GigaCloud Technology Q2 revenue up 3.8%

GigaCloud Technology

07/08/2025 21:11

Overview

GigaCloud Q2 revenue rises 3.8% yr/yr to $322.6 mln

Adjusted EBITDA of $43.3 mln beats analyst expectations, per LSEG data

Co repurchased 4.3 mln shares for $71 mln under share buyback program

Outlook

Company expects Q3 2025 revenue between $295 mln and $310 mln

Result Drivers

NOBLE HOUSE PORTFOLIO - Accelerating performance from Noble House portfolio contributed significantly to margins

MARKETPLACE GMV GROWTH - GigaCloud Marketplace GMV increased 31% year-over-year, supporting revenue growth

EUROPEAN EXPANSION - Co expanding European footprint to grow scale to match U.S. market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$322.60 mln
Q2 Net Income
$34.60 mln
Q2 Adjusted EBITDA
Beat
$43.30 mln
$31.50 mln (3 Analysts)
Q2 Gross Margin
Miss
23.9%
290100000% (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $26.00, about 15.7% above its August 6 closing price of $21.91

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nGNXGt1DP

(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.)