Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) Financials

$24.81 +0.02 (+0.08%)

As of 07/31/2026 04:00 PM Eastern

Annual Income Statements for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

This table shows Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-3.29	-44	-271	-30	-20	5.63
Consolidated Net Income / (Loss)	-3.29	-44	-271	-30	-20	5.29
Net Income / (Loss) Continuing Operations	-3.29	22	-270	-29	-20	5.29
Total Pre-Tax Income	-3.29	30	-255	-29	-20	4.81
Total Operating Income	-2.63	33	-233	-17	-11	-3.80
Total Gross Profit	7.51	69	28	19	18	9.01
Total Revenue	20	97	90	70	60	59
Operating Revenue	20	97	90	70	60	59
Total Cost of Revenue	13	28	62	51	41	50
Operating Cost of Revenue	13	28	62	51	41	50
Total Operating Expenses	10	36	262	36	30	13
Selling, General & Admin Expense	5.58	24	35	26	17	12
Depreciation Expense	4.56	8.47	35	14	13	12
Other Operating Expenses / (Income)	-	3.69	17	2.41	-1.70	0.37
Impairment Charge	0.00	0.00	176	4.00	0.17	0.00
Other Special Charges / (Income)	-	0.00	-1.78	-9.90	0.64	-12
Total Other Income / (Expense), net	-0.66	-3.28	-22	-12	-8.41	8.60
Interest Expense	0.66	3.71	22	-	0.00	-12
Interest & Investment Income	-	-	-	-13	-7.08	-4.38
Other Income / (Expense), net	0.01	0.43	-0.00	0.51	-1.32	0.72
Income Tax Expense	0.00	7.90	15	0.00	-0.07	-0.48
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	-	0.00	-0.35
Basic Earnings per Share	$0.00	($1.41)	($63.97)	($4.43)	($1.88)	$0.35
Weighted Average Basic Shares Outstanding	-	32.00M	4.24M	6.66M	10.50M	15.16M
Diluted Earnings per Share	$0.00	($1.23)	($63.97)	($4.43)	($1.88)	$0.34
Weighted Average Diluted Shares Outstanding	-	36.64M	4.24M	6.66M	10.50M	15.34M
Weighted Average Basic & Diluted Shares Outstanding	-	41.36M	59.80M	-	14.48M	16.23M

This table shows Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-14	2.94	-3.94	-5.57	-6.37	-3.91	-5.22	-4.12	12	3.01	-4.58
Consolidated Net Income / (Loss)	-28	17	-3.94	-5.57	-6.37	-3.91	-5.56	-4.12	12	3.01	-4.58
Net Income / (Loss) Continuing Operations	-13	2.72	-3.94	-5.57	-6.37	-3.91	-5.56	-4.12	12	3.01	-4.58
Total Pre-Tax Income	-13	2.72	-3.94	-5.57	-6.49	-3.86	-5.57	-4.15	12	2.58	-4.58
Total Operating Income	-10	5.53	-1.72	-3.76	-4.65	-1.31	-2.39	-3.40	0.30	1.69	-4.55
Total Gross Profit	5.52	-16	7.02	3.74	2.99	4.68	4.24	1.01	4.20	-0.44	3.71
Total Revenue	21	20	19	13	12	15	19	13	15	11	21
Operating Revenue	21	20	19	13	12	15	19	13	15	11	21
Total Cost of Revenue	15	36	12	9.32	9.36	10	15	12	11	12	17
Operating Cost of Revenue	15	-	12	9.32	9.36	10	15	12	11	12	17
Total Operating Expenses	16	-22	8.74	7.50	7.65	5.99	6.63	4.41	3.89	-2.13	8.26
Selling, General & Admin Expense	6.66	3.44	5.39	4.24	3.72	3.94	2.78	3.11	3.07	3.55	3.91
Depreciation Expense	3.38	3.23	3.23	3.29	3.39	3.56	3.13	3.18	3.03	2.47	2.66
Other Operating Expenses / (Income)	1.60	-20	-0.06	0.01	-0.16	-1.50	0.99	-2.10	-0.46	1.94	1.62
Other Special Charges / (Income)	0.00	-8.15	0.00	-0.03	0.69	-0.02	-0.26	0.22	-1.74	-10	0.06
Total Other Income / (Expense), net	-3.04	-2.82	-2.22	-1.81	-1.83	-2.55	-3.19	-0.76	12	0.89	-0.03
Interest & Investment Income	-3.04	-	-1.80	-1.81	-1.83	-1.64	-3.20	-0.76	-0.24	-0.18	-0.17
Other Income / (Expense), net	0.00	0.12	-0.42	0.00	0.00	-0.90	0.02	0.00	0.40	0.29	0.13
Income Tax Expense	0.00	-	0.00	0.00	-0.12	0.05	-0.01	-0.03	0.00	-0.44	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	0.00	0.00	0.00	-	-0.35	0.00	0.00	-	0.00
Basic Earnings per Share	($1.96)	$0.44	($0.42)	($0.56)	($0.60)	($0.37)	($0.40)	($0.27)	$0.76	$0.26	($0.29)
Weighted Average Basic Shares Outstanding	7.26M	6.66M	9.49M	9.97M	10.65M	10.50M	13.94M	15.25M	15.66M	15.16M	15.96M
Diluted Earnings per Share	($1.96)	$0.44	($0.42)	($0.56)	($0.60)	($0.37)	($0.40)	($0.27)	$0.75	$0.26	($0.29)
Weighted Average Diluted Shares Outstanding	7.26M	6.66M	9.49M	9.97M	10.65M	10.50M	13.94M	15.25M	15.89M	15.34M	15.96M
Weighted Average Basic & Diluted Shares Outstanding	7.36M	0.00	9.81M	10.67M	11.16M	14.48M	15.44M	15.67M	15.80M	16.23M	16.86M

