Friday 6 November 2026 Export GNLN’s income statement to Excel — free account

Greenlane Holdings, Inc.

Greenlane Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 million, down 67.2% from fiscal 2024.

Revenue: −50.4%
EPS: +76.2%
Free cash flow: +23.8%

Quarter to June 2026, against a year earlier

1.20 0.06 −4.76%

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Market cap: $850.0K
P/E: 0.0×
Fwd P/E: −0.1×
Dividend yield: —
F-score: 3/9
Altman Z: −7.62
Beneish M: n/a
Dividend safety: n/a

Overview

Insider Decisions last twelve months

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 83.89%

Capital & Financial Ratios $m

Size

Market Cap 0.85

Revenue ttm 2.94

Net income ttm (121.54)

Free cash flow ttm (34.95)

Net debt Q (6.06)

Valuation

P/E 0.00

Forward P/E (0.10)

Price / sales 1.67

Forward P/S Powerpack

Price / FCF 0.00

Price / book 0.19

Financial health

Current ratio Q 2.36

Debt / equity Q 0.00

Interest coverage Q 149.27

Growth

Revenue growth Q −50.38%

Operating income growth Q −0.86%

EPS, this year —

EPS, next year A —

Revenue, next year A +63.68%

EPS, past 5 yrs —

EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 35.67%

10-year low 10-year high

P/B against its own 10 years 8.80%

10-year low 10-year high

EV/Sales against its own 10 years 35.63%

10-year low 10-year high

Dividends

Yield: —
Annual rate: —
Payout ratio: —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	0	1	33	6
Receivables	2	4	2	8
Inventory	21	14	—	—
Other	7	4	2	1
	30	24	36	15

	2023	2024	2025	Q'26
Payables	12	10	5	6
ST’ Debt	—	—	—	—
Other	3	3	—	—
	26	22	7	7

Compound Annual Growth %

	10y	5y	3y
Sales	—	(49.92%)	(68.33%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(0.45%)	20.21%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY23 Estimate −284,336.13 Actual −444,105.94

−8,856,054.76 −6,433,612.54 −4,011,170.32 −1,588,728.09 833,714.13

Q3 FY22 Miss −6,925,615.56

Q4 FY22 Beat +67,699.13

Q1 FY23 Beat +365,574.97

Q2 FY23 Miss −159,769.81

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY22	−812,388.94	−7,738,004.50	Miss by 6,925,615.56
Q4 FY22	−758,229.69	−690,530.56	Beat by 67,699.13
Q1 FY23	−798,849.06	−433,274.09	Beat by 365,574.97
Q2 FY23	−284,336.13	−444,105.94	Miss by 159,769.81

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(4.49)	(6.06)	—	—	—
’25	(1.91k)	(25.44)	(51.52)	(20.20)	(91.36)
’24	(56.33k)	(7.99k)	(13.69k)	(23.30k)	(87.36k)
’23	(433.27k)	(444.11k)	(11.27k)	(36.20k)	(538.56k)
’22	(4.16)	(1.54m)	(7.74m)	(690.53k)	(10.41m)
’21	(3.79m)	(2.17m)	(5.55m)	(1.22m)	(15.85)
’20	(5.82m)	(2.44m)	(4.74m)	(3.52m)	(1.22)

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	0	0	—	—	—
’25	1	1	1	1	4
’24	5	3	4	2	13
’23	24	20	12	10	65
’22	47	40	29	22	137
’21	34	35	41	56	166
’20	34	32	36	36	138

