earnings
confidence high
sentiment positive
materiality 0.85
Greenidge FY2025 net income $4.2-5.2M, debt cut to $39M, NYSDEC permit secured
Greenidge Generation Holdings Inc.
- FY2025 total revenue $58.8M (down $0.8M YoY); net income $4.2-5.2M vs FY2024 net loss (improvement of $24-25M).
- Outstanding senior unsecured debt reduced to $39.0M as of Dec 31, 2025 from $68.5M at FY2024.
- Secured agreement with NYSDEC to issue final five-year Title V Air Permit for Dresden facility, ending litigation.
- Secured 100MW future power capacity: 60MW at Dresden (grid), 40MW in Mississippi by Q1 2027; exploring AI/HPC datacenter development.