---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-24-000046"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:58:36.294576+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# GigaCloud Q4 revenue up 94.8% YoY to $244.7M; net income $35.6M (+184.8%)

## Summary
- Full-year 2023 revenue $703.8M (+43.6%); net income $94.1M (+292.1%); adjusted EBITDA $118.3M (+183.0%).
- Completed acquisitions of Noble House ($77.6M) and Wondersign ($10M) in Q4; added 2.4M sq ft U.S. warehousing.
- March 9 warehouse fire in Japan; estimated $1.8M inventory loss, fully insured; operations shifted to other warehouses.
- Q1 2024 revenue guidance $230-240M; share repurchase program $25M, $1.6M used through Dec 31, 2023.
- Active 3P sellers rose 45.5% to 815; Marketplace GMV $794.4M (+53.3%) in trailing 12 months.

## SEC filing metadata
- accession: 0001857816-24-000046
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000046/0001857816-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000046/gct-20240315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-24-000046
- JSON: https://secwatch.observer/filing/0001857816-24-000046.json
- Plain text: https://secwatch.observer/filing/0001857816-24-000046.txt

## Key facts
- Earnings Releases
  GigaCloud Technology Inc reported the quarter and year ended December 31, 2023 results: revenue $244.7 million, net income $35.6 million.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $244.7 million
  - Net income: $35.6 million
  - Result: reported results
  source text: today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights • Total revenues were $244.7 million in the fourth quarter of 2023, an increase of 94.8% from $125.6 million in the fourth quarter of 2022. • Gross profit was $69.8 million in the fourth quarter of 2023, an increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000046/0001857816-24-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.