Greenland Technologies Holding Corp. (GTEC) stock
GTECNasdaqGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 16/3093% below fair value
$0.49−0.00 (-0.89%)
Close on Nov 13, 2026Market cap $13.01MP/E 1.0Yield –
Greenland Technologies r&d expenses
Research and development expenses are spending on new products and technology.
Greenland Technologies's R&D Expenses for the twelve months ending Sep 30, 2026 was $5.50M, up 273.4% year over year. For fiscal 2025 it was $3.92M, up 33.5% from the year before. The highest annual figure on record is $5.79M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.92M | +33.5% |
| FY2024 | Dec 31, 2024 | $2.94M | -45.9% |
| FY2023 | Dec 31, 2023 | $5.42M | -6.3% |
| FY2022 | Dec 31, 2022 | $5.79M | +4.7% |
| FY2021 | Dec 31, 2021 | $5.53M | +131.7% |
| FY2020 | Dec 31, 2020 | $2.38M | +1.3% |
| FY2019 | Dec 31, 2019 | $2.36M | -6.3% |
| FY2018 | Dec 31, 2018 | $2.51M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $841.98K | +50.2% |
| Q2 FY2026 | Jun 30, 2026 | $1.05M | +135.9% |
| Q1 FY2026 | Mar 31, 2026 | $778.22K | +855.4% |
| Q4 FY2025 | Dec 31, 2025 | $2.83M | +631.2% |
| Q3 FY2025 | Sep 30, 2025 | $560.67K | +28.0% |
| Q2 FY2025 | Jun 30, 2025 | $443.72K | -60.5% |
| Q1 FY2025 | Mar 31, 2025 | $81.46K | -91.8% |
| Q4 FY2024 | Dec 31, 2024 | $387.63K | -76.3% |
| Q3 FY2024 | Sep 30, 2024 | $437.98K | -64.8% |
| Q2 FY2024 | Jun 30, 2024 | $1.12M | -21.2% |
| Q1 FY2024 | Mar 31, 2024 | $987.72K | -11.8% |
| Q4 FY2023 | Dec 31, 2023 | $1.63M | -42.0% |
| Q3 FY2023 | Sep 30, 2023 | $1.25M | +21.7% |
| Q2 FY2023 | Jun 30, 2023 | $1.43M | +65.3% |
| Q1 FY2023 | Mar 31, 2023 | $1.12M | +3.4% |
| Q4 FY2022 | Dec 31, 2022 | $2.82M | +28.7% |
| Q3 FY2022 | Sep 30, 2022 | $1.02M | -25.4% |
| Q2 FY2022 | Jun 30, 2022 | $862.54K | -14.2% |
| Q1 FY2022 | Mar 31, 2022 | $1.08M | +12.8% |
| Q4 FY2021 | Dec 31, 2021 | $2.19M | +180.4% |
| Q3 FY2021 | Sep 30, 2021 | $1.37M | +143.2% |
| Q2 FY2021 | Jun 30, 2021 | $1.01M | +111.4% |
| Q1 FY2021 | Mar 31, 2021 | $959.55K | +70.0% |
| Q4 FY2020 | Dec 31, 2020 | $780.80K | – |
| Q3 FY2020 | Sep 30, 2020 | $564.20K | – |
| Q2 FY2020 | Jun 30, 2020 | $475.65K | – |
| Q1 FY2020 | Mar 31, 2020 | $564.30K | – |
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