GigaCloud Technology Inc. (GCT) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 359.49M | 362.75M | 332.64M | 322.61M | 271.91M | 295.78M | 303.32M | 310.87M | 251.08M | 244.74M | 178.17M | 153.13M | 127.8M | 125.6M | 128M | 124.03M | 112.44M | 104.21M | 111.77M | 94.53M |
| Revenue Growth % | 32.21% | 22.64% | 9.67% | 3.78% | 8.3% | 20.86% | 70.24% | 103.01% | 96.47% | 94.85% | 39.2% | 23.47% | 13.66% | 20.53% | - | 10.96% | 18.95% | 34.05% | - | - |
| Cost of Goods Sold | 273.64M | 279.8M | 255.59M | 245.66M | 208.18M | 230.79M | 226.06M | 234.42M | 184.53M | 174.9M | 129.31M | 112.77M | 98.22M | 98.93M | 105.45M | 107.01M | 95.57M | 84.61M | 82.87M | 73.64M |
| COGS % of Revenue | 76.12% | 77.13% | 76.84% | 76.15% | 76.56% | 78.03% | 74.53% | 75.41% | 73.5% | 71.46% | 72.58% | 73.64% | 76.86% | 78.76% | 82.38% | 86.28% | 85% | 81.19% | 74.14% | 77.9% |
| Gross Profit | 85.85M | 82.95M | 77.05M | 76.94M | 63.73M | 64.99M | 77.25M | 76.45M | 66.55M | 69.84M | 48.86M | 40.36M | 29.57M | 26.67M | 22.55M | 17.02M | 16.87M | 19.6M | 28.91M | 20.89M |
| Gross Margin % | 23.88% | 22.87% | 23.16% | 23.85% | 23.44% | 21.97% | 25.47% | 24.59% | 26.51% | 28.54% | 27.42% | 26.36% | 23.14% | 21.24% | 17.62% | 13.72% | 15% | 18.81% | 25.86% | 22.1% |
| Gross Profit Growth % | 34.71% | 27.63% | -0.26% | 0.65% | -4.24% | -6.94% | 58.11% | 89.39% | 125.02% | 161.82% | 116.67% | 137.14% | 75.31% | 36.08% | - | -41.12% | -19.24% | -5.37% | - | - |
| Operating Expenses | 43.36M | 42.66M | 36.53M | 41.1M | 35.4M | 37.36M | 36.53M | 48.84M | 31.73M | 32.71M | 17.16M | 16.96M | 11.72M | 11.61M | 18.3M | 8.79M | 9.39M | 8.3M | 12.26M | 10.3M |
| OpEx % of Revenue | 12.06% | 11.76% | 10.98% | 12.74% | 13.02% | 12.63% | 12.04% | 15.71% | 12.64% | 13.37% | 9.63% | 11.08% | 9.17% | 9.25% | 14.3% | 7.09% | 8.35% | 7.96% | 10.97% | 10.9% |
| Selling, General & Admin | 38.69M | 41.64M | 32.49M | 37.74M | 32.9M | 35.02M | 33.9M | 45.74M | 26.24M | 27.13M | 16.78M | 16.43M | 11.05M | 10.19M | 18.3M | 8.79M | 9.39M | 8.3M | 12.26M | 10.3M |
| SG&A % of Revenue | 10.76% | 11.48% | 9.77% | 11.7% | 12.1% | 11.84% | 11.18% | 14.71% | 10.45% | 11.09% | 9.42% | 10.73% | 8.64% | 8.11% | 14.3% | 7.09% | 8.35% | 7.96% | 10.97% | 10.9% |
| Research & Development | 2.36M | 2.62M | 2.53M | 3.18M | 2.49M | 2.36M | 2.58M | 3.1M | 1.76M | 2.34M | 377K | 532K | 672K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 0.66% | 0.72% | 0.76% | 0.99% | 0.92% | 0.8% | 0.85% | 1% | 0.7% | 0.96% | 0.21% | 0.35% | 0.53% | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 177K | 12K | -20K | 45K | 0 | 1000K | 1000K | 0 | 1 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 42.48M | 40.26M | 40.52M | 35.84M | 28.32M | 27.63M | 40.72M | 27.61M | 34.82M | 37.12M | 31.7M | 23.4M | 17.86M | 15.06M | 4.25M | 8.23M | 7.48M | 11.3M | 16.65M | 10.59M |
| Operating Margin % | 11.82% | 11.1% | 12.18% | 11.11% | 10.42% | 9.34% | 13.43% | 8.88% | 13.87% | 15.17% | 17.79% | 15.28% | 13.97% | 11.99% | 3.32% | 6.64% | 6.65% | 10.85% | 14.89% | 11.2% |
| Operating Income Growth % | 50% | 45.69% | -0.5% | 29.82% | -18.65% | -25.56% | 28.47% | 17.99% | 94.99% | 146.48% | 646.21% | 184.22% | 138.68% | 33.22% | - | -50.55% | -29.34% | -14% | - | - |
| EBITDA | 44.71M | 42.29M | 42.63M | 37.98M | 30.37M | 29.91M | 42.83M | 29.67M | 38.48M | 38.85M | 32.09M | 23.78M | 18.24M | 15.41M | 4.63M | 8.58M | 7.79M | 11.55M | 16.79M | 10.72M |
| EBITDA Margin % | 12.44% | 11.66% | 12.82% | 11.77% | 11.17% | 10.11% | 14.12% | 9.55% | 15.32% | 15.87% | 18.01% | 15.53% | 14.27% | 12.27% | 3.61% | 6.92% | 6.93% | 11.08% | 15.02% | 11.34% |
| EBITDA Growth % | 47.21% | 41.4% | -0.46% | 28% | -21.06% | -23.02% | 33.48% | 24.79% | 110.99% | 152.08% | 593.67% | 177.12% | 134.03% | 33.43% | - | -48.88% | -27.29% | -12.59% | - | - |
| D&A (Non-Cash Add-back) | 2.23M | 2.03M | 2.12M | 2.14M | 2.05M | 2.27M | 2.11M | 2.06M | 3.66M | 1.72M | 390K | 380K | 380K | 349K | 378K | 348K | 311K | 244K | 138K | 128K |
| EBIT | 46.04M | 44.02M | 44.1M | 40.99M | 32.53M | 30.41M | 47.96M | 29.09M | 33.4M | 42.96M | 30.01M | 23.4M | 17.86M | 14.98M | 2.77M | 7.47M | 6.51M | 11.13M | 16.66M | 10M |
| Net Interest Income | 2.86M | 2.85M | 3.05M | 2.78M | 2.6M | 2.82M | 2.62M | 2.19M | 1.53M | 1.19M | 722K | -320K | 477K | 125K | -45K | -104K | -72K | -29K | 122K | 33K |
| Interest Income | 2.98M | 3.17M | 3.12M | 2.81M | 2.62M | 2.85M | 2.7M | 2.24M | 1.61M | 1.29M | 937K | 484K | 590K | 254K | 94K | 32K | 92K | 119K | 180K | 98K |
| Interest Expense | 120K | 326K | 71K | 32K | 23K | 29K | 87K | 59K | 81K | 108K | 215K | 804K | 113K | 129K | 139K | 136K | 164K | 148K | 58K | 65K |
| Other Income/Expense | 3.43M | 3.44M | 3.51M | 5.11M | 4.18M | 2.75M | 7.15M | 1.42M | -1.5M | 5.72M | -1.91M | -741K | 1.84M | -210K | -1.62M | -897K | -1.14M | -319K | -41K | -655K |
| Pretax Income | 45.92M | 43.7M | 44.03M | 40.95M | 32.51M | 30.39M | 47.87M | 29.03M | 33.32M | 42.85M | 29.79M | 22.66M | 19.7M | 14.85M | 2.63M | 7.34M | 6.35M | 10.99M | 16.61M | 9.93M |
| Pretax Margin % | 12.77% | 12.05% | 13.24% | 12.69% | 11.95% | 10.27% | 15.78% | 9.34% | 13.27% | 17.51% | 16.72% | 14.8% | 15.41% | 11.82% | 2.06% | 5.91% | 5.64% | 10.54% | 14.86% | 10.51% |
| Income Tax | 7.79M | 5.2M | 6.86M | 6.4M | 5.36M | -573K | 7.19M | 2.06M | 6.13M | 7.27M | 5.59M | 4.27M | 3.76M | 2.38M | 1.97M | 1.24M | 1.61M | 1.69M | 2.98M | 1.95M |
| Effective Tax Rate % | 16.97% | 11.9% | 15.57% | 15.63% | 16.49% | -1.89% | 15.02% | 7.11% | 18.38% | 16.97% | 18.76% | 18.84% | 19.07% | 15.99% | 75.03% | 16.85% | 25.32% | 15.36% | 17.97% | 19.63% |
| 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 |
| Net Margin % | 10.61% | 10.61% | 11.18% | 10.71% | 9.98% | 10.47% | 13.41% | 8.68% | 10.83% | 14.54% | 13.58% | 12.01% | 12.47% | 9.93% | 0.51% | 4.92% | 4.21% | 8.92% | 12.19% | 8.45% |
| Net Income Growth % | 40.44% | 24.35% | -8.63% | 28.12% | -0.18% | -12.98% | 68.11% | 46.65% | 70.6% | 185.15% | 3583.71% | 201.48% | 236.38% | 34.16% | - | -55.22% | -40.64% | -21.2% | - | - |
| Net Income (Continuing) | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.04 | 1.01 | 0.99 | 0.91 | 0.68 | 0.76 | 0.98 | 0.65 | 0.66 | 0.87 | 0.59 | 0.45 | 0.39 | 0.31 | 0.02 | 0.15 | 0.12 | -0.25 | 0.33 | 0.19 |
| EPS Growth % | 52.94% | 32.89% | 1.02% | 40% | 3.03% | -12.64% | 66.1% | 44.44% | 69.23% | 180.65% | 2389.45% | 200% | 225% | 224% | - | -54.55% | -36.84% | -158.14% | - | - |
| EPS (Basic) | 1.04 | 1.02 | 0.99 | 0.91 | 0.68 | 0.76 | 0.98 | 0.65 | 0.67 | 0.87 | 0.59 | 0.45 | 0.39 | 0.31 | 0.02 | 0.15 | 0.12 | -0.25 | 0.33 | 0.19 |
| Diluted Shares Outstanding | 36.77M | 38.23M | 37.61M | 38.11M | 40.14M | 40.94M | 41.4M | 41.41M | 40.95M | 40.9M | 40.88M | 40.94M | 40.72M | 40.69M | 40M | 39.75M | 40.24M | 39.75M | 40.24M | 40.24M |
| Basic Shares Outstanding | 36.68M | 38.16M | 37.54M | 38.07M | 40.02M | 40.87M | 41.36M | 41.3M | 40.79M | 40.77M | 40.77M | 40.9M | 40.72M | 40.69M | 40M | 39.75M | 39.75M | 39.75M | 39.75M | 39.75M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |