Greenidge Generation reports Q3 revenue of $15.2 million and net income of $12.0 million

Reuters11-13

Greenidge Generation reports Q3 revenue of $15.2 million and net income of $12.0 million

Greenidge Generation Holdings Inc. reported total revenue of $15.2 million and net income of $12.0 million for the third quarter of 2025. EBITDA was $15.2 million, with adjusted EBITDA at $1.7 million. Net cash flow provided by operating activities was $0.1 million, and adjusted free cash flow was $4.3 million. Power and capacity revenue reached $4.7 million, up 83% from the previous quarter. The company produced 95 Bitcoins, a decrease of 15 compared to the prior quarter. Greenidge reduced its unsecured 2026 debt obligations by 47.2% to $38.0 million following recent tender and exchange offers. The company reached an agreement with the New York State Department of Environmental Conservation for a new five-year air permit for its Dresden power plant and secured an industrial power contract for a 37.4-acre Mississippi expansion property, enabling access to 40MW of electrical capacity by March 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-051858), on November 13, 2025, and is solely responsible for the information contained therein.

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EBITDA was $15.2 million, with adjusted EBITDA at $1.7 million. Net cash flow provided by operating activities was $0.1 million, and adjusted free cash flow was $4.3 million. Power and capacity revenue reached $4.7 million, up 83% from the previous quarter. The company produced 95 Bitcoins, a decrease of 15 compared to the prior quarter. Greenidge reduced its unsecured 2026 debt obligations by 47.2% to $38.0 million following recent tender and exchange offers. The company reached an agreement with the New York State Department of Environmental Conservation for a new five-year air permit for its Dresden power plant and secured an industrial power contract for a 37.4-acre Mississippi expansion property, enabling access to 40MW of electrical capacity by March 2027.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/GREEL\">Greenidge Generation Holdings Inc.</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/GREEL\">Greenidge Generation Holdings Inc.</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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EBITDA was $15.2 million, with adjusted EBITDA at $1.7 million. Net cash flow provided by operating activities was $0.1 million, and adjusted free cash flow was $4.3 million. Power and capacity revenue reached $4.7 million, up 83% from the previous quarter. The company produced 95 Bitcoins, a decrease of 15 compared to the prior quarter. Greenidge reduced its unsecured 2026 debt obligations by 47.2% to $38.0 million following recent tender and exchange offers. 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