Company / R&D Expense
Greenland Technologies Holding Corp. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.9M
FY2025
5-year range
$2.4M / $5.8M
FY2021-FY2025
Trend
-45.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $6M to $3M over the past 2 years.
Based on SEC 10-K filings.
$3M in FY2025 with a 5-year CAGR of +4.5%.
Declined from $6M to $3M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -19.0%
- 5-Year CAGR
- +4.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +4.5%, indicating consistent growth.
- In FY2025, r&d expense decreased 45.9% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2020.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.9M | -45.9% |
| FY2024 | $5.4M | -6.3% |
| FY2023 | $5.8M | +4.7% |
| FY2022 | $5.5M | +131.7% |
| FY2021 | $2.4M | +1.3% |
| FY2020 | $2.4M | -6.3% |
| FY2019 | $2.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026