IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — GCT

August 6, 2026View Source ↗

GigaCloud Technology Inc reported second quarter and six-month financial results for the period ended June 30, 2026. The company achieved record revenue of $411.6 million in Q2, a 27.6% year-over-year increase, with diluted EPS rising 27.5% to $1.16. Net income reached $42.3 million, and Adjusted EBITDA grew 39.5% to $60.4 million. Additionally, the Board approved a new $120.0 million share repurchase program effective August 6, 2026, terminating the previous authorization. GigaCloud Technology Inc operates in the B2B e-commerce and logistics technology sector, providing end-to-end solutions for large parcel merchandise.