Quarterly ResultAug 6, 2026, 06:18 AM
GigaCloud Q2 Revenue $411.6M, Net Income $42.3M, EPS $1.16
AI Summary
GigaCloud Technology Inc reported strong financial results for the second quarter and first half ended June 30, 2026. Total revenues for Q2 increased by 27.6% year-over-year to $411.6 million, with net income rising 22.5% to $42.3 million and diluted EPS reaching $1.16. For the first half of 2026, revenues grew 29.7% to $771.1 million, and net income increased 30.4% to $80.5 million. The company also repurchased $42.3 million in ordinary shares during the first six months.
Key Highlights
- Q2 2026 Total Revenues: $411.6 million, up 27.6% YoY.
- Q2 2026 Net Income: $42.3 million, up 22.5% YoY.
- Q2 2026 Diluted EPS: $1.16, up 27.5% YoY.
- H1 2026 Total Revenues: $771.1 million, up 29.7% YoY.
- H1 2026 Net Income: $80.5 million, up 30.4% YoY.
- H1 2026 Net cash from operating activities: $26.7 million.
- H1 2026 Share repurchases: $42.3 million.
- Total Shareholders' Equity: $534.0 million as of June 30, 2026.
Price Impact
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