Greenidge Generation Holdings Inc
NASDAQ:GREE
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
G
|
Greenidge Generation Holdings Inc
NASDAQ:GREE
|
19.1m USD |
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|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
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|
|
| US |
|
Palantir Technologies Inc
NASDAQ:PLTR
|
348.5B USD |
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|
|
| IL |
|
Magic Software Enterprises Ltd
NASDAQ:MGIC
|
853.3m USD |
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|
|
| DE |
|
SAP SE
XETRA:SAP
|
195.8B EUR |
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|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
180.3B USD |
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|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
145.8B USD |
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|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
117.7B USD |
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|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
109.4B USD |
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|
|
| US |
N
|
NCR Corp
LSE:0K45
|
99.7B USD |
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|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
82.1B USD |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Greenidge Generation Holdings Inc
Glance View
Greenidge Generation Holdings, Inc. owns and operates a vertically integrated bitcoin mining and power generation facility. The company is headquartered in Fairfield, Connecticut and currently employs 467 full-time employees. The company went IPO on 2000-07-19. The firm is engaged in providing carbon-neutral bitcoin mining at all of its locations by utilizing low-carbon sources of energy and offsetting its carbon footprint. The company operates one facility in upstate New York. The company has approximately 106 megawatt (MW) natural gas power generation facility powered approximately 41 MW of bitcoin mining capacity. The firm generates electricity on-site from its vertically integrated power plant and uses the electricity to power its application-specific integrated circuit computers (ASICs) miners. The firm also sells surplus electricity generated by its power plant, and not consumed in bitcoin mining operations, to New York State's power grid. Support.com, is the Company's subsidiary, which is a provider of customer and technical support solutions delivered by home-based employees.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Greenidge Generation Holdings Inc is 22.7%, which is below its 3-year median of 26%.
Over the last 3 years, Greenidge Generation Holdings Inc’s Gross Margin has decreased from 49.1% to 22.7%. During this period, it reached a low of 21.2% on Jun 30, 2023 and a high of 49.1% on Sep 30, 2022.