Q2 Revenue Increased 37.6% Year Over Year to $29.9 Million Q2 Gross Profit Increased 65.9% to $9.5 Million; Gross Margin Expanded to 31.9% Q2 Net Income Reached $4.9 Million, Compared with a Net Loss of $2.8 Million in the Prior-Year Period First Half Revenue Increased 27.7% to $55.4 Million; Net Income Reached $10.7 Million HANGZHOU, China, Aug. 14, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a developer and manufacturer of drivetrain systems for material handling machinery and electric vehicles, as well as electric industrial vehicles, today announced its unaudited financial results for the second quarter and six months ended June 30, 2026. Second Quarter 2026 Financial Highlights Revenue increased 37.6% to $29.9 million, compared with $21.7 million in the second quarter of 2025.
