GigaCloud Technology (GCT) Operating Leases (2021 - 2026)

GigaCloud Technology (GCT) posted quarterly Operating Leases of $367.3 million for Q1 2026, down 22.12% year-over-year from $471.7 million in Q1 2025, and little changed on a QoQ basis from $368.3 million in Q4 2025.

GigaCloud Technology (GCT) Operating Leases (2021 - 2026) Analysis & Trends

GigaCloud Technology (GCT) has reported Operating Leases for 6 consecutive years, with $367.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases fell 22.12% year-over-year to $367.3 million; the TTM figure through Mar 2026 stood at $367.3 million (down 22.12% YoY), while the FY2025 annual figure was $368.3 million, down 6.81% from the prior year.
  • Operating Leases came in at $367.3 million for Q1 2026 at GigaCloud Technology, roughly flat from $368.3 million in the prior quarter.
  • The five-year high for Operating Leases was $517.0 million in Q2 2024, with the low at $116.6 million in Q4 2022.
  • Average Operating Leases over 5 years is $399.8 million, with a median of $418.9 million recorded in 2024.
  • Across the five-year window, Operating Leases soared 194.7% in 2023 and decreased 22.12% in 2026, its largest moves.
  • Year by year, Operating Leases stood at $116.6 million in 2022, then jumped by 194.7% to $343.5 million in 2023, then grew by 15.06% to $395.2 million in 2024, then declined by 6.81% to $368.3 million in 2025, then retreated by 0.26% to $367.3 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $367.3 million, $368.3 million, and $461.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 367.35 Mn
Dec 31, 2025 368.32 Mn
Sep 30, 2025 461.01 Mn
Jun 30, 2025 467.71 Mn
Mar 31, 2025 471.67 Mn
Dec 31, 2024 395.24 Mn
Sep 30, 2024 418.92 Mn
Jun 30, 2024 517.00 Mn
Mar 31, 2024 470.39 Mn
Dec 31, 2023 343.51 Mn
Dec 31, 2022 116.56 Mn
Dec 31, 2021 119.62 Mn