Greenland Technologies Holding (GTEC) Operating Expenses (2018 - 2026)
Greenland Technologies Holding (GTEC) reported Operating Expenses of $3.0 million for Q1 2026, up 64.11% on a YoY basis from $1.9 million in Q1 2025, and down 64.19% quarter-over-quarter from $8.5 million in Q4 2025.
Greenland Technologies Holding (GTEC) Operating Expenses (2018 - 2026) Analysis & Trends
Greenland Technologies Holding has reported Operating Expenses for 9 years, with the latest figure 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.
- The five-year high for Operating Expenses was $8.5 million in Q4 2025, with the low at $1.4 million in Q4 2024.
- Historically, Operating Expenses has averaged $3.6 million across 5 years, with a median of $3.0 million in 2026.
- Annual changes were most pronounced in 2024 — Operating Expenses tumbled 62.01% — and 2025, when it surged 509.5%.
- Greenland Technologies Holding's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 93.00 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 346.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 2.05 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 239.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 960.00 Mn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 211.00 Mn |
| 10 | Greenland Technologies Holding | 12.74 Mn | -4.94 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 |