Earnings ·
GigaCloud reports Q3 revenue of $423.6M and net income of $50.6M
GCTGigaCloud Technology Inc
GigaCloud Technology Inc reported third-quarter results ending September 30, 2026, with total revenues increasing 27.4% year-over-year to $423.6 million. Net income rose 36.0% to $50.6 million, and diluted earnings per share increased 42.4% to $1.41. Adjusted EBITDA grew 42.4% to $61.8 million. The company also announced it repurchased approximately $17.7 million of shares during the quarter and has $115 million remaining under its current share repurchase authorization. GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parcel merchandise.