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% on a QoQ basis from 22.87% in Q4 2025.

GigaCloud Technology (GCT) Gross Margin (2023 - 2026) Analysis & Trends

GigaCloud Technology (GCT) has reported Gross Margin for 4 consecutive years, with 23.88% the latest figure, recorded in 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 came in at 23.88% for Q1 2026 at GigaCloud Technology, 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.
  • Average Gross Margin over 4 years is 24.71%, with a median of 23.88% recorded in 2026.
  • The largest YoY upside for Gross Margin was 336 bps in 2024 against a maximum downside of 656 bps in 2024.
  • Year by year, Gross Margin stood at 28.54% in 2023, then dropped by 23 bps to 21.97% in 2024, then grew by 4 bps to 22.87% in 2025, then climbed by 4 bps to 23.88% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 23.88%, 22.87%, and 23.16% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 67.63%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 89.22%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 86.78%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 73.59%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 76.12%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 80.29%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 71.21%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 73.54%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 48.03%
10 GigaCloud Technology 1.21 Bn 851.76 Mn 85.85 Mn 23.88%

Historic Data

Download Data
DateValue
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%