Greenland Technologies Holding (GTEC) Gross Margin (2019 - 2026)
Greenland Technologies Holding (GTEC) recorded Gross Margin of 31.94% in Q2 2026, up 5.46 percentage points from 26.48% a year earlier but down 2.36 percentage points from the prior quarter.
Greenland Technologies Holding (GTEC) Gross Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Greenland Technologies Holding's Gross Margin came in at 33.43% as of Jun 30, 2026, up 5.83 percentage points year-over-year; for FY2025, it came in at 31.36%, up 4.52 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +12.20 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 26.84% in FY2024 (-0.36 pp), 27.21% in FY2023 (+5.37 pp), 21.84% in FY2022 (+2.01 pp) and 19.82% in FY2021 (+0.66 pp).
- Quarterly Gross Margin has ranged from 16.07% in Q4 2021 to 35.41% in Q4 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +3.16 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 8.84 percentage points in Q4 2025, against a drop of 3.22 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 34.30% (Q1 2026), 35.41% (Q4 2025) and 32.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 44.13% |
| 10 | Greenland Technologies Holding | 22.30 Mn | -112.35 Mn | 9.54 Mn | 31.94% |
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% |
Greenland Technologies Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GTEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GTEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GTEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();