GigaCloud Technology (GCT) Net Income (2023 - 2026)
GigaCloud Technology (GCT) posted quarterly Net Income of $38.1 million for Q1 2026, up 40.41% year-over-year from $27.1 million in Q1 2025, and down 0.99% quarter-over-quarter from $38.5 million in Q4 2025.
GigaCloud Technology (GCT) Net Income (2023 - 2026) Analysis & Trends
GigaCloud Technology's Net Income history runs 4 years deep, the most recent figure standing at $38.1 million for Q1 2026.
- In Q1 2026, Net Income rose 40.41% year-over-year to $38.1 million; the TTM figure through Mar 2026 stood at $148.3 million (up 17.96% YoY), while the FY2025 annual figure was $137.4 million, up 9.19% from the prior year.
- Net Income for Q1 2026 stood at $38.1 million, down from $38.5 million in the prior quarter.
- The five-year high for Net Income was $40.7 million in Q3 2024, with the low at $15.9 million in Q1 2023.
- The 4-year median for Net Income is $31.0 million (2024), against an average of $30.4 million.
- Peak annual rise in Net Income reached 70.6% in 2024, while the deepest fall reached 12.98% in 2024.
- GigaCloud Technology's Net Income stood at $35.6 million in 2023, then retreated by 12.98% to $31.0 million in 2024, then rose by 24.35% to $38.5 million in 2025, then slipped by 0.99% to $38.1 million in 2026.
- Business Quant data shows GCT's Net Income at $38.1 million in Q1 2026, $38.5 million in Q4 2025, and $37.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 33.11 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.07 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 5.92 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -177.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 605.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -169.98 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 64.72 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -626.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 87.09 Mn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 Mn | 42.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.34 Mn |
| Mar 31, 2026 | 38.12 Mn |
| Dec 31, 2025 | 38.50 Mn |
| Sep 30, 2025 | 37.18 Mn |
| Jun 30, 2025 | 34.55 Mn |
| Mar 31, 2025 | 27.15 Mn |
| Dec 31, 2024 | 30.96 Mn |
| Sep 30, 2024 | 40.69 Mn |
| Jun 30, 2024 | 26.97 Mn |
| Mar 31, 2024 | 27.20 Mn |
| Dec 31, 2023 | 35.58 Mn |
| Sep 30, 2023 | 24.20 Mn |
| Jun 30, 2023 | 18.39 Mn |
| Mar 31, 2023 | 15.94 Mn |