--- title: "Greenlane | 8-K: FY2026 Q1 Revenue: USD 448 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286609807.md" datetime: "2026-05-15T20:24:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286609807.md) - [en](https://longbridge.com/en/news/286609807.md) - [zh-HK](https://longbridge.com/zh-HK/news/286609807.md) --- # Greenlane | 8-K: FY2026 Q1 Revenue: USD 448 K Revenue: As of FY2026 Q1, the actual value is USD 448 K. EPS: As of FY2026 Q1, the actual value is USD -4.49. EBIT: As of FY2026 Q1, the actual value is USD -5.606 M. #### Net Revenue Net revenue for Greenlane Holdings, Inc. was approximately $0.4 million for the first quarter of 2026, representing a decrease of approximately 70% compared to $1.5 million in the first quarter of 2025 . This included approximately $27 thousand from the Wholesale and Distribution Segment and approximately $421 thousand in staking revenue from the Digital Asset Segment . #### Gross Profit Gross profit for the first quarter of 2026 was approximately $217 thousand, marking a 70% decrease compared to the first quarter of 2025 . #### Operating Loss Loss from operations was - $5.6 million in the first quarter of 2026, compared to - $3.5 million in the first quarter of 2025 . The 2026 period included approximately $2.3 million of elevated legal, professional, and advisory costs . #### Net Loss Attributable to Greenlane Holdings, Inc. Net loss attributable to Greenlane Holdings, Inc. was - $18.4 million for the first quarter of 2026, compared to - $3.9 million in the prior year period, indicating a 375% increase in net loss . #### Digital Asset Holdings and Strategy Greenlane Holdings, Inc. held approximately 77.7 million units of BERA (inclusive of BERA-equivalent tokens) as of March 31, 2026, an increase from approximately 51.7 million units at December 31, 2025 . The cost basis for these holdings was approximately $68.7 million, with a fair value of approximately $34.2 million as of March 31, 2026 . BERA-per-share increased by approximately 44% from 86 units per Class A share at December 31, 2025, to 123 units per Class A share at March 31, 2026 . During the first quarter of 2026, the company deployed approximately $10.1 million into BERA and BERA-equivalent digital assets and about $4.0 million into stablecoin-related protocol instruments . The company recognized approximately $0.4 million in staking revenue from participation in Berachain’s Proof of Liquidity consensus mechanism during the first quarter of 2026 . #### Change in Fair Value of Digital Assets Greenlane Holdings, Inc. recognized a non-cash change in the fair value of digital assets of - $12.9 million during the first quarter of 2026, primarily due to market fluctuations in the price of BERA . #### Cash and Cash Equivalents Cash and cash equivalents decreased to $13.320 million as of March 31, 2026, from $32.513 million as of December 31, 2025 . #### Cash Flows from Operating Activities Net cash used in operating activities was - $4.830 million for the three months ended March 31, 2026, compared to - $3.445 million for the same period in 2025 . #### Cash Flows from Investing Activities Net cash used in investing activities was - $14.363 million for the three months ended March 31, 2026, primarily due to purchases of digital assets (- $10.129 million) and stablecoin-related protocol instruments (- $3.999 million) . This contrasts with net cash used in investing activities of - $16 thousand in the first quarter of 2025 . #### Cash Flows from Financing Activities Net cash provided by financing activities was $0 for the three months ended March 31, 2026, compared to $11.078 million for the same period in 2025, which included proceeds from the issuance of Class A common stock and warrants . #### Outlook Management indicated a focus on the disciplined execution of its BERA Strategy and continued alignment of its cost base with the scale of its remaining operations . The elevated legal, professional, and advisory costs of approximately $2.3 million incurred in Q1 2026 are not expected to recur at the same level in future periods . ### Related Stocks - [GNLN.US](https://longbridge.com/en/quote/GNLN.US.md) ## Related News & Research - [Greenlane Q1 revenue falls as legacy sales drop; co reregained Nasdaq listing compliance](https://longbridge.com/en/news/286609661.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md)