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GigaCloud Technology, Inc. Class A (GCT)
NASDAQ:GCT
RESEARCH TOOLSreports
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.52Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: -5.93%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights significant achievements in revenue growth, market expansion, and successful integration of acquisitions, emphasizing strong financial health and strategic positioning. However, these positives are tempered by macroeconomic challenges affecting the industry, declining product margins, and expected temporary revenue softening due to strategic SKU retirement.Company Guidance
In the GigaCloud Technologies earnings call for the fourth quarter and full year 2024, the company provided several key metrics that demonstrate its growth and strategic direction. GigaCloud surpassed $1 billion in total revenue for the year, with a marketplace GMV increase of nearly 70%, reaching $1.3 billion. The number of active 3P sellers grew to over 1,100, and active buyers increased to more than 9,300. The company also highlighted a 21% year-over-year growth in fourth-quarter revenue, totaling $296 million, and full-year revenues of $1.1 billion, up 65% from 2023. Service revenues for the fourth quarter increased 40% year-over-year to $97 million, while full-year service revenues rose 76% to $350 million. GigaCloud’s product revenue for the year increased by 61% to $811 million, despite challenges such as high interest rates and softening consumer demand. Their balance sheet remains robust, with zero debt and liquidity of approximately $303 million, up 65% from the previous year. The company also announced a $46 million share repurchase program, with $29 million already executed. Additionally, GigaCloud was recognized as the number one spot on Forbes America’s Most Successful Small Cap Company’s 2025 list and was added to the Russell 2000 Index.Record Revenue and Market Growth
GigaCloud surpassed $1 billion in total revenue for 2024, marking a 65% increase from 2023 levels. Marketplace GMV grew almost 70% to $1.3 billion.
Significant Expansion in Europe
GMV from Europe grew over 150% organically year-over-year, with a new fulfillment center opened in Germany to support this growth.
Successful Noble House Integration
Noble House was successfully integrated, reaching breakeven by the end of 2024, reversing its previous $35 million annual net losses.
Leadership Recognition and Industry Accolades
GigaCloud secured the number one spot on Forbes America's Most Successful Small Cap Company's 2025 list and was added to the Russell 2000 Index.
Strong Financial Position
The company has zero debt and strong cash flow generation, with liquidity of approximately $303 million, up 65% from 2023.
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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
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GCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $16.01 | $15.53 | -3.00% |
| Nov 07, 2024 | $23.82 | $27.93 | +17.25% |
| Aug 06, 2024 | $25.54 | $23.11 | -9.51% |
| May 09, 2024 | $39.14 | $39.72 | +1.48% |
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.
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FAQ
When does GigaCloud Technology, Inc. Class A (GCT) report earnings?
GigaCloud Technology, Inc. Class A (GCT) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is GigaCloud Technology, Inc. Class A (GCT) earnings time?
GigaCloud Technology, Inc. Class A (GCT) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCT EPS forecast?
GCT EPS forecast for the fiscal quarter 2025 (Q1) is 0.52.
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