GigaCloud Earnings Reports

GigaCloud Technology Inc reported sustained revenue and GMV growth in Q1 2025, with total revenues increasing 8.3% year-over-year to $271.9 million. Net income remained stable at $27.1 million, while diluted EPS increased by 3.0% to $0.68.

GigaCloud Technology Inc. posted total revenues of $295.8 million in Q4 2024, a 20.9% increase year-over-year. However, net income declined by 12.9% to $31.0 million, and gross profit fell 6.9% due to a lower gross margin of 22.0%. Adjusted EPS decreased by 29.9% to $0.75, highlighting profitability challenges despite strong top-line growth.

GigaCloud Technology Inc. announced strong financial results for the third quarter ended September 30, 2024. Total revenues increased by 70.2% year-over-year to $303.3 million, with net income rising by 68.2% to $40.7 million. The company also reported record-high net income and adjusted EBITDA.

GigaCloud Technology Inc. reported strong financial results for the second quarter ended June 30, 2024, with total revenues increasing by 103.1% year-over-year to $310.9 million. Net income grew by 46.7% to $27.0 million, and adjusted EBITDA increased by 71.5% to $42.7 million.

GigaCloud Technology Inc. reported a strong fourth quarter in 2023, marked by record profitability and significant revenue growth. Total revenues increased by 94.8% compared to the same period in 2022, reaching $244.7 million. Net income also saw a substantial increase of 184.8%, amounting to $35.6 million, and gross profit increased by 161.4% to $69.8 million.