Greenidge Generation Holdings Inc. reported preliminary Q4 and FY 2025 financial results, highlighting a net income of $1.9-$2.9 million for Q4 and $4.2-$5.2 million for the full year. The company successfully reduced senior unsecured debt to $39.0 million and secured 100MW of future power capacity for AI/HPC datacenter development.
Key takeaways
Q4 2025 Total Revenue was $11.5 million, with Net Income between $1.9 million and $2.9 million.
Full Year 2025 Total Revenue was $58.8 million, an improvement in Net Income of $24.0-$25.0 million compared to FY 2024.
Reduced outstanding principal amount of senior unsecured debt from $68.5 million as of FY 2024 to $36.7 million, ending the year with $39.0 million in aggregate principal debt.
Secured 100MW of future power for datacenters, including 60MW at the Dresden facility and 40MW at a Mississippi greenfield site.
Held 74 Bitcoin valued at $6.5 million and $19.6 million in cash as of December 31, 2025.
Produced 371 Bitcoins in FY 2025, a decrease of 570 from FY 2024.