GigaCloud Technology (GCT) Operating Expenses (2023 - 2026)

GigaCloud Technology (GCT) recorded quarterly Operating Expenses of $43.4 million in Q1 2026, up 1.66% quarter-over-quarter from $42.7 million in Q4 2025, and up 22.5% on a YoY basis from $35.4 million in Q1 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 was $43.4 million for Q1 2026 at GigaCloud Technology, up from $42.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $49.0 million in Q2 2024 to a low of $11.7 million in Q1 2023.
  • Historically, Operating Expenses has averaged $33.2 million across 4 years, with a median of $36.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 188.84% in 2024, then slipped 16.12% in 2025.
  • A 4-year view of Operating Expenses shows it stood at $32.7 million in 2023, then climbed by 14.19% to $37.4 million in 2024, then gained by 14.19% to $42.7 million in 2025, then climbed by 1.66% to $43.4 million in 2026.
  • The last three Operating Expenses figures came in at $43.4 million (Q1 2026), $42.7 million (Q4 2025), and $36.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 GigaCloud Technology 1.20 Bn 837.09 Mn 85.85 Mn 43.37 Mn

Historic Data

Download Data
DateValue
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