Gigacloud Technology Inc income statement
In fiscal 2025, Gigacloud Technology Inc reported revenue of $1.29bn, up 11.1% on the year before, operating income of $145m (a 11.2% margin) and net income of $137m, or $3.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 275 | 414 | 490 | 704 | 1,161 | 1,290 | 1,467 |
| Gross profit | 75 | 90 | 83 | 189 | 285 | 301 | 351 |
| Research and development | 0 | 0 | 1 | 4 | 10 | 11 | 10 |
| Selling and marketing | 22 | 26 | 24 | 41 | 71 | 98 | 122 |
| General and administrative | 9 | 25 | 23 | 30 | 74 | 47 | 48 |
| Operating income | 44 | 39 | 35 | 110 | 131 | 145 | 171 |
| Interest expense | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
| Income before tax | 45 | 38 | 31 | 115 | 141 | 161 | 184 |
| Income tax | 8 | 8 | 7 | 21 | 15 | 24 | 27 |
| Net income | 37 | 29 | 24 | 94 | 126 | 137 | 156 |
| Diluted EPS | $1.36 | $0.88 | $0.60 | $2.30 | $3.05 | $3.59 | $4.22 |
| Diluted shares (average) | 9m | 10m | 24m | 41m | 41m | 38m | 37m |
| EBITDA | 44 | 40 | 36 | 113 | 139 | 153 | 179 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 303 | 296 | 272 | 323 | 333 | 363 | 359 | 412 |
| Gross profit | 77 | 65 | 64 | 77 | 77 | 83 | 86 | 106 |
| Research and development | 3 | 2 | 2 | 3 | 3 | 3 | 2 | 3 |
| Selling and marketing | 19 | 18 | 19 | 25 | 25 | 29 | 31 | 36 |
| General and administrative | 15 | 17 | 14 | 13 | 9 | 11 | 10 | 19 |
| Operating income | 41 | 28 | 28 | 36 | 41 | 40 | 42 | 48 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 48 | 30 | 33 | 41 | 44 | 44 | 46 | 50 |
| Income tax | 7 | −1 | 5 | 6 | 7 | 5 | 8 | 8 |
| Net income | 41 | 31 | 27 | 35 | 37 | 38 | 38 | 42 |
| Diluted EPS | $0.98 | $0.75 | $0.68 | $0.91 | $0.99 | $1.03 | $1.04 | $1.16 |
| EBITDA | 43 | 30 | 30 | 38 | 43 | 42 | 45 | 50 |
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