GigaCloud Technology (GCT) Current Taxes (2021 - 2026)
GigaCloud Technology (GCT) posted quarterly Current Taxes of $23.8 million for Q1 2026, up 18.87% year-over-year from $20.0 million in Q1 2025, and up 35.79% on a QoQ basis from $17.5 million in Q4 2025.
GigaCloud Technology (GCT) Current Taxes (2021 - 2026) Analysis & Trends
GigaCloud Technology (GCT) has reported Current Taxes for 6 consecutive years, with $23.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Taxes rose 18.87% year-over-year to $23.8 million; the TTM figure through Mar 2026 stood at $23.8 million (up 18.87% YoY), while the FY2025 annual figure was $17.5 million, up 28.6% from the prior year.
- Current Taxes came in at $23.8 million for Q1 2026 at GigaCloud Technology, up from $17.5 million in the prior quarter.
- The five-year high for Current Taxes was $23.8 million in Q1 2026, with the low at $4.1 million in Q4 2022.
- Average Current Taxes over 5 years is $15.4 million, with a median of $15.2 million recorded in 2023.
- Across the five-year window, Current Taxes surged 267.26% in 2023 and slumped 53.15% in 2025, its largest moves.
- Year by year, Current Taxes stood at $4.1 million in 2022, then soared by 267.26% to $15.2 million in 2023, then slipped by 10.5% to $13.6 million in 2024, then increased by 28.6% to $17.5 million in 2025, then jumped by 35.79% to $23.8 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $23.8 million, $17.5 million, and $11.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 3.56 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | - |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | - |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | - |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | GigaCloud Technology | 1.21 Bn | 851.76 Mn | 85.85 Mn | 23.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.78 Mn |
| Dec 31, 2025 | 17.51 Mn |
| Sep 30, 2025 | 11.59 Mn |
| Jun 30, 2025 | 6.79 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 13.62 Mn |
| Sep 30, 2024 | 20.81 Mn |
| Jun 30, 2024 | 14.50 Mn |
| Mar 31, 2024 | 21.39 Mn |
| Dec 31, 2023 | 15.21 Mn |
| Dec 31, 2022 | 4.14 Mn |
| Dec 31, 2021 | 8.15 Mn |