Greenland Technologies Holding (GTEC) Cost of Revenue (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Cost of Revenue came in at $20.3 million in Q2 2026, up 27.34% on a YoY basis from $16.0 million in Q2 2025, and up 21.2% quarter-over-quarter from $16.8 million in Q1 2026.
Analysis
Greenland Technologies Holding (GTEC) Cost of Revenue (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has reported Cost of Revenue for 8 consecutive years, with $20.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 27.34% year-over-year to $20.3 million; the trailing twelve-month figure through Jun 2026 stood at $68.4 million (up 15.74% YoY), and the FY2025 full-year result was $62.2 million, up 1.36% from the prior year.
- Cost of Revenue grew to $20.3 million in Q2 2026 per GTEC's latest filing, from $16.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $22.9 million in Q1 2022 and bottomed at $13.9 million in Q3 2024.
- Historically, Cost of Revenue has averaged $16.5 million across 5 years, with a median of $16.1 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue decreased 29.94% in 2022, then grew 27.34% in 2026.
- Over 5 years, Cost of Revenue stood at $15.3 million in 2022, then rose by 10.46% to $16.9 million in 2023, then declined by 15.94% to $14.2 million in 2024, then rose by 8.52% to $15.4 million in 2025, then surged by 31.75% to $20.3 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $20.3 million, $16.8 million, and $15.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 3.82 Bn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 2.40 Bn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 1.31 Bn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 1.17 Bn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 253.28 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 1.31 Bn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 363.94 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 401.50 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 271.70 Mn |
| 10 | Greenland Technologies Holding | 28.67 Mn | -3.64 Mn | 9.54 Mn | 20.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.34 Mn |
| Mar 31, 2026 | 16.78 Mn |
| Dec 31, 2025 | 15.43 Mn |
| Sep 30, 2025 | 15.83 Mn |
| Jun 30, 2025 | 15.97 Mn |
| Mar 31, 2025 | 15.02 Mn |
| Dec 31, 2024 | 14.22 Mn |
| Sep 30, 2024 | 13.87 Mn |
| Jun 30, 2024 | 16.24 Mn |
| Mar 31, 2024 | 17.08 Mn |
| Dec 31, 2023 | 16.92 Mn |
| Sep 30, 2023 | 15.57 Mn |
| Jun 30, 2023 | 16.64 Mn |
| Mar 31, 2023 | 16.63 Mn |
| Dec 31, 2022 | 15.32 Mn |
| Sep 30, 2022 | 16.97 Mn |
| Jun 30, 2022 | 15.76 Mn |
| Mar 31, 2022 | 22.94 Mn |
| Dec 31, 2021 | 19.25 Mn |
| Sep 30, 2021 | 17.99 Mn |