GREENLAND TECHNOLOGIES HOLDING CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $90.7M | $83.9M | $90.3M | $90.8M | $98.8M | $66.9M | $52.4M |
| Cost of Revenue | — | $1.1M | $1.3M | $1.2M | $71.0M | $79.2M | $54.1M | $40.0M |
| Gross Profit | — | $28.4M | $22.5M | $24.6M | $19.8M | $19.6M | $12.8M | $12.4M |
| Gross Margin | — | 31.4% | 26.8% | 27.2% | 21.8% | 19.8% | 19.2% | 23.6% |
| Operating Expenses | ||||||||
| Research & Development | — | $3.9M | $2.9M | $5.4M | $5.8M | $5.5M | $2.4M | $2.4M |
| SG&A Expense | — | $15.3M | $4.9M | $6.1M | $5.5M | $3.9M | $2.1M | $2.2M |
| Operating Income | — | $7.5M | $12.6M | $10.8M | $6.0M | $8.3M | $6.7M | $6.6M |
| Operating Margin | — | 8.3% | 15.0% | 11.9% | 6.6% | 8.3% | 10.0% | 12.6% |
| Interest Expense | — | — | — | $250.4K | $403.0K | $587.3K | $930.6K | $1.3M |
| Pretax Income | — | $12.1M | $16.7M | $-23.3M | $4.5M | $9.1M | $8.6M | $5.9M |
| Income Tax Expense | — | $3.5M | $1.5M | $1.7M | $699.7K | $1.8M | $2.3M | $847.4K |
| Net Income | — | $4.9M | $14.1M | $-15.9M | $745.6K | $6.3M | $6.8M | $4.5M |
| Net Margin | — | 5.4% | 16.8% | -17.6% | 0.8% | 6.3% | 10.1% | 8.5% |
| EPS (Basic) | — | $0.31 | $1.03 | $-1.20 | $0.06 | $0.58 | $0.67 | $0.56 |
| EPS (Diluted) | — | $0.31 | $1.03 | $-1.20 | $0.06 | $0.58 | $0.67 | $0.56 |
| Shares Outstanding (Basic) | 19.0M | 16.1M | 13.6M | 13.2M | 11.9M | 10.8M | 10.0M | 10.0M |
| Shares Outstanding (Diluted) | 19.0M | 16.1M | 13.6M | 13.2M | 11.9M | 10.8M | 10.0M | 10.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |