Latest revenue
$448.0K
as of 2026-03-31
Latest net income
$-18.4M
as of 2026-03-31
Net margin
-4098.2%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $284.1M
- Enterprise value
- $284.1M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $7.47
- 52-wk low
- $0.01
- Beta
- —
- Shares out
- 92.9M
5-year trend
What this company does
ITEM 1. BUSINESS Overview Founded in 2005, Greenlane is a public company whose primary strategic focus is a digital asset treasury strategy centered on BERA. We also continue to operate a reduced-scale wholesale and distribution business through an asset-light drop-ship model. In October 2025, we undertook a substantial strategic transition from a traditional wholesale and distribution operating model to a digital asset treasury strategy centered on BERA, the native digital asset of the layer-1 blockchain protocol known as Berachain (“Berachain”). While we continue to operate a scaled-down wholesale / distribution business, our primary capital allocation focus has shifted to the…
AI summary unavailable — showing raw filing excerpt
Generated from GNLN's filing dated 2026-03-31
Key risks
ITEM 1A. RISK FACTORS Our operations and financial results are subject to various risks and uncertainties, including but not limited to those described below, which could harm our business, reputation, financial condition, and operating results. The following is a description of what we consider the key challenges and material risks to our business and an investment in our Class A common stock. Risks Related to Our Digital Asset Trading Strategy and Cryptocurrencies We have recently adopted a digital asset treasury strategy with a focus on BERA, and we may be unable to successfully implement this new strategy. We have recently adopted our Treasury Policy primarily dedicated to BERA,…
AI summary unavailable — showing raw filing excerpt
Generated from GNLN's filing dated 2026-03-31
Profitability
Gross margin
-286.2%
704.8%Operating margin
-1245.6%
1299.5%Net margin
-1965.1%
1378.8%Return on equity
-126.1%
54.0%Return on assets
-114.2%
85.4%Leverage
Debt / equity
0.10×
97.0%Long-term debt / equity
0.14×
125.0%Debt / assets
9.4%
87.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $448.0K | -69.5% | $-18.4M | -374.8% | -4098.2% |
Q4 2025 2025-12-31 | $1.4M | -18.0% | $-69.6M | -692.6% | -5111.3% |
Q3 2025 2025-09-30 | $737.0K | -81.7% | $-8.9M | -137.8% | -1212.1% |
Q2 2025 2025-06-30 | $788.0K | -70.3% | $-3.2M | -422.8% | -408.0% |
Q1 2025 2025-03-31 | $1.5M | -70.2% | $-3.9M | +13.9% | -263.2% |
Q4 2024 2024-12-31 | $1.7M | — | $-8.8M | — | -529.1% |
Q3 2024 2024-09-30 | $4.0M | -65.8% | $-3.8M | +62.9% | -93.0% |
Q2 2024 2024-06-30 | $2.7M | -86.5% | $-615.0K | +93.2% | -23.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Wholesale-Durable Goods, NEC · SIC 5099
Your notes
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
0
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns GNLN
Institutional value
$98.3K
Total shares held
265.6K
Distinct holders
8
-5 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Yorkville Advisors Global, LP | 200.0K | $74.0K | +0 (+0.0%) | No change |
| 2 | JANE STREET GROUP, LLC | 35.5K | $13.1K | — | New |
| 3 | Ground Swell Capital, LLC | 19.8K | $7.3K | — | New |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 10.3K | $3.8K | — | New |
| 5 | Smallwood Wealth Investment Management, LLC | 33 | $12 | +25 (+312.5%) | Added |
| 6 | BNP PARIBAS FINANCIAL MARKETS | 2 | $1 | +0 (+0.0%) | No change |
| 7 | Caitong International Asset Management Co., Ltd | 1 | $0 | — | New |
| 8 | BlackRock, Inc. | 1 | $0 | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once GNLN's latest filing finishes processing.