GigaCloud Technology (GCT) Operating Margin (2023 - 2026)

GigaCloud Technology (GCT) recorded quarterly Operating Margin of 11.82% in Q1 2026, up 6.39% quarter-over-quarter from 11.11% in Q4 2025, and up 140.0% on a YoY basis from 4.92% in Q1 2025.

GigaCloud Technology (GCT) Operating Margin (2023 - 2026) Analysis & Trends

GigaCloud Technology's Operating Margin history runs 4 years deep, the most recent figure standing at 11.82% for Q1 2026.

  • In Q1 2026, Operating Margin rose 140.0% year-over-year to 11.82%; the TTM figure through Mar 2026 stood at 11.55% (up 105.0% YoY), while the FY2025 annual figure was 11.24%, down 1.0% from the prior year.
  • Operating Margin was 11.82% for Q1 2026 at GigaCloud Technology, up from 11.11% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.79% in Q3 2023 to a low of 8.83% in Q2 2024.
  • Historically, Operating Margin has averaged 12.64% across 4 years, with a median of 12.18% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 645 bps in 2024, then soared 228 bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 15.17% in 2023, then tumbled by 38 bps to 9.34% in 2024, then gained by 19 bps to 11.11% in 2025, then rose by 6 bps to 11.82% in 2026.
  • The last three Operating Margin figures came in at 11.82% (Q1 2026), 11.11% (Q4 2025), and 12.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 46.33%
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn 6.91%
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 31.79%
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 46.18%
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 15.30%
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 1.06%
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 31.36%
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 8.43%
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn -9.69%
10 GigaCloud Technology 1.16 Bn 798.20 Mn 85.85 Mn 11.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.82%
Dec 31, 2025 11.11%
Sep 30, 2025 12.18%
Jun 30, 2025 11.11%
Mar 31, 2025 10.42%
Dec 31, 2024 9.34%
Sep 30, 2024 13.43%
Jun 30, 2024 8.83%
Mar 31, 2024 13.87%
Dec 31, 2023 15.17%
Sep 30, 2023 17.79%
Jun 30, 2023 15.28%
Mar 31, 2023 13.97%