---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-25-000062"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:31:15.741986+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GigaCloud Q1 revenue +8.3% to $271.9M; net income flat; gross margin down; board adds $16M to buyback

## Summary
- Revenue $271.9M (+8.3% YoY); net income $27.1M (vs $27.2M); diluted EPS $0.68 (+3.0%).
- Gross profit $63.7M (-4.2%); gross margin 23.4% vs 26.5% YoY; adjusted EBITDA $33.2M (-3.8%).
- Marketplace GMV $1.42B (+56.1% trailing 12M); active buyers 9,966 (+81.4%); 3P sellers 1,154 (+33.4%).
- Q2 2025 revenue guidance: $275M-$305M.
- Board added $16M to share repurchase (total $78M); $61.8M deployed on 3.7M shares through May 12.

## SEC filing metadata
- accession: 0001857816-25-000062
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781625000062/0001857816-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781625000062/gct-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-25-000062
- JSON: https://secwatch.observer/filing/0001857816-25-000062.json
- Plain text: https://secwatch.observer/filing/0001857816-25-000062.txt

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