GigaCloud Technology (GCT) Operating Leases (2021 - 2026)
GigaCloud Technology (GCT) recorded quarterly Operating Leases of $367.3 million in Q1 2026, little changed quarter-over-quarter from $368.3 million in Q4 2025, and down 22.12% on a YoY basis from $471.7 million in Q1 2025.
GigaCloud Technology (GCT) Operating Leases (2021 - 2026) Analysis & Trends
GigaCloud Technology's Operating Leases history runs 6 years deep, the most recent figure standing at $367.3 million for 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 was $367.3 million for Q1 2026 at GigaCloud Technology, roughly flat from $368.3 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $517.0 million in Q2 2024 to a low of $116.6 million in Q4 2022.
- Historically, Operating Leases has averaged $399.8 million across 5 years, with a median of $418.9 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Leases soared 194.7% in 2023, then declined 22.12% in 2026.
- A 5-year view of Operating Leases shows it stood at $116.6 million in 2022, then jumped by 194.7% to $343.5 million in 2023, then gained by 15.06% to $395.2 million in 2024, then decreased by 6.81% to $368.3 million in 2025, then dropped by 0.26% to $367.3 million in 2026.
- The last three Operating Leases figures came in at $367.3 million (Q1 2026), $368.3 million (Q4 2025), and $461.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | GigaCloud Technology | 1.20 Bn | 837.09 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 |