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(5)	(2)	—	—	—
’25	(3)	(4)	(4)	(4)	(16)
’24	0	0	(5)	(2)	(7)
’23	2	3	(3)	(3)	(2)
’22	(12)	(2)	(9)	(4)	(26)
’21	(15)	0	(17)	(5)	(37)
’20	(1)	(1)	(1)	(9)	(12)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(15)	(3)	—	—	—
’25	(3)	(5)	(4)	(13)	(25)
’24	0	0	(5)	(2)	(7)
’23	2	3	(4)	(3)	(3)
’22	(13)	(2)	0	(5)	(20)
’21	(16)	(1)	(18)	(7)	(41)
’20	(2)	(2)	(2)	(9)	(15)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM Jun ’26	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	67	88	179	185	138	166	137	65	13	4	3		(26.2%)	—	—	—	—
	Gross margin, %	12.10	23.31	19.97	16.80	16.46	20.39	18.22	27.27	47.32	(286.22)	(430.03)		(298.3) pt	Powerpack Greenlane Holdings, Inc.’s next three years, line by line See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	0	2	(6)	(29)	(48)	(53)	(182)	(32)	(18)	(86)	(122)		n/m
	EBT margin, %	0.29	2.80	(3.11)	(15.62)	(34.35)	(32.16)	(132.94)	(49.45)	(133.01)	(1,964.94)	(4,138.24)		(1,965.2) pt
	Net income	0	2	(6)	(40)	(48)	(53)	(182)	(32)	(18)	(86)	(122)		n/m
Per share, $
Per share, $	Revenue	6.38	168.95	3,427.87	240,705,178.25	11.58	86.04	0.00	1,080,545.45	65,717.82	4.65	0.72		(3.5%)
	Earnings	0.01	4.39	(112.71)	(12,672,000.00)	(1.22)	(15.85)	(10,405,350.00)	(538,560.00)	(87,360.00)	(91.36)	(82.27)		n/m
	Cash flow	0.25	5.98	(260.11)	(48,013,270.88)	(1.03)	(19.34)	0.00	(29,636.36)	(33,415.84)	(17.36)	(3.77)		n/m
	Capex	0.00	(1.70)	(209.31)	(2,697,111.63)	(0.19)	(2.10)	0.00	(16,644.63)	(1,207.92)	(8.82)	(4.75)		n/m
	Free cash flow	0.25	4.28	(469.43)	(50,710,382.51)	(1.22)	(21.44)	0.00	(46,280.99)	(34,623.76)	(26.19)	(8.53)		n/m
	Book value	0.71	17.99	(211.86)	148,665,105.39	5.80	101.74	0.00	181,685.95	31,099.01	72.32	6.22		+67.1%
	Shares, m	10	1	0	0	12	2	0	0	0	1	3		(23.5%)
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00		0.0
	P/S	15,042,942.74	15,042,942.74	15,042,942.74	2,356,086.13	4,515,368.93	147,891.51	0.00	0.06	0.28	9.93	1.67		5,214,818.5
	P/B	0.00	0.00	0.00	3,814,762.92	9,017,046.42	125,068.06	0.00	0.33	0.60	0.64	0.19		1,295,687.9
	EV/Sales	15,042,943.09	15,042,943.09	15,042,943.09	2,356,085.91	4,515,368.76	147,891.50	0.01	0.09	0.41	3.06	0.49		5,214,817.9
	EV/FCF	(95,429,981.56)	(95,429,981.56)	(95,429,981.56)	(11,183,549.63)	(42,794,049.31)	(590,499.20)	(0.04)	(2.05)	(0.78)	(0.54)	(0.04)		(34,085,804.6)
Cash, $m
Cash, $m	Operating cash flow	3	3	(14)	(37)	(12)	(37)	(26)	(2)	(7)	(16)	(15)		n/m
	Capex	0	(1)	(11)	(2)	(2)	(4)	7	(1)	0	(8)	(19)		+68.3%
	Free cash flow	3	2	(25)	(39)	(15)	(41)	(20)	(3)	(7)	(25)	(35)		n/m
Balance, $m
Balance, $m	Working capital	4	4	27	89	54	54	41	4	2	29	9		+26.2%
	Net debt	1	(1)	41	(40)	(22)	(2)	1	0	(1)	(33)	(6)		n/m
	Shareholders’ equity	7	9	(11)	114	69	196	39	11	6	68	25		+27.8%
Returns, %
Returns, %	ROA	0.38	10.06	(10.94)	(8.41)	(10.53)	(14.97)	(90.28)	(50.36)	(52.87)	(165.27)	(381.46)		(165.6) pt
	ROIC	0.00	21.29	(5.17)	(20.85)	(65.31)	(16.97)	(288.50)	(154.83)	(137.18)	(96.29)	(181.44)		(96.3) pt
	ROE	1.03	27.21	708.03	(18.85)	(15.82)	(23.03)	(144.05)	(128.74)	(204.24)	(231.28)	(535.74)		(232.3) pt
People
People	Employees	—	—	256	350	264	256	145	66	49	11	—		(36.2%)
	Revenue/emp, $m	0.00	0.00	0.70	0.53	0.52	0.65	0.95	0.99	0.27	0.40	—		n/m

