GigaCloud Technology, Inc. Class A (GCT)
NASDAQ:GCT
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.89Last Year’s EPS
0.91Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong top-line growth (32% revenue growth), significant EPS expansion (53% increase), expanding marketplace engagement, and rapid European traction (80% product revenue growth in Europe and 83% quarterly GMV growth). The company is cash-rich, debt-free, and returning capital via buybacks while pursuing disciplined M&A. Key near-term negatives include New Classic's initial 20% decline and integration disruption, service-margin pressure driven by logistics and lower ocean spot-rate dynamics (7.3% YoY service margin decline), a Q1 inventory build that used $22M of operating cash, and supply-chain delays from Vietnam flooding. On balance, the positives—broad-based growth, margin improvement at the company level, strong GMV/engagement metrics, and a solid balance sheet—outweigh the manageable, mostly temporary operational and margin headwinds.Company Guidance
Strong Top-Line and EPS Growth
Revenue grew 32% year-over-year to $359 million for Q1 FY2026, and diluted EPS increased 53% year-over-year to $1.04, reflecting sustained profitable growth.
Marketplace GMV and Engagement Expansion
GMV (trailing 12 months ended March 31, 2026) rose 17% year-over-year to $1.7 billion. Active third-party sellers increased 19% to 1,377 and active buyers increased 25% to 12,473, indicating higher transaction activity and buyer engagement.
Regional Momentum — Europe Acceleration
Europe marketplace GMV grew 83% quarter-over-quarter; Europe product revenue grew 80% year-over-year to $103 million. 3P marketplace GMV in Europe expanded over 500% year-over-year on a quarterly basis, demonstrating rapid scaling of the playbook abroad.
U.S. Marketplace Resilience and Market Share Gains
Despite industry headwinds, U.S. marketplace GMV grew 12% on a quarterly basis, driven by market share gains through the SFR trading model and disciplined execution.
Service and Product Revenue Mix Strength
Service revenue increased 24% to $117 million. Product revenue rose 7% to $243 million, with U.S. product revenue up 15% to $126 million (2% organic growth and ~$14 million from acquisitions). Product gross margin improved to 31.3%, up 3.8 percentage points year-over-year.
Improved Overall Gross Margin and Operating Efficiency
Total company gross margin rose to 23.9% from 23.4% year-over-year. G&A decreased to 3% of revenue (from 5% prior year), while S&M was 9% of revenue, indicating operational leverage and improved cost structure.
Strong Balance Sheet and Capital Allocation
Company remains debt-free with total liquidity of $364 million. Cumulative share buybacks of approximately $114 million executed; 38% completed of the latest $111 million plan with $68 million remaining, reflecting continued shareholder returns and disciplined capital allocation.
Confident Near-Term Guidance
Management provided Q2 revenue guidance of $365 million to $390 million and reiterated confidence in navigating temporary supply disruptions, signaling visibility into near-term performance.
GigaCloud Technology, Inc. Class A (GCT) Earnings, Revenues Date & History
GCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $44.99 | $42.84 | -4.78% |
Feb 26, 2026 | $35.31 | $46.98 | +33.05% |
Nov 06, 2025 | $25.46 | $33.11 | +30.05% |
Aug 07, 2025 | $22.15 | $28.91 | +30.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GigaCloud Technology, Inc. Class A (GCT) report earnings?
GigaCloud Technology, Inc. Class A (GCT) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is GigaCloud Technology, Inc. Class A (GCT) earnings time?
GigaCloud Technology, Inc. Class A (GCT) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is GCT EPS forecast?
GCT EPS forecast for the fiscal quarter 2026 (Q2) is 0.89.