secwatch.observer — SEC 8-K summary
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Issuer:     GigaCloud Technology Inc (GCT)
CIK:        0001857816
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001857816-25-000120
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GigaCloud Q3 revenue $332.6M (+9.7% YoY), net income down 8.6% to $37.2M; diluted EPS $0.99 (+1% YoY)
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- Gross profit $77.0M (-0.4% YoY); gross margin fell to 23.2% from 25.5%.
- Adjusted diluted EPS $1.16 (+0.8% YoY); adjusted EBITDA $43.4M (-11.1% YoY).
- Marketplace GMV $1,488.5M (+20.7% YoY); active buyers up 33.8% to 11,419.
- Entered binding term sheet to acquire New Classic Home Furnishings for $18M cash.
- Board approved new $111.0M share repurchase program; $87M repurchased since IPO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857816/000185781625000120/0001857816-25-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857816/000185781625000120/gct-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001857816-25-000120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer