GigaCloud Technology (GCT) vs Progress Software (PRGS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
GigaCloud Technology (GCT) has outperformed Progress Software (PRGS) over the past year, gaining 97.6% versus a loss of 20.6%. GigaCloud Technology is the larger company by market cap ($2.00 billion vs $1.52 billion), about 1.3 times the size. On valuation, Progress Software trades at a lower forward P/E (5.2x vs 9.6x for GigaCloud Technology).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GCT | PRGS |
|---|---|---|
| Share price | $55.96 | $37.21 |
| Market cap | $2.00B | $1.52B |
| 1-day change | +2.19% | +0.03% |
| YTD return | +42.46% | -13.38% |
| 1-year return | +97.60% | -20.56% |
| 5-year return | — | -25.85% |
| P/E ratio (TTM) | 13.29 | 17.15 |
| Forward P/E | 9.62 | 5.18 |
| EPS (TTM) | $4.21 | $2.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $56.70 | $47.25 |
| 52-week low | $25.39 | $23.82 |
| Distance from 52-week high | -1.30% | -21.25% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +9.60% | +51.03% |
| Average volume | 646.19K | 553.58K |
| Shares outstanding | 28.84M | 40.87M |
| Employees | 1,644 | 2,801 |
| Sector | Consumer Discretionary | Technology |
| Industry | Catalog/Specialty Distribution | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GCT has outperformed PRGS by 118.2 percentage points over the past year.
- Progress Software trades at a higher earnings multiple (17.1x vs 13.3x trailing P/E).
- The two companies sit in different sectors: GigaCloud Technology in Consumer Discretionary and Progress Software in Technology.
About GigaCloud Technology
GCT stock →GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally.
Consumer Discretionary · Catalog/Specialty Distribution · 1,644 employees
About Progress Software
PRGS stock →Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers.
Technology · Computer Software: Prepackaged Software · 2,801 employees
GCT vs PRGS FAQ
Which is bigger, GigaCloud Technology or Progress Software?
GigaCloud Technology (GCT) is larger, with a market capitalization of $2.00B compared with $1.52B for Progress Software (PRGS).
Which stock has performed better over the past year, GCT or PRGS?
GCT returned +97.60% over the past 12 months, compared with -20.56% for PRGS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GCT or PRGS?
GCT has the lower trailing P/E at 13.3, versus 17.1 for PRGS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are GigaCloud Technology and Progress Software in the same industry?
No. GigaCloud Technology is in the Consumer Discretionary sector, while Progress Software is in Technology.