Greenland Technologies Holding (GTEC) Operating Expenses (2018 - 2026)
Greenland Technologies Holding posted quarterly Operating Expenses of $3.0 million for Q1 2026, up 64.11% year-on-year 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) has 9 years of Operating Expenses data on file, last reported at $3.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 64.11% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $22.1 million (up 173.97% YoY), and the FY2025 full-year result was $20.9 million, up 110.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.0 million, down from $8.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $8.5 million in Q4 2025 and bottomed at $1.4 million in Q4 2024.
- The 5-year median for Operating Expenses is $3.0 million (2026), against an average of $3.6 million.
- The widest annual swing landed in 2024, when Operating Expenses sank 62.01%; it then surged 509.5% in 2025.
- A 5-year view of Operating Expenses shows it stood at $5.5 million in 2022, then sank by 33.48% to $3.7 million in 2023, then tumbled by 62.01% to $1.4 million in 2024, then soared by 509.5% to $8.5 million in 2025, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 330.65 Mn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 2.05 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 93.00 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 346.00 Mn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 557.00 Mn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 211.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 281.00 Mn |
| 10 | Greenland Technologies Holding | 12.03 Mn | -5.64 Mn | 8.76 Mn | 3.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.25 Mn |
| Mar 31, 2021 | 2.25 Mn |
| Dec 31, 2020 | 1.87 Mn |
| Sep 30, 2020 | 1.16 Mn |
| Jun 30, 2020 | 1.22 Mn |
| Mar 31, 2020 | 1.86 Mn |
| Dec 31, 2019 | 2.14 Mn |
| Aug 31, 2019 | 399,478.00 |
| Jun 30, 2019 | 1.07 Mn |
| Mar 31, 2019 | 1.57 Mn |
| Aug 31, 2018 | 82,697.00 |
| May 31, 2018 | 8,368.00 |