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

GigaCloud Technology (GCT) posted quarterly Operating Income of $42.5 million for Q1 2026, up 49.98% year-over-year from $28.3 million in Q1 2025, and up 5.43% on a QoQ basis from $40.3 million in Q4 2025.

GigaCloud Technology (GCT) Operating Income (2023 - 2026) Analysis & Trends

GigaCloud Technology (GCT) has reported Operating Income for 4 consecutive years, with $42.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income rose 49.98% year-over-year to $42.5 million; the TTM figure through Mar 2026 stood at $159.1 million (up 28.2% YoY), while the FY2025 annual figure was $145.0 million, up 10.99% from the prior year.
  • Operating Income came in at $42.5 million for Q1 2026 at GigaCloud Technology, up from $40.3 million in the prior quarter.
  • The five-year high for Operating Income was $42.5 million in Q1 2026, with the low at $17.9 million in Q1 2023.
  • Average Operating Income over 4 years is $32.9 million, with a median of $34.8 million recorded in 2024.
  • The largest YoY upside for Operating Income was 94.99% in 2024 against a maximum downside of 25.56% in 2024.
  • Year by year, Operating Income stood at $37.1 million in 2023, then dropped by 25.56% to $27.6 million in 2024, then jumped by 45.8% to $40.3 million in 2025, then rose by 5.43% to $42.5 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $42.5 million, $40.3 million, and $40.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.40 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 6.13 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 754.00 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 397.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 13.79 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 580.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -61.99 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 203.05 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -171.99 Mn
10 GigaCloud Technology 1.21 Bn 851.76 Mn 85.85 Mn 42.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.48 Mn
Dec 31, 2025 40.29 Mn
Sep 30, 2025 40.52 Mn
Jun 30, 2025 35.84 Mn
Mar 31, 2025 28.32 Mn
Dec 31, 2024 27.63 Mn
Sep 30, 2024 40.72 Mn
Jun 30, 2024 27.45 Mn
Mar 31, 2024 34.82 Mn
Dec 31, 2023 37.12 Mn
Sep 30, 2023 31.70 Mn
Jun 30, 2023 23.40 Mn
Mar 31, 2023 17.86 Mn