Greenland Technologies Holding Corp. Income Statement
GTEC|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Greenland Technologies Holding Corp. reported $84M in revenue and $14M in net income for FY2025. Revenue has grown at a 5.7% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $83.9M | $90.3M | $90.8M | $98.8M | $66.9M | $52.4M | $60.2M |
| Cost of Revenue | $61.4M | $65.8M | $71.0M | $79.2M | $54.1M | $40.0M | $46.1M |
| Gross Profit | $22.5M | $24.6M | $19.8M | $19.6M | $12.8M | $12.4M | $14.1M |
| SG&A Expense | $4.9M | $6.1M | $5.5M | $3.9M | $2.1M | $2.2M | $1.6M |
| R&D Expense | $2.9M | $5.4M | $5.8M | $5.5M | $2.4M | $2.4M | $2.5M |
| Operating Income | $12.6M | $10.8M | $6.0M | $8.3M | $6.7M | $6.6M | $8.7M |
| Interest Expense | - | - | $403.0K | $587.3K | $930.6K | $1.3M | $1.6M |
| Income Tax | $1.5M | $1.7M | $699.7K | $1.8M | $2.3M | $847.4K | $1.4M |
| Net Income | $14.1M | -$15.9M | $745.6K | $6.3M | $6.8M | $4.5M | $6.6M |
| EPS (Basic) | $1.03 | -$1.20 | $0.06 | $0.58 | $0.67 | - | - |
| EPS (Diluted) | $1.03 | -$1.20 | $0.06 | $0.58 | - | $0.56 | $0.79 |
| Shares Outstanding | 13.6M | 13.6M | 13.0M | 11.3M | 10.2M | 10.0M | 7.5M |
| Gross Margin | 26.8% | 27.2% | 21.8% | 19.8% | 19.2% | 23.6% | 23.4% |
| Operating Margin | 15.0% | 11.9% | 6.6% | 8.3% | 10.0% | 12.6% | 14.4% |
| Profit Margin | 16.8% | -17.6% | 0.8% | 6.3% | 10.1% | 8.5% | 11.0% |