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Jun 30, 2025
GigaCloud Q2 2025 Earnings Report
GigaCloud Technology Inc announced its financial results for the second quarter ended June 30, 2025, achieving record quarterly revenue despite a challenging environment.
Key Takeaways
GigaCloud Technology Inc reported a strong second quarter in 2025, achieving record quarterly revenue of $322.6 million, a 3.8% increase year-over-year. The company saw significant growth in net income, up 28.1% to $34.6 million, and diluted EPS, which increased 40.0% to $0.91. Gross profit also saw a slight increase, while adjusted EBITDA grew by 1.4%. The company's Noble House portfolio contributed meaningfully to margins, and strategic investments in acquisitions and share repurchases underscore a focus on shareholder value.
Total revenues reached a record $322.6 million in Q2 2025, marking a 3.8% increase year-over-year.
Net income significantly increased by 28.1% year-over-year to $34.6 million, with diluted EPS rising 40.0% to $0.91.
Gross profit was $76.9 million, a modest 0.7% increase from the previous year, while gross margin slightly decreased to 23.9%.
The company maintained a solid, debt-free balance sheet with cash and cash equivalents, restricted cash, and investments totaling $303.7 million.
Revenue by Segment
Forward Guidance
For the third quarter of 2025, GigaCloud Technology Inc expects total revenues to be between $295 million and $310 million. This forecast is based on current market and operational conditions and is subject to change.
Positive Outlook
- Continued growth trajectory with highest quarterly revenue achieved.
- Noble House portfolio becoming a meaningful margin contributor.
- Attracting new Marketplace participants.
- Expanding European footprint to grow its scale to that of the U.S. market.
- Enhancing ability to transform and reinvent the way big and bulky merchandise is bought and sold through a single technology-driven platform.
Challenges Ahead
- The company operates in a challenging environment.
- Forecasts are subject to change and cannot be predicted with reasonable accuracy.
- No specific guidance provided for profitability metrics like EPS or net income.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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