Greenlane (GNLN) Revenue & Revenue Breakdown


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Greenlane Revenue Highlights


Latest Revenue (Y)

$65.37M

Latest Revenue (Q)

$4.04M

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
2024-09-30$4.04M52.26%
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 $4.04M in revenue during Q3 2024, up 52.26% compared to the previous quarter, and up 20.58% 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$4.04M
XXII22nd Century Group$32.20M$5.95M
KAVLKaival Brands Innovations Group$13.09M$274.62K

GNLN Revenue FAQ


What is Greenlane’s yearly revenue?

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.

What is Greenlane’s quarterly revenue?

Greenlane's quarterly revenue for Q3 2024 was $4.04M, a 52.26% increase from the previous quarter (Q2 2024), and a -65.78% decrease year-over-year (Q3 2023). The company'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). GNLN'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).

What is Greenlane’s revenue growth rate?

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%.

What are Greenlane’s revenue streams?

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

What is Greenlane’s main source of 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.