Greenidge Generation (GREE) Revenue & Revenue Breakdown
Greenidge Generation Revenue Highlights
Latest Revenue (Y)
$70.45M
Latest Revenue (Q)
$13.06M
Main Segment (Y)
Cryptocurrency Mining
Greenidge Generation Revenue by Period
Greenidge Generation Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $70.45M | -21.71% |
| 2022-12-31 | $89.98M | -16.12% |
| 2021-12-31 | $107.28M | 433.34% |
| 2020-12-31 | $20.11M | 353.12% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $13.06M | -32.46% |
| 2024-03-31 | $19.33M | -1.57% |
| 2023-12-31 | $19.64M | -5.92% |
| 2023-09-30 | $20.88M | 41.94% |
| 2023-06-30 | $14.71M | -2.95% |
| 2023-03-31 | $15.16M | -5.34% |
| 2022-12-31 | $16.01M | -45.46% |
| 2022-09-30 | $29.36M | 28.06% |
| 2022-06-30 | $22.93M | -39.12% |
| 2022-03-31 | $37.66M | -14.97% |
| 2021-12-31 | $44.28M | 23.86% |
| 2021-09-30 | $35.75M | 121.03% |
| 2021-06-30 | $16.18M | 46.22% |
| 2021-03-31 | $11.06M | 79.10% |
| 2020-12-31 | $6.18M | 0.88% |
| 2020-09-30 | $6.12M | 31.06% |
| 2020-06-30 | $4.67M | 48.70% |
| 2020-03-31 | $3.14M | - |
Greenidge Generation generated $13.06M in revenue during Q2 2024, up -32.46% compared to the previous quarter, and up 86.15% compared to the same period a year ago.
Greenidge Generation Revenue Breakdown
Greenidge Generation Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Cryptocurrency Mining | $24.24M | - | - |
| Power And Capacity | $6.67M | $16.17M | $9.43M |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cryptocurrency Mining | $7.00M | $4.27M | $6.60M | $6.91M | $6.45M | $18.27M | $20.07M | $23.23M | $31.16M | $14.06M | - | - |
| Power And Capacity | $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 Mar 24: Cryptocurrency Mining (69.74%), and Power And Capacity (30.26%).
Greenidge Generation Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|
| Power And Capacity | $1.76M | $3.77M | $3.61M | $2.86M | $5.92M | $2.17M | $3.08M | $2.11M |
| Cryptocurrency Mining | $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 geography, as of Mar 23: Cryptocurrency Mining (78.55%), and Power And Capacity (21.45%).
Greenidge Generation Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SDIG | Stronghold Digital Mining | $74.97B | $19.10M |
| CLSK | CleanSpark | $168.41M | $104.11M |
| BITF | Bitfarms | $149.05M | $50.09M |
| IREN | Iris Energy | $75.51M | $53.95M |
| GREE | Greenidge Generation | $70.45M | $13.06M |
| WULF | TeraWulf | $69.23M | $35.57M |
| ARBK | Argo Blockchain | $57.72M | $16.83M |
| CIFR | Cipher Mining | - | $48.14M |
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 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). The company'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). GREE's quarterly revenue for Q4 2023 was $19.64M, a -5.92% decrease from the previous quarter (Q3 2023), and a 22.67% increase year-over-year (Q4 2022).
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 Cryptocurrency Mining, and Power And Capacity. Cryptocurrency Mining generated $24.24M in revenue, accounting 78.41% of the company's total revenue Power And Capacity generated $6.67M in revenue, accounting 21.59% of the company's total revenue, down -58.74% year-over-year.
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.