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Greenidge Generation (GREE) Revenue & Revenue Breakdown

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Greenidge Generation Revenue Highlights

Latest Revenue (Y)

$70.45M

Latest Revenue (Q)

$12.35M

Main Segment (Y)

Cryptocurrency Mining

Greenidge Generation Revenue by Period

Greenidge Generation Revenue by Year

DateRevenueChange
2023-12-31$70.45M-21.71%
2022-12-31$89.98M-16.12%
2021-12-31$107.28M433.34%
2020-12-31$20.11M353.12%
2019-12-31$4.44M-

Greenidge Generation generated $70.45M in revenue during NA 2023, up -21.71% compared to the previous quarter, and up 0.00% 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 23Dec 22Dec 21
Power And Capacity$6.67M$16.17M$9.43M
Cryptocurrency Mining$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 23: Cryptocurrency Mining (78.41%), and Power And Capacity (21.59%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Power And Capacity$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
Cryptocurrency Mining$3.27M$7.00M$4.27M$6.60M$6.91M$6.45M$18.27M$20.07M$23.23M$31.16M$14.06M--
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 Sep 24: Cryptocurrency Mining (55.74%), and Power And Capacity (44.26%).

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
SDIGStronghold Digital Mining$74.97B$11.17M
CLSKCleanSpark$378.97M$104.11M
BITFBitfarms$149.05M$50.09M
IRENIris Energy$75.51M$53.95M
GREEGreenidge Generation$70.45M$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 $70.45M, representing a decrease of -21.71% 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 -34.33%, and for the last 5 years (2019-2023) was 1486.98%.

What are Greenidge Generation’s revenue streams?

Greenidge Generation's revenue streams in c 23 are Power And Capacity, and Cryptocurrency Mining. Power And Capacity generated $6.67M in revenue, accounting 21.59% of the company's total revenue, down -58.74% year-over-year. Cryptocurrency Mining generated $24.24M in revenue, accounting 78.41% of the company's total revenue

What is Greenidge Generation’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Greenidge Generation was Cryptocurrency Mining. This segment made a revenue of $24.24M, representing 78.41% of the company's total revenue.