GigaCloud Technology (GCT) Operating Margin (2023 - 2026)
GigaCloud Technology (GCT) reported Operating Margin of 11.54% for Q2 2026, up 0.43 percentage points from 11.11% a year earlier but down 0.27 percentage points from the prior quarter.
GigaCloud Technology (GCT) Operating Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GigaCloud Technology's Operating Margin came in at 11.65%, up 0.54 percentage points year-over-year; for FY2025, it came in at 11.24%, down 0.01 percentage points from FY2024.
- Operating Margin has a five-year change of -4.80 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 11.25% in FY2024 (-4.39 pp), 15.64% in FY2023 (+8.49 pp), 7.15% in FY2022 (-2.35 pp) and 9.50% in FY2021 (-6.54 pp).
- Five-year quarterly Operating Margin spans a low of 8.83% in Q2 2024 and a high of 17.79% in Q3 2023.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of -1.13 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q2 2025 (a gain of 2.28 percentage points); the low point was Q2 2024 (a drop of 6.45 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.82% (Q1 2026), 11.11% (Q4 2025) and 12.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 13.69% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 14.29% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 13.09% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 13.67% |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 17.62% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 9.65% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 20.15% |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 9.22% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 19.08% |
| 10 | GigaCloud Technology | 3.78 Bn | 2.26 Bn | 105.56 Mn | 11.54% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.54% |
| 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% |
GigaCloud Technology Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=GCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "GCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=GCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();