GigaCloud Technology (GCT) Tax Provisions (2023 - 2026)
GigaCloud Technology (GCT) posted quarterly Tax Provisions of $7.8 million for Q1 2026, up 45.55% year-over-year from $5.4 million in Q1 2025, and up 50.0% quarter-over-quarter from $5.2 million in Q4 2025.
GigaCloud Technology (GCT) Tax Provisions (2023 - 2026) Analysis & Trends
GigaCloud Technology's Tax Provisions history runs 4 years deep, the most recent figure standing at $7.8 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 45.55% year-over-year to $7.8 million; the TTM figure through Mar 2026 stood at $26.3 million (up 87.03% YoY), while the FY2025 annual figure was $23.8 million, up 60.87% from the prior year.
- Tax Provisions for Q1 2026 stood at $7.8 million, up from $5.2 million in the prior quarter.
- The five-year high for Tax Provisions was $7.8 million in Q1 2026, with the low at -$573000.0 in Q4 2024.
- The 4-year median for Tax Provisions is $5.6 million (2023), against an average of $5.2 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions sank 107.88% in 2024, then surged 1007.5% in 2025.
- GigaCloud Technology's Tax Provisions stood at $7.3 million in 2023, then tumbled by 107.88% to -$573000.0 in 2024, then soared by 1007.5% to $5.2 million in 2025, then jumped by 50.0% to $7.8 million in 2026.
- Business Quant data shows GCT's Tax Provisions at $7.8 million in Q1 2026, $5.2 million in Q4 2025, and $6.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.94 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.38 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -555.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 21.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 115.00 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 2.04 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 14.34 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 62.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 214.41 Mn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 Mn | 7.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.57 Mn |
| Mar 31, 2026 | 7.80 Mn |
| Dec 31, 2025 | 5.20 Mn |
| Sep 30, 2025 | 6.86 Mn |
| Jun 30, 2025 | 6.40 Mn |
| Mar 31, 2025 | 5.36 Mn |
| Dec 31, 2024 | -573,000.00 |
| Sep 30, 2024 | 7.19 Mn |
| Jun 30, 2024 | 2.07 Mn |
| Mar 31, 2024 | 6.13 Mn |
| Dec 31, 2023 | 7.27 Mn |
| Sep 30, 2023 | 5.59 Mn |
| Jun 30, 2023 | 4.27 Mn |
| Mar 31, 2023 | 3.76 Mn |