Greenland Technologies Holding (GTEC) Operating Expenses (2018 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Operating Expenses came in at $3.0 million in Q1 2026, up 64.11% YoY from $1.9 million in Q1 2025, and down 64.19% on a QoQ basis from $8.5 million in Q4 2025.
Greenland Technologies Holding (GTEC) Operating Expenses (2018 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has 9 years of Operating Expenses data on file, last reported at $3.0 million in Q1 2026.
- Quarterly Operating Expenses rose 64.11% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.1 million (up 173.97% YoY) and the FY2025 annual result came in at $20.9 million, up 110.52% from the prior year.
- Operating Expenses eased to $3.0 million in Q1 2026, from $8.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $8.5 million in Q4 2025 to a low of $1.4 million in Q4 2024.
- A 5-year average of $3.6 million and a median of $3.0 million in 2026 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 62.01% — and 2025, when it surged 509.5%.
- Tracing GTEC's Operating Expenses over 5 years: stood at $5.5 million in 2022, then slumped by 33.48% to $3.7 million in 2023, then plunged by 62.01% to $1.4 million in 2024, then surged by 509.5% to $8.5 million in 2025, then tumbled by 64.19% to $3.0 million in 2026.
- The last three Operating Expenses figures came in at $3.0 million (Q1 2026), $8.5 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Greenland Technologies Holding | 25.70 Mn | -6.61 Mn | 9.54 Mn | 3.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.56 Mn |
| Mar 31, 2026 | 3.04 Mn |
| Dec 31, 2025 | 8.49 Mn |
| Sep 30, 2025 | 2.51 Mn |
| Jun 30, 2025 | 8.07 Mn |
| Mar 31, 2025 | 1.85 Mn |
| Dec 31, 2024 | 1.39 Mn |
| Sep 30, 2024 | 2.04 Mn |
| Jun 30, 2024 | 2.79 Mn |
| Mar 31, 2024 | 3.72 Mn |
| Dec 31, 2023 | 3.67 Mn |
| Sep 30, 2023 | 3.46 Mn |
| Jun 30, 2023 | 3.52 Mn |
| Mar 31, 2023 | 3.15 Mn |
| Dec 31, 2022 | 5.51 Mn |
| Sep 30, 2022 | 2.74 Mn |
| Jun 30, 2022 | 2.63 Mn |
| Mar 31, 2022 | 3.00 Mn |
| Dec 31, 2021 | 3.79 Mn |
| Sep 30, 2021 | 3.05 Mn |