Gct Semiconductor Holding, Inc. Class A ( (GCTS) ) has released its Q2 earnings. Here is a breakdown of the information Gct Semiconductor Holding, Inc. Class A presented to its investors.
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GCT Semiconductor Holding, Inc. is a prominent fabless designer and supplier of advanced 5G and 4G LTE semiconductor solutions, known for its compact, high-performance, and cost-effective system-on-chip solutions that integrate radio frequency, baseband modem, and digital signal processing functions. The company operates within the semiconductor industry, focusing on providing connectivity solutions for commercial devices used by leading wireless carriers worldwide.
In its latest earnings report, GCT Semiconductor Holding, Inc. announced significant progress in its ‘Year of 5G’ initiative, having delivered initial 5G chipset samples to key customers in preparation for mass production and volume shipments slated for the latter half of 2025. The company also highlighted strategic partnerships and financial maneuvers aimed at bolstering its 5G market entry.
Key financial metrics from the second quarter of 2025 revealed a net revenue of $1.2 million, marking a 19% decrease from the previous year. The gross margin also saw a significant drop to 32% from 62.7%. Despite these declines, operating expenses remained stable at $8.0 million. The company completed an $11 million registered direct offering, which contributed to its 5G chipset development and debt retirement efforts.
Strategically, GCT has partnered with Iridium Communications to enhance its chipset offerings and collaborated with Giesecke+Devrient on eSIM solutions for IoT devices. These moves are part of GCT’s broader strategy to expand its market reach and capitalize on the growing demand for 5G technology.
Looking ahead, GCT Semiconductor is poised to commence production of its 5G chipsets in the third quarter of 2025, with volume shipments expected in the fourth quarter. The company remains focused on aligning its resources and strategies to leverage the anticipated growth in the 5G market, aiming to drive future financial performance and market presence.