Friday 6 November 2026
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GigaCloud Technology Inc.
GCT Technology Software Infrastructure
GigaCloud Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 11.1% from fiscal 2024.
- Revenue
- +27.3%
- EPS
- +42.4%
- Free cash flow
- −27.6%
- Total debt
- −1.06%
Quarter to September 2026, against a year earlier
62.82
4.94
+8.53%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 122 | 275 | 414 | 490 | 704 | 1,161 | 1,290 | 1,557 | +48.1% | 502 | 544 | — | (35.1%) | |
| Gross margin, % | — | — | — | 18.14 | 27.25 | 21.63 | 16.96 | 26.80 | 24.57 | 23.31 | 24.37 | +5.2 pt | ||||||
| EBT | — | — | — | 5 | 45 | 38 | 31 | 115 | 141 | 161 | 202 | +79.6% | ||||||
| EBT margin, % | — | — | — | 3.93 | 16.44 | 9.11 | 6.36 | 16.34 | 12.11 | 12.50 | 12.94 | +8.6 pt | ||||||
| Net income | — | — | — | 3 | 37 | 29 | 24 | 94 | 126 | 137 | 170 | +90.7% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 3.08 | 6.93 | 40.42 | 20.08 | 17.26 | 28.26 | 33.80 | 43.52 | +49.1% | |||||
| Earnings | — | — | — | 0.03 | 0.33 | 0.88 | 0.98 | 2.31 | 3.06 | 3.60 | 4.65 | +122.1% | ||||||
| Cash flow | — | — | — | 0.03 | 0.84 | 0.83 | 2.03 | 3.27 | 3.85 | 5.00 | 4.12 | +135.8% | ||||||
| Capex | — | — | — | 0.00 | 0.00 | (0.18) | (0.03) | (0.10) | (0.33) | (0.20) | (0.30) | n/m | ||||||
| Free cash flow | — | — | — | 0.03 | 0.84 | 0.66 | 2.01 | 3.18 | 3.52 | 4.80 | 3.82 | +134.1% | ||||||
| Book value | — | — | — | 0.00 | 2.18 | 9.68 | 7.99 | 7.12 | 9.86 | 12.73 | 15.87 | n/m | ||||||
| Shares, m | — | — | — | 40 | 40 | 10 | 24 | 41 | 41 | 38 | 37 | (0.7%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 5.12 | 5.12 | 5.12 | 5.12 | 8.72 | 6.05 | 10.85 | 13.51 | 6.6 | |||||
| P/S | — | — | — | 0.00 | 0.00 | 0.00 | 0.45 | 1.16 | 0.66 | 1.16 | 1.44 | 0.5 | ||||||
| P/B | — | — | — | 2.53 | 2.53 | 2.53 | 1.14 | 2.82 | 1.88 | 3.09 | 3.96 | 2.4 | ||||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 0.00 | 0.16 | 0.90 | 0.39 | 0.84 | 1.18 | 0.3 | ||||||
| EV/FCF | — | — | — | 0.00 | 0.00 | 0.00 | 1.41 | 4.90 | 3.17 | 5.92 | 13.40 | 2.2 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 1 | 33 | 9 | 50 | 133 | 158 | 191 | 147 | +134.1% | |||||
| Capex | — | — | — | (1) | (1) | (2) | (1) | (4) | (13) | (8) | (11) | +41.8% | ||||||
| Free cash flow | — | — | — | 1 | 33 | 7 | 49 | 130 | 145 | 183 | 137 | +132.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 83 | 115 | 155 | 187 | 283 | 348 | 414 | +33.1% | |||||
| Net debt | — | — | — | — | (58) | (61) | (144) | (184) | (303) | (416) | (417) | +48.2% | ||||||
| Shareholders’ equity | — | — | — | — | 87 | 99 | 195 | 290 | 405 | 486 | 568 | +41.1% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | 0.00 | 5.52 | 7.61 | 14.87 | 13.12 | 12.09 | 14.07 | +12.1 pt | |||||
| ROIC | — | — | — | — | 0.00 | 64.31 | 42.78 | 64.69 | 79.66 | 130.13 | 78.59 | +130.1 pt | ||||||
| ROE | — | — | — | 0.00 | 0.00 | 11.29 | 15.70 | 38.76 | 36.17 | 30.83 | 33.08 | +30.8 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 694 | 78 | 1,362 | 1,561 | 1,644 | — | +24.1% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.60 | 6.28 | 0.52 | 0.74 | 0.78 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
GigaCloud Technology Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GCT GigaCloud Technology Inc. | $2.3B | 13.5× | 12.7× | +27.33% (above 0%: growing) | +42.42% (above 0%: growing) | −27.55% (below 0%: shrinking) | 24.85% | 13.94% | |
| PAGS PagSeguro Digital Ltd. | $2.1B | 5.3× | 5.3× | +12.61% (above 0%: growing) | +21.88% (above 0%: growing) | −67.14% (below 0%: shrinking) | 53.43% | 38.71% | Compare |
| EVTC Evertec, Inc. | $2.0B | 21.8× | 19.4× | +23.80% (above 0%: growing) | +3.80% (above 0%: growing) | +29.34% (above 0%: growing) | 53.70% | 17.89% | Compare |
| CALX Calix, Inc | $2.0B | 44.9× | 41.4× | +13.67% (above 0%: growing) | −32.17% (below 0%: shrinking) | −87.16% (below 0%: shrinking) | 53.29% | 5.49% | Compare |
| MQ Marqeta, Inc. | $1.9B | 14.6× | 66.4× | +7.88% (above 0%: growing) | n/m | −77.59% (below 0%: shrinking) | 69.30% | 3.56% | Compare |
| AI C3.ai, Inc. | $1.8B | — (loss-making) | — (loss-making) | −25.46% (below 0%: shrinking) | n/m | +106.02% (above 0%: growing) | 31.83% | (187.62%) | Compare |
| STNE StoneCo Ltd. | $1.8B | 3.0× | 3.0× | +14.89% (above 0%: growing) | −2.63% (below 0%: shrinking) | +2,108.82% (above 0%: growing) | 68.05% | 43.79% | Compare |
| NYAX Nayax Ltd. | $1.7B | 214× | 179× | +28.25% (above 0%: growing) | n/m | −335.31% (below 0%: shrinking) | 46.86% | (5.42%) | Compare |
| INFQ Infleqtion, Inc. | $1.7B | — (loss-making) | — | — | n/m | +914.79% (above 0%: growing) | 16.01% | (220.55%) | Compare |
| Median of peers | $1.9B | 18.2× | 30.4× | +13.67% | +0.58% | −18.90% | 53.36% | 4.53% |
Pay and ownership Proxy statement filed 30 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 1.93m | 1.93m | 250.40 |
| 2024 | 3.48m | 3.48m | 118.00 |
| 2023 | 287.17k | 287.17k | 116.60 |
| 2022 | 163.10k | 163.10k | 36.30 |
Ownership
Directors and executive officers, together
72.20% of the votes
Larry Lei Wu
71.00% of the votes
FMR LLC
4.30% of the votes
BLACKROCK, INC.
1.90% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
GigaCloud Technology Inc. (GCT) Latest News
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5 Oct
2 Oct
23 Sep
16 Sep
GCT metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score