6%GWAV FY2025: +40.1%FY19FY20FY21FY22FY23FY24FY25
FSTR +1.7%GWAV +40.1%
Free cash flow
FSTR FY2018: $22.3MFSTR FY2019: $23.3MFSTR FY2020: $11.4MFSTR FY2021: -$5.4MFSTR FY2022: -$18.2MFSTR FY2023: $32.4MFSTR FY2024: $12.8MFSTR FY2025: $25.2MGWAV FY2018: -$6.4MGWAV FY2021: -$2.7MGWAV FY2022: -$8.5MGWAV FY2023: -$3.6MFY18FY19FY20FY21FY22FY23FY24FY25
FSTR $25.2MGWAV -$3.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Foster L B and Greenwave Technology Solutions

Which is bigger by revenue, Foster L B or Greenwave Technology Solutions?

Foster L B is bigger by revenue: $540M in fiscal 2025, against $46.7M for Greenwave Technology Solutions in fiscal 2025.

Which keeps more of its revenue as profit, Foster L B or Greenwave Technology Solutions?

Foster L B had a net margin of 1.4% in fiscal 2025; Greenwave Technology Solutions had -46.3% in fiscal 2025.

Which grew revenue faster, Foster L B or Greenwave Technology Solutions?

In their latest fiscal years revenue changed by +1.7% at Foster L B and +40.1% at Greenwave Technology Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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