Greenland Technologies Holding Operating Expenses Growth & History (GTEC)
Greenland Technologies Holding's operating expenses was $20.9M for fiscal 2025.
View full Greenland Technologies Holding company overviewGreenland Technologies Holding annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.9M | $11.0M | +110.52% |
| 2024 | 2024-12-31 | $9.9M | −$3.9M | −27.96% |
| 2023 | 2023-12-31 | $13.8M | −$79,416 | −0.57% |
| 2022 | 2022-12-31 | $13.9M | $2.5M | +22.33% |
| 2021 | 2021-12-31 | $11.3M | $5.2M | +85.82% |
| 2020 | 2020-12-31 | $6.1M | $330,135 | +5.72% |
| 2019 | 2019-12-31 | $5.8M | $398,545 | +7.41% |
| 2018 · Dec 31 | 2018-12-31 | $5.4M | — | — |
| 2018 · Nov 30 | 2018-11-30 | $372,998 | — | — |
Greenland Technologies Holding quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.6M | −$4.5M | −55.93% |
| Q1 2026 | 2026-03-31 | $3.0M | $1.2M | +64.11% |
| Q4 2025 | 2025-12-31 | $8.5M | $7.1M | +509.50% |
| Q3 2025 | 2025-09-30 | $2.5M | $470,313 | +23.08% |
| Q2 2025 | 2025-06-30 | $8.1M | $5.3M | +189.63% |
| Q1 2025 | 2025-03-31 | $1.9M | −$1.9M | −50.22% |
| Q4 2024 | 2024-12-31 | $1.4M | −$2.3M | −62.01% |
| Q3 2024 | 2024-09-30 | $2.0M | −$1.4M | −41.15% |
| Q2 2024 | 2024-06-30 | $2.8M | −$731,297 | −20.78% |
| Q1 2024 | 2024-03-31 | $3.7M | $571,369 | +18.14% |
| Q4 2023 | 2023-12-31 | $3.7M | −$1.8M | −33.48% |
| Q3 2023 | 2023-09-30 | $3.5M | $724,877 | +26.48% |
| Q2 2023 | 2023-06-30 | $3.5M | $893,741 | +34.04% |
| Q1 2023 | 2023-03-31 | $3.1M | $147,293 | +4.91% |
| Q4 2022 | 2022-12-31 | $5.5M | $1.7M | +45.23% |
| Q3 2022 | 2022-09-30 | $2.7M | −$308,236 | −10.12% |
| Q2 2022 | 2022-06-30 | $2.6M | $372,287 | +16.52% |
| Q1 2022 | 2022-03-31 | $3.0M | $752,073 | +33.43% |
| Q4 2021 | 2021-12-31 | $3.8M | $1.9M | +103.32% |
| Q3 2021 | 2021-09-30 | $3.0M | $1.9M | +162.81% |
| Q2 2021 | 2021-06-30 | $2.3M | $1.0M | +84.12% |
| Q1 2021 | 2021-03-31 | $2.2M | $394,366 | +21.25% |
| Q4 2020 | 2020-12-31 | $1.9M | — | — |
| Q3 2020 | 2020-09-30 | $1.2M | $165,215 | +16.63% |
| Q2 2020 | 2020-06-30 | $1.2M | $152,504 | +14.24% |
| Q1 2020 | 2020-03-31 | $1.9M | $287,536 | +18.34% |
| Q3 2019 · Sep 30 | 2019-09-30 | $993,716 | — | — |
| Q3 2019 · Aug 31 | 2019-08-31 | $399,478 | $316,781 | +383.06% |
| Q2 2019 · Jun 30 | 2019-06-30 | $1.1M | — | — |
| Q2 2019 · May 31 | 2019-05-31 | $363,367 | $354,999 | +4242.34% |
| Q1 2019 · Mar 31 | 2019-03-31 | $1.6M | — | — |
| Q1 2019 · Feb 28 | 2019-02-28 | $231,725 | — | — |
| Q3 2018 | 2018-08-31 | $82,697 | — | — |
| Q2 2018 | 2018-05-31 | $8,368 | — | — |
Greenland Technologies Holding operating expenses trends
Over the last five fiscal years, Greenland Technologies Holding's operating expenses increased from $6.1M to $20.9M, a change of $14.8M. The latest reported quarter, Q2 2026, shows $3.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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