secwatch / observer

GigaCloud Technology Inc — fact timeline

Source-grounded facts extracted from GigaCloud Technology Inc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GCT GigaCloud Technology Inc JSON
Earnings Releases

GigaCloud Technology Inc reported second quarter of 2026 results: revenue $365 million and $390 million. Guidance initiated.

“The Company expects its total revenues to be betwe en $365 million and $390 million in t he second quarter of 2026.”
Earnings Releases

GigaCloud Technology Inc reported first quarter ended March 31, 2026 results: revenue $359.5 million, net income $38.1 million, EPS $1.04.

“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.”
Auditor Changes

GigaCloud Technology Inc engaged Grant Thornton LLP as its auditor.

“On March 2, 2026, the Audit Committee of the Board of Directors (the “ Audit Committee ”) of GigaCloud Technology Inc (the “ Company ”) approved the selection of Grant Thornton LLP (“ Grant Thornton ”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to the completion of Grant Thornton’s client acceptance and independence procedures and execution of an engagement letter. In connection with the Audit Committee’s responsibility for the appointment, retention and oversight of the work of the independent auditor, the Audit Committee has conducted a comprehensive review of the Company’s external audit requirements.”
Auditor Changes

GigaCloud Technology Inc dismissed KPMG Huazhen LLP as its auditor.

“the Audit Committee approved the dismissal of KPMG Huazhen LLP (“ KPMG ”) as the Company’s independent registered public accounting firm effective immediately”

Xiaoyang Wei was appointed as Chief Financial Officer at GigaCloud Technology Inc.

“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.”

Marshall Bernes was appointed as executive director at GigaCloud Technology Inc.

“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.”

Frank Hurst Lin resigned as director at GigaCloud Technology Inc.

“Mr. Frank Hurst Lin provided notice of his resignation from the board of directors (the “Board”) of GigaCloud Technology Inc (the “Company”), effective immediately.”

Xiaoyang Wei was named as Interim Chief Financial Officer at GigaCloud Technology Inc.

“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.”

Kwok Hei David Lau resigned as Chief Financial Officer at GigaCloud Technology Inc.

“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.”
Earnings Releases

GigaCloud Technology Inc reported first quarter ended March 31, 2024 results: revenue Total revenues of $251.1 million, net income Net income of $27.2 million, EPS Diluted EPS increased 69.2% to $0.66.

“2024, including substantial growth in revenue, gross profit, and net income over the comparable prior year period. First Quarter 2024 Financial Highlights • Total revenues of $251.1 million, increased 96.5% from $127.8 million in the first quarter of 2023. • Gross profit of $66.5 million, increased 124.7% from $29.6 million in the first quarter of 2023. Gross margin”
Earnings Releases

GigaCloud Technology Inc reported the quarter and year ended December 31, 2023 results: revenue $244.7 million, net income $35.6 million.

“today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights • Total revenues were $244.7 million in the fourth quarter of 2023, an increase of 94.8% from $125.6 million in the fourth quarter of 2022. • Gross profit was $69.8 million in the fourth quarter of 2023, an increase”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.