GigaCloud reports record second quarter revenue and EPS
Total revenues grew 27.6% to $411.6 million; net income rose 22.3% to $42.3 million, with diluted EPS of $1.16.
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B2B marketplace for furniture and bulky goods
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In short: GigaCloud achieved record financial results in 2026, with Q2 revenue reaching $411.6 million amid strategic acquisitions and global growth.
Total revenues grew 27.6% to $411.6 million; net income rose 22.3% to $42.3 million, with diluted EPS of $1.16.
He explains mission of digital supply chain for large parcels, highlights Wonder and New Classic acquisitions, and reaffirms B2B-only focus after a B2C failure.
Delayed payments decreased to 52 suppliers, with late payments totaling $2.3 million, a year-over-year improvement.
Revenue growth reflects strong execution and model resilience.
Detailed price information for Gigacloud Technology Inc Cl A (GCT-Q) from The Globe and Mail including charting and trades.
Europe GMV rose 66% year-over-year, and Q2 revenue grew 28% with record EPS and a new $120M buyback.
GigaCloud has built a profitable niche in oversized ecommerce, pairing rapid earnings growth with an asset-light logistics model that could still leave room for the stock to climb.
GigaCloud Technology Inc (GCT) reports 28% revenue growth to $412 million, with strong European expansion and stabilizing New Classic acquisition.
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