Stocks · Industrials · Wholesale-Durable Goods, NEC

Greenlane Holdings, Inc.

GNLN Clue Score28
United States Fiscal year ends December CIK 0001743745
$2.84 +0.35% Close, 9 Oct 2026
Price $2.84 +28.51% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 18 Apr 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue178.9Operating income−2.5Net income−5.9Fiscal year 2019Revenue185.0 +3.4%Operating income−24.9Net income−28.8Fiscal year 2020Revenue138.3 −25.2%Operating income−49.0Net income−14.5EPS, diluted−1.22Fiscal year 2021Revenue166.1 +20.1%Operating income−52.7Net income−30.6EPS, diluted−15.85Fiscal year 2022Revenue137.1 −17.4%Operating income−184.1Net income−169.5EPS, diluted−22.51Fiscal year 2023Revenue65.4 −52.3%Operating income−26.1Net income−32.2EPS, diluted−8.16Fiscal year 2024Revenue13.3 −79.7%Operating income−11.8Net income−17.6EPS, diluted−14.56Fiscal year 2025Revenue4.4 −67.2%Operating income−54.2Net income−85.6EPS, diluted−11.42
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 178.9 185.0 138.3 166.1 137.1 65.4 13.3 4.4
Growth +3.4% −25.2% +20.1% −17.4% −52.3% −79.7% −67.2%
Operating income −2.5 −24.9 −49.0 −52.7 −184.1 −26.1 −11.8 −54.2
Net income −5.9 −28.8 −14.5 −30.6 −169.5 −32.2 −17.6 −85.6
Growth
EPS, diluted n/a n/a −1.22 −15.85 −22.51 −8.16 −14.56 −11.42

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin20.0%Operating margin−1.4%Net margin−3.3%Free cash flow margin−13.7%Fiscal year 2019Gross margin16.8%Operating margin−13.5%Net margin−15.6%Free cash flow margin−21.0%Fiscal year 2020Gross margin16.5%Operating margin−35.4%Net margin−10.5%Free cash flow margin−10.2%Fiscal year 2021Gross margin20.4%Operating margin−31.7%Net margin−18.4%Free cash flow margin−25.1%Fiscal year 2022Gross margin18.2%Operating margin−134.3%Net margin−123.7%Free cash flow margin−21.3%Fiscal year 2023Gross margin27.3%Operating margin−39.9%Net margin−49.2%Free cash flow margin−4.3%Fiscal year 2024Gross margin47.3%Operating margin−89.0%Net margin−132.9%Free cash flow margin−52.7%Fiscal year 2025Gross margin−286.2%Operating margin−1,245.6%Net margin−1,965.1%Free cash flow margin−375.6%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 20.0% 16.8% 16.5% 20.4% 18.2% 27.3% 47.3% −286.2%
Operating margin −1.4% −13.5% −35.4% −31.7% −134.3% −39.9% −89.0% −1,245.6%
Net margin −3.3% −15.6% −10.5% −18.4% −123.7% −49.2% −132.9% −1,965.1%
Free cash flow margin −13.7% −21.0% −10.2% −25.1% −21.3% −4.3% −52.7% −375.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−13.6Capital expenditure−10.9Free cash flow−24.5Fiscal year 2019Operating cash flow−36.9Capital expenditure−2.0Free cash flow−38.9Buybacks−0.5Fiscal year 2020Operating cash flow−12.3Capital expenditure−1.8Free cash flow−14.1Fiscal year 2021Operating cash flow−37.3Capital expenditure−4.4Free cash flow−41.7Fiscal year 2022Operating cash flow−26.4Capital expenditure−2.8Free cash flow−29.2Fiscal year 2023Operating cash flow−1.8Capital expenditure−1.0Free cash flow−2.8Fiscal year 2024Operating cash flow−6.8Capital expenditure−0.2Free cash flow−7.0Fiscal year 2025Operating cash flow−16.3Capital expenditure−0.1Free cash flow−16.4
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −13.6 −36.9 −12.3 −37.3 −26.4 −1.8 −6.8 −16.3
Capital expenditure −10.9 −2.0 −1.8 −4.4 −2.8 −1.0 −0.2 −0.1
Free cash flow −24.5 −38.9 −14.1 −41.7 −29.2 −2.8 −7.0 −16.4
Growth
Buybacks n/a −0.5 n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash7.3Total debt48.5Net cash (debt)−41.2Shareholders’ equity−11.1Fiscal year 2019Cash47.8Total debt8.2Net cash (debt)39.6Shareholders’ equity22.4Debt to equity0.37Fiscal year 2020Cash30.4Total debt8.0Net cash (debt)22.4Shareholders’ equity15.1Debt to equity0.53Fiscal year 2021Cash12.9Total debt22.2Net cash (debt)−9.4Shareholders’ equity174.5Debt to equity0.13Fiscal year 2022Cash6.5Total debt16.2Net cash (debt)−9.8Shareholders’ equity39.0Debt to equity0.42Fiscal year 2023Cash0.5Total debt14.6Net cash (debt)−14.1Shareholders’ equity11.1Debt to equity1.31Fiscal year 2024Cash0.9Total debt15.3Net cash (debt)−14.4Shareholders’ equity6.4Debt to equity2.39Fiscal year 2025Cash32.5Shareholders’ equity67.9
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 7.3 47.8 30.4 12.9 6.5 0.5 0.9 32.5
Total debt 48.5 8.2 8.0 22.2 16.2 14.6 15.3 n/a
Net cash (debt) −41.2 39.6 22.4 −9.4 −9.8 −14.1 −14.4 n/a
Shareholders’ equity −11.1 22.4 15.1 174.5 39.0 11.1 6.4 67.9
Debt to equity n/a 0.37 0.53 0.13 0.42 1.31 2.39 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022† 31 Dec 2022 FY2023† 31 Dec 2023 FY2024† 31 Dec 2024 FY2025† 31 Dec 2025
Operations
−13.6 −36.9 −12.3 −37.3 −26.4 −1.8 −6.8 −16.3
Growth
n/a n/a n/a n/a n/a 2.2 0.8 0.5
Investment
−10.9 −2.0 −1.8 −4.4 −2.8 −1.0 −0.2 −0.1
calc −24.5 −38.9 −14.1 −41.7 −29.2 −2.8 −7.0 −16.4
Growth
calc n/a n/a −1.18 −21.62 −38.79 −7.71 −5.77 −2.18
−10.2 −3.7 −4.1 −19.7 12.0 0.0 −0.2 −8.3
Financing
29.1 81.0 −1.1 39.0 13.9 −10.1 7.4 56.1
n/a −0.5 n/a n/a n/a n/a n/a n/a

† The diluted share count jumps at 2021 and 2022 and 2023 and 2024 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.