Loading...
•
Sep 30, 2025
GCT Q3 2025 Earnings Report
GCT reported its initial 5G chipset revenue in Q3 2025, though overall results reflected a sharp decline in total revenue and a continued net loss.
Key Takeaways
GCT Semiconductor saw early revenue from 5G chipsets in Q3 2025, marking a pivotal milestone, though revenue dropped significantly YoY and net loss widened as production costs remained high and sales volume was limited.
Recorded $148,000 in revenue from first 5G product shipments.
Total net revenue declined 84% YoY to $430,000.
Gross profit was negative due to insufficient revenue to cover overhead.
Net loss widened to $13.85 million in Q3 2025.
Revenue by Segment
Forward Guidance
GCT expects commercial 5G chipset shipments to begin in late Q4 2025 and scale into 2026 as customers move from evaluation to deployment.
Positive Outlook
- Initial 5G chipset shipments exceeded 2,500 units including samples.
- Customer feedback on 5G samples has been highly positive.
- First network operator plans to launch 5G service before end of 2025.
- Production ramping underway to meet expected demand.
- Secured $10.7 million in debt financing to support 5G scaling.
Challenges Ahead
- Revenue remains low and unsustainable at current levels.
- Gross margin remains negative due to underutilization of production capacity.
- High operating expenses continue to drive losses.
- Uncertainty around timing of broader commercial adoption.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...