Greenland Technologies Holding (GTEC) Research & Development (2019 - 2026)
Greenland Technologies Holding (GTEC) reported Research & Development of $780000.0 for Q1 2026, up 875.0% on a YoY basis from $80000.0 in Q1 2025, and down 72.44% quarter-over-quarter from $2.8 million in Q4 2025.
Greenland Technologies Holding (GTEC) Research & Development (2019 - 2026) Analysis & Trends
Greenland Technologies Holding has reported Research & Development for 8 years, with the latest figure at $780000.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 875.0% year-over-year to $780000.0; the trailing twelve-month figure through Mar 2026 stood at $4.6 million (up 127.15% YoY), and the FY2025 full-year result was $3.9 million, up 33.5% from the prior year.
- Research & Development for Q1 2026 stood at $780000.0, down from $2.8 million in the prior quarter.
- The five-year high for Research & Development was $2.8 million in Q4 2025, with the low at $80000.0 in Q1 2025.
- Historically, Research & Development has averaged $1.1 million across 5 years, with a median of $1.0 million in 2022.
- Annual changes were most pronounced in 2025 — Research & Development plunged 91.9% — and 2026, when it surged 875.0%.
- Greenland Technologies Holding's Research & Development 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 soared by 632.4% to $2.8 million in 2025, then slumped by 72.44% 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 | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | Greenland Technologies Holding | 12.74 Mn | -4.94 Mn | 8.76 Mn | 780,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 780,000.00 |
| Dec 31, 2025 | 2.83 Mn |
| Sep 30, 2025 | 560,000.00 |
| Jun 30, 2025 | 440,000.00 |
| Mar 31, 2025 | 80,000.00 |
| Dec 31, 2024 | 386,399.00 |
| Sep 30, 2024 | 440,000.00 |
| Jun 30, 2024 | 1.12 Mn |
| Mar 31, 2024 | 987,724.00 |
| 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 |
| Jun 30, 2021 | 1.01 Mn |