GigaCloud Technology (GCT) Operating Leases (2022 - 2026)
GigaCloud Technology (GCT) posted quarterly Operating Leases of $474.0 million for Q1 2026, little changed year-over-year from $471.7 million in Q1 2025, and up 28.7% quarter-over-quarter from $368.3 million in Q4 2025.
GigaCloud Technology (GCT) Operating Leases (2022 - 2026) Analysis & Trends
GigaCloud Technology's Operating Leases history runs 5 years deep, the most recent figure standing at $474.0 million for Q1 2026.
- In Q1 2026, Operating Leases changed 0.5% year-over-year to $474.0 million; the TTM figure through Mar 2026 stood at $474.0 million (changed 0.5% YoY), while the FY2025 annual figure was $368.3 million, down 6.81% from the prior year.
- Operating Leases for Q1 2026 stood at $474.0 million, up 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.
- The 5-year median for Operating Leases is $467.7 million (2025), against an average of $408.1 million.
- The sharpest annual moves came in 2023 and 2025: Operating Leases surged 194.7% in 2023, then fell 28.32% in 2025.
- GigaCloud Technology's Operating Leases stood at $116.6 million in 2022, then soared by 194.7% to $343.5 million in 2023, then rose by 15.06% to $395.2 million in 2024, then retreated by 6.81% to $368.3 million in 2025, then grew by 28.7% to $474.0 million in 2026.
- Business Quant data shows GCT's Operating Leases at $474.0 million in Q1 2026, $368.3 million in Q4 2025, and $361.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 505.48 Mn |
| Mar 31, 2026 | 474.02 Mn |
| Dec 31, 2025 | 368.32 Mn |
| Sep 30, 2025 | 361.12 Mn |
| Jun 30, 2025 | 467.71 Mn |
| Mar 31, 2025 | 471.67 Mn |
| Dec 31, 2024 | 395.24 Mn |
| Sep 30, 2024 | 503.78 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 |