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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GCT Semiconductor Holding, Inc. reported first quarter ended March 31, 2026 results: revenue $1.9 million.

Period: first quarter ended March 31, 2026
Revenue: $1.9 million
Result: reported results

Exact text from the filing

Quarter 2026 Financial Results Results compare the 2026 fiscal first quarter ended March 31, 2026, to the 2025 fiscal first quarter ended March 31, 2025. • Net revenues were $1.9 million, a 287 . 1% increase from $0.5 million. • Gross margin for the three months ended March 31, 2026 increased to 49.3% compared to 17.7% in the period ended March 31, 2025,

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Source: SEC EDGAR

accession 0000929638-26-001816

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