GigaCloud Technology GCT
NASDAQ GCT
$49.05 -1.23 (-2.45%)
At close: Aug 18, 2026 · 3:59 PM UTC

GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024)

GigaCloud Technology (GCT) posted quarterly Asset Writedowns and Impairment of $66000.0 for Q3 2024, down 70.8% year-over-year from $226000.0 in Q4 2023, and down 72.95% quarter-over-quarter from $244000.0 in Q2 2024.

GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024) Analysis & Trends

GigaCloud Technology's Asset Writedowns and Impairment history runs 2 years deep, the most recent figure standing at $66000.0 for Q3 2024.

  • In Q3 2024, Asset Writedowns and Impairment fell 70.8% year-over-year to $66000.0; the TTM figure through Sep 2024 stood at $1.1 million (changed N/A YoY), while the FY2023 annual figure was $671000.0, up 680.23% from the prior year.
  • Asset Writedowns and Impairment for Q3 2024 stood at $66000.0, down from $244000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $442000.0 in Q4 2023, with the low at -$52000.0 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,576.39 Bn 3,443.64 Bn 60.48 Bn
2 Palantir Technologies 412.58 Bn 403.17 Bn 1.64 Bn
3 Oracle 407.66 Bn 375.77 Bn -
4 Palo Alto Networks 299.27 Bn 296.16 Bn 2.03 Bn
5 Fortinet 115.83 Bn 111.76 Bn 1.64 Bn
6 Cloudflare 106.65 Bn 102.48 Bn 499.52 Mn
7 Synopsys 76.61 Bn 74.41 Bn 1.77 Bn
8 CoreWeave 51.53 Bn 45.99 Bn 1.70 Bn
9 Block 47.55 Bn 41.12 Bn 3.17 Bn
10 GigaCloud Technology 1.79 Bn 1.42 Bn 105.56 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 66,000.00
Sep 30, 2024 66,000.00
Jun 30, 2024 244,000.00
Jun 30, 2024 244,000.00
Mar 31, 2024 304,000.00
Mar 31, 2024 304,000.00
Dec 31, 2023 442,000.00
Dec 31, 2023 442,000.00
Sep 30, 2023 226,000.00
Sep 30, 2023 226,000.00
Jun 30, 2023 -52,000.00
Jun 30, 2023 -52,000.00
Mar 31, 2023 242,000.00
Mar 31, 2023 242,000.00