Greenlane Holdings, Inc. (GNLN) intrinsic value & 10-year financials
Greenlane Holdings, Inc. (GNLN) has a Graham intrinsic value of $727.91 per share. At $2.06 on Oct 17, 2026, the stock trades 100% below that value. Over the last 9 fiscal years revenue shrank 41.2% a year to $4.4M, with an average return on invested capital of -34.2%.
- Graham intrinsic value
- $727.91
- Share price (Oct 17, 2026)
- $2.06
- Price vs Graham value
- 100% below
- Market cap
- $15.4M
- Revenue (FY2025)
- $4.4M
- Revenue growth (9-yr CAGR)
- -41.2%
- ROIC (10-yr avg)
- -34.2%
- Free cash flow (FY2025)
- -$16.4M
GNLN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.4M | -$85.6M | -$11.42 | -$16.4M | -1245.6% | -258.8% |
| FY2024 | $13.3M | -$17.6M | -$2.43 | -$7.0M | -89.0% | -74.7% |
| FY2023 | $65.4M | -$32.2M | -$1.36 | -$2.8M | -39.9% | -48.3% |
| FY2022 | $137.1M | -$115.8M | -$2.56 | -$29.2M | -93.2% | -86.0% |
| FY2021 | $166.1M | -$30.6M | -$0.13 | -$41.7M | -31.7% | -56.8% |
| FY2020 | $138.3M | -$14.5M | -$0.20 | -$14.1M | -35.4% | 552.2% |
| FY2019 | $185.0M | -$28.8M | — | -$38.9M | -13.5% | -292.9% |
| FY2018 | $178.9M | -$5.9M | — | -$24.5M | -1.4% | -8.2% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Greenlane Holdings, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Greenlane Holdings, Inc. has historically struggled to out-earn its cost of capital, averaging just -34.3% ROIC.
Greenlane Holdings, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Greenlane Holdings, Inc. is modeled at -41.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $727.91 per share.