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Greenlane Renewables
Greenlane Renewables (GRN) investor relations material
Greenlane Renewables Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Achieved positive adjusted EBITDA and net income for the second consecutive quarter, reflecting a turnaround from prior year losses.
Revenue increased 10% year-over-year to CAD 11.6 million, with a growing sales order backlog and strong cash position.
Launched the next-generation Cascade LF landfill gas upgrading technology and filed a new patent for a Linear Nitrogen Rejection Unit.
Maintained a strong cash position, with over CAD 19 million on hand and no debt, supporting strategic investments.
On track with 2025 strategic and financial initiatives.
Financial highlights
Revenue rose 10% year-over-year to CAD 11.6 million in Q3 2025, up from CAD 10.5 million in Q3 2024.
Adjusted EBITDA reached CAD 0.5 million (4% of revenue), and net income was CAD 0.1 million, compared to a net loss of CAD 2 million and adjusted EBITDA loss of CAD 0.2 million in Q3 2024.
Gross margin before amortization improved to 39% from 34% last year.
General and administrative expenses declined by 5% year-over-year.
Cash and cash equivalents stood at CAD 19.3 million, up from CAD 16.2 million at year-end 2024, with no debt.
Outlook and guidance
Revenue from the new Cascade LF product line is expected to begin in 2026.
Focus remains on operational efficiency, financial discipline, and commercialization of Cascade LF.
The company is on track with its 2025 strategic and financial initiatives.
No formal financial guidance provided.
Beyond Cascade LF, cash deployment priorities
Cascade LF: What new project types will it enable?
Canadian budget: Impact on project pipeline?
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Next Greenlane Renewables earnings date
Q4 202519 Mar, 2026
Greenlane Renewables
Next Greenlane Renewables earnings date
Q4 202519 Mar, 2026
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Frequently asked questions
Greenlane Renewables Inc. is a clean energy company that specializes in the design, development, and delivery of biogas upgrading systems. These systems convert biogas from organic waste sources, such as landfills and agricultural waste, into renewable natural gas (RNG) for use in transportation, heating, and power generation. Greenlane Renewables provides solutions to support the global transition to low-carbon energy, working with clients in the waste management, utilities, and energy sectors. The company is headquartered in Burnaby, Canada, and its shares are listed on the TSX.
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