GigaCloud Technology (GCT) Financials

$44.99 +2.85 (+6.76%)

Closing price 04:00 PM Eastern

Extended Trading

$46.05 +1.06 (+2.35%)

As of 07:57 PM Eastern

Annual Income Statements for GigaCloud Technology

This table shows GigaCloud Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	37	28	23	94	125	137
Consolidated Net Income / (Loss)	37	29	24	94	126	137
Net Income / (Loss) Continuing Operations	37	29	24	94	126	137
Total Pre-Tax Income	45	38	31	115	141	161
Total Operating Income	44	39	35	110	131	145
Total Gross Profit	75	90	83	189	285	301
Total Revenue	275	414	490	704	1,161	1,290
Operating Revenue	275	414	490	704	1,161	1,290
Total Cost of Revenue	200	325	407	515	876	989
Operating Cost of Revenue	200	325	407	515	876	989
Total Operating Expenses	31	50	48	79	155	156
Selling, General & Admin Expense	8.72	25	23	30	74	47
Marketing Expense	22	26	24	41	71	98
Research & Development Expense	0.00	0.00	1.43	3.93	9.79	11
Other Special Charges / (Income)	-	0.00	0.00	3.24	0.19	0.10
Total Other Income / (Expense), net	1.09	-1.63	-3.86	4.92	9.99	16
Interest Expense	0.05	0.31	0.57	1.24	0.26	0.20
Interest & Investment Income	0.06	0.54	0.47	3.30	9.41	12
Other Income / (Expense), net	1.08	-1.86	-3.76	2.85	0.84	4.69
Income Tax Expense	7.82	8.47	7.19	21	15	24
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	0.00	0.00	0.84	0.00
Basic Earnings per Share	$1.36	$0.88	$0.60	$2.31	$3.06	$3.60
Weighted Average Basic Shares Outstanding	9.50M	10.25M	24.41M	40.79M	41.08M	38.16M
Diluted Earnings per Share	$1.36	$0.88	$0.60	$2.30	$3.05	$3.59
Weighted Average Diluted Shares Outstanding	9.50M	10.25M	24.41M	40.92M	41.20M	38.23M
Weighted Average Basic & Diluted Shares Outstanding	-	-	40.68M	81.59M	80.13M	73.24M

This table shows GigaCloud Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	18	24	36	27	27	41	31	27	35	37	38
Consolidated Net Income / (Loss)	18	24	36	27	27	41	31	27	35	37	38
Net Income / (Loss) Continuing Operations	18	24	36	27	27	41	31	27	35	37	38
Total Pre-Tax Income	23	30	43	33	29	48	30	33	41	44	44
Total Operating Income	23	32	37	35	27	41	28	28	36	41	40
Total Gross Profit	40	49	70	67	76	77	65	64	77	77	83
Total Revenue	153	178	245	251	311	303	296	272	323	333	363
Operating Revenue	153	178	245	251	311	303	296	272	323	333	363
Total Cost of Revenue	113	129	175	185	234	226	231	208	246	256	280
Operating Cost of Revenue	113	129	175	185	234	226	231	208	246	256	280
Total Operating Expenses	17	17	33	32	49	37	37	35	41	37	43
Selling, General & Admin Expense	6.90	5.83	13	15	26	15	17	14	13	8.51	11
Marketing Expense	9.54	11	14	15	19	19	18	19	25	25	29
Research & Development Expense	0.53	0.38	2.34	1.76	3.10	2.58	2.36	2.49	3.18	2.53	2.62
Other Special Charges / (Income)	0.00	0.00	3.24	0.01	0.16	0.05	-0.02	0.01	0.11	0.01	-0.03
Total Other Income / (Expense), net	-0.74	-1.91	5.73	-1.50	1.59	7.15	2.75	4.18	5.11	3.09	3.83
Interest Expense	0.80	0.22	0.11	0.08	0.06	0.09	0.03	0.02	0.03	0.07	0.07
Interest & Investment Income	0.48	0.94	1.29	1.61	2.24	2.70	2.85	2.62	2.81	3.12	3.17
Other Income / (Expense), net	-0.42	-2.63	4.54	-3.03	-0.60	4.54	-0.07	1.58	2.33	0.04	0.73
Income Tax Expense	4.27	5.59	7.27	6.13	2.07	7.19	-0.57	5.36	6.40	6.86	5.20
Basic Earnings per Share	$0.45	$0.59	$0.88	$0.67	$0.65	$0.98	$0.76	$0.68	$0.91	$0.99	$1.02
Weighted Average Basic Shares Outstanding	40.90M	40.77M	40.79M	40.79M	41.30M	41.36M	41.08M	40.02M	38.07M	37.54M	38.16M
Diluted Earnings per Share	$0.45	$0.59	$0.87	$0.66	$0.65	$0.98	$0.76	$0.68	$0.91	$0.99	$1.01
Weighted Average Diluted Shares Outstanding	40.94M	40.88M	40.92M	40.95M	41.41M	41.40M	41.20M	40.14M	38.11M	37.61M	38.23M
Weighted Average Basic & Diluted Shares Outstanding	-	-	81.59M	81.98M	82.73M	81.94M	80.13M	76.14M	75.33M	74.11M	73.24M

This table details how cash moves in and out of GigaCloud Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	57	1.67	81	39	76	120
Net Cash From Operating Activities	33	8.56	50	133	158	191
Net Cash From Continuing Operating Activities	33	8.56	50	133	158	191
Net Income / (Loss) Continuing Operations	37	29	24	94	126	137
Consolidated Net Income / (Loss)	37	29	24	94	126	137
Depreciation Expense	0.23	0.78	1.39	2.87	8.52	8.33
Non-Cash Adjustments To Reconcile Net Income	-0.92	13	9.90	2.50	17	12
Changes in Operating Assets and Liabilities, net	-3.48	-35	14	31	-22	33
Net Cash From Investing Activities	-0.65	-1.83	-0.71	-91	-55	-5.09
Net Cash From Continuing Investing Activities	-0.65	-1.83	-0.71	-91	-55	-5.09
Purchase of Property, Plant & Equipment	-0.65	-1.83	-0.71	-4.38	-16	-7.87
Acquisitions	-	0.00	0.00	-87	0.00	0.00
Purchase of Investments	-	-	0.00	0.00	-74	-95
Sale of Property, Plant & Equipment	0.01	0.00	0.00	0.46	2.10	0.19
Sale and/or Maturity of Investments	-	-	0.00	0.00	32	98
Other Investing Activities, net	-	-	-	-	-	-1.00
Net Cash From Financing Activities	23	-2.96	32	-4.00	-25	-68
Net Cash From Continuing Financing Activities	23	-2.96	32	-4.00	-25	-68
Repayment of Debt	-0.19	-0.43	-3.94	-0.20	0.00	-0.38
Repurchase of Common Equity	-2.44	0.00	0.00	-1.59	-23	-67
Effect of Exchange Rate Changes	0.74	-2.11	0.38	0.19	-1.41	2.31
Cash Interest Paid	0.05	0.31	0.57	-	-	0.20
Cash Income Taxes Paid	1.66	7.02	8.54	9.51	26	23

This table details how cash moves in and out of GigaCloud Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	18	32	-31	1.94	0.42	32	42	-8.04	-12	95	45
Net Cash From Operating Activities	18	44	51	15	19	55	68	9.43	39	78	64
Net Cash From Continuing Operating Activities	18	44	51	15	19	55	69	9.43	39	78	64
Net Income / (Loss) Continuing Operations	18	24	36	27	27	41	31	27	35	37	38
Consolidated Net Income / (Loss)	18	24	36	27	27	41	31	27	35	37	38
Depreciation Expense	0.38	0.39	1.72	2.08	2.06	2.11	2.27	2.05	2.14	2.12	2.03
Non-Cash Adjustments To Reconcile Net Income	2.74	0.58	1.69	0.28	17	-8.72	37	1.23	3.03	0.35	7.46
Changes in Operating Assets and Liabilities, net	-3.64	18	13	-23	-37	15	24	-22	-3.01	38	20
Net Cash From Investing Activities	-0.02	-9.16	-81	-12	-18	-24	-1.38	4.63	-29	28	-8.65
Net Cash From Continuing Investing Activities	-0.02	-9.16	-81	-12	-18	-24	-1.38	4.63	-29	28	-8.65
Purchase of Property, Plant & Equipment	-0.02	-0.67	-3.56	-3.99	-6.20	-3.84	-1.50	-2.40	-1.58	-1.19	-2.71
Purchase of Investments	-	-8.50	8.50	-10	-12	-32	-20	-25	-42	-17	-10
Sale of Property, Plant & Equipment	-	0.00	0.46	1.53	0.11	0.06	0.40	0.03	0.08	0.02	0.06
Sale and/or Maturity of Investments	-	-	-	0.00	-	-	20	32	15	46	5.00
Net Cash From Financing Activities	-0.14	-2.38	-0.57	-0.60	-0.55	-0.44	-23	-23	-23	-11	-10
Net Cash From Continuing Financing Activities	-0.14	-2.38	-0.57	-0.60	-0.55	-0.44	-23	-23	-23	-11	-10
Repayment of Debt	-0.07	-0.05	-0.01	-	-	-	-1.73	-	-	-11	57
Effect of Exchange Rate Changes	0.06	-0.05	0.34	-0.31	-0.20	0.64	-1.54	0.67	2.04	0.20	-0.61
Cash Income Taxes Paid	7.52	0.38	1.41	1.60	15	2.33	7.41	0.55	19	2.22	1.40

This table presents GigaCloud Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	187	419	847	1,070	1,202
Total Current Assets	172	258	393	548	691
Cash & Equivalents	63	144	183	260	380
Restricted Cash	0.66	1.55	0.89	0.69	0.76
Short-Term Investments	-	-	0.00	43	36
Accounts Receivable	18	27	59	57	66
Inventories, net	81	78	132	172	188
Prepaid Expenses	9.08	7.57	18	15	20
Plant, Property, & Equipment, net	11	13	25	29	32
Total Noncurrent Assets	3.28	147	429	493	480
Goodwill	-	0.00	13	13	13
Intangible Assets	-	0.00	8.37	6.20	4.98
Noncurrent Deferred & Refundable Income Taxes	0.07	0.08	1.44	10	13
Other Noncurrent Operating Assets	3.21	147	407	465	449
Total Liabilities & Shareholders' Equity	187	419	847	1,070	1,202
Total Liabilities	61	223	556	665	717
Total Current Liabilities	57	103	206	264	342
Accounts Payable	25	32	70	78	105
Accrued Expenses	20	37	57	80	113
Current Deferred Revenue	3.69	2.00	5.54	4.49	6.46
Current Deferred & Payable Income Tax Liabilities	8.15	4.14	15	14	18
Other Current Liabilities	0.00	28	58	89	100
Total Noncurrent Liabilities	3.90	121	351	401	374
Noncurrent Deferred Revenue	1.03	2.89	3.30	4.32	4.60
Noncurrent Deferred & Payable Income Tax Liabilities	0.29	0.47	3.80	0.94	0.80
Other Noncurrent Operating Liabilities	0.00	117	344	396	369
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	99	195	290	405	486
Total Preferred & Common Equity	99	195	290	405	486
Total Common Equity	98	195	290	405	486
Common Stock	38	111	114	122	91
Retained Earnings	61	84	178	299	401
Treasury Stock	0.00	-0.23	-1.59	-12	-7.13
Accumulated Other Comprehensive Income / (Loss)	-0.17	0.80	0.53	-4.14	1.53

This table presents GigaCloud Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	978	1,055	1,073	1,091	1,083	1,124
Total Current Assets	461	493	528	579	577	622
Cash & Equivalents	185	186	218	252	240	335
Restricted Cash	0.89	0.91	0.75	0.70	0.69	0.70
Short-Term Investments	10	22	42	35	63	31
Accounts Receivable	59	70	63	67	69	60
Inventories, net	186	198	183	205	187	176
Prepaid Expenses	19	17	21	20	17	19
Plant, Property, & Equipment, net	23	23	29	33	34	33
Total Noncurrent Assets	494	539	517	479	472	469
Goodwill	13	13	13	13	13	13
Intangible Assets	7.82	7.28	6.74	5.89	5.59	5.28
Noncurrent Deferred & Refundable Income Taxes	3.36	7.85	8.33	11	11	11
Other Noncurrent Operating Assets	470	511	489	449	442	440
Total Liabilities & Shareholders' Equity	978	1,055	1,073	1,091	1,083	1,124
Total Liabilities	660	697	673	678	651	667
Total Current Liabilities	252	249	247	292	274	300
Accounts Payable	87	80	67	88	74	79
Accrued Expenses	67	72	70	88	91	103
Current Deferred Revenue	7.55	6.50	5.33	5.67	5.98	5.23
Current Deferred & Payable Income Tax Liabilities	21	14	21	20	6.79	12
Other Current Liabilities	69	76	85	91	96	100
Total Noncurrent Liabilities	408	448	426	386	377	367
Noncurrent Deferred Revenue	3.36	3.47	3.53	4.49	4.67	4.65
Noncurrent Deferred & Payable Income Tax Liabilities	3.68	3.34	2.71	0.76	0.69	0.73
Other Noncurrent Operating Liabilities	401	441	419	381	372	362
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	318	358	400	413	431	457
Total Preferred & Common Equity	318	358	400	413	431	457
Total Common Equity	318	358	400	413	430	457
Common Stock	114	128	129	124	95	97
Retained Earnings	205	232	273	326	340	378
Treasury Stock	-1.59	-1.59	-1.59	-35	-7.30	-19
Accumulated Other Comprehensive Income / (Loss)	0.41	0.15	-0.01	-2.10	2.17	1.86

This table displays calculated financial ratios and metrics derived from GigaCloud Technology's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	50.36%	18.32%	43.62%	64.96%	11.10%
EBITDA Growth	0.00%	-15.87%	-14.70%	254.73%	20.88%	-6.66%
EBIT Growth	0.00%	-17.16%	-16.63%	261.26%	16.41%	13.84%
NOPAT Growth	0.00%	-16.50%	-11.73%	234.38%	29.73%	5.72%
Net Income Growth	0.00%	-21.89%	-18.06%	292.57%	33.68%	9.19%
EPS Growth	0.00%	-35.29%	-31.82%	283.33%	32.61%	17.70%
Operating Cash Flow Growth	0.00%	-74.29%	480.36%	168.75%	18.45%	20.61%
Free Cash Flow Firm Growth	0.00%	0.00%	218.32%	-14.23%	246.10%	29.38%
Invested Capital Growth	0.00%	0.00%	-21.16%	107.88%	-3.65%	-32.47%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	4.60%	5.48%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-22.18%	9.12%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-9.68%	9.88%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-2.10%	6.35%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-3.54%	5.81%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-3.48%	7.49%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	12.60%	-2.08%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-5.20%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-26.74%	-24.03%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	27.27%	21.63%	16.96%	26.80%	24.57%	23.31%
EBITDA Margin	16.51%	9.24%	6.66%	16.45%	12.06%	12.25%
Operating Margin	16.04%	9.50%	7.15%	15.64%	11.25%	11.24%
EBIT Margin	16.43%	9.05%	6.38%	16.05%	11.32%	11.60%
Profit (Net Income) Margin	13.60%	7.06%	4.89%	13.37%	10.84%	10.65%
Tax Burden Percent	82.73%	77.55%	76.92%	81.84%	89.47%	85.22%
Interest Burden Percent	100.03%	100.61%	99.69%	101.83%	106.96%	107.70%
Effective Tax Rate	17.27%	22.45%	23.08%	18.16%	10.53%	14.78%
Return on Invested Capital (ROIC)	0.00%	94.06%	46.43%	114.38%	111.92%	144.47%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	98.20%	49.32%	111.92%	108.25%	140.63%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-47.55%	-31.49%	-75.62%	-75.75%	-113.64%
Return on Equity (ROE)	0.00%	46.50%	14.94%	38.76%	36.17%	30.83%
Cash Return on Invested Capital (CROIC)	0.00%	-105.94%	70.09%	44.30%	115.64%	183.24%
Operating Return on Assets (OROA)	0.00%	20.08%	10.33%	17.85%	13.71%	13.17%
Return on Assets (ROA)	0.00%	15.66%	7.92%	14.87%	13.12%	12.09%
Return on Common Equity (ROCE)	0.00%	36.33%	13.66%	38.76%	36.17%	30.83%
Return on Equity Simple (ROE_SIMPLE)	0.00%	29.50%	12.28%	32.40%	31.05%	0.00%
Net Operating Profit after Tax (NOPAT)	37	31	27	90	117	124
NOPAT Margin	13.27%	7.37%	5.50%	12.80%	10.07%	9.58%
Net Nonoperating Expense Percent (NNEP)	0.00%	-4.14%	-2.90%	2.45%	3.67%	3.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	13.73%	31.01%	28.81%	25.43%
Cost of Revenue to Revenue	72.73%	78.37%	83.04%	73.20%	75.43%	76.69%
SG&A Expenses to Revenue	3.16%	5.92%	4.62%	4.26%	6.37%	3.61%
R&D to Revenue	0.00%	0.00%	0.29%	0.56%	0.84%	0.84%
Operating Expenses to Revenue	11.23%	12.13%	9.81%	11.16%	13.32%	12.07%
Earnings before Interest and Taxes (EBIT)	45	37	31	113	131	150
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	38	33	116	140	158
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.37	0.09	2.56	3.75	5.99
Price to Tangible Book Value (P/TBV)	0.00	0.37	0.09	2.76	3.93	6.22
Price to Revenue (P/Rev)	0.13	0.09	0.03	1.06	1.31	2.26
Price to Earnings (P/E)	0.97	1.30	0.73	7.91	12.06	21.19
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	103.58%	77.07%	137.67%	12.64%	8.29%	4.72%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.04	0.00	5.27	11.85	36.18
Enterprise Value to Revenue (EV/Rev)	0.00	0.01	0.00	0.80	1.05	1.93
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.07	0.00	4.84	8.68	15.79
Enterprise Value to EBIT (EV/EBIT)	0.00	0.07	0.00	4.96	9.24	16.67
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.09	0.00	6.22	10.40	20.19
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.30	0.00	4.20	7.69	13.08
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	16.06	10.06	15.92
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.02	0.01	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.02	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-0.48	-0.64	-0.68	-0.70	-0.81
Leverage Ratio	0.00	1.48	1.89	2.61	2.76	2.55
Compound Leverage Factor	0.00	1.49	1.88	2.65	2.95	2.75
Debt to Total Capital	0.00%	2.27%	0.55%	0.04%	0.09%	0.00%
Short-Term Debt to Total Capital	0.00%	0.27%	0.11%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	2.01%	0.44%	0.04%	0.09%	0.00%
Preferred Equity to Total Capital	0.00%	0.68%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	20.70%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	76.35%	99.45%	99.96%	99.91%	100.00%
Debt to EBITDA	0.00	0.08	0.03	0.00	0.00	0.00
Net Debt to EBITDA	0.00	-1.59	-4.41	-1.59	-2.16	0.00
Long-Term Debt to EBITDA	0.00	0.07	0.03	0.00	0.00	0.00
Debt to NOPAT	0.00	0.10	0.04	0.00	0.00	0.00
Net Debt to NOPAT	0.00	-2.00	-5.35	-2.04	-2.59	0.00
Long-Term Debt to NOPAT	0.00	0.08	0.03	0.00	0.00	0.00
Altman Z-Score	0.00	4.43	2.19	2.63	3.57	4.74
Noncontrolling Interest Sharing Ratio	0.00%	21.87%	8.57%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.00	3.02	2.51	1.91	2.07	2.02
Quick Ratio	0.00	1.42	1.66	1.18	1.36	1.41
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-34	41	35	121	157
Operating Cash Flow to CapEx	5,144.36%	468.82%	7,003.67%	3,406.13%	1,176.79%	2,481.91%
Free Cash Flow to Firm to Interest Expense	0.00	-111.25	71.61	28.14	471.66	783.55
Operating Cash Flow to Interest Expense	723.57	27.69	87.42	107.62	617.49	953.30
Operating Cash Flow Less CapEx to Interest Expense	709.50	21.78	86.17	104.46	565.02	914.89
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	2.22	1.62	1.11	1.21	1.14
Accounts Receivable Turnover	0.00	22.97	21.70	16.36	19.99	20.93
Inventory Turnover	0.00	3.99	5.09	4.89	5.75	5.48
Fixed Asset Turnover	0.00	37.40	40.62	37.37	42.91	41.76
Accounts Payable Turnover	0.00	12.91	14.35	10.17	11.84	10.78
Days Sales Outstanding (DSO)	0.00	15.89	16.82	22.30	18.26	17.44
Days Inventory Outstanding (DIO)	0.00	91.58	71.65	74.60	63.50	66.56
Days Payable Outstanding (DPO)	0.00	28.27	25.43	35.89	30.82	33.87
Cash Conversion Cycle (CCC)	0.00	79.20	63.04	61.01	50.94	50.14
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	0.00	65	51	106	102	69
Invested Capital Turnover	0.00	12.76	8.45	8.94	11.12	15.08
Increase / (Decrease) in Invested Capital	0.00	65	-14	55	-3.88	-33
Enterprise Value (EV)	0.00	2.60	-127	560	1,215	2,494
Market Capitalization	36	36	17	744	1,518	2,911
Book Value per Share	$0.00	$9.59	$7.99	$7.14	$4.95	$6.55
Tangible Book Value per Share	$0.00	$9.59	$7.99	$6.62	$4.72	$6.32
Total Capital	0.00	129	196	291	406	486
Total Debt	0.00	2.93	1.07	0.11	0.38	0.00
Total Long-Term Debt	0.00	2.58	0.87	0.11	0.38	0.00
Net Debt	0.00	-61	-144	-184	-303	-417
Capital Expenditures (CapEx)	0.65	1.83	0.71	3.92	13	7.68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	52	11	2.87	-20	-68
Debt-free Net Working Capital (DFNWC)	0.00	116	156	187	283	348
Net Working Capital (NWC)	0.00	115	155	187	283	348
Net Nonoperating Expense (NNE)	-0.90	1.26	2.97	-4.02	-8.94	-14
Net Nonoperating Obligations (NNO)	0.00	-61	-144	-184	-303	-417
Total Depreciation and Amortization (D&A)	0.23	0.78	1.39	2.87	8.52	8.33
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	12.52%	2.17%	0.41%	-1.71%	-5.31%
Debt-free Net Working Capital to Revenue	0.00%	27.94%	31.77%	26.57%	24.39%	27.01%
Net Working Capital to Revenue	0.00%	27.86%	31.73%	26.57%	24.39%	27.01%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.60	$2.31	$3.06	$3.60
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	24.41M	40.79M	41.08M	38.16M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.60	$2.30	$3.05	$3.59
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	24.41M	40.92M	41.20M	38.23M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	40.68M	81.59M	80.13M	73.24M
Normalized Net Operating Profit after Tax (NOPAT)	37	31	27	93	117	124
Normalized NOPAT Margin	13.27%	7.37%	5.50%	13.18%	10.08%	9.58%
Pre Tax Income Margin	16.44%	9.11%	6.36%	16.34%	12.11%	12.50%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	983.98	121.35	55.04	91.07	513.54	748.31
NOPAT to Interest Expense	794.62	98.77	47.43	72.65	456.52	617.77
EBIT Less CapEx to Interest Expense	969.91	115.44	53.79	87.91	461.06	709.90
NOPAT Less CapEx to Interest Expense	780.55	92.86	46.18	69.49	404.04	579.36
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	6.50%	0.00%	0.00%	1.69%	18.48%	49.07%

This table displays calculated financial ratios and metrics derived from GigaCloud Technology's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	96.47%	103.01%	70.24%	20.86%	8.30%	3.78%	9.67%	22.64%
EBITDA Growth	0.00%	0.00%	0.00%	112.86%	64.47%	79.01%	-31.23%	-22.49%	7.89%	-19.25%	26.90%
EBIT Growth	0.00%	0.00%	0.00%	65.41%	16.84%	55.69%	-33.84%	-5.93%	42.17%	-10.37%	48.80%
NOPAT Growth	0.00%	0.00%	0.00%	96.64%	34.25%	34.39%	-8.65%	-16.76%	18.61%	-1.15%	26.07%
Net Income Growth	0.00%	0.00%	0.00%	70.60%	46.65%	68.11%	-12.98%	-0.18%	28.12%	-8.63%	24.35%
EPS Growth	0.00%	0.00%	0.00%	69.23%	44.44%	66.10%	-12.64%	3.03%	40.00%	1.02%	32.89%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	-24.76%	4.44%	25.32%	34.87%	-38.38%	102.06%	41.65%	-5.92%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	121.16%	141.99%	179.17%	111.79%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-3.65%	3.21%	-14.64%	-35.13%	-32.47%
Revenue Q/Q Growth	19.82%	16.35%	37.36%	0.00%	23.81%	-2.43%	-2.48%	-8.07%	18.65%	3.11%	9.05%
EBITDA Q/Q Growth	18.65%	25.73%	45.05%	0.00%	-8.32%	36.85%	-44.27%	10.87%	27.61%	2.42%	-0.43%
EBIT Q/Q Growth	19.56%	26.50%	43.32%	0.00%	-15.55%	68.56%	-39.09%	8.49%	27.64%	6.26%	1.12%
NOPAT Q/Q Growth	31.42%	35.60%	19.69%	0.00%	-10.28%	35.74%	-18.65%	-15.99%	27.85%	13.13%	3.76%
Net Income Q/Q Growth	15.36%	31.60%	46.99%	0.00%	-0.83%	50.86%	-23.91%	-12.32%	27.28%	7.59%	3.56%
EPS Q/Q Growth	15.38%	31.11%	47.46%	0.00%	-1.52%	50.77%	-22.45%	-10.53%	33.82%	8.79%	2.02%
Operating Cash Flow Q/Q Growth	-10.08%	140.95%	15.08%	0.00%	24.82%	189.11%	23.85%	-86.21%	309.30%	102.67%	-17.74%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-33.12%	15.23%	130.43%	-38.37%	164.15%	59.83%	-17.63%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	22.98%	-6.55%	-26.74%	22.59%	1.72%	-28.98%	-24.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.36%	27.42%	28.54%	26.51%	24.59%	25.47%	21.97%	23.44%	23.85%	23.16%	22.87%
EBITDA Margin	15.54%	16.79%	17.73%	17.00%	12.59%	17.65%	10.09%	12.17%	13.09%	13.00%	11.87%
Operating Margin	15.28%	17.79%	15.17%	13.87%	8.83%	13.43%	9.34%	10.42%	11.11%	12.18%	11.11%
EBIT Margin	15.01%	16.32%	17.02%	12.66%	8.64%	14.92%	9.32%	11.00%	11.83%	12.19%	11.31%
Profit (Net Income) Margin	12.01%	13.58%	14.54%	10.83%	8.68%	13.41%	10.47%	9.98%	10.71%	11.18%	10.61%
Tax Burden Percent	81.16%	81.24%	83.03%	81.62%	92.89%	84.98%	101.89%	83.51%	84.37%	84.43%	88.10%
Interest Burden Percent	98.61%	102.48%	102.84%	104.81%	108.14%	105.78%	110.23%	108.69%	107.29%	108.55%	106.53%
Effective Tax Rate	18.84%	18.76%	16.97%	18.38%	7.11%	15.02%	-1.89%	16.49%	15.63%	15.57%	11.90%
Return on Invested Capital (ROIC)	0.00%	0.00%	83.34%	153.82%	107.92%	181.07%	105.84%	83.13%	80.64%	109.06%	147.59%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	80.76%	155.06%	106.51%	176.40%	104.69%	81.69%	78.96%	108.12%	146.75%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-51.18%	-95.67%	-62.02%	-114.77%	-73.26%	-54.03%	-51.22%	-79.04%	-118.58%
Return on Equity (ROE)	0.00%	0.00%	32.16%	58.15%	45.89%	66.30%	32.58%	29.10%	29.42%	30.02%	29.01%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	32.80%	0.00%	0.00%	0.00%	115.64%	87.13%	99.74%	143.35%	183.24%
Operating Return on Assets (OROA)	0.00%	0.00%	18.94%	10.71%	8.06%	15.43%	11.29%	12.57%	13.21%	13.57%	12.83%
Return on Assets (ROA)	0.00%	0.00%	16.17%	9.16%	8.10%	13.87%	12.68%	11.41%	11.96%	12.44%	12.05%
Return on Common Equity (ROCE)	0.00%	0.00%	32.16%	58.15%	45.89%	66.30%	32.58%	29.10%	29.37%	30.02%	29.01%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	33.16%	31.79%	32.57%	0.00%	30.46%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	19	26	31	28	25	35	28	24	30	34	35
NOPAT Margin	12.40%	14.45%	12.59%	11.32%	8.20%	11.41%	9.52%	8.70%	9.37%	10.28%	9.79%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	2.58%	-1.25%	1.41%	4.67%	1.15%	1.45%	1.68%	0.95%	0.83%
Return On Investment Capital (ROIC_SIMPLE)	-	-	10.61%	-	-	-	6.94%	5.73%	7.01%	7.48%	7.31%
Cost of Revenue to Revenue	73.64%	72.58%	71.46%	73.50%	75.41%	74.53%	78.03%	76.56%	76.15%	76.84%	77.13%
SG&A Expenses to Revenue	4.50%	3.27%	5.36%	6.13%	8.45%	5.04%	5.74%	5.27%	4.04%	2.56%	2.94%
R&D to Revenue	0.35%	0.21%	0.96%	0.70%	1.00%	0.85%	0.80%	0.92%	0.99%	0.76%	0.72%
Operating Expenses to Revenue	11.08%	9.63%	13.37%	12.64%	15.76%	12.04%	12.63%	13.02%	12.74%	10.98%	11.76%
Earnings before Interest and Taxes (EBIT)	23	29	42	32	27	45	28	30	38	41	41
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	24	30	43	43	39	54	30	33	42	43	43
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.56	6.86	6.96	4.75	3.75	2.76	3.50	4.68	5.99
Price to Tangible Book Value (P/TBV)	0.00	0.00	2.76	7.33	7.37	4.99	3.93	2.89	3.66	4.87	6.22
Price to Revenue (P/Rev)	0.00	0.00	1.06	2.64	2.53	1.71	1.31	0.96	1.26	1.75	2.26
Price to Earnings (P/E)	0.00	0.00	7.91	20.69	21.89	14.58	12.06	9.05	11.29	16.48	21.19
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	12.64%	4.83%	4.57%	6.86%	8.29%	11.05%	8.85%	6.07%	4.72%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	5.27	16.30	15.27	11.73	11.85	6.77	9.41	19.54	36.18
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.80	2.40	2.32	1.48	1.05	0.72	1.01	1.45	1.93
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	4.84	14.08	14.62	9.12	8.68	6.16	8.04	12.25	15.79
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	4.96	15.81	17.66	11.27	9.24	6.56	8.53	13.02	16.67
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	6.22	19.07	20.65	13.74	10.40	7.62	10.32	15.26	20.19
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	4.20	15.45	17.68	11.69	7.69	5.59	7.00	9.11	13.08
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	10.06	7.89	8.69	10.72	15.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	0.00	-0.63	-0.62	-0.58	-0.65	-0.70	-0.66	-0.65	-0.73	-0.81
Leverage Ratio	0.00	0.00	2.61	3.08	2.94	2.68	2.76	2.83	2.71	2.56	2.55
Compound Leverage Factor	0.00	0.00	2.68	3.22	3.18	2.84	3.04	3.08	2.90	2.78	2.72
Debt to Total Capital	0.00%	0.00%	0.04%	0.04%	0.00%	0.00%	0.09%	0.06%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.04%	0.04%	0.00%	0.00%	0.09%	0.06%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	0.00%	99.96%	99.96%	100.00%	100.00%	99.91%	99.94%	99.65%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	-1.59	-1.39	0.00	0.00	-2.16	-2.08	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	-2.04	-1.88	0.00	0.00	-2.59	-2.57	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	0.00	2.35	3.49	3.75	3.54	3.25	2.91	3.38	3.95	4.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.00	1.91	1.83	1.98	2.13	2.07	1.98	2.11	2.08	2.02
Quick Ratio	0.00	0.00	1.18	1.01	1.11	1.30	1.36	1.21	1.36	1.42	1.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	-93	-124	-105	32	20	52	83	69
Operating Cash Flow to CapEx	87,119.05%	6,648.72%	1,638.04%	620.30%	313.66%	1,462.23%	6,248.22%	399.53%	2,570.51%	6,699.49%	2,428.06%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-1,151.87	-2,105.05	-1,210.14	1,104.59	858.37	1,629.69	1,173.94	927.73
Operating Cash Flow to Interest Expense	22.76	205.03	469.72	189.00	323.86	634.98	2,359.24	410.13	1,206.53	1,102.11	869.84
Operating Cash Flow Less CapEx to Interest Expense	22.73	201.94	441.05	158.53	220.61	591.55	2,321.48	307.48	1,159.59	1,085.66	834.01
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	1.11	0.85	0.93	1.03	1.21	1.14	1.12	1.11	1.14
Accounts Receivable Turnover	0.00	0.00	16.36	13.92	14.15	17.75	19.99	18.70	17.17	19.99	20.93
Inventory Turnover	0.00	0.00	4.89	3.23	3.66	4.47	5.75	4.60	4.74	5.23	5.48
Fixed Asset Turnover	0.00	0.00	37.37	36.34	43.35	38.26	42.91	42.63	42.18	39.25	41.76
Accounts Payable Turnover	0.00	0.00	10.17	6.93	9.06	12.28	11.84	10.30	11.86	12.86	10.78
Days Sales Outstanding (DSO)	0.00	0.00	22.30	26.21	25.80	20.57	18.26	19.52	21.26	18.26	17.44
Days Inventory Outstanding (DIO)	0.00	0.00	74.60	112.95	99.71	81.61	63.50	79.33	77.03	69.82	66.56
Days Payable Outstanding (DPO)	0.00	0.00	35.89	52.65	40.31	29.71	30.82	35.42	30.77	28.38	33.87
Cash Conversion Cycle (CCC)	0.00	0.00	61.01	86.51	85.21	72.46	50.94	63.43	67.52	59.70	50.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	0.00	106	122	150	140	102	126	128	91	69
Invested Capital Turnover	0.00	0.00	6.62	13.59	13.16	15.87	11.12	9.56	8.60	10.60	15.08
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	122	150	140	-3.88	3.91	-22	-49	-33
Enterprise Value (EV)	0.00	0.00	560	1,984	2,285	1,641	1,215	851	1,202	1,773	2,494
Market Capitalization	275	358	744	2,180	2,494	1,901	1,518	1,138	1,506	2,139	2,911
Book Value per Share	$0.00	$0.00	$7.14	$3.89	$4.37	$4.84	$4.95	$5.15	$5.65	$6.07	$6.55
Tangible Book Value per Share	$0.00	$0.00	$6.62	$3.64	$4.13	$4.61	$4.72	$4.92	$5.41	$5.83	$6.32
Total Capital	0.00	0.00	291	318	358	400	406	413	431	457	486
Total Debt	0.00	0.00	0.11	0.12	0.00	0.00	0.38	0.24	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.11	0.12	0.00	0.00	0.38	0.24	0.00	0.00	0.00
Net Debt	0.00	0.00	-184	-196	-209	-260	-303	-287	-304	-367	-417
Capital Expenditures (CapEx)	0.02	0.66	3.10	2.47	6.09	3.78	1.10	2.36	1.50	1.17	2.65
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	2.87	13	36	20	-20	-0.12	-0.29	-44	-68
Debt-free Net Working Capital (DFNWC)	0.00	0.00	187	209	244	280	283	287	303	322	348
Net Working Capital (NWC)	0.00	0.00	187	209	244	280	283	287	303	322	348
Net Nonoperating Expense (NNE)	0.60	1.55	-4.75	1.22	-1.47	-6.08	-2.80	-3.49	-4.31	-2.97	-3.00
Net Nonoperating Obligations (NNO)	0.00	0.00	-184	-196	-209	-260	-303	-287	-304	-367	-417
Total Depreciation and Amortization (D&A)	0.81	0.84	1.72	11	12	8.29	2.27	3.17	4.04	2.67	2.03
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.41%	1.55%	3.62%	1.79%	-1.71%	-0.01%	-0.02%	-3.61%	-5.31%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	26.57%	25.27%	24.81%	25.26%	24.39%	24.32%	25.42%	26.36%	27.01%
Net Working Capital to Revenue	0.00%	0.00%	26.57%	25.27%	24.81%	25.26%	24.39%	24.32%	25.42%	26.36%	27.01%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.88	$0.67	$0.65	$0.98	$0.76	$0.68	$0.91	$0.99	$1.02
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	40.79M	40.79M	41.30M	41.36M	41.08M	40.02M	38.07M	37.54M	38.16M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.87	$0.66	$0.65	$0.98	$0.76	$0.68	$0.91	$0.99	$1.01
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	40.92M	40.95M	41.41M	41.40M	41.20M	40.14M	38.11M	37.61M	38.23M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	81.59M	81.98M	82.73M	81.94M	80.13M	76.14M	75.33M	74.11M	73.24M
Normalized Net Operating Profit after Tax (NOPAT)	19	26	34	28	26	35	19	24	30	34	35
Normalized NOPAT Margin	12.40%	14.45%	13.69%	11.32%	8.25%	11.42%	6.54%	8.70%	9.40%	10.29%	9.78%
Pre Tax Income Margin	14.80%	16.72%	17.51%	13.27%	9.34%	15.78%	10.27%	11.95%	12.69%	13.24%	12.05%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	28.58	135.20	385.77	392.49	455.07	520.21	950.55	1,300.30	1,192.88	571.31	554.31
NOPAT to Interest Expense	23.62	119.78	285.39	350.82	432.13	397.79	970.87	1,028.41	945.00	481.83	479.67
EBIT Less CapEx to Interest Expense	28.55	132.12	357.09	362.02	351.81	476.78	912.79	1,197.65	1,145.94	554.86	518.49
NOPAT Less CapEx to Interest Expense	23.60	116.69	256.71	320.36	328.88	354.37	933.11	925.76	898.06	465.38	443.85
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	1.69%	0.00%	0.00%	0.00%	18.48%	36.56%	0.00%	0.00%	49.07%

Financials Breakdown Chart

Key Financial Trends

GigaCloud Technology (GCT) shows meaningful top-line growth, solid cash generation, and improving liquidity across the 2023–2025 period. Below is a concise, investor-focused takeaway based on the last four years of quarterly statements.

Revenue growth: Operating revenue rose from about $244.7 million in Q4 2023 to about $362.7 million in Q4 2025, signaling sustained demand growth.
Net income uplift: Net income attributable to common shareholders reached about $38.5 million in Q4 2025, with positive quarterly momentum through 2025 (e.g., Q3 2025 also strong), pointing to improved profitability trends.
Strong cash flow from operations: Net cash from continuing operating activities was about $64.4 million in Q4 2025 (and around $78.3 million in Q3 2025), demonstrating robust cash generation from core operations.
Free cash flow generation: In Q4 2025, free cash flow was roughly $61.7 million (approx. $64.4M operating cash flow minus about $2.71M in capital expenditures), illustrating healthy cash availability after maintenance capex.
Balance sheet liquidity: Cash & equivalents were around $334.9 million in Q3 2025, with Total Current Assets about $622.0 million vs. Total Current Liabilities of approximately $299.6 million, signaling a solid liquidity cushion.
Debt deleveraging: Debt repayments in Q4 2025 totaled about $57.0 million, contributing to lower leverage and improved balance-sheet flexibility.
Gross margin trend: Gross margin has hovered in the low-to-mid 20s across the period (e.g., Q4 2025 gross profit of $82.9 million on $362.7 million revenue), suggesting stability but no clear sustained margin expansion yet.
Operating expense discipline: SG&A, marketing, and R&D expenses fluctuate with revenue, but remain a relatively modest share of sales in many periods (roughly mid-teens as a percentage of revenue), implying ongoing investment behind growth without clear margin dilution yet.
Financing outflows: Net cash from financing activities was negative in Q4 2025 (about -$10.1 million), reflecting debt repayment and other financing activity that reduced cash balances.

05/07/26 12:29 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About GigaCloud Technology's Financials

When does GigaCloud Technology's fiscal year end?

According to the most recent income statement we have on file, GigaCloud Technology's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has GigaCloud Technology's net income changed over the last 5 years?

GigaCloud Technology's net income appears to be on an upward trend, with a most recent value of $137.37 million in 2025, rising from $37.46 million in 2020. The previous period was $125.81 million in 2024. View GigaCloud Technology's forecast to see where analysts expect GigaCloud Technology to go next.

What is GigaCloud Technology's operating income?

GigaCloud Technology's total operating income in 2025 was $144.98 million, based on the following breakdown:

Total Gross Profit: $300.67 million
Total Operating Expenses: $155.69 million

How has GigaCloud Technology's revenue changed over the last 5 years?

Over the last 5 years, GigaCloud Technology's total revenue changed from $275.48 million in 2020 to $1.29 billion in 2025, a change of 368.2%.

How much debt does GigaCloud Technology have?

GigaCloud Technology's total liabilities were at $716.66 million at the end of 2025, a 7.7% increase from 2024, and a 1,075.9% increase since 2021.

How much cash does GigaCloud Technology have?

In the past 4 years, GigaCloud Technology's cash and equivalents has ranged from $63.20 million in 2021 to $379.78 million in 2025, and is currently $379.78 million as of their latest financial filing in 2025.

How has GigaCloud Technology's book value per share changed over the last 5 years?

Over the last 5 years, GigaCloud Technology's book value per share changed from 0.00 in 2020 to 6.55 in 2025, a change of 655.5%.

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Financial statements for NASDAQ:GCT last updated on 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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GigaCloud Technology (GCT) Financials

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GigaCloud Technology (GCT) Financials

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