Saturday 17 October 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. In the quarter to June 2026, revenue grew 27.6%, EPS grew 27.5%, free cash flow grew 21.8% and total debt rose 20.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
57.35
1.99
−3.35%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 4.14 | 4.79 | 15.61 | 11.17 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | 62.00 | 19.50 | 45.18 | 43.85 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 694 | 78 | 1,362 | 1,561 | 1,644 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.60 | 6.28 | 0.52 | 0.74 | 0.78 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 122 | 275 | 414 | 490 | 704 | 1,161 | 1,290 | ||||
| Gross margin, % | — | — | — | 18.14 | 27.25 | 21.63 | 16.96 | 26.80 | 24.57 | 23.31 | |||||
| EBT | — | — | — | 5 | 45 | 38 | 31 | 115 | 141 | 161 | |||||
| EBT margin, % | — | — | — | 3.93 | 16.44 | 9.11 | 6.36 | 16.34 | 12.11 | 12.50 | |||||
| Net income | — | — | — | 3 | 37 | 29 | 24 | 94 | 126 | 137 | |||||
| Depreciation | — | — | — | 0 | 0 | 1 | 1 | 3 | 9 | 8 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 3.08 | 6.93 | 40.42 | 20.08 | 17.26 | 28.26 | 33.80 | ||||
| Earnings | — | — | — | 0.03 | 0.33 | 0.88 | 0.98 | 2.31 | 3.06 | 3.60 | |||||
| Cash flow | — | — | — | 0.03 | 0.84 | 0.83 | 2.03 | 3.27 | 3.85 | 5.00 | |||||
| Capex | — | — | — | 0.00 | 0.00 | (0.18) | (0.03) | (0.10) | (0.33) | (0.20) | |||||
| Free cash flow | — | — | — | 0.03 | 0.84 | 0.66 | 2.01 | 3.18 | 3.52 | 4.80 | |||||
| Book value | — | — | — | 0.00 | 2.18 | 9.68 | 7.99 | 7.12 | 9.86 | 12.73 | |||||
| Shares, m | — | — | — | 40 | 40 | 10 | 24 | 41 | 41 | 38 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 5.12 | 5.12 | 5.12 | 5.12 | 8.72 | 6.05 | 10.85 | ||||
| P/S | — | — | — | 0.00 | 0.00 | 0.00 | 0.45 | 1.16 | 0.66 | 1.16 | |||||
| P/B | — | — | — | 2.53 | 2.53 | 2.53 | 1.14 | 2.82 | 1.88 | 3.09 | |||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 0.00 | 0.16 | 0.90 | 0.39 | 0.84 | |||||
| EV/FCF | — | — | — | 0.00 | 0.00 | 0.00 | 1.41 | 4.90 | 3.17 | 5.92 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 1 | 33 | 9 | 50 | 133 | 158 | 191 | ||||
| Capex | — | — | — | (1) | (1) | (2) | (1) | (4) | (13) | (8) | |||||
| Free cash flow | — | — | — | 1 | 33 | 7 | 49 | 130 | 145 | 183 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 83 | 115 | 155 | 187 | 283 | 348 | ||||
| Total debt | — | — | — | — | 4 | 3 | 1 | 0 | 0 | 1 | |||||
| Net debt | — | — | — | — | (58) | (61) | (144) | (184) | (303) | (416) | |||||
| Shareholders’ equity | — | — | — | — | 87 | 99 | 195 | 290 | 405 | 486 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | 0.00 | 5.52 | 7.61 | 14.87 | 13.12 | 12.09 | ||||
| ROIC | — | — | — | — | 0.00 | 64.31 | 42.78 | 64.69 | 79.66 | 130.13 | |||||
| ROE | — | — | — | 0.00 | 0.00 | 11.29 | 15.70 | 38.76 | 36.17 | 30.83 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| FLYW Flywire Corporation | $2.4B | 68.3× | 32.7× | +27.18% (above 0%: growing) | n/m | +2.76% (above 0%: growing) | 100.00% | (1.65%) | Compare |
| CALX Calix, Inc | $2.3B | 46.2× | 47.2× | +21.27% (above 0%: growing) | n/m | −66.53% (below 0%: shrinking) | 54.59% | 7.45% | Compare |
| RAMP LiveRamp Holdings, Inc. | $2.3B | 15.1× | 13.4× | +9.84% (above 0%: growing) | +141.67% (above 0%: growing) | +200.97% (above 0%: growing) | 70.54% | 9.42% | Compare |
| INFQ Infleqtion, Inc. | $2.1B | — (loss-making) | — | — | n/m | +442.38% (above 0%: growing) | 16.01% | (220.55%) | Compare |
| GCT GigaCloud Technology Inc. | $2.1B | 13.6× | 7.7× | +27.60% (above 0%: growing) | +27.47% (above 0%: growing) | +21.82% (above 0%: growing) | 25.64% | 11.54% | |
| MQ Marqeta, Inc. | $2.0B | 170× | 104× | +17.02% (above 0%: growing) | n/m | +1,068.67% (above 0%: growing) | 69.25% | 2.07% | Compare |
| AI C3.ai, Inc. | $2.0B | — (loss-making) | — (loss-making) | −25.46% (below 0%: shrinking) | n/m | +106.02% (above 0%: growing) | 31.83% | (187.62%) | Compare |
| FORG ForgeRock, Inc. | $2.0B | — (loss-making) | — (loss-making) | +22.25% (above 0%: growing) | n/m | +28.02% (above 0%: growing) | 77.49% | (51.61%) | Compare |
| EVTC Evertec, Inc. | $1.9B | 20.3× | 10.0× | +19.69% (above 0%: growing) | −85.71% (below 0%: shrinking) | +20.64% (above 0%: growing) | 54.79% | 19.39% | Compare |
| Median of peers | $2.1B | 46.2× | 32.7× | +19.69% | — | +67.02% | 62.02% | 0.21% |
GigaCloud Technology Inc. (GCT) key facts
- Strength: GigaCloud Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 11.1% from fiscal 2024.
- GigaCloud Technology Inc. (GCT) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, GCT traded at $57.35, a market capitalization of $2.1 billion.
- Return on equity was 30.8% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 3.54 (safe zone) for fiscal 2025.