This table details how cash moves in and out of Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-6.70	78	-67	-1.91	-4.69	11
Net Cash From Operating Activities	0.56	45	-14	-12	-12	-15
Net Cash From Continuing Operating Activities	0.56	45	-14	-12	-12	-15
Net Income / (Loss) Continuing Operations	-3.29	22	-270	-29	-20	5.29
Consolidated Net Income / (Loss)	-3.29	-44	-271	-30	-20	5.29
Depreciation Expense	4.56	8.47	35	14	13	12
Amortization Expense	0.00	0.01	3.95	2.61	0.97	-0.74
Non-Cash Adjustments To Reconcile Net Income	0.56	7.44	200	-0.28	-6.22	-29
Changes in Operating Assets and Liabilities, net	-1.28	7.74	16	0.95	-0.49	-2.19
Net Cash From Investing Activities	-11	-164	-121	-6.03	-3.89	37
Net Cash From Continuing Investing Activities	-11	-164	-121	-6.03	-3.89	37
Sale of Property, Plant & Equipment	-	0.00	11	6.98	3.05	23
Other Investing Activities, net	-11	-164	-133	-13	-6.94	14
Net Cash From Financing Activities	3.30	174	62	14	11	-11
Net Cash From Continuing Financing Activities	3.30	174	62	14	11	-11
Repayment of Debt	-0.27	-8.48	-54	-6.81	0.00	-11
Issuance of Common Equity	0.00	47	9.53	21	11	0.00

This table details how cash moves in and out of Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-4.68	2.63	1.03	-4.08	-2.69	1.05	-3.74	-1.48	4.18	12	-13
Net Cash From Operating Activities	1.85	-11	-5.06	-1.44	-1.85	-3.70	-5.73	-4.80	0.12	-4.59	-11
Net Cash From Continuing Operating Activities	1.85	-11	-5.06	-1.44	-1.85	-3.70	-5.73	-4.80	0.12	-4.59	-11
Net Income / (Loss) Continuing Operations	-13	2.72	-3.94	-5.57	-6.37	-3.91	-5.56	-4.12	12	3.01	-4.58
Consolidated Net Income / (Loss)	-14	2.94	-3.94	-5.57	-6.37	-3.91	-5.56	-4.12	12	3.01	-4.58
Depreciation Expense	3.38	3.23	3.23	3.29	3.39	3.56	3.13	3.18	3.03	2.47	2.66
Amortization Expense	0.73	0.47	0.26	0.27	0.30	0.15	-0.08	-0.66	-	-	0.00
Non-Cash Adjustments To Reconcile Net Income	6.08	-7.13	-4.55	7.85	-4.13	-5.38	-0.23	-5.74	-18	-5.01	-8.12
Changes in Operating Assets and Liabilities, net	4.81	-11	-0.06	-7.27	4.96	1.88	-2.98	2.53	3.32	-5.07	-1.36
Net Cash From Investing Activities	-3.91	4.32	-0.95	-2.64	-0.84	0.54	1.99	5.91	10	19	-0.14
Net Cash From Continuing Investing Activities	-3.91	4.32	-0.95	-2.64	-0.84	0.54	1.99	5.91	10	19	-0.14
Sale of Property, Plant & Equipment	0.01	6.38	0.38	0.04	1.46	1.17	0.71	0.03	4.28	18	0.03
Other Investing Activities, net	-3.92	-2.06	-1.33	-2.68	-2.29	-0.63	1.28	5.88	5.81	0.65	-0.17
Net Cash From Financing Activities	-1.20	9.11	7.04	-	-	4.20	0.00	-2.59	-6.02	-1.99	-0.98
Net Cash From Continuing Financing Activities	-1.20	9.11	7.04	-	-	4.20	0.00	-2.59	-6.02	-1.99	-0.98
Repayment of Debt	-1.51	-	-	-	-	-	0.00	-	-6.02	-1.99	-0.84
Other Financing Activities, net	-	-	-	-	-	-	0.00	-	-	-	-0.14

This table presents Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	65	341	164	71	65	54
Total Current Assets	7.77	101	33	24	27	35
Cash & Equivalents	5.05	83	15	13	8.62	20
Note & Lease Receivable	-	-	-	0.00	6.95	6.48
Accounts Receivable	0.39	0.24	2.70	0.36	1.49	1.95
Prepaid Expenses	0.16	7.48	6.27	3.86	2.62	1.54
Current Deferred & Refundable Income Taxes	-	0.00	0.80	0.86	0.00	0.51
Other Current Assets	2.18	2.84	1.61	6.04	7.12	4.75
Plant, Property, & Equipment, net	57	216	130	45	30	16
Total Noncurrent Assets	0.15	25	0.29	1.65	7.75	3.06
Other Noncurrent Operating Assets	0.15	1.65	0.29	1.65	0.57	2.16
Other Noncurrent Nonoperating Assets	-	7.94	-	0.00	7.18	0.90
Total Liabilities & Shareholders' Equity	65	341	164	71	65	54
Total Liabilities	20	129	211	122	121	100
Total Current Liabilities	12	42	99	21	19	63
Short-Term Debt	6.85	20	67	-	0.00	40
Accounts Payable	1.75	5.75	9.61	3.50	3.85	1.95
Accrued Expenses	3.05	9.32	17	17	13	19
Current Deferred Revenue	-	-	-	0.00	2.34	2.32
Other Current Liabilities	0.00	0.74	0.60	0.36	0.25	0.16
Total Noncurrent Liabilities	8.57	87	112	101	101	37
Long-Term Debt	1.36	75	85	69	68	3.08
Other Noncurrent Operating Liabilities	4.93	11	28	33	33	34
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	44	212	-47	-51	-56	-46
Total Preferred & Common Equity	44	212	-47	-51	-56	-46
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	44	212	-47	-51	-56	-46
Common Stock	69	282	294	319	334	338
Retained Earnings	-25	-69	-340	-370	-390	-384

