Gigacloud Technology Inc reports results for the quarter ended June 30 - Earnings Summary

GigaCloud Technology

06/08/2026 14:31

Gigacloud Technology Inc GCT.OQ reported quarterly adjusted earnings of $1.16​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 91 cents.  The mean expectation of three analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 76 cents to 85 cents per share.
Revenue rose 27.6% to $411.64 million from a year ago; analysts expected $380.60 million. 
Gigacloud Technology Inc's reported EPS for the quarter was $1.16​.
The company reported quarterly net income of $42.34 million.
Gigacloud Technology Inc shares had risen by 46.3% this quarter and gained 17.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 also "buy" 
Wall Street's median 12-month price target for Gigacloud Technology Inc is $44.00, about 5.1% below its last closing price of $46.24
This summary was machine generated from LSEG data August 6 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.81
1.16
Beat
Mar. 31 2026 
0.83
1.04
Beat
Dec. 31 2025 
0.73
1.04
Beat
Sep. 30 2025 
0.75
0.99
Beat