GigaCloud Technology Inc (GCT) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to GigaCloud Technologies' fourth quarter and full year 2025 earnings conference call. Joining us today from GigaCloud are the company's founder and chief executive officer, Larry Wu, its president, Iman Shrock, and its chief financial officer, Erica Wei. Larry will provide opening remarks, Iman will discuss the company's operational 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 the meaning of SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most directly 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. I would now like to turn the call over to Larry. Please go ahead, sir. Thank you, Operator, and good morning, everyone. 2025 marked a defining chapter for us. record revenue, record EBS, and a level of performance that underscored not only the strength of our model, but also our resilience and adaptability when facing challenges. In the year when the macro backdrop was anything but predictable, our agility and operational discipline powered the strong double-digit growth and positioned us to accelerate even further. From the beginning, we understood the importance of building a new growth of vectors for sustainable long-term value creation. And that strategy continues to pay off. We have expanded our geographic reach, scaled our marketplace, and strengthened our market platform through t...