GigaCloud Technology Inc. (GCT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | -21.73M | 64.37M | 78.25M | 38.61M | 9.43M | 68.42M | 55.24M | 19.11M | 15.31M | 50.73M | 44.08M | 18.3M | 20.35M | 26.32M | 33.64M | 4.2M | -14.51M | 23.83M | -5.27M | -6.46M |
| Operating CF Margin % | -6.05% | 17.74% | 23.52% | 11.97% | 3.47% | 23.13% | 18.21% | 6.15% | 6.1% | 20.73% | 24.74% | 11.95% | 15.92% | 20.96% | 26.28% | 3.39% | -12.91% | 22.87% | -4.72% | -6.83% |
| Operating CF Growth % | -330.41% | -5.92% | 41.65% | 102.06% | -38.38% | 34.87% | 25.32% | 4.44% | -24.76% | 92.74% | 31.02% | 335.28% | 240.2% | 10.44% | - | 179.71% | -124.68% | 320.39% | - | - |
| Net Income | 38.12M | 38.5M | 37.17M | 34.55M | 27.15M | 30.96M | 40.69M | 26.97M | 27.2M | 35.58M | 24.2M | 18.39M | 15.94M | 12.48M | 657K | 6.1M | 4.74M | 9.3M | 13.62M | 7.98M |
| Depreciation & Amortization | 2.23M | 2.03M | 2.12M | 2.14M | 2.05M | 2.27M | 2.11M | 2.06M | 2.08M | 1.72M | 390K | 380K | 380K | 349K | 378K | 348K | 311K | 244K | 138K | 128K |
| Stock-Based Compensation | 345K | 349K | 349K | 3.03M | 1.23M | 1.25M | 1.43M | 13.87M | 275K | 429K | 317K | 1.51M | 247K | 110K | 8.89M | 0 | 199K | 0 | 0 | 0 |
| Deferred Taxes | 0 | -3.01M | 0 | 0 | 0 | 0 | -1.08M | -4.84M | -2.03M | 539K | -98K | 102K | -145K | 724K | 574K | -866K | -249K | 370K | 161K | -351K |
| Other Non-Cash Items | 2.7M | 2.5M | 1.92M | 1.81M | 1.53M | 13.1M | -2.9M | 16.36M | 12.39M | -18.98M | 8.3M | 9.42M | 6.95M | -17.25M | 6.09M | 11.72M | 8.38M | 3M | 145K | -20K |
| Working Capital Changes | -65.13M | 24M | 36.69M | -2.92M | -22.52M | 20.85M | 14.99M | -35.31M | -24.59M | 31.45M | 10.97M | -11.51M | -3.02M | 29.91M | 17.06M | -13.1M | -27.89M | 10.91M | -19.34M | -14.2M |
| Change in Receivables | -10.16M | -5.82M | 9.66M | -668K | -9.01M | 3.6M | 7.25M | -10.45M | -632K | -509K | -1.25M | -595K | -2.71M | -5.03M | 1.31M | -2.32M | -3.12M | 5.15M | 8.01M | -9.16M |
| Change in Inventory | -43.46M | -12.44M | 9.69M | 21.91M | -30.84M | 5.77M | 15.35M | -11.95M | -56.05M | -11.59M | 2.83M | -5.41M | -2.34M | 5.32M | 22.39M | 5.29M | -30.21M | -2.81M | -20M | -9.71M |
| Change in Payables | -17.43M | 35.25M | 18.28M | -14.6M | 14.55M | 41.31M | -29.81M | -1.2M | 27.89M | 17.68M | 5.43M | 1.18M | 1.74M | 1.33M | -324K | -2.46M | 8.08M | 8.01M | 6.42M | 86K |
| Cash from Investing | -14.81M | -8.65M | 27.74M | -28.8M | 4.63M | -1.38M | -23.64M | -17.93M | -12.47M | -81.23M | -9.16M | -21K | -137K | -93K | -471K | -65K | -80K | -314K | -10K | -594K |
| Capital Expenditures | -4.47M | -2.71M | -1.19M | -1.58M | -2.4M | -1.5M | -3.84M | -6.2M | -3.99M | -3.56M | -665K | -21K | -137K | -93K | -471K | -65K | -80K | -314K | -10K | -594K |
| CapEx % of Revenue | 1.24% | 0.75% | 0.36% | 0.49% | 0.88% | 0.51% | 1.27% | 2% | 1.59% | 1.45% | 0.37% | 0.01% | 0.11% | 0.07% | 0.37% | 0.05% | 0.07% | 0.3% | 0.01% | 0.63% |
| Acquisitions | -13.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -78.13M | 1.94K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 22K | -940K | 22K | 75K | 34K | 403K | 64K | 111K | 1.52M | 460K | -8.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -12.41M | -10.12M | -11.45M | -23.44M | -22.77M | -23.38M | -440K | -554K | -595K | -569K | -2.38M | -138K | -916K | -1.96M | 34.45M | -861K | 261K | -1.11M | -395K | -530K |
| Debt Issued (Net) | -148K | 284K | -106K | -144K | -34K | -137K | -440K | -554K | -595K | -569K | -786K | -138K | -916K | -891K | -867K | -861K | -1.32M | -1.11M | -395K | -530K |
| Equity Issued (Net) | -12.27M | 57.37M | -11.34M | -23.3M | -22.73M | -23.24M | 0 | 0 | 0 | 0 | -1.55M | 0 | 0 | -3.03M | 0 | -1.58M | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -12.27M | 57.37M | -11.34M | -23.3M | -22.73M | -23.24M | 0 | 0 | 0 | 0 | -1.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -67.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47.33K | 0 | 0 | 1.96M | 35.31M | 1.58M | 1.58M | 0 | 0 | 0 |
| Net Change in Cash | -49.5M | 44.99M | 94.74M | -11.6M | -8.04M | 42.12M | 31.8M | 420K | 1.94M | -30.72M | 32.49M | 18.19M | 19.13M | 27.35M | 67M | 1.21M | -14.34M | 20.21M | -5.58M | -7.59M |
| Free Cash Flow | -26.2M | 61.66M | 77.06M | 37.03M | 7.04M | 66.92M | 51.4M | 12.9M | 11.32M | 47.17M | 43.42M | 18.27M | 20.21M | 26.23M | 33.17M | 4.14M | -14.59M | 23.52M | -5.28M | -7.05M |
| FCF Margin % | -7.29% | 17% | 23.17% | 11.48% | 2.59% | 22.62% | 16.95% | 4.15% | 4.51% | 19.28% | 24.37% | 11.93% | 15.81% | 20.88% | 25.92% | 3.34% | -12.98% | 22.57% | -4.73% | -7.46% |
| FCF Growth % | -472.31% | -7.86% | 49.92% | 186.96% | -37.8% | 41.86% | 18.39% | -29.38% | -44.01% | 79.86% | 30.88% | 341.61% | 238.49% | 11.52% | - | 178.33% | -106.89% | 334.39% | - | - |
| FCF per Share | -0.71 | 1.61 | 2.05 | 0.97 | 0.18 | 1.63 | 1.24 | 0.31 | 0.28 | 1.15 | 1.06 | 0.45 | 0.50 | 0.64 | 0.83 | 0.10 | -0.36 | 0.59 | -0.13 | -0.18 |
| FCF Conversion (FCF/Net Income) | -0.57x | 1.67x | 2.10x | 1.12x | 0.35x | 2.21x | 1.36x | 0.71x | 0.56x | 1.43x | 1.82x | 0.99x | 1.28x | 2.11x | 51.21x | 0.69x | -3.06x | 2.56x | -0.39x | -0.81x |
| Interest Paid | 0 | -126K | 71K | 32K | 23K | 29K | 87K | 59K | 81K | 108K | 215K | 804K | 113K | 129K | 139K | 136K | 164K | 148K | 58K | 65K |
| Taxes Paid | 0 | -22.06M | 2.22M | 19.29M | 552K | 7.41M | 2.33M | 14.97M | 1.6M | 1.41M | 380K | 7.52M | 204K | 2.45M | 824K | 4.06M | 1.2M | -128K | 6.17M | 303K |