GigaCloud Technology Inc (GCT) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to GigaCloud Technologies' first quarter 2026 earnings conference call. Joining us today are GigaCloud's founder and chief executive officer, Larry Wu, its president, Iman Shrak, and its chief financial officer, Erica Wei. Larry will provide opening remarks, Iman will discuss the company's operation progress, and Erica will review financial results. After that, we will open the call to questions. As a reminder, this conference call contains statements about future events and expectations that are forward-looking in nature, and actual results may differ materially. Additionally, today's call will include a discussion of non-GAAP measures within meaning of SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most direct comparable financial measures calculated and presented in accordance with GAAP can be found in the press release issued today by GigaCloud, which is posted on the company's website. Now, I will turn the call over to Larry. Please go ahead. Thank you, operator, and hello, everyone. Our first quarter results highlight the resilience of our business model and the effectiveness of our strategy. During the quarter, industry conditions remain under pressure with the U.S. furniture industry estimated to be down single digit year over year. While the U.S. remains a critically important market for us, our performance reflects the power of diversification. Driven by the disciplined execution across multiple fronts, we delivered more than 30% year-over-year revenue growth and more than 50% EPS growth, proof of a sound strategy and consistent, disciplined execution, all guided by a long-term view of where we're headed. The long-term view is our compass, and it keeps us focused on what works, bui...