Greenlane (GNLN) Revenue & Revenue Breakdown


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Greenlane Revenue Highlights


Latest Revenue (Y)

$65.37M

Latest Revenue (Q)

$2.65M

Main Segment (Y)

Other Industrial Products

Main Geography (Y)

UNITED STATES

Greenlane Revenue by Period


Greenlane Revenue by Year

DateRevenueChange
2023-12-31$65.37M-52.31%
2022-12-31$137.09M-17.45%
2021-12-31$166.06M20.07%
2020-12-31$138.30M-25.24%
2019-12-31$185.01M3.39%
2018-12-31$178.93M102.74%
2017-12-31$88.26M-

Greenlane generated $65.37M in revenue during NA 2023, up -52.31% compared to the previous quarter, and up 36.53% compared to the same period a year ago.

Greenlane Revenue by Quarter

DateRevenueChange
2024-06-30$2.65M-46.16%
2024-03-31$4.93M-50.69%
2023-12-31$9.99M-15.35%
2023-09-30$11.80M-39.87%
2023-06-30$19.63M-18.09%
2023-03-31$23.96M8.97%
2022-12-31$21.99M-23.34%
2022-09-30$28.68M-28.15%
2022-06-30$39.92M-14.22%
2022-03-31$46.53M-16.94%
2021-12-31$56.02M35.60%
2021-09-30$41.31M19.01%
2021-06-30$34.72M2.08%
2021-03-31$34.01M-6.24%
2020-12-31$36.27M1.42%
2020-09-30$35.76M10.38%
2020-06-30$32.40M-4.33%
2020-03-31$33.87M-9.05%
2019-12-31$37.24M-17.04%
2019-09-30$44.89M-15.29%
2019-06-30$52.99M6.19%
2019-03-31$49.90M-3.22%
2018-12-31$51.56M18.35%
2018-09-30$43.56M7.40%
2018-06-30$40.56M-6.23%
2018-03-31$43.26M41.39%
2017-12-31$30.60M56.69%
2017-09-30$19.53M2.99%
2017-06-30$18.96M-1.14%
2017-03-31$19.18M-

Greenlane generated $2.65M in revenue during Q2 2024, up -46.16% compared to the previous quarter, and up 11.07% compared to the same period a year ago.

Greenlane Revenue Breakdown


Greenlane Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19
Other Industrial Products$35.29M---
Third Party Brands$33.07M---
Consumer Goods-$110.11M--
Industrial Goods-$55.95M--
Other--$3.08M$4.13M
Papers And Wraps--$7.22M$4.09M
Vaporizer And Components--$93.57M$144.19M
Tools And Appliances--$6.84M$3.64M
Parts, Accessories And CBD--$2.46M$3.36M
Grinders--$5.77M$3.35M
Functional And Glass--$5.16M$6.04M
Custom Products And Packaging--$10.52M$12.11M
Closed System--$3.70M$4.09M

Greenlane's latest annual revenue breakdown by segment (product or service), as of Dec 22: Other Industrial Products (51.62%), and Third Party Brands (48.38%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21
Consumer Goods$5.99M$6.03M$7.81M$6.52M$8.56M$15.91M$17.14M--
Industrial Goods$5.81M$13.60M$16.15M$15.44M$20.11M$24.00M$29.39M--
United States Segment-------$37.50M$30.69M

Greenlane's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Consumer Goods (50.75%), and Industrial Goods (49.25%).

Greenlane Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19
CANADA$5.81M$12.52M$15.09M$22.84M
UNITED STATES$126.33M$140.56M$109.66M$155.00M
Europe$4.94M$11.13M$10.83M$3.63M
Other-$1.85M$2.72M$3.54M

Greenlane's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (92.16%), CANADA (4.24%), and Europe (3.61%).

Quarterly Revenue by Country

CountryMar 23Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Consumer Goods$7.81M-----------
Industrial Goods$16.15M-----------
Europe Segment-$2.83M$2.61M---------
Canada Segment-$982.00K$1.41M---------
Europe---$2.78M$3.12M$2.33M$2.52M$2.33M----
UNITED STATES---$28.67M$30.06M$28.98M$26.37M$27.13M$31.23M$38.60M--
CANADA---$2.56M$3.10M$4.45M$3.51M$4.41M$3.37M$6.29M--
United States----------$47.29M$43.13M
Canada----------$5.70M$6.77M

Greenlane's latest quarterly revenue breakdown by geography, as of Mar 23: Industrial Goods (67.40%), and Consumer Goods (32.60%).

Greenlane Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RLXRLX$1.24B$65.15M
TPBTurning Point Brands$405.39M$163.18M
GNLNGreenlane$65.37M$2.65M
XXII22nd Century Group$32.20M$7.95M
KAVLKaival Brands Innovations Group$13.09M$2.23M
HPCOHempacco$4.05M$1.33M

GNLN Revenue FAQ


Greenlane's yearly revenue for 2023 was $65.37M, representing a decrease of -52.31% compared to 2022. The company's yearly revenue for 2022 was $137.08M, representing a decrease of -17.45% compared to 2021. GNLN's yearly revenue for 2021 was $166.06M, representing an increase of 20.07% compared to 2020.

Greenlane's quarterly revenue for Q2 2024 was $2.65M, a -46.16% decrease from the previous quarter (Q1 2024), and a -86.49% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.93M, a -50.69% decrease from the previous quarter (Q4 2023), and a -79.44% decrease year-over-year (Q1 2023). GNLN's quarterly revenue for Q4 2023 was $9.99M, a -15.35% decrease from the previous quarter (Q3 2023), and a -54.57% decrease year-over-year (Q4 2022).

Greenlane's revenue growth rate for the last 3 years (2021-2023) was -60.63%, and for the last 5 years (2019-2023) was -64.66%.

Greenlane's revenue streams in c 22 are Other Industrial Products, and Third Party Brands. Other Industrial Products generated $35.29M in revenue, accounting 51.62% of the company's total revenue Third Party Brands generated $33.07M in revenue, accounting 48.38% of the company's total revenue

For the fiscal year ending Dec 22, the largest source of revenue of Greenlane was Other Industrial Products. This segment made a revenue of $35.29M, representing 51.62% of the company's total revenue.