This table presents Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	90	75	63	60	57	53	51	46
Total Current Assets	22	31	18	21	21	18	22	30
Cash & Equivalents	11	14	10	7.57	4.88	3.40	7.58	7.05
Note & Lease Receivable	-	-	0.96	3.85	8.41	7.30	6.12	6.66
Accounts Receivable	0.28	0.57	0.19	1.21	0.42	1.24	0.64	0.93
Prepaid Expenses	8.02	2.82	1.75	1.78	2.06	1.65	2.61	1.36
Current Deferred & Refundable Income Taxes	0.86	0.86	0.86	0.95	-	0.10	0.10	0.12
Other Current Assets	1.60	12	3.65	5.47	4.75	4.75	4.75	13
Plant, Property, & Equipment, net	48	42	42	30	27	25	20	13
Total Noncurrent Assets	20	1.68	2.92	8.66	9.05	9.04	9.03	3.46
Other Noncurrent Operating Assets	0.80	1.68	2.92	8.66	1.86	1.86	1.85	2.56
Other Noncurrent Nonoperating Assets	19	-	-	-	7.18	7.18	7.18	0.90
Total Liabilities & Shareholders' Equity	90	75	63	60	57	53	51	46
Total Liabilities	155	121	115	118	115	114	100	96
Total Current Liabilities	35	20	14	17	15	18	24	60
Short-Term Debt	2.37	-	-	-	-	-	3.54	39
Accounts Payable	14	2.59	3.93	2.56	3.51	2.69	2.47	1.90
Accrued Expenses	16	17	8.21	10	11	14	16	15
Current Deferred Revenue	-	-	-	2.20	0.00	0.86	2.15	2.91
Other Current Liabilities	1.70	0.81	1.99	1.61	0.25	0.38	0.42	0.16
Total Noncurrent Liabilities	120	101	101	101	100	96	75	37
Long-Term Debt	87	69	69	70	67	63	42	3.02
Other Noncurrent Operating Liabilities	33	32	31	31	33	33	33	34
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-65	-47	-52	-58	-58	-61	-49	-50
Total Preferred & Common Equity	-65	-47	-52	-58	-58	-61	-49	-50
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-65	-47	-52	-58	-58	-61	-49	-50
Common Stock	308	327	328	328	337	338	338	339
Retained Earnings	-373	-374	-379	-386	-395	-399	-387	-389

