earnings
confidence high
sentiment positive
materiality 0.65
GCT Semiconductor Q1 revenue up 287% YoY to $1.9M; 5G chipset shipments up 58% sequentially
GCT Semiconductor Holding, Inc.
2026-Q1 EPS reported
-$0.15
revenue$1,920,000
- Revenue $1.9M (+287% YoY); gross margin improved to 49.3% from 17.7%.
- 5G chipset shipments totaled 3,000 units in Q1, up ~58% sequentially.
- Operating expenses fell 9.6% to $7.1M; cash balance $7.2M at March 31.
- Expanded licensing deal with a large satellite provider; initial 5G chipset shipments to partner on track for H2 2026.
- Company expects sequential quarterly growth in 5G chipset shipments throughout 2026.