GigaCloud Technology (GCT) Gross Margin (2023 - 2026)
GigaCloud Technology (GCT) recorded quarterly Gross Margin of 23.88% in Q1 2026, up 4.43% quarter-over-quarter from 22.87% in Q4 2025, and up 44.0% on a YoY basis from 16.58% in Q1 2025.
GigaCloud Technology (GCT) Gross Margin (2023 - 2026) Analysis & Trends
GigaCloud Technology's Gross Margin history runs 4 years deep, the most recent figure standing at 23.88% for Q1 2026.
- In Q1 2026, Gross Margin rose 44.0% year-over-year to 23.88%; the TTM figure through Mar 2026 stood at 23.43% (down 46.0% YoY), while the FY2025 annual figure was 23.31%, down 126.0% from the prior year.
- Gross Margin was 23.88% for Q1 2026 at GigaCloud Technology, up from 22.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 28.54% in Q4 2023 to a low of 21.97% in Q4 2024.
- Historically, Gross Margin has averaged 24.71% across 4 years, with a median of 23.88% in 2026.
- Biggest YoY gain for Gross Margin was 336 bps in 2024; the steepest drop was 656 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 28.54% in 2023, then retreated by 23 bps to 21.97% in 2024, then gained by 4 bps to 22.87% in 2025, then rose by 4 bps to 23.88% in 2026.
- The last three Gross Margin figures came in at 23.88% (Q1 2026), 22.87% (Q4 2025), and 23.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | GigaCloud Technology | 1.20 Bn | 837.09 Mn | 85.85 Mn | 23.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.88% |
| Dec 31, 2025 | 22.87% |
| Sep 30, 2025 | 23.16% |
| Jun 30, 2025 | 23.85% |
| Mar 31, 2025 | 23.44% |
| Dec 31, 2024 | 21.97% |
| Sep 30, 2024 | 25.47% |
| Jun 30, 2024 | 24.59% |
| Mar 31, 2024 | 26.51% |
| Dec 31, 2023 | 28.54% |
| Sep 30, 2023 | 27.42% |
| Jun 30, 2023 | 26.36% |
| Mar 31, 2023 | 23.14% |