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MO Altria Group, Inc.	$129.1B	16.1×	14.1×	+0.99% (above 0%: growing)	+6.83% (above 0%: growing)	−1.35% (below 0%: shrinking)	64.27%	54.03%	Compare
RLX RLX Technology Inc. Sponsored ADR	$1.5B	15.3×	12.2×	+21.90% (above 0%: growing)	+30.00% (above 0%: growing)	−129.25% (below 0%: shrinking)	39.03%	14.22%	Compare
TPB Turning Point Brands, Inc.	$1.4B	28.4×	55.2×	+22.57% (above 0%: growing)	−77.78% (below 0%: shrinking)	+235.11% (above 0%: growing)	65.55%	11.69%	Compare
AIIR Air Global PLC	$1.2B	285×	—	—	n/m	−487.91% (below 0%: shrinking)	56.58%	(46.44%)	Compare
UVV Universal Corporation	$1.0B	— (loss-making)	13.0×	−17.55% (below 0%: shrinking)	−63.24% (below 0%: shrinking)	−551.15% (below 0%: shrinking)	17.29%	6.86%	Compare
ISPR Ispire Technology Inc.	$82.6M	— (loss-making)	— (loss-making)	+32.55% (above 0%: growing)	n/m	−26.12% (below 0%: shrinking)	6.32%	(50.72%)	Compare
RYM RYTHM, Inc.	$35.4M	5.1×	— (loss-making)	+490.08% (above 0%: growing)	n/m	+217.62% (above 0%: growing)	0.00%	0.00%	Compare
GNLN Greenlane Holdings, Inc.	$850.0K	— (loss-making)	— (loss-making)	−50.38% (below 0%: shrinking)	n/m	+23.77% (above 0%: growing)	87.21%	(839.90%)
XXII 22nd Century Group, Inc	$640.0K	— (loss-making)	— (loss-making)	−29.86% (below 0%: shrinking)	n/m	−57.41% (below 0%: shrinking)	(10.23%)	(114.91%)	Compare
Median of peers	$1.1B	16.1×	13.6×	+21.90%	−28.20%	−41.76%	28.16%	3.43%

All 11 Tobacco stocks →

Pay and ownership Proxy statement filed 26 February 2026

Ownership

Directors and executive officers, together 12.97%

Donald Hunter 6.29%

Michael C. Howe 6.10%

Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Greenlane Holdings, Inc. (GNLN) Latest News

14 Aug

Impact 3 · 4:15 PM

Greenlane Reports Second Quarter 2026 Financial Results

Impact 3 · 5:35 PM · ACCESS Newswire

Greenlane Reports Second Quarter 2025 Financial Results

Impact 3 · 5:16 PM · Associated Press Finance

Greenlane: Q2 Earnings Snapshot

7 May

Impact 4 · 1:29 PM

Greenlane Holdings (GNLN) Regains Compliance With Nasdaq

9 Apr

Impact 4 · 7:30 AM · GlobeNewswire

Greenlane Holdings Provides Digital Asset Treasury Update and Announces $2.0 Million Share Repurchase Program

26 Jan

Impact 4 · 9:42 AM · ACCESS Newswire

Greenlane to Deploy up to 30 Million Units of BERA Into Validator Infrastructure to Participate in Protocol-Level Yield Mechanisms, Bringing Total Validator Deployment to up to 50 Million Units

Impact 4 · 8:00 AM · ACCESS Newswire

Greenlane to Deploy up to 30 Million Units of BERA Into Validator Infrastructure to Participate in Protocol-Level Yield Mechanisms, Bringing Total Validator Deployment to up to 50 Million Units

15 Dec

Impact 4 · 7:30 AM · ACCESS Newswire

Greenlane Announces Results of Annual Meeting of Stockholders, Canopy Growth Co Founder Bruce Linton Joins Greenlane's Board of Directors

14 Nov

Impact 3 · 4:22 PM · Associated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press Finance

