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MARKETS / NASDAQ / GCT
NASDAQ · RETAIL-CATALOG & MAIL-ORDER HOUSES · MID CAP

GigaCloud Technology Inc. GCT

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.3B
▲ 11.1% YoY
$137.4M
▲ 9.2% YoY
$182.8M
▲ 28.2% YoY
In brief

What this company does

GigaCloud Technology Inc connects manufacturers, primarily based in Asia, with resellers, primarily in the U.S., Europe and Japan, through its global marketplace to execute cross-border transactions. As of December 31, 2025, it operated 35 large-scale fulfillment centers around the world totaling approximately 11.3 million square feet of storage space, covering 19 ports of destination globally with over 35,000 annual containers. As of December 31, 2025, it had 1,644 full-time equivalent employees located in the United States, China, Japan, Germany, the United Kingdom, Vietnam, Malaysia and Canada. It generates revenues primarily through three revenue streams: GigaCloud 3P, which generates service revenues including platform commission, ocean transportation, drayage, warehousing, packaging and last-mile delivery services by facilitating transactions between sellers and buyers in its marketplace; GigaCloud 1P, which generates product revenues through the sale of its own inventory in the marketplace; and Off-platform Ecommerce, which generates product revenues through sales to and through third-party ecommerce websites. It first launched its marketplace in January 2019, focusing on the global furniture market, and has since expanded into additional categories such as home appliances and fitness equipment. GigaCloud Technology Inc was incorporated as Oriental Standard Human Resources Holdings Limited, an exempt company in the Cayman Islands, on August 29, 2006, and its name was changed to GigaCloud Technology Inc effective February 28, 2021.

Written from the business description in GIGACLOUD TECHNOLOGY INC's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.3B
Revenue, FY2025 · full 6-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.3 · Net income 0.1
0.5B1.0B202020212022202320242025
Compound annual growth
+38.1%
+36.2%
+78.9%
+29.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +36.2% a year over five years — but profit grew slower: net income at +29.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 11.2% · Net 10.6%
5%10%15%202020212022202320242025
ROE
FY2025 · ROE 30.8%
10%20%30%202020212022202320242025

Each USD of equity produced 31 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 182.8
80M160M202020212022202320242025

Total assetsUSD 1.2B
EquityUSD 485.8M
CashUSD 379.8M
Current ratio2.02×

Equity funds 40% of total assets.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B1.31.20.70.50.40.3
Operating income $B0.10.10.10.00.00.0
EBITDA $B0.20.10.10.00.00.0
Income tax $B0.00.00.00.00.00.0
Net income $B0.10.10.10.00.00.0
Free cash flow $B0.20.10.10.00.00.0
EPS, diluted $3.593.052.300.600.881.36
Dividend / sh $······
Payout %······
ROE %30.836.238.816.329.5·
Shares out B··0.01·0.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 3 failures in 22 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 54 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente3 failures
ActivityRetail-Catalog & Mail-Order Houses
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2020

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