Greenland Technologies Holding (GTEC) Research & Development (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Research & Development came in at $780000.0 in Q1 2026, up 857.56% YoY from $81457.0 in Q1 2025, and down 72.48% on a QoQ basis from $2.8 million in Q4 2025.
Greenland Technologies Holding (GTEC) Research & Development (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has 8 years of Research & Development data on file, last reported at $780000.0 in Q1 2026.
- Quarterly Research & Development rose 857.56% year-over-year to $780000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 million (up 127.39% YoY) and the FY2025 annual result came in at $3.9 million, up 33.51% from the prior year.
- Research & Development slipped to $780000.0 in Q1 2026, from $2.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.8 million in Q4 2025 to a low of $81457.0 in Q1 2025.
- A 5-year average of $1.1 million and a median of $1.0 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2025 — Research & Development sank 91.77% — and 2026, when it soared 857.56%.
- Tracing GTEC's Research & Development over 5 years: stood at $2.8 million in 2022, then tumbled by 42.04% to $1.6 million in 2023, then sank by 76.34% to $386399.0 in 2024, then jumped by 633.55% to $2.8 million in 2025, then slumped by 72.48% to $780000.0 in 2026.
- The last three Research & Development figures came in at $780000.0 (Q1 2026), $2.8 million (Q4 2025), and $560000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | - |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 122.00 Mn |
| 10 | Greenland Technologies Holding | 25.70 Mn | -6.61 Mn | 9.54 Mn | 1.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Mn |
| Mar 31, 2026 | 780,000.00 |
| Dec 31, 2025 | 2.83 Mn |
| Sep 30, 2025 | 560,000.00 |
| Jun 30, 2025 | 443,720.00 |
| Mar 31, 2025 | 81,457.00 |
| Dec 31, 2024 | 386,399.00 |
| Sep 30, 2024 | 440,000.00 |
| Jun 30, 2024 | 1.12 Mn |
| Mar 31, 2024 | 990,000.00 |
| Dec 31, 2023 | 1.63 Mn |
| Sep 30, 2023 | 1.25 Mn |
| Jun 30, 2023 | 1.43 Mn |
| Mar 31, 2023 | 1.12 Mn |
| Dec 31, 2022 | 2.82 Mn |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 862,535.00 |
| Mar 31, 2022 | 1.08 Mn |
| Dec 31, 2021 | 2.19 Mn |
| Sep 30, 2021 | 1.37 Mn |