Greenlane: Q3 Earnings Snapshot

Impact 3 · 4:15 PM · ACCESS Newswire

Greenlane Reports Third Quarter 2025 Financial Results

24 Oct

Impact 4 · 8:00 AM · ACCESS NewswireMT Newswires99bitcoinsCoinspeaker

Greenlane Holdings Inc. Completes $110 Million Private Placement, Prepares to Deploy Funds to Accumulate BERA

2 Aug

Impact 4 · 9:51 AM · Insider Monkey

Greenlane Holdings, Inc. (GNLN) Expands Into Health Tech with Fentanyl Safety Strips Deal

14 Jul

Impact 4 · 8:30 AM · ACCESS Newswire

Greenlane Selects JointCommerce as its B2C E-Commerce Digital Marketing Platform

2 Jul

Impact 4 · 8:30 AM · ACCESS Newswire

Greenlane's Leading Wholesale Platform Provides Exclusive Fulfillment of All Safety Strips Tech Corp's. Harm Reduction Solutions Offered via its Direct-to-Consumer Ecommerce Store

30 Jun

Impact 4 · 8:30 AM

Greenlane Bolsters Global Sales Effort with Appointment of Mike Hinson as Executive Vice President of Sales

24 Jun

Impact 3 · 5:00 PM

Greenlane Announces Board's Approval of Reverse Stock Split Ratio

4 Jun

Impact 4 · 8:30 AM · ACCESS Newswire

Greenlane and PAX Renew Distribution Agreement

2 Jun

Impact 4 · 8:05 PM · ACCESS Newswire

Greenlane Granted Continued Listing from Nasdaq Hearings Panel, Subject to Return to Compliance with Nasdaq Listing Rules

21 May

Impact 4 · 8:30 AM · ACCESS Newswire

Greenlane and Greentank Technologies Announce U.S. Distribution Agreement

25 Mar

Impact 3 · 8:30 AM

Greenlane Selects Mainstem's B2B Procurement Platform to Compliment its Supply Chain Ecosystem

21 Mar

Impact 4 · 8:30 AM · ACCESS Newswire

Greenlane Reports Fourth Quarter and Full Year 2024 Financial Results

10 Mar

Impact 3 · 12:00 AM

Greenlane Names Cannabis Creative Group as New Digital Marketing Agency

20 Feb

Impact 3 · 10:00 AM · ACCESS Newswire

Aegis Capital Corp. acted as Exclusive Placement Agent on a $25.0 Million Private Placement Priced At-the-Market for Greenlane Holdings, Inc. (NASDAQ:GNLN)

19 Feb

Impact 4 · 2:15 PM

Greenlane Holdings, Inc. Announces Closing of $25.0 Million Private Placement

18 Feb

Impact 3 · 9:00 AM · ACCESS Newswire

Greenlane Holdings, Inc. Announces $25.0 Million Private Placement Priced at the Market Under Nasdaq Rules

15 Jan

Impact 3 · 8:30 AM

Greenlane Regains Full Compliance with Nasdaq Continued Listing Rules

6 Jan

Impact 3 · 8:30 AM

Greenlane Signs New Exclusive U.S. Distribution Agreement with Green Gruff USA Inc.

23 Dec

Impact 4 · 8:30 AM · ACCESSWIRE

Greenlane Appoints Rob Shields as Chief Growth Officer

5 Dec

Impact 4 · 8:30 AM · ACCESSWIRE

Greenlane Continues Product Diversification Strategy with Additional Homeland Security and Health Safety Product Offering

3 Dec

Impact 4 · 8:30 AM

Greenlane Signs Exclusive Global Multi-Year Global Agreement to Distribute the CURB Lifestyle, Inc. Breakthrough Inhalation Device Technology for Nicotine, Cannabinoids and Other Wellness Compounds

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to December

Greenlane Holdings, Inc. vs peers in Tobacco (Q) = latest quarter vs a year earlier

Pay and ownership Proxy statement filed 26 February 2026

Ownership

Greenlane Holdings, Inc. (GNLN) Latest News

14 Aug

7 May

9 Apr

26 Jan

15 Dec

14 Nov

24 Oct

2 Aug

14 Jul

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30 Jun

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