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| Date | Value |
|---|---|
| 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 |