GigaCloud Technology reported record third-quarter revenue, net income and diluted earnings per share, with year-over-year growth in each. Profitability also improved: gross and net margins both widened from a year earlier.
The company’s announcement covers the three and nine months ended September 30, 2026. The figures below are the reported third-quarter highlights.
- Revenue: $423.6 million, up 27.4% from the third quarter of 2025.
- Gross profit and margin: Gross profit rose 36.8% to $105.3 million. Gross margin increased to 24.9%, from 23.2% a year earlier.
- Net income and margin: Net income grew 36.0% to $50.6 million, while net income margin rose to 11.9% from 11.2%.
- Earnings per share: Diluted EPS increased 42.4% to $1.41. Adjusted diluted EPS rose 49.1% to $1.73.
- Adjusted EBITDA: $61.8 million, up 42.4% year over year.
- Cash and investments: Cash, restricted cash and investments totaled $418.0 million at September 30, compared with $416.9 million at December 31, 2025.
The results show revenue growth accompanied by faster growth in gross profit and net income, alongside higher reported margins. The reported cash, restricted cash and investments total was nearly unchanged from year-end.