GCT Semiconductor Holding, Inc. income statement
In fiscal 2025, GCT Semiconductor Holding, Inc. reported revenue of $2.9m, down 68.6% on the year before, operating income of −$36.5m (a -1274.9% margin) and net income of −$43.4m, or −$0.82 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 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 16 | 9 | 3 | 4 |
| Cost of revenue | 9 | 4 | 5 | 6 |
| Gross profit | 7 | 5 | −2 | −2 |
| Research and development | 11 | 17 | 14 | 13 |
| Selling and marketing | 3 | 4 | 4 | 4 |
| General and administrative | 7 | 11 | 16 | 16 |
| Operating income | −15 | −13 | −37 | −35 |
| Interest expense | 6 | 4 | 6 | 6 |
| Income before tax | −22 | −12 | −42 | −52 |
| Income tax | 1 | 0 | 1 | 1 |
| Net income | −22 | −12 | −43 | −53 |
| Diluted EPS | −$0.94 | −$0.30 | −$0.82 | −$0.81 |
| Diluted shares (average) | 24m | 41m | 53m | 65m |
| EBITDA | −13 | −12 | −36 | −34 |
| 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 | 3 | 2 | 0 | 1 | 0 | 1 | 2 | 1 |
| Cost of revenue | 1 | 1 | 0 | 1 | 1 | 2 | 1 | 1 |
| Gross profit | 2 | 1 | 0 | 0 | −1 | −1 | 1 | −0 |
| Research and development | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 |
| Selling and marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 2 | 3 | 3 | 3 | 4 | 7 | 3 | 3 |
| Operating income | −6 | −7 | −8 | −8 | −9 | −12 | −6 | −7 |
| Interest expense | 1 | 0 | 1 | 2 | 2 | 2 | 2 | 1 |
| Income before tax | −7 | −5 | −7 | −13 | −14 | −8 | −10 | −20 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net income | −7 | −5 | −7 | −14 | −14 | −9 | −10 | −20 |
| Diluted EPS | −$0.16 | −$0.11 | −$0.15 | −$0.26 | −$0.25 | −$0.15 | −$0.15 | −$0.25 |
| EBITDA | −6 | −7 | −8 | −7 | −9 | −12 | −6 | −7 |
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