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
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