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Greenidge Generation (GREE) Revenue & Revenue Breakdown

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Greenidge Generation Revenue Highlights

Latest Revenue (Y)

$70.39M

Latest Revenue (Q)

$12.35M

Main Segment (Y)

Cryptocurrency Mining

Greenidge Generation Revenue by Period

Greenidge Generation Revenue by Year

DateRevenueChange
2023-12-31$70.39M-21.77%
2022-12-31$89.98M-16.12%
2021-12-31$107.28M433.34%
2020-12-31$20.11M353.12%
2019-12-31$4.44M-93.62%
2018-12-31$69.55M15.68%
2017-12-31$60.12M-2.50%
2016-12-31$61.66M-20.27%
2015-12-31$77.33M-

Greenidge Generation generated $70.39M in revenue during NA 2023, up -21.77% compared to the previous quarter, and up 101.21% compared to the same period a year ago.

Greenidge Generation Revenue by Quarter

DateRevenueChange
2024-09-30$12.35M-5.41%
2024-06-30$13.06M-32.46%
2024-03-31$19.33M-1.57%
2023-12-31$19.64M-5.92%
2023-09-30$20.88M41.94%
2023-06-30$14.71M-2.95%
2023-03-31$15.16M-5.34%
2022-12-31$16.01M-45.46%
2022-09-30$29.36M28.06%
2022-06-30$22.93M-39.12%
2022-03-31$37.66M-14.97%
2021-12-31$44.28M23.86%
2021-09-30$35.75M121.03%
2021-06-30$16.18M46.22%
2021-03-31$11.06M79.10%
2020-12-31$6.18M0.88%
2020-09-30$6.12M31.06%
2020-06-30$4.67M48.70%
2020-03-31$3.14M-

Greenidge Generation generated $12.35M in revenue during Q3 2024, up -5.41% compared to the previous quarter, and up 83.96% compared to the same period a year ago.

Greenidge Generation Revenue Breakdown

Greenidge Generation Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Power And Capacity$10.63M$6.67M$16.17M$9.43M
Cryptocurrency Mining$19.06M$24.24M--
Cryptocurrency Datacenter--$73.81M$87.90M
Service Other---$9.95M

Greenidge Generation's latest annual revenue breakdown by segment (product or service), as of Dec 24: Cryptocurrency Mining (64.19%), and Power And Capacity (35.81%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Cryptocurrency Mining$4.02M$3.27M$7.00M$4.27M$6.60M$6.91M$6.45M$18.27M$20.07M$23.23M$31.16M$14.06M--
Power And Capacity$3.52M$2.59M$3.04M$218.00K$2.14M$2.55M$1.76M$3.77M$3.61M$2.86M$5.92M$2.17M$3.08M$2.11M
Service, Other--------$7.47M$8.41M$8.50M$1.52M--
Service Other-----------$8.43M--

Greenidge Generation's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Cryptocurrency Mining (53.34%), and Power And Capacity (46.66%).

Greenidge Generation Revenue Breakdown by Country

Quarterly Revenue by Country

CountryMar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Cryptocurrency Mining$6.45M$18.27M$20.07M$23.23M$31.16M$14.06M--
Power And Capacity$1.76M$3.77M$3.61M$2.86M$5.92M$2.17M$3.08M$2.11M
Service, Other--$7.47M$8.41M$8.50M$1.52M--
Service Other-----$8.43M--

Greenidge Generation's latest quarterly revenue breakdown by geography, as of Mar 23: Cryptocurrency Mining (78.55%), and Power And Capacity (21.45%).

Greenidge Generation Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CLSKCleanSpark$378.97M$162.31M
BITFBitfarms$149.05M$50.09M
IRENIris Energy$75.51M$53.95M
GREEGreenidge Generation$70.39M$12.35M
WULFTeraWulf$69.23M$27.06M
ARBKArgo Blockchain$57.72M$16.83M
CIFRCipher Mining--

GREE Revenue FAQ

What is Greenidge Generation’s yearly revenue?

Greenidge Generation's yearly revenue for 2023 was $70.39M, representing a decrease of -21.77% compared to 2022. The company's yearly revenue for 2022 was $89.98M, representing a decrease of -16.12% compared to 2021. GREE's yearly revenue for 2021 was $107.28M, representing an increase of 433.34% compared to 2020.

What is Greenidge Generation’s quarterly revenue?

Greenidge Generation's quarterly revenue for Q3 2024 was $12.35M, a -5.41% decrease from the previous quarter (Q2 2024), and a -40.84% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $13.06M, a -32.46% decrease from the previous quarter (Q1 2024), and a -11.24% decrease year-over-year (Q2 2023). GREE's quarterly revenue for Q1 2024 was $19.33M, a -1.57% decrease from the previous quarter (Q4 2023), and a 27.55% increase year-over-year (Q1 2023).

What is Greenidge Generation’s revenue growth rate?

Greenidge Generation's revenue growth rate for the last 3 years (2021-2023) was -34.39%, and for the last 5 years (2019-2023) was 1485.67%.

What are Greenidge Generation’s revenue streams?

Greenidge Generation's revenue streams in c 24 are Power And Capacity, and Cryptocurrency Mining. Power And Capacity generated $10.63M in revenue, accounting 35.81% of the company's total revenue, up 59.38% year-over-year. Cryptocurrency Mining generated $19.06M in revenue, accounting 64.19% of the company's total revenue, down -21.36% year-over-year.

What is Greenidge Generation’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Greenidge Generation was Cryptocurrency Mining. This segment made a revenue of $19.06M, representing 64.19% of the company's total revenue.