GigaCloud Technology Financial Statements
NASDAQ: GCTConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
GigaCloud Technology revenue and earnings
In fiscal 2025, GigaCloud Technology generated $1.29 billion in revenue, up 11.1% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $137.4 million (+9.2% year over year), for a net margin of 10.6% versus a median of 10.8% in the prior 5 years. Gross margin was 23.3% (down from 24.6%) and operating margin 11.2%.
Diluted earnings per share came in at $3.59, up from $3.05. Over the last 5 fiscal years, GCT's revenue has grown at a 36.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
GigaCloud Technology income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 1.29B | 1.16B | 703.83M | 490.07M | 414.20M | 275.48M |
| Revenue growth (YoY) | +11.10% | +64.96% | +43.62% | +18.32% | +50.36% | — |
| Gross Profit | 300.67M | 285.24M | 188.63M | 83.11M | 89.60M | 75.12M |
| Operating Expenses | 155.69M | 154.61M | 78.56M | 48.09M | 50.24M | 30.93M |
| Research & Development | 10.83M | 9.79M | 3.92M | 1.43M | 0 | 0 |
| Selling, General & Admin | 144.76M | 144.63M | 71.39M | 46.66M | 50.24M | 30.93M |
| Operating Income | 144.98M | 130.62M | 110.08M | 35.02M | 39.35M | 44.18M |
| Interest Expense | 200.00K | 256.00K | 1.24M | 568.00K | 309.00K | 46.00K |
| Other Income (Expense) | 4.51M | 2.08M | 767.00K | 6.00K | 156.00K | 56.00K |
| Pretax Income | 161.19M | 140.61M | 115.00M | 31.16M | 37.73M | 45.27M |
| Income Tax | 23.82M | 14.81M | 20.89M | 7.19M | 8.47M | 7.82M |
| Net Income | 137.37M | 125.81M | 94.11M | 23.97M | 29.26M | 37.45M |
| Net Income growth (YoY) | +9.19% | +33.68% | +292.57% | -18.06% | -21.89% | — |
| EPS (Basic) | 3.60 | 3.06 | 2.31 | 0.60 | 0.88 | 1.36 |
| EPS (Diluted) | 3.59 | 3.05 | 2.30 | 0.60 | 0.88 | 1.36 |
| Shares Outstanding (Basic) | 38.16M | 41.08M | 40.79M | 24.41M | 10.25M | 9.50M |
| Shares Outstanding (Diluted) | 38.23M | 41.20M | 40.92M | 24.41M | 10.25M | 9.50M |
| EBITDA | 153.31M | 139.15M | 112.95M | 36.41M | 40.13M | 44.41M |
| Gross Margin | 23.31% | 24.57% | 26.80% | 16.96% | 21.63% | 27.27% |
| Operating Margin | 11.24% | 11.25% | 15.64% | 7.15% | 9.50% | 16.04% |
| Net Margin | 10.65% | 10.84% | 13.37% | 4.89% | 7.06% | 13.60% |
This table shows 6 annual periods of GigaCloud Technology's income statement, from FY 2025 back to FY 2020, across 19 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow GCT's reporting calendar. What is a income statement?