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Side-by-side financial comparison of GigaCloud Technology Inc (GCT) and Bio-Techne (TECH). Click either name above to swap in a different company.

GigaCloud Technology Inc is the larger business by last-quarter revenue ($332.6M vs $295.9M, roughly 1.1× Bio-Techne). Bio-Techne runs the higher net margin — 12.8% vs 11.2%, a 1.7% gap on every dollar of revenue. On growth, GigaCloud Technology Inc posted the faster year-over-year revenue change (9.7% vs -6.4%). Over the past eight quarters, GigaCloud Technology Inc's revenue compounded faster (36.6% CAGR vs 4.2%).

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.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

GCT vs TECH — Head-to-Head

Bigger by revenue
GCT
GCT
1.1× larger
GCT
$332.6M
$295.9M
TECH
Growing faster (revenue YoY)
GCT
GCT
+16.1% gap
GCT
9.7%
-6.4%
TECH
Higher net margin
TECH
TECH
1.7% more per $
TECH
12.8%
11.2%
GCT
Faster 2-yr revenue CAGR
GCT
GCT
Annualised
GCT
36.6%
4.2%
TECH

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
GCT
GCT
TECH
TECH
Revenue
$332.6M
$295.9M
Net Profit
$37.2M
$38.0M
Gross Margin
23.2%
64.6%
Operating Margin
12.2%
18.4%
Net Margin
11.2%
12.8%
Revenue YoY
9.7%
-6.4%
Net Profit YoY
-8.6%
68.3%
EPS (diluted)
$0.99
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GCT
GCT
TECH
TECH
Q4 25
$295.9M
Q3 25
$332.6M
Q2 25
$322.6M
$317.0M
Q1 25
$271.9M
$316.2M
Q4 24
$295.8M
$297.0M
Q3 24
$303.3M
$289.5M
Q2 24
$310.9M
$306.1M
Q1 24
$251.1M
$303.4M
Net Profit
GCT
GCT
TECH
TECH
Q4 25
$38.0M
Q3 25
$37.2M
Q2 25
$34.6M
$-17.7M
Q1 25
$27.1M
$22.6M
Q4 24
$31.0M
$34.9M
Q3 24
$40.7M
$33.6M
Q2 24
$27.0M
$40.6M
Q1 24
$27.2M
$49.1M
Gross Margin
GCT
GCT
TECH
TECH
Q4 25
64.6%
Q3 25
23.2%
Q2 25
23.9%
62.7%
Q1 25
23.4%
67.9%
Q4 24
22.0%
65.3%
Q3 24
25.5%
63.2%
Q2 24
24.6%
66.4%
Q1 24
26.5%
67.4%
Operating Margin
GCT
GCT
TECH
TECH
Q4 25
18.4%
Q3 25
12.2%
Q2 25
11.1%
-7.5%
Q1 25
10.4%
12.2%
Q4 24
9.3%
16.0%
Q3 24
13.4%
13.8%
Q2 24
8.8%
15.0%
Q1 24
13.9%
22.1%
Net Margin
GCT
GCT
TECH
TECH
Q4 25
12.8%
Q3 25
11.2%
Q2 25
10.7%
-5.6%
Q1 25
10.0%
7.1%
Q4 24
10.5%
11.7%
Q3 24
13.4%
11.6%
Q2 24
8.7%
13.3%
Q1 24
10.8%
16.2%
EPS (diluted)
GCT
GCT
TECH
TECH
Q4 25
$0.24
Q3 25
$0.99
Q2 25
$0.91
$-0.11
Q1 25
$0.68
$0.14
Q4 24
$0.76
$0.22
Q3 24
$0.98
$0.21
Q2 24
$0.65
$0.26
Q1 24
$0.66
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GCT
GCT
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$365.9M
$172.9M
Total DebtLower is stronger
