Greenland Technologies Holding Corporation (GTEC) Revenue History
Annual and quarterly revenue from 2017 to 2024
Compound Annual Growth Rate (CAGR)
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GTEC Revenue Growth
Revenue Breakdown
GTEC's revenue distribution by segment and geography
By Geography
GTEC Revenue Analysis (2017–2024)
As of May 8, 2026, Greenland Technologies Holding Corporation (GTEC) generated trailing twelve-month (TTM) revenue of $86.2 million, reflecting exceptional growth of +24.3% year-over-year. The most recent quarter (Q3 2025) recorded $23.4 million in revenue, up 7.7% sequentially.
Looking at the longer-term picture, GTEC's 5-year compound annual growth rate (CAGR) stands at +9.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $98.8 million in 2021.
When compared to Industrials sector peers including XPEV (+66.4% YoY), LI (-11.1% YoY), and NIO (+30.4% YoY), GTEC has underperformed the peer group in terms of revenue growth. Compare GTEC vs XPEV →
GTEC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $86M | +24.3% | +9.9% | 15.0% | ||
| $40.9B | +66.4% | +77.5% | -16.3% | ||
| $144.5B | -11.1% | +247.9% | 4.4% | ||
| $65.7B | +30.4% | +53.1% | -33.3% | ||
| $3.0B | +14.0% | +7.7% | 32.3% | ||
| $70M | +16.7% | - | -18.3% |
GTEC Historical Revenue Data (2017–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $83.9M | -7.1% | $22.5M | 26.8% | $12.6M | 15.0% |
| 2023 | $90.3M | -0.5% | $24.6M | 27.2% | $10.8M | 11.9% |
| 2022 | $90.8M | -8.1% | $19.8M | 21.8% | $6.0M | 6.6% |
| 2021 | $98.8M | +47.8% | $19.6M | 19.8% | $8.3M | 8.3% |
| 2020 | $66.9M | +27.6% | $12.8M | 19.2% | $6.7M | 10.0% |
| 2019 | $52.4M | -13.0% | $12.4M | 23.6% | $6.6M | 12.6% |
| 2018 | $60.2M | +22.7% | $14.1M | 23.4% | $8.7M | 14.4% |
| 2017 | $49.1M | - | $11.9M | 24.2% | $-853,000 | -1.7% |
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Start ComparisonGTEC — Frequently Asked Questions
Quick answers to the most common questions about buying GTEC stock.
Is GTEC's revenue growth accelerating or slowing?
GTEC revenue is accelerating at +24.3% year-over-year, exceeding the 5-year CAGR of +9.9%. TTM revenue reached $86M. Growth momentum has increased versus prior periods.
What is GTEC's long-term revenue growth rate?
Greenland Technologies Holding Corporation's 5-year revenue CAGR of +9.9% reflects the sustained expansion pattern. Current YoY growth of +24.3% is above this long-term average.
How is GTEC's revenue distributed by segment?
GTEC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2024 are available for download. Segment mix reveals concentration and diversification trends.