GCT Q3 2023 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$178M+39.2% YoY

Gross Profit

$49M27.4% margin

Operating Income

$32M17.8% margin

Net Income

$24M13.6% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

+16.4%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$43M

Stock-Based Comp.

$317,000

Balance Sheet

Total Assets

$530M

Total Liabilities

$276M

Stockholders' Equity

$254M

Cash & Equivalents

$214M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$178M	$128M	+39.2%
Gross Profit	$49M	$23M	+116.7%
Operating Income	$32M	$4M	+646.2%
Net Income	$24M	$657,000	+3583.7%