GCT Q4 2024 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q4 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$296M+20.9% YoY

Gross Profit

$65M22.0% margin

Operating Income

$28M9.3% margin

Net Income

$31M10.5% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

$67M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$665M

Stockholders' Equity

$405M

Cash & Equivalents

$260M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$296M	$245M	+20.9%
Gross Profit	$65M	$70M	-6.9%
Operating Income	$28M	$37M	-25.6%
Net Income	$31M	$36M	-13.0%

Revenue Segments

Product

$424M68%

Service

$182M29%

Packaging service

$16M3%

Service, Other

$4M1%