GigaCloud Technology (GCT) Operating Expenses (2023 - 2026)
GigaCloud Technology (GCT) posted Operating Expenses of $58.0 million for Q2 2026, up 33.85% on a QoQ basis from $43.4 million in Q1 2026, and up 41.23% year-over-year from $41.1 million in Q2 2025.
Analysis
GigaCloud Technology (GCT) Operating Expenses (2023 - 2026) Analysis & Trends
GigaCloud Technology has reported Operating Expenses for 4 years, with the latest figure at $58.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 41.23% year-over-year to $58.0 million in Q2 2026; TTM through Jun 2026 was $180.6 million, a 20.09% increase from a year earlier, with the FY2025 full-year figure at $155.7 million, up 0.7% from the prior year.
- Operating Expenses was $58.0 million for Q2 2026 at GigaCloud Technology, up from $43.4 million in the prior quarter.
- The five-year high for Operating Expenses was $58.0 million in Q2 2026, with the low at $11.7 million in Q1 2023.
- Average Operating Expenses over 4 years is $35.0 million, with a median of $36.5 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 188.84% in 2024, then dropped 16.12% in 2025.
- Over 4 years, Operating Expenses stood at $32.7 million in 2023, then grew by 14.19% to $37.4 million in 2024, then advanced by 14.19% to $42.7 million in 2025, then surged by 36.07% to $58.0 million in 2026.
- The last three Operating Expenses figures came in at $58.0 million (Q2 2026), $43.4 million (Q1 2026), and $42.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,721.54 Bn | 2,598.55 Bn | 198.88 Bn | 330.81 Bn |
| 2 | JD.com | 38.49 Bn | 5.94 Bn | 16.50 Bn | -3.06 Bn |
| 3 | Coupang | 26.72 Bn | 20.61 Bn | 2.49 Bn | 9.41 Bn |
| 4 | Wayfair | 13.22 Bn | 12.08 Bn | 1.05 Bn | 950.00 Mn |
| 5 | Pattern | 3.51 Bn | 3.16 Bn | 384.36 Mn | 841.24 Mn |
| 6 | GigaCloud Technology | 1.92 Bn | 1.54 Bn | 105.56 Mn | 58.05 Mn |
| 7 | Revolve | 1.41 Bn | 1.07 Bn | 196.67 Mn | 174.57 Mn |
| 8 | Yunji | 1.00 Bn | 974.57 Mn | - | - |
| 9 | ATRenew | 650.91 Mn | 389.79 Mn | -705.59 Mn | -25.40 Mn |
| 10 | Stitch Fix | 392.47 Mn | 205.66 Mn | 148.84 Mn | 152.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.05 Mn |
| Mar 31, 2026 | 43.37 Mn |
| Dec 31, 2025 | 42.66 Mn |
| Sep 30, 2025 | 36.53 Mn |
| Jun 30, 2025 | 41.10 Mn |
| Mar 31, 2025 | 35.40 Mn |
| Dec 31, 2024 | 37.36 Mn |
| Sep 30, 2024 | 36.53 Mn |
| Jun 30, 2024 | 49.00 Mn |
| Mar 31, 2024 | 31.73 Mn |
| Dec 31, 2023 | 32.71 Mn |
| Sep 30, 2023 | 17.16 Mn |
| Jun 30, 2023 | 16.96 Mn |
| Mar 31, 2023 | 11.72 Mn |