Greenland Technologies Holding (GTEC) Gross Margin (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Gross Margin came in at 31.94% in Q2 2026, up 546.0% on a YoY basis from 4.94% in Q2 2025, and down 6.89% quarter-over-quarter from 34.3% in Q1 2026.
Analysis
Greenland Technologies Holding (GTEC) Gross Margin (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has reported Gross Margin for 8 consecutive years, with 31.94% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 546.0% year-over-year to 31.94%; the trailing twelve-month figure through Jun 2026 stood at 33.43% (up 583.0% YoY), and the FY2025 full-year result was 31.36%, up 452.0% from the prior year.
- Gross Margin slipped to 31.94% in Q2 2026 per GTEC's latest filing, from 34.3% in the prior quarter.
- Across five years, Gross Margin topped out at 35.41% in Q4 2025 and bottomed at 19.94% in Q4 2022.
- Historically, Gross Margin has averaged 27.47% across 5 years, with a median of 26.52% in 2024.
- The widest YoY moves for Gross Margin: up 884 bps in 2025, down 295 bps in 2025.
- Over 5 years, Gross Margin stood at 19.94% in 2022, then grew by 29 bps to 25.71% in 2023, then advanced by 3 bps to 26.57% in 2024, then jumped by 33 bps to 35.41% in 2025, then fell by 10 bps to 31.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 31.94%, 34.3%, and 35.41% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.60 Bn | 82.32 Bn | 2.68 Bn | 41.28% |
| 2 | Illinois Tool Works | 76.74 Bn | 75.90 Bn | 1.90 Bn | 44.13% |
| 3 | Ametek | 54.48 Bn | 53.99 Bn | 735.04 Mn | 35.95% |
| 4 | Rockwell Automation | 46.14 Bn | 45.66 Bn | 1.14 Bn | 49.46% |
| 5 | Mettler Toledo International | 30.21 Bn | 30.16 Bn | 650.22 Mn | 63.29% |
| 6 | Symbotic | 25.30 Bn | 23.97 Bn | 160.91 Mn | 22.32% |
| 7 | Dover | 25.24 Bn | 23.49 Bn | 880.61 Mn | 40.21% |
| 8 | Nordson | 17.35 Bn | 17.24 Bn | 453.73 Mn | 55.49% |
| 9 | Fortive | 16.64 Bn | 16.27 Bn | 695.30 Mn | 63.39% |
| 10 | Greenland Technologies Holding | 28.93 Mn | -9.22 Mn | 9.54 Mn | 31.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.94% |
| Mar 31, 2026 | 34.30% |
| Dec 31, 2025 | 35.41% |
| Sep 30, 2025 | 32.36% |
| Jun 30, 2025 | 26.48% |
| Mar 31, 2025 | 30.73% |
| Dec 31, 2024 | 26.57% |
| Sep 30, 2024 | 26.37% |
| Jun 30, 2024 | 29.43% |
| Mar 31, 2024 | 24.85% |
| Dec 31, 2023 | 25.71% |
| Sep 30, 2023 | 28.71% |
| Jun 30, 2023 | 29.39% |
| Mar 31, 2023 | 24.94% |
| Dec 31, 2022 | 19.94% |
| Sep 30, 2022 | 22.09% |
| Jun 30, 2022 | 23.49% |
| Mar 31, 2022 | 21.73% |
| Dec 31, 2021 | 16.07% |
| Sep 30, 2021 | 22.08% |