Greenlane Holdings, Inc. (GNLN) Financial Statements
Industry: Durable Goods (Other) (Wholesale)
In fiscal 2025, Greenlane reported revenue of $4.4M, down 67.2% from $13.3M the year before. Net income was -$85.6M (a -1965.1% net margin), or -$91.36 per diluted share. Gross margin was -286.2% and operating margin was -1245.6%. Operating activities generated -$16.3M of cash, leaving -$16.4M of free cash flow. At fiscal year end, Greenlane held $74.9M in total assets against $7.2M in total liabilities, including $32.5M of cash and equivalents.
Open the full interactive Greenlane financials → Quarterly statements, key ratios, valuation history and price charts.
Greenlane Key Stats
| Share Price | $2.43 |
|---|---|
| Market Cap | $10.0M |
| Revenue YoY Growth | -67.2% |
| 52-Week Range | $1.68 – $32.80 |
| Shares Outstanding | 4.1 million (basic, 2026 Q2) |
Greenlane Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $138.3M | $166.1M | $137.1M | $65.4M | $13.3M | $4.4M |
| Cost of Goods Sold | $115.5M | $138.4M | $112.1M | $47.5M | $7.0M | $16.8M |
| Gross Profit | $22.8M | $27.7M | $25.0M | $17.8M | $6.3M | -$12.5M |
| Operating Income | -$49.0M | -$52.7M | -$127.7M | -$26.1M | -$11.8M | -$54.2M |
| Pre-Tax Income | -$47.5M | -$53.4M | -$125.9M | -$32.3M | -$17.7M | -$85.6M |
| Income Tax | $194,000 | $10,000 | -$13,000 | -$150,000 | -$17,000 | $7,000 |
| Net Income | -$14.5M | -$30.6M | -$115.8M | -$32.2M | -$17.6M | -$85.6M |
| Diluted EPS | -$16104000.00 | -$10428000.00 | -$10144200.00 | -$538560.00 | -$87360.00 | -$91.36 |
Greenlane Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $737,000 | $1.4M | $448,000 | $82,000 |
| Net Income | -$8.9M | -$69.6M | -$18.4M | -$24.8M |
| Diluted EPS | -$51.52 | -$9.29 | -$4.49 | -$6.06 |
Greenlane Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.4M | $12.9M | $6.5M | $463,000 | $899,000 | $32.5M |
| Current Assets | $96.1M | $124.7M | $76.7M | $29.8M | $23.8M | $36.1M |
| Total Assets | $122.7M | $285.8M | $146.1M | $38.1M | $28.6M | $74.9M |
| Current Liabilities | $41.9M | $71.0M | $35.7M | $26.1M | $22.3M | $7.2M |
| Total Long-Term Debt | $8.0M | $22.2M | $16.2M | $14.6M | $15.3M | — |
| Total Liabilities | $53.4M | $89.5M | $50.7M | $27.1M | $22.3M | $7.2M |
| Shareholders' Equity | $15.1M | $174.5M | $95.4M | $11.1M | $6.4M | $67.9M |
Greenlane Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$12.3M | -$37.3M | -$26.4M | -$1.8M | -$6.8M | -$16.3M |
| Cash From Investing | -$4.1M | -$19.7M | $12.0M | $30,000 | -$244,000 | -$8.3M |
| Cash From Financing | -$1.1M | $39.0M | $13.9M | -$10.1M | $7.4M | $56.1M |
| Free Cash Flow | -$14.1M | -$41.7M | -$29.2M | -$2.8M | -$6.9M | -$16.4M |
Figures from Greenlane's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Greenlane financials page for every line item.
Greenlane Company Profile
| Ticker | GNLN |
|---|---|
| Exchange | Nasdaq |
| Industry | Durable Goods (Other) (Wholesale) |
| Headquarters | Boca Raton, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001743745 |
Frequently Asked Questions
What was Greenlane's revenue in fiscal 2025?
Greenlane (GNLN) reported revenue of $4.4M for fiscal 2025.
What is Greenlane's annual revenue history?
Greenlane's annual revenue by fiscal year: 2020: $138.3M; 2021: $166.1M; 2022: $137.1M; 2023: $65.4M; 2024: $13.3M; 2025: $4.4M.
What was Greenlane's net income in fiscal 2025?
Greenlane reported net income of -$85.6M for fiscal 2025.
What was Greenlane's earnings per share (EPS) in fiscal 2025?
Greenlane's diluted EPS was -$91.36 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Greenlane generate in fiscal 2025?
Greenlane generated -$16.4M of free cash flow in fiscal 2025.
What was Greenlane's revenue last quarter?
In its most recent reported quarter (2026 Q2), Greenlane reported revenue of $82,000.
How many shares of Greenlane are outstanding?
Greenlane reported a weighted average of 4.1 million basic shares outstanding in 2026 Q2.
What is Greenlane's market cap?
Based on its latest closing price, Greenlane (GNLN) has a market capitalization of about $10.0M.
When does Greenlane's fiscal year end?
Greenlane's fiscal year end, as registered with the SEC, is December 31.
Where is Greenlane headquartered?
Greenlane lists its business address in Boca Raton, Florida in its SEC filings.