GCT
$59.60+0.34%
GigaCloud Technology IncStock · TechnologyRussell 2000 · 0.03% of IWMNasdaq Composite · 0.003% of ONEQRussell 3000 · 0.001% of IWV
GCT financial statements
The full income statement, balance sheet, and cash-flow statement for GigaCloud Technology Inc (GCT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 41.4M2024-09 41.4M2024-12 41.0M2025-03 40.1M2025-06 38.1M2025-09 37.6M2025-12 37.1M2026-03 36.8M2026-06 36.5M-11.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.29B+11.1% | 1.16B+65.0% | 704M+43.6% | 490M+18.3% | 414M+50.4% | |
| Gross profit | 301M+5.4% | 285M+51.2% | 189M+127.0% | 83.1M-7.2% | 89.6M+19.3% | |
| 156M+0.7% | 155M+96.8% | 78.6M+63.3% | 48.1M-4.3% | 50.2M+62.4% | ||
| Research & development | 10.8M+10.6% | 9.79M+149.5% | 3.92M+175.2% | 1.43M | 0.00 | |
| Selling, general & administrative | 46.6M-37.0% | 73.9M+146.4% | 30.0M+32.6% | 22.6M-7.7% | 24.5M+181.2% | |
| General & administrative | 46.6M-37.0% | 73.9M+146.4% | 30.0M+32.6% | 22.6M-7.7% | 24.5M+181.2% | |
| Selling & marketing | 98.2M+38.9% | 70.7M+70.8% | 41.4M+72.2% | 24.0M-6.6% | 25.7M+15.8% | |
| Amortization of intangibles | 1.20M-45.5% | 2.20M+609.7% | 310K | 0.00 | — | |
| Provision for credit losses | 235K-46.2% | 437K+66.2% | 263K+205.8% | 86.0K-1.1% | 87.0K+690.9% | |
| Operating income | 145M+11.0% | 131M+18.7% | 110M+214.3% | 35.0M-11.0% | 39.4M-10.9% | |
| Interest expense | 200K-21.9% | 256K-79.4% | 1.24M+118.3% | 568K+83.8% | 309K+571.7% | |
| Interest & investment income | 11.7M+24.7% | 9.40M+184.7% | 3.30M+600.0% | 472K | — | |
| Other non-operating income | 4.51M+117.2% | 2.08M+170.7% | 767K+12683.3% | 6.00K-96.2% | 156K+178.6% | |
| Pre-tax income | 161M+14.6% | 141M+22.3% | 115M+269.0% | 31.2M-17.4% | 37.7M-16.7% | |
| Income tax | 23.8M+60.9% | 14.8M-29.1% | 20.9M+190.4% | 7.19M-15.1% | 8.47M+8.3% | |
| 137M+9.2% | 126M+33.7% | 94.1M+292.6% | 24.0M-18.1% | 29.3M-21.9% | ||
| Net income to common | — | 126M+33.7% | 94.1M+308.6% | 23.0M-17.0% | 27.8M-25.6% | |
| $3.59+17.7% | $3.05+32.6% | $2.30+283.3% | $0.60-31.8% | $0.88-35.3% | ||
| EPS (basic) | $3.60+17.6% | $3.06+32.5% | $2.31+285.0% | $0.60-31.8% | $0.88-35.3% | |
| Weighted-avg shares (basic) | 38.2M-7.1% | 41.1M+0.7% | 40.8M+67.1% | 24.4M+138.2% | 10.2M+7.9% | |
| Weighted-avg shares (diluted) | 38.2M-7.2% | 41.2M+0.7% | 40.9M+67.6% | 24.4M+138.2% | 10.2M+7.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 691M+26.1% | 548M+39.4% | 393M+52.2% | 258M+49.7% | 172M | ||
| Cash & equivalents | 380M+46.2% | 260M+41.7% | 183M+27.7% | 144M+127.1% | 63.2M+1.6% | |
| Short-term investments | 36.3M-14.9% | 42.7M | 0.00 | — | — | |
| Accounts receivable | 66.0M+15.1% | 57.3M-2.7% | 58.9M+116.9% | 27.1M+50.5% | 18.0M | |
| Inventory | 188M+9.2% | 172M+30.4% | 132M+68.8% | 78.3M-3.8% | 81.4M | |
| Prepaid expenses | 19.5M+33.1% | 14.7M-16.2% | 17.5M+131.5% | 7.57M-16.7% | 9.08M | |
| Other current assets | 2.79M+56.7% | 1.78M-2.0% | 1.82M+73.2% | 1.05M+252.3% | 298K | |
| 1.20B+12.3% | 1.07B+26.4% | 847M+102.3% | 419M+124.1% | 187M | ||
| Property, plant & equipment | — | 29.5M+19.8% | 24.6M+88.6% | 13.1M+17.9% | 11.1M | |
| Operating lease right-of-use | 431M-4.5% | 452M+13.3% | 399M+176.7% | 144M | — | |
| Goodwill | 12.6M+0.0% | 12.6M+0.0% | 12.6M | 0.00 | — | |
| Intangible assets | 4.98M-19.7% | 6.20M-25.9% | 8.37M | 0.00 | 0.00 | |
| Deferred tax assets | 13.0M+29.5% | 10.0M+596.3% | 1.44M+1820.0% | 75.0K+4.2% | 72.0K | |
| Other non-current assets | 17.5M+38.5% | 12.6M+54.7% | 8.17M+156.9% | 3.18M-0.9% | 3.21M | |
| Total non-current assets | 512M-2.1% | 523M+15.1% | 454M+183.0% | 160M+1017.7% | 14.4M | |
| 342M+29.5% | 264M+28.5% | 206M+100.5% | 103M+79.9% | 57.0M | ||
| Accounts payable | 105M+34.9% | 78.2M+12.1% | 69.8M+120.9% | 31.6M+25.6% | 25.1M | |
| Accrued liabilities | 113M+41.4% | 79.6M+38.9% | 57.3M+54.7% | 37.1M+87.9% | 19.7M | |
| Deferred revenue | 6.46M+44.0% | 4.49M-19.0% | 5.54M+176.7% | 2.00M-45.8% | 3.69M | |
| Short-term & current debt | — | — | 0.00-100.0% | 207K-40.0% | 345K | |
| Current lease liability | 100M+13.3% | 88.5M+52.8% | 57.9M+109.6% | 27.7M | — | |
| Finance lease liability (current) | 344K+145.7% | 140K-91.6% | 1.67M-42.9% | 2.92M+24.5% | 2.34M | |
| 717M+7.7% | 665M+19.5% | 556M+149.1% | 223M+266.6% | 60.9M | ||
| Long-term debt | — | — | 0.00 | 0.00-100.0% | 237K | |
| Non-current lease liability | 368M-6.8% | 395M+15.1% | 344M+194.7% | 117M | — | |
| Operating lease liability (total) | 469M-3.1% | 484M+20.5% | 401M+178.4% | 144M | — | |
| Finance lease liability (total) | 1.03M+98.1% | 522K-70.6% | 1.78M-53.0% | 3.78M | — | |
| Finance lease liability | 690K+80.6% | 382K+244.1% | 111K-87.2% | 867K-63.0% | 2.35M | |
| Deferred tax liabilities | 797K-15.3% | 941K-75.2% | 3.79M+704.0% | 472K+65.0% | 286K | |
| Total non-current liabilities | 374M-6.6% | 401M+14.3% | 351M+190.3% | 121M+2996.6% | 3.90M | |
| 486M+19.9% | 405M+39.5% | 290M+48.8% | 195M+96.8% | 99.2M+61.0% | ||
| Common stock | — | — | — | — | 554K | |
| Additional paid-in capital | 88.7M-26.3% | 120M+7.6% | 112M+2.5% | 109M+191.3% | 37.4M | |
| Retained earnings | 401M+34.1% | 299M+68.2% | 178M+112.6% | 83.6M+38.0% | 60.6M | |
| Treasury stock | 7.13M-39.7% | 11.8M+641.3% | 1.59M+590.0% | 231K | — | |
| Accumulated other comprehensive income | 1.53M+136.9% | -4.14M-886.3% | 526K-34.6% | 804K+587.3% | -165K | |
| Total equity incl. non-controlling | — | 405M+39.5% | 290M+48.8% | 195M+96.8% | 99.2M+61.0% | |
| Total liabilities & equity | 1.20B+12.3% | 1.07B+26.4% | 847M+102.3% | 419M+124.1% | 187M | |
| Common shares issued | — | — | — | — | 11.1M+16.7% | |
| Common shares outstanding | — | — | 9.33M | — | 11.1M+16.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 191M+20.6% | 158M+18.5% | 133M+168.8% | 49.7M+480.4% | 8.56M-74.3% | ||
| Depreciation & amortization | 8.33M-2.3% | 8.52M+196.7% | 2.87M+107.3% | 1.39M+78.8% | 775K+241.4% | |
| Intangible amortization | 1.20M-45.5% | 2.20M+609.7% | 310K | 0.00 | — | |
| Share-based compensation | 4.95M-70.6% | 16.8M+572.2% | 2.50M-72.8% | 9.20M-5.0% | 9.68M | |
| Deferred income taxes | -3.10M+72.9% | -11.4M-2974.4% | 398K+117.5% | 183K+39.7% | 131K-78.8% | |
| Change in receivables | 5.76M+2363.7% | 234K-95.4% | 5.06M-44.8% | 9.16M+255.4% | -5.90M-158.3% | |
| Change in inventory | 11.5M-75.4% | 46.9M+183.9% | 16.5M+693.0% | -2.79M-105.9% | 47.1M+240.1% | |
| Change in payables | — | — | 26.0M+293.2% | 6.62M+4.9% | 6.31M+52.4% | |
| Other operating activities | 1.79M+5.4% | 1.70M-46.8% | 3.20M+26.2% | 2.53M | — | |
| -5.09M+90.8% | -55.4M+38.8% | -90.5M-12671.1% | -709K+61.2% | -1.82M-182.1% | ||
| Capital expenditure | 7.87M-49.3% | 15.5M+254.7% | 4.38M+517.8% | 709K-61.2% | 1.82M+179.1% | |
| Free cash flow | 183M+28.2% | 143M+10.4% | 129M+163.7% | 48.9M+627.2% | 6.73M-79.4% | |
| Acquisitions | 0.00 | 0.00-100.0% | 86.6M | 0.00 | 0.00 | |
| Purchases of investments | 94.7M+28.3% | 73.8M | 0.00 | 0.00 | — | |
| Proceeds from sale of PP&E | 191K-90.9% | 2.10M+355.2% | 462K | 0.00 | 0.00-100.0% | |
| -67.8M-171.5% | -25.0M-523.8% | -4.00M-112.6% | 31.9M+1178.7% | -2.96M-112.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 67.4M+190.0% | 23.2M+1358.2% | 1.59M | 0.00 | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | — | -1.41M-844.2% | 190K-50.0% | 380K | — | |
| Net change in cash | 120M+57.4% | 76.3M+95.1% | 39.1M-51.9% | 81.2M+4777.7% | 1.67M-97.1% | |
| Interest paid | — | — | 1.24M+118.3% | 568K+83.8% | 309K+571.7% | |
| Income taxes paid | 23.5M-10.8% | 26.3M+176.5% | 9.51M+11.4% | 8.54M+21.6% | 7.02M+323.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.46B+91.8% | 760M+1.6% | 748M+1085.9% | 63.1M | — | |
| P/E | 10.6×+75.7% | 6.0× | — | 2.2× | — | |
| P/S | 1.1×+72.7% | 0.7× | — | 0.2× | — | |
| P/B | 3.0×+60.0% | 1.9×-36.3% | 2.9×+362.7% | 0.6× | — | |
| P/FCF | 8.0×+49.6% | 5.3× | — | 9.4× | — | |
| Earnings yield | 9.4%-43.1% | 16.6% | — | 46.4% | — | |
| FCF yield | 12.5%-33.2% | 18.8% | — | 10.7% | — | |
| Source filing | 10-K | 10-K | 10-K | 20-F | 10-K |
About this data
Source: GCT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GCT filings on SEC EDGAR → Not investment advice.