GigaCloud Q3 revenue rises

GigaCloud Technology

06/11/2025 21:30

Overview

GigaCloud Q3 revenue grows 9.7% yr/yr to $332.6 mln

Adjusted EBITDA beats analyst expectations despite challenging environment

Company plans $18 mln acquisition of New Classic Home Furnishings

Outlook

GigaCloud expects Q4 2025 revenue between $328 mln and $344 mln

Result Drivers

MARKETPLACE GROWTH - GigaCloud Marketplace GMV increased 20.7% yr/yr, indicating strong demand and engagement

DISCIPLINED EXECUTION - CEO cites resilience and disciplined execution as key to scaling in a difficult environment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$332.6 mln
Q3 Net Income
$37.2 mln
Q3 Adjusted EBITDA
Beat
$43.4 mln
$33.1 mln (4 Analysts)
Q3 Gross Margin
23.2%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for GigaCloud Technology Inc is $34.50, about 20.6% above its November 5 closing price of $27.38

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX3RvZ1c

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)