Gigacloud Technology Inc Class A (GCT) financials
Gigacloud Technology revenue and earnings by year
Gigacloud Technology's revenue was $1.29 billion in the fiscal year to December 31, 2025, up 11.1% from the year before. Net income was $137 million, 10.6% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 48.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.29 | 1.16 | 0.70 | 0.49 | 0.41 | 0.28 | 0.12 |
| Revenue growth | 11.1% | 65.0% | 43.6% | 18.3% | 50.4% | 125.3% | — |
| Gross profit | 0.30 | 0.29 | 0.19 | 0.08 | 0.09 | 0.08 | 0.02 |
| Gross margin | 23.3% | 24.6% | 26.8% | 17.0% | 21.6% | 27.3% | 18.1% |
| Operating income | 0.14 | 0.13 | 0.11 | 0.04 | 0.04 | 0.04 | 0.00 |
| Operating margin | 11.2% | 11.3% | 15.6% | 7.1% | 9.5% | 16.0% | 3.9% |
| Net income | 0.14 | 0.13 | 0.09 | 0.02 | 0.03 | 0.04 | 0.00 |
| Net margin | 10.6% | 10.8% | 13.4% | 4.9% | 7.1% | 13.6% | 2.3% |
| Diluted EPS | $3.59 | $3.05 | $2.30 | — | — | — | — |
| Free cash flow | 0.18 | 0.14 | 0.13 | 0.05 | 0.01 | 0.03 | 0.00 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GCT in Markets.
How Gigacloud Technology makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $291M | 70.6% |
| Last Mile Delivery Service | $70.0M | 17.0% |
| Warehousing Service | $16.0M | 3.9% |
| Ocean Transportation Service | $10.7M | 2.6% |
| Packaging Service | $9.28M | 2.3% |
| Platform Commission | $6.25M | 1.5% |
| Services & Other | $5.40M | 1.3% |
| Drayage Service | $3.14M | 0.8% |
See also: GCT valuation and P/E history · GCT returns
No forecast, no recommendation. This page describes Gigacloud Technology Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.