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GigaCloud Technology Inc（GCT）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是GigaCloud Technology Inc的2.0倍（$663.0M vs $332.6M），Reddit, Inc.净利率更高（30.8% vs 11.2%，领先19.6%），Reddit, Inc.同比增速更快（69.0% vs 9.7%），Reddit, Inc.自由现金流更多（$311.0M vs $77.1M），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs 36.6%）
GigaCloud Technology Inc是一家美国电商企业，主打家具、家电、健身器材等体积较大、规格不统一商品的B2B交易，旗下拥有线上B2B交易平台，业务覆盖撮合交易、全程物流直至终端配送环节。公司总部位于加利福尼亚州埃尔蒙特，自2022年8月起在纳斯达克挂牌上市。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
GCT vs RDDT — 直观对比
营收规模更大
RDDT
是对方的2.0倍
$332.6M
营收增速更快
RDDT
高出59.3%
9.7%
净利率更高
RDDT
高出19.6%
11.2%
自由现金流更多
RDDT
多$233.9M
$77.1M
两年增速更快
RDDT
近两年复合增速
36.6%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $332.6M | $663.0M |
| 净利润 | $37.2M | $204.0M |
| 毛利率 | 23.2% | 100.0% |
| 营业利润率 | 12.2% | 0.0% |
| 净利率 | 11.2% | 30.8% |
| 营收同比 | 9.7% | 69.0% |
| 净利润同比 | -8.6% | 680.0% |
| 每股收益（稀释后） | $0.99 | $1.01 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GCTRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | — | $725.6M | ||
| Q3 25 | $332.6M | $584.9M | ||
| Q2 25 | $322.6M | $499.6M | ||
| Q1 25 | $271.9M | $392.4M | ||
| Q4 24 | $295.8M | $427.7M | ||
| Q3 24 | $303.3M | $348.4M | ||
| Q2 24 | $310.9M | $281.2M |
净利润GCTRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | — | $251.6M | ||
| Q3 25 | $37.2M | $162.7M | ||
| Q2 25 | $34.6M | $89.3M | ||
| Q1 25 | $27.1M | $26.2M | ||
| Q4 24 | $31.0M | $71.0M | ||
| Q3 24 | $40.7M | $29.9M | ||
| Q2 24 | $27.0M | $-10.1M |
毛利率GCTRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | 23.2% | 91.0% | ||
| Q2 25 | 23.9% | 90.8% | ||
| Q1 25 | 23.4% | 90.5% | ||
| Q4 24 | 22.0% | 92.6% | ||
| Q3 24 | 25.5% | 90.1% | ||
| Q2 24 | 24.6% | 89.5% |
营业利润率GCTRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | — | 31.9% | ||
| Q3 25 | 12.2% | 23.7% | ||
| Q2 25 | 11.1% | 13.6% | ||
| Q1 25 | 10.4% | 1.0% | ||
| Q4 24 | 9.3% | 12.4% | ||
| Q3 24 | 13.4% | 2.0% | ||
| Q2 24 | 8.8% | -11.0% |
净利率GCTRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | — | 34.7% | ||
| Q3 25 | 11.2% | 27.8% | ||
| Q2 25 | 10.7% | 17.9% | ||
| Q1 25 | 10.0% | 6.7% | ||
| Q4 24 | 10.5% | 16.6% | ||
| Q3 24 | 13.4% | 8.6% | ||
| Q2 24 | 8.7% | -3.6% |
每股收益（稀释后）GCTRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | — | $1.24 | ||
| Q3 25 | $0.99 | $0.80 | ||
| Q2 25 | $0.91 | $0.45 | ||
| Q1 25 | $0.68 | $0.13 | ||
| Q4 24 | $0.76 | $4.76 | ||
| Q3 24 | $0.98 | $0.16 | ||
| Q2 24 | $0.65 | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $365.9M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $457.3M | $3.2B |
| 总资产 | $1.1B | $3.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GCTRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $953.6M | ||
| Q3 25 | $365.9M | $911.7M | ||
| Q2 25 | $303.0M | $734.1M | ||
| Q1 25 | $286.8M | $635.7M | ||
| Q4 24 | $302.4M | $562.1M | ||
| Q3 24 | $259.8M | $515.9M | ||
| Q2 24 | $207.8M | $468.0M |
股东权益GCTRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $457.3M | $2.6B | ||
| Q2 25 | $431.4M | $2.4B | ||
| Q1 25 | $412.9M | $2.2B | ||
| Q4 24 | $405.2M | $2.1B | ||
| Q3 24 | $400.4M | $2.0B | ||
| Q2 24 | $358.4M | $1.9B |
总资产GCTRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | $1.1B | $2.9B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.1B | $2.4B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.1B | $2.1B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $78.3M | — |
| 自由现金流经营现金流 - 资本支出 | $77.1M | $311.0M |
| 自由现金流率自由现金流/营收 | 23.2% | 46.9% |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 2.10× | — |
| 过去12个月自由现金流最近4个季度 | $188.1M | $868.6M |
8季度趋势，按日历期对齐
经营现金流GCTRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | $266.8M | ||
| Q3 25 | $78.3M | $185.2M | ||
| Q2 25 | $38.6M | $111.3M | ||
| Q1 25 | $9.4M | $127.6M | ||
| Q4 24 | $68.4M | $90.0M | ||
| Q3 24 | $55.2M | $71.6M | ||
| Q2 24 | $19.1M | $28.4M |
自由现金流GCTRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | — | $263.6M | ||
| Q3 25 | $77.1M | $183.1M | ||
| Q2 25 | $37.0M | $110.8M | ||
| Q1 25 | $7.0M | $126.6M | ||
| Q4 24 | $66.9M | $89.2M | ||
| Q3 24 | $51.4M | $70.3M | ||
| Q2 24 | $12.9M | $27.2M |
自由现金流率GCTRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | — | 36.3% | ||
| Q3 25 | 23.2% | 31.3% | ||
| Q2 25 | 11.5% | 22.2% | ||
| Q1 25 | 2.6% | 32.3% | ||
| Q4 24 | 22.6% | 20.8% | ||
| Q3 24 | 16.9% | 20.2% | ||
| Q2 24 | 4.2% | 9.7% |
资本支出强度GCTRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | 0.4% | 0.4% | ||
| Q2 25 | 0.5% | 0.1% | ||
| Q1 25 | 0.9% | 0.2% | ||
| Q4 24 | 0.5% | 0.2% | ||
| Q3 24 | 1.3% | 0.4% | ||
| Q2 24 | 2.0% | 0.4% |
现金转化率GCTRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | 2.10× | 1.14× | ||
| Q2 25 | 1.12× | 1.25× | ||
| Q1 25 | 0.35× | 4.88× | ||
| Q4 24 | 2.21× | 1.27× | ||
| Q3 24 | 1.36× | 2.40× | ||
| Q2 24 | 0.71× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GCT
| Services | $108.4M | 33% |
| Transferred Over Time | $89.8M | 27% |
| Product Sales To B | $50.1M | 15% |
| Last Mile Delivery Service | $49.2M | 15% |
| Warehousing Service | $14.2M | 4% |
| Ocean Transportation Service | $9.0M | 3% |
| Platform Commission | $4.9M | 1% |
| Drayage Service | $3.2M | 1% |
RDDT
暂无分部数据
