GigaCloud Technology (GCT) Operating Expenses (2023 - 2026)
GigaCloud Technology (GCT) posted quarterly Operating Expenses of $43.4 million for Q1 2026, up 22.5% year-over-year from $35.4 million in Q1 2025, and up 1.66% quarter-over-quarter from $42.7 million in Q4 2025.
GigaCloud Technology (GCT) Operating Expenses (2023 - 2026) Analysis & Trends
GigaCloud Technology's Operating Expenses history runs 4 years deep, the most recent figure standing at $43.4 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 22.5% year-over-year to $43.4 million; the TTM figure through Mar 2026 stood at $163.7 million (up 3.39% YoY), while the FY2025 annual figure was $155.7 million, up 0.7% from the prior year.
- Operating Expenses for Q1 2026 stood at $43.4 million, up from $42.7 million in the prior quarter.
- The five-year high for Operating Expenses was $49.0 million in Q2 2024, with the low at $11.7 million in Q1 2023.
- The 4-year median for Operating Expenses is $36.5 million (2024), against an average of $33.2 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 188.84% in 2024, then decreased 16.12% in 2025.
- GigaCloud Technology's Operating Expenses stood at $32.7 million in 2023, then advanced by 14.19% to $37.4 million in 2024, then rose by 14.19% to $42.7 million in 2025, then advanced by 1.66% to $43.4 million in 2026.
- Business Quant data shows GCT's Operating Expenses at $43.4 million in Q1 2026, $42.7 million in Q4 2025, and $36.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 Mn | 58.05 Mn |
Historic Data
Download 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 |