GigaCloud Technology (GCT) Tax Rate (2023 - 2026)
GigaCloud Technology (GCT) posted quarterly Tax Rate of 16.99% for Q1 2026, up 37.0% year-over-year from 12.4% in Q1 2025, and up 42.75% on a QoQ basis from 11.9% in Q4 2025.
GigaCloud Technology (GCT) Tax Rate (2023 - 2026) Analysis & Trends
GigaCloud Technology (GCT) has reported Tax Rate for 4 consecutive years, with 16.99% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 37.0% year-over-year to 16.99%; the TTM figure through Mar 2026 stood at 15.04% (up 497.0% YoY), while the FY2025 annual figure was 14.78%, up 425.0% from the prior year.
- Tax Rate came in at 16.99% for Q1 2026 at GigaCloud Technology, up from 11.9% in the prior quarter.
- The five-year high for Tax Rate was 19.07% in Q1 2023, with the low at 1.89% in Q4 2024.
- Average Tax Rate over 4 years is 14.54%, with a median of 16.61% recorded in 2025.
- Across the five-year window, Tax Rate slumped 1886 bps in 2024 and soared 1379 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 16.97% in 2023, then sank by 111 bps to 1.89% in 2024, then soared by 731 bps to 11.9% in 2025, then jumped by 43 bps to 16.99% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 16.99%, 11.9%, and 15.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | GigaCloud Technology | 1.21 Bn | 851.76 Mn | 85.85 Mn | 16.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.99% |
| Mar 31, 2026 | 16.99% |
| Dec 31, 2025 | 11.90% |
| Dec 31, 2025 | 11.90% |
| Sep 30, 2025 | 15.57% |
| Sep 30, 2025 | 15.57% |
| Jun 30, 2025 | 15.63% |
| Jun 30, 2025 | 15.63% |
| Mar 31, 2025 | 16.61% |
| Mar 31, 2025 | 16.61% |
| Dec 31, 2024 | -1.89% |
| Dec 31, 2024 | -1.89% |
| Sep 30, 2024 | 15.02% |
| Sep 30, 2024 | 15.02% |
| Jun 30, 2024 | 7.11% |
| Jun 30, 2024 | 7.11% |
| Mar 31, 2024 | 18.38% |
| Mar 31, 2024 | 18.38% |
| Dec 31, 2023 | 16.97% |
| Dec 31, 2023 | 16.97% |