$260.0M
Stockholders' EquityBook value
$457.3M
$2.0B
Total Assets
$1.1B
$2.5B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCT
GCT
TECH
TECH
Q4 25
$172.9M
Q3 25
$365.9M
Q2 25
$303.0M
$162.2M
Q1 25
$286.8M
$140.7M
Q4 24
$302.4M
$177.5M
Q3 24
$259.8M
$187.5M
Q2 24
$207.8M
$152.9M
Q1 24
$195.3M
$145.3M
Total Debt
GCT
GCT
TECH
TECH
Q4 25
$260.0M
Q3 25
Q2 25
$346.0M
Q1 25
$330.0M
Q4 24
$300.0M
Q3 24
$300.0M
Q2 24
$319.0M
Q1 24
$389.0M
Stockholders' Equity
GCT
GCT
TECH
TECH
Q4 25
$2.0B
Q3 25
$457.3M
Q2 25
$431.4M
$1.9B
Q1 25
$412.9M
$2.0B
Q4 24
$405.2M
$2.1B
Q3 24
$400.4M
$2.1B
Q2 24
$358.4M
$2.1B
Q1 24
$317.8M
$2.0B
Total Assets
GCT
GCT
TECH
TECH
Q4 25
$2.5B
Q3 25
$1.1B
Q2 25
$1.1B
$2.6B
Q1 25
$1.1B
$2.6B
Q4 24
$1.1B
$2.7B
Q3 24
$1.1B
$2.7B
Q2 24
$1.1B
$2.7B
Q1 24
$977.6M
$2.7B
Debt / Equity
GCT
GCT
TECH
TECH
Q4 25
0.13×
Q3 25
Q2 25
0.18×
Q1 25
0.16×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GCT
GCT
TECH
TECH
Operating Cash FlowLast quarter
$78.3M
Free Cash FlowOCF − Capex
$77.1M
FCF MarginFCF / Revenue
23.2%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.10×
TTM Free Cash FlowTrailing 4 quarters
$188.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCT
GCT
TECH
TECH
Q4 25
Q3 25
$78.3M
Q2 25
$38.6M
$98.2M
Q1 25
$9.4M
$41.1M
Q4 24
$68.4M
$84.3M
Q3 24
$55.2M
$63.9M
Q2 24
$19.1M
$75.5M
Q1 24
$15.3M
$81.0M
Free Cash Flow
GCT
GCT
TECH
TECH
Q4 25
Q3 25
$77.1M
Q2 25
$37.0M
$93.3M
Q1 25
$7.0M
$31.0M
Q4 24
$66.9M
$77.5M
Q3 24
$51.4M
$54.7M
Q2 24
$12.9M
$57.5M
Q1 24
$11.3M
$64.5M
FCF Margin
GCT
GCT
TECH
TECH
Q4 25
Q3 25
23.2%
Q2 25
11.5%
29.4%
Q1 25
2.6%
9.8%
Q4 24
22.6%
26.1%
Q3 24
16.9%
18.9%
Q2 24
4.2%
18.8%
Q1 24
4.5%
21.3%
Capex Intensity
GCT
GCT
TECH
TECH
Q4 25
Q3 25
0.4%
Q2 25
0.5%
1.5%
Q1 25
0.9%
3.2%
Q4 24
0.5%
2.3%
Q3 24
1.3%
3.2%
Q2 24
2.0%
5.9%
Q1 24
1.6%
5.4%
Cash Conversion
GCT
GCT
TECH
TECH
Q4 25
Q3 25
2.10×
Q2 25
1.12×
Q1 25
0.35×
1.82×
Q4 24
2.21×
2.42×
Q3 24
1.36×
1.90×
Q2 24
0.71×
1.86×
Q1 24
0.56×
1.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GCT
GCT

Services$108.4M33%
Transferred Over Time$89.8M27%
Product Sales To B$50.1M15%
Last Mile Delivery Service$49.2M15%
Warehousing Service$14.2M4%
Ocean Transportation Service$9.0M3%
Platform Commission$4.9M1%
Drayage Service$3.2M1%

TECH
TECH

Diagnostics And Spatial Biology$81.2M27%
EMEA Excluding UK$75.4M25%
Other$42.4M14%
Instruments$29.6M10%
APAC Excluding Greater China$22.7M8%
Services$22.3M8%
GB$13.7M5%
Royalty$8.5M3%

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