This table displays calculated financial ratios and metrics derived from Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	40,645,205.00	44,739,415.00	7,360,513.00	11,157,809.00	15,798,997.00
DEI Adjusted Shares Outstanding	0.00	4,064,520.00	4,473,942.00	7,360,513.00	11,157,809.00	15,798,997.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	-10.94	-60.59	-4.01	-1.77	0.36
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	383.87%	-7.55%	-21.77%	-15.42%	-1.27%
EBITDA Growth	0.00%	2,051.50%	-565.47%	99.91%	1,101.80%	377.70%
EBIT Growth	0.00%	1,364.74%	-802.05%	92.97%	22.03%	75.88%
NOPAT Growth	0.00%	1,403.35%	-779.95%	92.76%	32.22%	47.93%
Net Income Growth	0.00%	-1,251.98%	-509.42%	89.11%	32.95%	126.72%
EPS Growth	0.00%	0.00%	-509.42%	93.07%	57.56%	118.09%
Operating Cash Flow Growth	0.00%	8,024.96%	-132.01%	16.09%	0.91%	-24.49%
Free Cash Flow Firm Growth	0.00%	0.00%	74.27%	292.29%	-99.53%	4,732.03%
Invested Capital Growth	0.00%	349.59%	-59.28%	-94.42%	-171.83%	-578.99%
Revenue Q/Q Growth	0.00%	0.00%	-16.92%	5.44%	-7.53%	-5.37%
EBITDA Q/Q Growth	0.00%	0.00%	-403.68%	99.87%	-82.45%	58.70%
EBIT Q/Q Growth	0.00%	0.00%	-252.25%	89.17%	-160.28%	57.65%
NOPAT Q/Q Growth	0.00%	0.00%	-249.92%	88.85%	-148.62%	12.21%
Net Income Q/Q Growth	0.00%	0.00%	-56.81%	84.16%	-1,619.59%	424.29%
EPS Q/Q Growth	0.00%	0.00%	-56.81%	81.30%	-55.37%	525.00%
Operating Cash Flow Q/Q Growth	0.00%	71.20%	-215.55%	-30.13%	38.53%	-6.35%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-41.13%	102.77%	-9.96%
Invested Capital Q/Q Growth	0.00%	0.00%	-60.63%	207.12%	-182.48%	-29.28%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	37.36%	70.83%	31.59%	27.54%	30.95%	15.33%
EBITDA Margin	9.64%	42.84%	-215.70%	-0.24%	2.81%	13.60%
Operating Margin	-13.08%	33.69%	-259.13%	-24.00%	-19.23%	-6.46%
EBIT Margin	-13.06%	34.12%	-259.13%	-23.27%	-21.45%	-5.24%
Profit (Net Income) Margin	-16.36%	-45.70%	-301.26%	-41.92%	-33.23%	8.99%
Tax Burden Percent	100.00%	-150.77%	106.41%	101.62%	99.65%	109.96%
Interest Burden Percent	125.29%	88.83%	109.25%	177.28%	155.45%	-156.07%
Effective Tax Rate	0.00%	26.78%	0.00%	0.00%	0.00%	-9.96%
Return on Invested Capital (ROIC)	-3.88%	18.38%	-108.59%	-25.75%	-1,171.68%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-49.74%	-3,115.17%	-268.08%	-44.38%	-1,193.45%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-3.54%	-53.03%	-219.23%	85.93%	1,208.74%	0.00%
Return on Equity (ROE)	-7.42%	-34.64%	-327.82%	60.18%	37.06%	-10.36%
Cash Return on Invested Capital (CROIC)	0.00%	-108.84%	-24.32%	153.10%	0.00%	0.00%
Operating Return on Assets (OROA)	-4.07%	16.37%	-92.34%	-13.94%	-18.78%	-5.20%
Return on Assets (ROA)	-5.10%	-21.92%	-107.35%	-25.12%	-29.09%	8.93%
Return on Common Equity (ROCE)	-7.42%	-34.64%	-327.82%	60.18%	37.06%	-10.36%
Return on Equity Simple (ROE_SIMPLE)	-7.42%	-20.94%	576.16%	57.84%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.84	24	-163	-12	-8.01	-4.17
NOPAT Margin	-9.16%	24.66%	-181.39%	-16.80%	-13.46%	-7.10%
Net Nonoperating Expense Percent (NNEP)	45.86%	3,133.55%	159.50%	18.63%	21.77%	-25.27%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-66.86%	-65.08%	129.68%
Cost of Revenue to Revenue	62.64%	29.17%	68.41%	72.46%	69.05%	84.67%
SG&A Expenses to Revenue	27.75%	24.65%	39.16%	37.18%	29.05%	21.26%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	50.44%	37.14%	290.72%	51.54%	50.18%	21.79%
Earnings before Interest and Taxes (EBIT)	-2.63	33	-233	-16	-13	-3.08
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.94	42	-194	-0.17	1.67	7.99
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	3.07	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	3.07	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	6.70	0.14	0.70	0.29	0.40
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	4.15
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	24.09%
Enterprise Value to Invested Capital (EV/IC)	0.00	3.11	1.72	21.57	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	6.82	1.66	1.49	1.29	0.80
Enterprise Value to EBITDA (EV/EBITDA)	0.00	15.93	0.00	0.00	45.87	5.87
Enterprise Value to EBIT (EV/EBIT)	0.00	20.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	27.67	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	14.67	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	1.49	231.36	2.93
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.19	0.45	-3.23	-1.35	-1.22	-0.93
Long-Term Debt to Equity	0.03	0.35	-1.80	-1.35	-1.22	-0.07
Financial Leverage	0.07	0.02	0.82	-1.94	-1.01	-0.73
Leverage Ratio	1.46	1.58	3.05	-2.40	-1.27	-1.16
Compound Leverage Factor	1.82	1.40	3.34	-4.25	-1.98	1.81
Debt to Total Capital	15.62%	30.86%	144.94%	388.50%	552.77%	-1,338.91%
Short-Term Debt to Total Capital	13.02%	6.37%	64.15%	0.00%	0.00%	-1,243.26%
Long-Term Debt to Total Capital	2.59%	24.49%	80.79%	388.50%	552.77%	-95.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	84.38%	69.14%	-44.94%	-288.50%	-452.77%	1,438.91%
Debt to EBITDA	4.24	2.27	-0.78	-411.44	40.69	5.39
Net Debt to EBITDA	1.63	0.28	-0.70	-331.72	35.53	2.94
Long-Term Debt to EBITDA	0.70	1.80	-0.44	-411.44	40.69	0.39
Debt to NOPAT	-4.46	3.95	-0.93	-5.81	-8.49	-10.32
Net Debt to NOPAT	-1.71	0.49	-0.84	-4.69	-7.42	-5.63
Long-Term Debt to NOPAT	-0.74	3.14	-0.52	-5.81	-8.49	-0.74
Altman Z-Score	0.00	3.57	-7.50	-6.75	-7.92	-9.63
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.67	2.41	0.33	1.16	1.39	0.55
Quick Ratio	0.47	2.00	0.18	0.65	0.88	0.44
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-142	-37	70	0.33	16
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-38.30	-1.69	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.84	12.20	-0.67	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.84	12.20	-0.16	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.31	0.48	0.36	0.60	0.88	0.99
Accounts Receivable Turnover	51.57	310.45	61.36	46.10	64.33	34.10
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.36	0.71	0.52	0.80	1.58	2.56
Accounts Payable Turnover	7.22	7.58	8.02	7.79	11.19	17.16
Days Sales Outstanding (DSO)	7.08	1.18	5.95	7.92	5.67	10.70
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	50.55	48.17	45.53	46.88	32.61	21.27
Cash Conversion Cycle (CCC)	-43.47	-47.00	-39.58	-38.97	-26.93	-10.57
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	48	214	87	4.86	-3.49	-24
Invested Capital Turnover	0.42	0.75	0.60	1.53	87.04	-4.33
Increase / (Decrease) in Invested Capital	0.00	166	-127	-82	-8.35	-20
Enterprise Value (EV)	0.00	664	149	105	77	47
Market Capitalization	0.00	652	13	49	17	23
Book Value per Share	$0.00	$5.23	($1.05)	($6.93)	($5.00)	($2.93)
Tangible Book Value per Share	$0.00	$5.23	($1.05)	($6.93)	($5.00)	($2.93)
Total Capital	53	307	105	18	12	-3.22
