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GigaCloud Technology Inc Announces Fourth Quarter and Year Ended December 31, 2025 Financial Results
—Delivering Record Revenue and EPS— EL MONTE, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”),
About this update from Gigacloud Technology Inc
[{"type":"text","content":"—Delivering Record Revenue and EPS— EL MONTE, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced financial results for the fourth quarter and fiscal year ended December 31, 2025, highlighted by record revenues and EPS. Fourth Quarter 2025 Financial Highlights Total revenues of $362.7 million, increased 22.7% year-over-year.Gross profit of $82.9 million, increased 27.5% year-over-year. Gross margin was 22.9%, compared to 22.0% in the fourth quarter of 2024.Net income of $38.5 million, increased 24.2% year-over-year.Net income margin was 10.6%, compared to 10.5% in the fourth quarter of 2024. Diluted EPS increased 36.8% year-over-year to $1.04.Adjusted EBITDA1 increased 39.2% year-over-year to $43.0 million.Adjusted EPS – diluted2 increased 54.7% year-over-year to $1.16.Cash, Cash Equivalents, Restricted Cash, and Investments totaled $416.9 million as of December 31, 2025, a 37.5% increase year-over-year. Full Year 2025 Financial Highlights Total revenues of $1,289.9 million, increased 11.1% year-over-year.Gross profit of $300.7 million, increased 5.4% year-over-year.Gross margin was 23.3%, compared to 24.6% in 2024.Net income of $137.4 million, increased 9.2% year-over-year. Net income margin was 10.6%, compared to 10.8% in 2024.Diluted EPS increased 17.7% year-over-year to $3.59.Adjusted EBITDA1 increased 3.8% year-over-year to $162.9 million.Adjusted EPS – diluted2 increased 11.8% year-over-year to $4.26. Operational Highlights GigaCloud Marketplace GMV3 increased 17.5% year-over-year to $1,576.8 million for the 12 months ended December 31, 2025.3P seller GigaCloud Marketplace GMV4 increased 22.7% year-over-year to $851.2 million for the 12 months ended December 31, 2025. 3P seller GigaCloud Marketplace GMV represented 54.0% of total GigaCloud Marketplace GMV for the 12 months ended December 31, 2025.Active 3P sellers5 increased 16.9% year-over-year to 1,299 for the 12 months ended December 31, 2025.Active buyers6 increased 29.9% year-over-year to 12,089 for the 12 months ended December 31, 2025.Spend per active buyer7 was $130,431 for the 12 months ended December 31, 2025. “We closed out an exceptional year with record revenues and EPS, a validation of the...