GigaCloud Technology (GCT) Tax Provisions (2023 - 2026)

GigaCloud Technology (GCT) posted quarterly Tax Provisions of $7.8 million for Q1 2026, up 44.44% year-over-year from $5.4 million in Q1 2025, and up 50.0% on a QoQ basis from $5.2 million in Q4 2025.

GigaCloud Technology (GCT) Tax Provisions (2023 - 2026) Analysis & Trends

GigaCloud Technology (GCT) has reported Tax Provisions for 4 consecutive years, with $7.8 million the latest figure, recorded in 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 came in at $7.8 million for Q1 2026 at GigaCloud Technology, 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.
  • Average Tax Provisions over 4 years is $5.2 million, with a median of $5.6 million recorded in 2023.
  • Across the five-year window, Tax Provisions tumbled 107.88% in 2024 and soared 1007.5% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at $7.3 million in 2023, then sank 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.
  • According to Business Quant data, Tax Provisions over the past three periods registered $7.8 million, $5.2 million, and $6.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 7.56 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 12.20 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 117.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -3.60 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 122.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 1.50 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 14.34 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -84.00 Mn
10 GigaCloud Technology 1.21 Bn 851.76 Mn 85.85 Mn 7.80 Mn

Historic Data

Download Data
DateValue
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