Highest-materiality recent filing
GigaCloud CEO's entity pledges up to 700k shares via prepaid forward contract
CEO Lei Wu's affiliate filed Form 144 to enter a PVFC pledging up to 700,000 Class A shares (1.9% of total outstanding).
GigaCloud Q1 revenue up 32% to $359.5M, net income $38.1M; guides Q2 $365-390M
Revenue $359.5M (+32.2% YoY); net income $38.1M (+40.6% YoY); diluted EPS $1.04 (+52.9% YoY).
Marshall Bernes, Head of Brand Center, to retire within 6 months; will remain on board
Marshall Bernes informed GigaCloud of his intention to retire as executive officer within the next six months.
GigaCloud sets 2026 annual meeting for July 10; record date April 28
Annual meeting of shareholders scheduled for July 10, 2026.
GigaCloud replaces KPMG Huazhen with Grant Thornton as independent auditor for FY2026
Audit Committee selected Grant Thornton LLP for fiscal 2026, subject to client acceptance and engagement letter.
GigaCloud Q4 revenue $362.7M (+22.7% YoY), diluted EPS $1.04, record results
Q4 revenue $362.7M (+22.7% YoY); net income $38.5M (+24.2%); diluted EPS $1.04 (+36.8%).
GigaCloud completes $18M acquisition of New Classic Home Furnishings
Acquired 100% equity of New Classic Home Furnishings for $18M on a debt-free basis including earn-out.
Total consideration of $18 million on a debt-free basis, including post-close earn-out; funded from existing cash.
Gross profit $77.0M (-0.4% YoY); gross margin fell to 23.2% from 25.5%.
GigaCloud to acquire New Classic Home Furnishing for $18M, expanding into brick-and-mortar wholesale
Acquisition of 100% of New Classic Home Furnishing for $18M in cash; expected close Jan 1, 2026.
Director Lorri Kelley resigned effective Aug 16, replaced by Kerry Lebensburger (former Ashley Furniture President) on Aug 17.
GigaCloud posts record Q2 revenue $322.6M; net income up 28.1%, diluted EPS $0.91
Q2 2025 revenues $322.6M (+3.8% YoY) record high; net income $34.6M (+28.1%), diluted EPS $0.91 (+40% YoY).
GigaCloud shareholders ratify KPMG as auditor, approve say-on-pay, choose 3-year frequency
Ratified KPMG Huazhen LLP as independent auditor for FY2025; 92.4M for, 541K against, 20K abstain.
Revenue $271.9M (+8.3% YoY); net income $27.1M (vs $27.2M); diluted EPS $0.68 (+3.0%).
GigaCloud increases share repurchase program by $16M to $62M total
Board approved an additional $16 million, raising total authorization to $62 million.
GigaCloud schedules 2025 annual meeting for July 11; record date April 28
Board set 2025 annual meeting for July 11, 2025.
GigaCloud reports 2024 revenue >$1B (+65%); Q4 net income down 13%; appoints CFO
Q4 2024 revenue $295.8M (+20.9% YoY), net income $31.0M (-12.9%), diluted EPS $0.76 (-12.6%).
GigaCloud director Frank Hurst Lin resigns; Marshall Bernes appointed to board
Frank Hurst Lin retired from GigaCloud board effective Nov 6, 2024; no disagreement with company.
GigaCloud Q3 revenue $303.3M (+70% YoY), net income $40.7M (+68%)
Revenue $303.3M, up 70.2% YoY; gross profit $77.3M, up 58.1%.
GigaCloud announces $46M share repurchase program over 12 months
Board approved repurchase of up to $46 million of Class A ordinary shares over next 12 months.
GigaCloud CFO David Lau resigns; VP Finance Erica Wei named interim CFO
David Lau resigns as CFO effective Aug 19, 2024 to pursue other interests; advisory role until Sep 19.
GigaCloud Q2 revenue doubles to $310.9M, adjusted EPS $1.03 beats year ago $0.61
Total revenues $310.9M, up 103.1% YoY; net income $27.0M, up 46.7%.
GigaCloud shareholders approve amended articles and auditor ratification at AGM
Proposal 1 (amended articles): 88,454,270 for, 59,430 against, 49,984 abstain; broker non-votes 7,535,028.
GigaCloud refutes short-seller report, cites 130K monthly visits and 5,010 active buyers
Company provides third-party data showing ~130,000 visits and 11,000 unique visitors in April 2024.
GigaCloud Q1 revenue jumps 96.5% to $251.1M; guides Q2 revenue $265-280M
Revenue $251.1M (+96.5% YoY); net income $27.2M (+71.1%); diluted EPS $0.66 (+69.2%).
GigaCloud Q4 revenue up 94.8% YoY to $244.7M; net income $35.6M (+184.8%)
Full-year 2023 revenue $703.8M (+43.6%); net income $94.1M (+292.1%); adjusted EBITDA $118.3M (+183.0%).
GigaCloud sets 2024 annual meeting for June 14; record date April 23, 2024
Annual meeting scheduled for June 14, 2024.
On February 26, 2025 , the Board of Directors of the Company approved the appointment of Ms. Xiaoyang Wei, Erica, 33, as the Company’s Chief Financial Officer, effective immediately.
Mr. Frank Hurst Lin provided notice of his resignation from the board of directors (the “Board”) of GigaCloud Technology Inc (the “Company”), effective immediately.
the Board approved the appointment of Mr. Marshall Bernes as an executive director to fill the vacancy on the Board, effective as of November 11, 2024.
On August 4, 2024, GigaCloud Technology Inc (the “Company”) received a notice of resignation from Mr. Kwok Hei David Lau, its Chief Financial Officer, effective August 19, 2024.
In the interim, the Company’s Vice President of Finance, Ms. Xiaoyang Wei, Erica, will be named Interim Chief Financial Officer and will assume the duties as the principal financial officer and principal accounting officer for the Company, effective August 19, 2024.
Max materiality 0.85 · Median 0.60 · Most common event earnings