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.
GCT Q3 2025 Key Financial Metrics
Revenue
$332.6M
Gross Profit
$77.0M
Operating Profit
$40.5M
Net Profit
$37.2M
Gross Margin
23.2%
Operating Margin
12.2%
Net Margin
11.2%
YoY Growth
9.7%
EPS
$0.99
Financial Flow
GigaCloud Technology Inc Q3 2025 Financial Summary
GigaCloud Technology Inc reported revenue of $332.6M (up 9.7% YoY) for Q3 2025, with a net profit of $37.2M (down 8.6% YoY) (11.2% margin). Cost of goods sold was $255.6M, operating expenses totaled $36.5M.
Key Financial Metrics
| Total Revenue | $332.6M |
|---|---|
| Net Profit | $37.2M |
| Gross Margin | 23.2% |
| Operating Margin | 12.2% |
| Report Period | Q3 2025 |
Revenue Breakdown
GigaCloud Technology Inc Q3 2025 revenue of $332.6M breaks down across 8 segments, led by Services at $108.4M (32.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services | $108.4M | 32.6% |
| Transferred Over Time | $89.8M | 27.0% |
| Product Sales To B | $50.1M | 15.0% |
| Last Mile Delivery Service | $49.2M | 14.8% |
| Warehousing Service | $14.2M | 4.3% |
| Ocean Transportation Service | $9.0M | 2.7% |
| Platform Commission | $4.9M | 1.5% |
| Drayage Service | $3.2M | 1.0% |
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 Services and Transferred Over Time) has evolved quarter over quarter.
| Segment | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| Services | $108.4M | $96.9M | $94.1M | — |
| Transferred Over Time | $89.8M | $80.1M | — | $80.4M |
| Product Sales To B | $50.1M | — | $44.0M | — |
| Last Mile Delivery Service | $49.2M | $45.6M | — | — |
| 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). Click any linked year to see what changed vs the prior annual report.
| 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 |