GigaCloud Technology Inc. (GCT) — Financial statements
Income statement, balance sheet, and cash flow for GigaCloud Technology Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,290↑11.1% | 1,161↑65.0% | 704↑43.6% | 490↑18.3% | 414 | |
| Cost of Revenue | 989↑13.0% | 876↑70.0% | 515↑26.6% | 407↑25.4% | 325 | |
| Gross Profit | 301↑5.4% | 285↑51.2% | 189↑127.0% | 83↓7.2% | 90 | |
| Operating Expenses | ||||||
| R&D Expenses | 11↑10.6% | 10↑149.5% | 4↑175.2% | 1 | 0.00 | |
| General & Administrative Expenses | 47↓37.0% | 74↑52.1% | 49↑39.8% | 35↓5.4% | 37 | |
| Selling & Marketing Expenses | 98↑38.9% | 71↑210.3% | 23↑91.5% | 12↓11.8% | 13 | |
| SG&A Expenses | 145↑0.1% | 145↑102.6% | 71↑53.0% | 47↓7.1% | 50 | |
| Other Expenses | 0.10↓50.3% | 0.19↓94.0% | 3 | 0.00 | 0.00 | |
| Operating Expenses | 156↑0.7% | 155↑96.8% | 79↑63.3% | 48↓4.3% | 50 | |
| Total Costs & Expenses | 1,145↑11.1% | 1,030↑73.5% | 594↑30.5% | 455↑21.4% | 375 | |
| Operating Results | ||||||
| Operating Income | 145↑11.1% | 131↑18.7% | 110↑214.3% | 35↓11.0% | 39 | |
| Depreciation & Amortization | 8↓7.0% | 9↑211.9% | 3↑107.3% | 1↑78.8% | 0.78 | |
| EBITDA | 170↑13.3% | 150↑25.8% | 119↑259.6% | 33↓14.7% | 39 | |
| EBIT | 161↑14.6% | 141↑21.2% | 116↑266.3% | 32↓16.6% | 38 | |
| Interest & Other Income | ||||||
| Net Interest Income | 12↑26.0% | 9↑343.3% | 2↑2250.0% | -0.10↓142.1% | 0.23 | |
| Interest Income | 12↑24.7% | 9↑184.7% | 3↑600.0% | 0.47↓12.1% | 0.54 | |
| Interest Expense | 0.20↓21.9% | 0.26↓79.4% | 1↑118.3% | 0.57↑83.8% | 0.31 | |
| Non-Operating Income | -16↓59.2% | -10↓66.4% | -6↓287.1% | 3↑149.5% | 1 | |
| Other Income / Expenses | 16↑61.3% | 10↑103.2% | 5↑227.4% | -4↓137.0% | -2 | |
| Income Before Tax | 161↑14.6% | 141↑22.3% | 115↑269.0% | 31↓17.4% | 38 | |
| Income Tax Expense | 24↑60.9% | 15↓29.1% | 21↑190.4% | 7↓15.1% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 137↑9.2% | 126↑33.7% | 94↑292.6% | 24↓18.1% | 29 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 137↑9.2% | 126↑33.7% | 94↑292.6% | 24↓18.1% | 29 | |
| Bottom-Line Net Income | 137↑9.2% | 126↑33.7% | 94↑308.6% | 23↓17.0% | 28 | |
| EPS (Basic) | 3.60↑17.6% | 3.06↑32.5% | 2.31↑285.0% | 0.60↓13.0% | 0.69 | |
| EPS (Diluted) | 3.59↑17.7% | 3.05↑32.6% | 2.30↑283.3% | 0.60↓13.0% | 0.69 | |
| Weighted Average Shares | 38↓7.1% | 41↑0.7% | 41↑1.4% | 40↑1.2% | 40 | |
| Weighted Average Diluted Shares | 38↓7.2% | 41↑0.7% | 41↑1.7% | 40↑0.0% | 40 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.