GigaCloud Technology (GCT) Tax Provisions (2023 - 2026)
GigaCloud Technology (GCT) recorded quarterly Tax Provisions of $7.8 million in Q1 2026, up 50.0% quarter-over-quarter from $5.2 million in Q4 2025, and up 44.44% on a YoY basis from $5.4 million in Q1 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 44.44% year-over-year to $7.8 million; the TTM figure through Mar 2026 stood at $26.3 million (up 86.49% YoY), while the FY2025 annual figure was $23.8 million, up 60.87% from the prior year.
- Tax Provisions was $7.8 million for Q1 2026 at GigaCloud Technology, up from $5.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $7.8 million in Q1 2026 to a low of -$573000.0 in Q4 2024.
- Historically, Tax Provisions has averaged $5.2 million across 4 years, with a median of $5.6 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 107.88% in 2024, then soared 1007.5% in 2025.
- A 4-year view of Tax Provisions shows it stood at $7.3 million in 2023, then plunged by 107.88% to -$573000.0 in 2024, then jumped by 1007.5% to $5.2 million in 2025, then surged by 50.0% to $7.8 million in 2026.
- The last three Tax Provisions figures came in at $7.8 million (Q1 2026), $5.2 million (Q4 2025), and $6.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 184,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 695.00 Mn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 12.20 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 117.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -3.60 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 122.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.50 Mn |
| 10 | GigaCloud Technology | 1.20 Bn | 837.09 Mn | 85.85 Mn | 7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 5.40 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 |