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