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GigaCloud Q1 FY26 net income rises 40.5% to USD 38.1 million; revenue increases 32.2% to USD 359.5 million

PUBT·05/07/2026 10:06:39
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GigaCloud Q1 FY26 net income rises 40.5% to USD 38.1 million; revenue increases 32.2% to USD 359.5 million
  • GigaCloud Technology first-quarter revenue rose 32.2% to USD 359.5 million, while net income climbed to USD 38.1 million from USD 27.1 million.
  • Diluted EPS increased 52.9% to USD 1.04, while gross margin widened 0.5 percentage points to 23.9%.
  • Adjusted EBITDA rose 37.3% to USD 45.6 million, while cash, restricted cash and investments fell 12.7% to USD 364 million as of March 31, 2026.
  • Marketplace GMV increased 17.5% to USD 1.66 billion for the 12 months ended March 31, 2026, while active buyers grew 25.2% to 12,473.
  • Second-quarter revenue forecast set at USD 365 million to USD 390 million, while first-quarter buybacks totaled 304,321 Class A shares for about USD 12.3 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GigaCloud Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070600PRIMZONEFULLFEED9715247) on May 07, 2026, and is solely responsible for the information contained therein.