Total Debt	8.21	95	152	69	68	43
Total Long-Term Debt	1.36	75	85	69	68	3.08
Net Debt	3.16	12	137	55	59	24
Capital Expenditures (CapEx)	0.00	0.00	-11	-6.98	-3.05	-23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2.07	-4.64	-14	-9.86	-1.16	-7.77
Debt-free Net Working Capital (DFNWC)	2.98	78	1.50	3.46	7.46	12
Net Working Capital (NWC)	-3.87	59	-66	3.46	7.46	-28
Net Nonoperating Expense (NNE)	1.45	68	108	18	12	-9.46
Net Nonoperating Obligations (NNO)	3.16	1.21	134	56	52	23
Total Depreciation and Amortization (D&A)	4.56	8.48	39	16	14	11
Debt-free, Cash-free Net Working Capital to Revenue	-10.30%	-4.77%	-15.25%	-14.00%	-1.94%	-13.21%
Debt-free Net Working Capital to Revenue	14.82%	80.61%	1.66%	4.91%	12.54%	20.08%
Net Working Capital to Revenue	-19.22%	60.49%	-72.98%	4.91%	12.54%	-47.98%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($14.10)	($64.00)	($4.43)	($1.88)	$0.35
Adjusted Weighted Average Basic Shares Outstanding	0.00	4.14M	4.24M	6.66M	10.50M	15.16M
Adjusted Diluted Earnings per Share	$0.00	($14.10)	($64.00)	($4.43)	($1.88)	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	0.00	4.14M	4.24M	6.66M	10.50M	15.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	4.14M	5.98M	0.00	14.48M	16.23M
Normalized Net Operating Profit after Tax (NOPAT)	-1.84	24	-41	-16	-7.45	-11
Normalized NOPAT Margin	-9.16%	24.66%	-45.62%	-22.67%	-12.51%	-18.66%
Pre Tax Income Margin	-16.36%	30.31%	-283.11%	-41.26%	-33.35%	8.18%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	-3.95	8.95	-10.81	0.00	0.00	0.00
NOPAT to Interest Expense	-2.77	6.47	-7.57	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-3.95	8.95	-10.29	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-2.77	6.47	-7.05	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	7,236,656.00	7,360,513.00	7,360,513.00	9,809,532.00	10,666,603.00	11,157,809.00	14,475,098.00	15,438,715.00	15,673,417.00	15,798,997.00	16,229,150.00
DEI Adjusted Shares Outstanding	7,236,656.00	7,360,513.00	7,360,513.00	9,809,532.00	10,666,603.00	11,157,809.00	14,475,098.00	15,438,715.00	15,673,417.00	15,798,997.00	16,229,150.00
DEI Earnings Per Adjusted Shares Outstanding	-1.97	0.40	-0.54	-0.57	-0.60	-0.35	-0.36	-0.27	0.76	0.19	-0.28
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.60%	22.66%	27.55%	-11.24%	-40.84%	-24.69%	-0.47%	-1.50%	23.23%	-22.57%	8.27%
EBITDA Growth	-57.14%	108.15%	269.13%	92.28%	83.90%	-84.00%	-49.96%	-314.29%	485.94%	197.46%	-359.38%
EBIT Growth	45.24%	104.37%	59.35%	43.34%	54.03%	-139.18%	-10.69%	9.81%	115.17%	189.39%	-86.29%
NOPAT Growth	45.61%	106.13%	69.61%	43.30%	54.03%	-116.59%	-38.73%	9.78%	109.33%	314.63%	-90.50%
Net Income Growth	-22.87%	112.31%	51.73%	44.55%	77.64%	-122.73%	-41.08%	26.04%	287.81%	177.06%	17.61%
EPS Growth	64.30%	101.34%	72.55%	64.33%	69.39%	-184.09%	4.76%	51.79%	225.00%	170.27%	27.50%
Operating Cash Flow Growth	129.83%	-33.38%	-733.77%	33.24%	-200.16%	67.13%	-13.14%	-234.05%	106.48%	-24.22%	-99.14%
Free Cash Flow Firm Growth	502.07%	141.37%	-92.34%	-92.88%	-105.51%	-91.53%	-52.10%	-2.37%	290.15%	198.46%	3.05%
Invested Capital Growth	-102.05%	-94.42%	-72.06%	-69.37%	193.30%	-171.83%	-137.08%	-218.44%	-533.19%	-578.99%	-429.73%
Revenue Q/Q Growth	41.94%	-5.92%	-1.57%	-32.46%	-5.41%	19.76%	30.08%	-33.16%	18.34%	-24.74%	81.89%
EBITDA Q/Q Growth	-120.81%	255.83%	-85.54%	-115.52%	-360.48%	254.81%	-54.78%	-228.51%	528.97%	19.32%	-139.43%
EBIT Q/Q Growth	-52.40%	155.83%	-137.90%	-75.68%	-23.65%	52.42%	-7.09%	-43.15%	120.80%	180.31%	-323.19%
NOPAT Q/Q Growth	-52.49%	178.10%	-121.79%	-118.53%	-23.65%	71.82%	-82.23%	-42.11%	112.79%	547.91%	-261.74%
Net Income Q/Q Growth	-183.59%	160.33%	-122.96%	-41.18%	-14.35%	38.65%	-42.45%	25.99%	390.38%	-74.83%	-252.29%
EPS Q/Q Growth	-24.84%	122.45%	-195.45%	-33.33%	-7.14%	38.33%	-8.11%	32.50%	377.78%	-65.33%	-211.54%
Operating Cash Flow Q/Q Growth	185.91%	-708.50%	54.99%	71.63%	-28.90%	-99.68%	-54.92%	16.22%	102.50%	-3,925.83%	-148.38%
Free Cash Flow Firm Q/Q Growth	13.82%	-59.86%	-77.57%	-30.50%	-187.98%	161.79%	26.79%	41.64%	71.34%	-3.01%	-56.22%
Invested Capital Q/Q Growth	-119.30%	207.12%	66.58%	-11.07%	-41.21%	-182.48%	14.02%	-184.07%	-115.02%	-29.28%	32.92%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.46%	-81.50%	36.29%	28.65%	24.24%	31.60%	22.06%	7.85%	27.58%	-3.85%	17.79%
EBITDA Margin	-28.77%	47.65%	7.00%	-1.61%	-7.83%	10.12%	3.52%	-6.76%	24.52%	38.88%	-8.43%
Operating Margin	-48.47%	28.17%	-8.91%	-28.82%	-37.67%	-8.86%	-12.42%	-26.40%	2.00%	14.71%	-21.84%
EBIT Margin	-48.47%	28.77%	-11.08%	-28.82%	-37.67%	-14.97%	-12.32%	-26.39%	4.64%	17.28%	-21.20%
Profit (Net Income) Margin	-136.40%	87.47%	-20.40%	-42.64%	-51.55%	-26.41%	-28.92%	-32.02%	78.57%	26.28%	-22.00%
Tax Burden Percent	216.38%	632.35%	100.00%	100.00%	98.18%	101.27%	99.82%	99.18%	100.00%	116.89%	100.00%
Interest Burden Percent	130.04%	48.08%	184.13%	147.97%	139.37%	174.21%	235.09%	122.33%	1,693.77%	130.12%	103.78%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-16.89%	0.00%
Return on Invested Capital (ROIC)	-20.94%	43.18%	-25.10%	-95.86%	0.00%	-539.98%	-202.95%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-43.22%	55.45%	-29.32%	-100.22%	0.00%	-545.50%	-210.01%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-341.13%	-107.37%	41.07%	129.83%	0.00%	552.49%	220.18%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-362.07%	-64.19%	15.98%	33.97%	-2.11%	12.52%	17.24%	35.22%	3.03%	-10.36%	-11.56%
Cash Return on Invested Capital (CROIC)	0.00%	153.10%	63.72%	60.26%	-283.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-16.30%	17.24%	-9.74%	-26.74%	-32.41%	-13.10%	-11.16%	-27.05%	5.22%	17.15%	-24.89%
Return on Assets (ROA)	-45.85%	52.41%	-17.94%	-39.57%	-44.34%	-23.11%	-26.19%	-32.82%	88.37%	26.09%	-25.83%
Return on Common Equity (ROCE)	-362.07%	-64.19%	15.98%	33.97%	-2.11%	12.52%	17.24%	35.22%	3.03%	-10.36%	-11.56%
Return on Equity Simple (ROE_SIMPLE)	285.57%	0.00%	53.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-7.08	5.53	-1.21	-2.63	-3.26	-0.92	-1.67	-2.38	0.30	1.97	-3.19
NOPAT Margin	-33.93%	28.17%	-6.23%	-20.17%	-26.37%	-6.20%	-8.69%	-18.48%	2.00%	17.20%	-15.29%
Net Nonoperating Expense Percent (NNEP)	22.28%	-12.27%	4.23%	4.36%	5.06%	5.53%	7.06%	3.11%	-24.96%	-2.78%	3.12%
Return On Investment Capital (ROIC_SIMPLE)	-	31.28%	-5.45%	-15.37%	-28.36%	-7.45%	-18.73%	-115.42%	-8.54%	-61.21%	40.12%
Cost of Revenue to Revenue	73.54%	181.50%	63.71%	71.35%	75.76%	68.40%	77.94%	92.15%	72.42%	103.85%	82.21%
SG&A Expenses to Revenue	31.91%	17.53%	27.90%	32.47%	30.12%	26.64%	14.43%	24.15%	20.16%	30.97%	18.78%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	74.93%	-109.67%	45.19%	57.47%	61.91%	40.47%	34.47%	34.25%	25.58%	-18.56%	39.63%
Earnings before Interest and Taxes (EBIT)	-10	5.65	-2.14	-3.76	-4.65	-2.21	-2.37	-3.39	0.71	1.98	-4.42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-6.01	9.36	1.35	-0.21	-0.97	1.50	0.68	-0.87	3.73	4.45	-1.76
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.44	0.70	0.35	0.36	0.30	0.29	0.18	0.34	0.46	0.40	0.30
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.15	2.85
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	24.09%	35.10%
Enterprise Value to Invested Capital (EV/IC)	0.00	21.57	9.94	11.86	19.21	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.62	1.49	1.08	1.17	1.26	1.29	1.23	1.35	1.08	0.80	0.88
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	40.48	18.99	8.52	45.87	73.14	236.78	13.26	5.87	9.54
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.91	1.49	6.81	9.23	0.00	231.36	27.94	10.65	3.75	2.93	8.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.37	-1.35	-1.47	-1.33	-1.20	-1.22	-1.15	-1.03	-0.93	-0.93	-0.84
Long-Term Debt to Equity	-1.34	-1.35	-1.47	-1.33	-1.20	-1.22	-1.15	-1.03	-0.86	-0.07	-0.06
Financial Leverage	7.89	-1.94	-1.40	-1.30	-1.00	-1.01	-1.05	-0.99	-0.87	-0.73	-0.83
Leverage Ratio	16.32	-2.40	-1.83	-1.51	-1.21	-1.27	-1.25	-1.02	-1.03	-1.16	-0.95
Compound Leverage Factor	21.23	-1.15	-3.38	-2.24	-1.69	-2.22	-2.94	-1.25	-17.41	-1.51	-0.98
Debt to Total Capital	369.28%	388.50%	311.99%	403.96%	605.39%	552.77%	752.35%	3,073.09%	-1,288.26%	-1,338.91%	-532.05%
Short-Term Debt to Total Capital	9.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-99.33%	-1,243.26%	-494.01%
Long-Term Debt to Total Capital	359.51%	388.50%	311.99%	403.96%	605.39%	552.77%	752.35%	3,073.09%	-1,188.93%	-95.65%	-38.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-269.28%	-288.50%	-211.99%	-303.96%	-505.39%	-452.77%	-652.35%	-2,973.09%	1,388.26%	1,438.91%	632.05%
Debt to EBITDA	-0.72	-411.44	34.73	15.40	7.29	40.69	67.37	187.76	9.10	5.39	7.60
Net Debt to EBITDA	-0.63	-331.72	27.51	13.12	6.50	35.53	62.48	177.68	7.60	2.94	6.33
Long-Term Debt to EBITDA	-0.70	-411.44	34.73	15.40	7.29	40.69	67.37	187.76	8.40	0.39	0.54
Debt to NOPAT	-0.84	-5.81	-7.61	-9.82	-21.57	-8.49	-7.92	-7.69	-9.64	-10.32	-6.56
Net Debt to NOPAT	-0.74	-4.69	-6.03	-8.36	-19.22	-7.42	-7.34	-7.28	-8.05	-5.63	-5.47
Long-Term Debt to NOPAT	-0.82	-5.81	-7.61	-9.82	-21.57	-8.49	-7.92	-7.69	-8.90	-0.74	-0.47
Altman Z-Score	-5.51	-5.73	-5.82	-7.29	-8.03	-7.38	-8.67	-9.56	-9.35	-9.32	-11.49
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.62	1.16	1.52	1.22	1.22	1.39	1.41	1.05	0.89	0.55	0.50
Quick Ratio	0.31	0.65	0.74	0.79	0.74	0.88	0.94	0.68	0.59	0.44	0.25
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	218	88	20	14	-12	7.43	9.42	13	23	22	9.71
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.60	0.88	0.93	0.86	0.88	0.91	1.02	1.12	0.99	1.17
Accounts Receivable Turnover	26.82	46.10	242.09	402.82	86.59	64.33	119.24	83.45	67.12	34.10	89.24
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.45	0.80	1.33	1.29	1.65	1.58	1.72	1.75	2.48	2.56	3.00
Accounts Payable Turnover	3.52	7.79	16.83	10.91	8.22	11.19	14.35	14.00	19.10	17.16	19.17
Days Sales Outstanding (DSO)	13.61	7.92	1.51	0.91	4.22	5.67	3.06	4.37	5.44	10.70	4.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	103.84	46.88	21.69	33.47	44.42	32.61	25.44	26.07	19.11	21.27	19.04
Cash Conversion Cycle (CCC)	-90.23	-38.97	-20.18	-32.56	-40.21	-26.93	-22.38	-21.70	-13.67	-10.57	-14.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-4.53	4.86	8.09	7.20	4.23	-3.49	-3.00	-8.52	-18	-24	-16
Invested Capital Turnover	0.62	1.53	4.03	4.75	-423.57	87.04	23.35	-89.29	-8.81	-4.33	-6.39
Increase / (Decrease) in Invested Capital	-225	-82	-21	-16	8.76	-8.35	-11	-16	-23	-20	-13
Enterprise Value (EV)	108	105	80	85	81	77	73	80	67	47	53
Market Capitalization	30	49	26	26	19	17	11	20	29	23	18
Book Value per Share	($9.01)	($6.93)	($6.37)	($5.31)	($5.44)	($5.00)	($5.22)	($3.97)	($3.15)	($2.93)	($3.18)
Tangible Book Value per Share	($9.01)	($6.93)	($6.37)	($5.31)	($5.44)	($5.00)	($5.22)	($3.97)	($3.15)	($2.93)	($3.18)
Total Capital	24	18	22	17	11	12	8.93	2.06	-3.56	-3.22	-7.94
Total Debt	89	69	69	69	70	68	67	63	46	43	42
Total Long-Term Debt	87	69	69	69	70	68	67	63	42	3.08	3.02
Net Debt	79	55	55	59	62	59	62	60	38	24	35
Capital Expenditures (CapEx)	-0.01	-6.38	-0.38	-0.04	-1.46	-1.17	-0.71	-0.03	-4.28	-18	-0.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-22	-9.86	-3.74	-7.04	-3.75	-1.16	1.05	-2.48	-6.73	-7.77	2.20
Debt-free Net Working Capital (DFNWC)	-11	3.46	11	3.22	3.82	7.46	5.93	0.92	0.86	12	9.25
Net Working Capital (NWC)	-13	3.46	11	3.22	3.82	7.46	5.93	0.92	-2.68	-28	-30
Net Nonoperating Expense (NNE)	21	-12	2.74	2.93	3.11	2.99	3.89	1.74	-12	-1.04	1.40
Net Nonoperating Obligations (NNO)	61	56	55	59	62	52	55	53	31	23	34
Total Depreciation and Amortization (D&A)	4.12	3.71	3.50	3.55	3.69	3.71	3.05	2.52	3.03	2.47	2.66
Debt-free, Cash-free Net Working Capital to Revenue	-32.63%	-14.00%	-5.02%	-9.65%	-5.82%	-1.94%	1.76%	-4.18%	-10.83%	-13.21%	3.64%
Debt-free Net Working Capital to Revenue	-16.62%	4.91%	14.21%	4.42%	5.94%	12.54%	9.97%	1.55%	1.38%	20.08%	15.32%
Net Working Capital to Revenue	-20.16%	4.91%	14.21%	4.42%	5.94%	12.54%	9.97%	1.55%	-4.31%	-47.98%	-49.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.96)	$0.44	($0.42)	($0.56)	($0.60)	($0.37)	($0.40)	($0.27)	$0.76	$0.26	($0.29)
Adjusted Weighted Average Basic Shares Outstanding	7.26M	6.66M	9.49M	9.97M	10.65M	10.50M	13.94M	15.25M	15.66M	15.16M	15.96M
Adjusted Diluted Earnings per Share	($1.96)	$0.44	($0.42)	($0.56)	($0.60)	($0.37)	($0.40)	($0.27)	$0.75	$0.26	($0.29)
Adjusted Weighted Average Diluted Shares Outstanding	7.26M	6.66M	9.49M	9.97M	10.65M	10.50M	13.94M	15.25M	15.89M	15.34M	15.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.44	$0.00	$0.00	$0.00	($0.37)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	7.36M	0.00	9.81M	10.67M	11.16M	14.48M	15.44M	15.67M	15.80M	16.23M	16.86M
Normalized Net Operating Profit after Tax (NOPAT)	-4.28	-1.83	-1.09	-2.66	-2.77	-0.93	-1.86	-2.22	-1.00	-5.88	-3.14
Normalized NOPAT Margin	-20.52%	-9.33%	-5.62%	-20.35%	-22.44%	-6.30%	-9.64%	-17.29%	-6.60%	-51.37%	-15.08%
Pre Tax Income Margin	-63.03%	13.83%	-20.40%	-42.64%	-52.51%	-26.07%	-28.97%	-32.28%	78.57%	22.48%	-22.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Greenidge Generation Holdings (NASDAQ: GREE) reported a mixed but generally weak start to 2026, with revenue growth from the prior quarter but continued losses, negative operating cash flow, and a highly leveraged balance sheet. The company’s latest quarter showed improvement versus some earlier periods, but the broader multi-year trend still points to significant financial strain.

