GigaCloud Technology (GCT) Gross Margin (2023 - 2026)
GigaCloud Technology (GCT) posted quarterly Gross Margin of 23.88% for Q1 2026, up 44.0% year-over-year from 16.58% in Q1 2025, and up 4.43% quarter-over-quarter from 22.87% in Q4 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 for Q1 2026 stood at 23.88%, up from 22.87% in the prior quarter.
- The five-year high for Gross Margin was 28.54% in Q4 2023, with the low at 21.97% in Q4 2024.
- The 4-year median for Gross Margin is 23.88% (2026), against an average of 24.71%.
- Peak annual rise in Gross Margin reached 336 bps in 2024, while the deepest fall reached 656 bps in 2024.
- GigaCloud Technology's Gross Margin stood at 28.54% in 2023, then fell by 23 bps to 21.97% in 2024, then rose by 4 bps to 22.87% in 2025, then increased by 4 bps to 23.88% in 2026.
- Business Quant data shows GCT's Gross Margin at 23.88% in Q1 2026, 22.87% in Q4 2025, and 23.16% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 Mn | 25.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.64% |
| 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% |