---
schema_version: "secwatch.filing_event.v1"
accession: "0001857816-26-000054"
form_type: "8-K"
ticker: "GCT"
cik: "0001857816"
company_name: "GigaCloud Technology Inc"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:01:55.650449+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GigaCloud Q1 revenue up 32% to $359.5M, net income $38.1M; guides Q2 $365-390M

## Summary
- Revenue $359.5M (+32.2% YoY); net income $38.1M (+40.6% YoY); diluted EPS $1.04 (+52.9% YoY).
- Adjusted EBITDA $45.6M (+37.3% YoY); adjusted diluted EPS $1.24 (+49.4% YoY).
- Marketplace GMV $1.66B (+17.5% YoY); active buyers up 25.2% to 12,473.
- Q2 revenue guidance $365M-$390M; cumulative buybacks $113.5M; $68.3M remaining.
- Share repurchases: 304k shares ($12.3M) in Q1; 200k shares ($9M) post-Q1.

## SEC filing metadata
- accession: 0001857816-26-000054
- form_type: 8-K
- ticker: GCT
- cik: 0001857816
- company_name: GigaCloud Technology Inc
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/0001857816-26-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/gct-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857816-26-000054
- JSON: https://secwatch.observer/filing/0001857816-26-000054.json
- Plain text: https://secwatch.observer/filing/0001857816-26-000054.txt

## Source-grounded claims
- claim_id: 63f40c29136f2289230d87a552cafff3c0f80382
  claim: GigaCloud Technology Inc reported second quarter of 2026 results: revenue $365 million and $390 million. Guidance initiated.
  evidence_excerpt: The Company expects its total revenues to be betwe en $365 million and $390 million in t he second quarter of 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/0001857816-26-000054-index.htm
- claim_id: ff257848ca7fba57147b6d6d125f9e2419fad4eb
  claim: GigaCloud Technology Inc reported first quarter ended March 31, 2026 results: revenue $359.5 million, net income $38.1 million, EPS $1.04.
  evidence_excerpt: Total revenues of $359.5 million, increased 32.2% year-over-year. • Gross profit of $85.8 million, increased 34.7% year-over-year. Gross margin was 23.9%, compared to 23.4% in the first quarter of 2025. • Net income of $38.1 million, compared to $27.1 million reported in the prior-year period. Net income margin was 10.6%, compared to 10.0% in the first quarter of 2025. Diluted EPS increased 52.9% year-over-year to $1.04.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/0001857816-26-000054-index.htm

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