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| 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 |