secwatch.observer — SEC 8-K summary
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Issuer:     GigaCloud Technology Inc (GCT)
CIK:        0001857816
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001857816-26-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/0001857816-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857816/000185781626000054/gct-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001857816-26-000054

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