GigaCloud Technology IncGCTEarnings & Financial Report
GigaCloud Technology Inc. is an American e-commerce company that helps retailers buy and sell big and bulky, non-standardized items such as furniture, appliances, and fitness equipment. They own a business-to-business online marketplace and act as a middleman by handling sales, logistics and also delivery to end customers. GigaCloud is headquartered in El Monte, California, and is listed on the Nasdaq stock exchange since August 2022.
Revenue
$295.8M
Gross Profit
$65.0M
Operating Profit
$27.6M
Net Profit
$31.0M
Gross Margin
22.0%
Operating Margin
9.3%
Net Margin
10.5%
YoY Growth
N/A
EPS
$0.76
Financial Flow
GigaCloud Technology Inc Q4 2024 Financial Summary
GigaCloud Technology Inc reported revenue of $295.8M for Q4 2024, with a net profit of $31.0M (10.5% margin). Cost of goods sold was $230.8M, operating expenses totaled $37.4M.
Key Financial Metrics
| Total Revenue | $295.8M |
|---|---|
| Net Profit | $31.0M |
| Gross Margin | 22.0% |
| Operating Margin | 9.3% |
| Report Period | Q4 2024 |
Revenue Breakdown
GigaCloud Technology Inc Q4 2024 revenue of $295.8M breaks down across 7 segments, led by Gigacloud1p at $102.1M (34.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Gigacloud1p | $102.1M | 34.5% |
| Transferred Over Time | $80.4M | 27.2% |
| Product Sales To C | $54.2M | 18.3% |
| Lastmile Delivery Service | $29.3M | 9.9% |
| Warehousing Service | $13.6M | 4.6% |
| Ocean Transportation Service | $13.4M | 4.5% |
| Platform Commission | $4.6M | 1.5% |
GigaCloud Technology Inc Revenue by Segment — Quarterly Trend
GigaCloud Technology Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Gigacloud1p and Transferred Over Time) has evolved quarter over quarter.
| Segment | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| Gigacloud1p | — | — | — | $102.1M |
| Transferred Over Time | $89.8M | $80.1M | — | $80.4M |
| Product Sales To C | — | $66.8M | $52.4M | $54.2M |
| Lastmile Delivery Service | — | — | $42.5M | $29.3M |
| Warehousing Service | $14.2M | $13.0M | $13.7M | $13.6M |
GigaCloud Technology Inc Annual Revenue by Year
GigaCloud Technology Inc annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.2B |
GigaCloud Technology Inc Quarterly Revenue & Net Profit History
GigaCloud Technology Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2025 | $332.6M | +9.7% | $37.2M | 11.2% |
| Q2 2025 | $322.6M | +3.8% | $34.6M | 10.7% |
| Q1 2025 | $271.9M | +8.3% | $27.1M | 10.0% |
| Q4 2024 | $295.8M | — | $31.0M | 10.5% |
| Q3 2024 | $303.3M | +70.2% | $40.7M | 13.4% |
| Q2 2024 | $310.9M | — | $27.0M | 8.7% |
| Q1 2024 | $251.1M | — | $27.2M | 10.8% |
| Q3 2023 | $178.2M | — | $24.2M | 13.6% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $178.2M | $251.1M | $310.9M | $303.3M | $295.8M | $271.9M | $322.6M | $332.6M |
| YoY Growth | N/A | N/A | N/A | 70.2% | N/A | 8.3% | 3.8% | 9.7% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $977.6M | $1.06B | $1.07B | $1.07B | $1.09B | $1.08B | $1.12B |
| Liabilities | N/A | $659.8M | $696.6M | $673.0M | $665.3M | $678.1M | $651.3M | $666.8M |
| Equity | $254.2M | $317.8M | $358.4M | $400.4M | $405.2M | $412.9M | $431.4M | $457.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $15.3M | $19.1M | $55.2M | $68.4M | $9.4M | $38.6M | $78.3M |