Q1 2026 revenue rose to $20.8 million, up from $11.5 million in Q4 2025 and $15.2 million in Q3 2025.
Gross profit improved to $3.7 million in Q1 2026, compared with a gross loss in Q4 2025.
The company generated positive net income in Q4 2025 and Q3 2025, showing that profitability is possible in stronger quarters.
Cash & equivalents increased slightly quarter over quarter to $7.1 million at the end of Q1 2026 from $7.6 million in Q3 2025.
Depreciation remains a meaningful non-cash expense, which helps support reported EBITDA-like earnings in some periods even when cash flow is weak.
Q1 2026 net loss widened to $4.6 million, or $(0.29) per share, versus net income of $3.0 million in Q4 2025.
Operating cash flow was negative $11.4 million in Q1 2026, reversing from negative $4.6 million in Q4 2025 and signaling poor cash generation.
Total liabilities climbed to $96.3 million in Q1 2026, far above total assets of $46.1 million.
Shareholders’ equity remained negative at $(50.2) million, highlighting a deeply leveraged capital structure.
Short-term debt stood at $39.2 million in Q1 2026, while current assets were only $29.5 million, indicating liquidity pressure.

Over the last four years, Greenidge’s financial statements show a business that can swing sharply quarter to quarter, but the underlying picture is still challenging. Revenue has been volatile, operating profitability is inconsistent, and the company has relied heavily on asset sales, debt, and equity-related financing to manage cash needs.

From a balance sheet perspective, the most important issue is leverage. Even after some debt movement quarter to quarter, liabilities remain large relative to the asset base, and book equity is still underwater. That usually means limited financial flexibility and a higher risk profile for common shareholders.

Cash flow is another concern. While the company has occasionally produced positive investing cash flow from asset sales, core operations have repeatedly consumed cash. For retail investors, that is a key warning sign: a company can report a profitable quarter, but if operations do not reliably generate cash, the turnaround remains fragile.

Bottom line: Greenidge showed a rebound in revenue and gross profit in Q1 2026, but the company is still burdened by losses, weak operating cash flow, and a strained balance sheet. The stock remains highly speculative and appears dependent on continued execution, financing flexibility, and improvements in operating efficiency.

08/01/26 11:11 PM ETAI Generated. May Contain Errors.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's net income appears to be on a downward trend, with a most recent value of $5.29 million in 2025, falling from -$3.29 million in 2020. The previous period was -$19.79 million in 2024.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's total operating income in 2025 was -$3.80 million, based on the following breakdown:

Total Gross Profit: $9.01 million
Total Operating Expenses: $12.81 million

Over the last 5 years, Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's total revenue changed from $20.11 million in 2020 to $58.78 million in 2025, a change of 192.2%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's total liabilities were at $99.86 million at the end of 2025, a 17.2% decrease from 2024, and a 394.2% increase since 2020.

In the past 5 years, Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's cash and equivalents has ranged from $5.05 million in 2020 to $82.60 million in 2021, and is currently $19.57 million as of their latest financial filing in 2025.

Over the last 5 years, Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's book value per share changed from 0.00 in 2020 to -2.93 in 2025, a change of -293.1%.

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Financial statements for NASDAQ:GREEL last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) Financials

Financials Breakdown Chart

Key Financial Trends

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Financials - Frequently Asked Questions

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Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) Financials

Annual Income Statements for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Quarterly Income Statements for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Annual Cash Flow Statements for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Quarterly Cash Flow Statements for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Annual Balance Sheets for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Quarterly Balance Sheets for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Annual Metrics And Ratios for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Quarterly Metrics And Ratios for Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Financials Breakdown Chart

Key Financial Trends

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Financials - Frequently Asked Questions

When does Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's financial year end?

How has Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's net income changed over the last 5 years?

What is Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's operating income?

How has Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's revenue changed over the last 5 years?

How much debt does Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 have?

How much cash does Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 have?

How has Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026's book value per share changed over the last 5 years?

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