Short answer
GigaCloud Technology Inc (GCT) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $359M (up 32.2% year over year) with net income of $38M.
Q1 2026 key financials · XBRL
- Revenue
- $359M
- +32.2% YoY
- Net income
- $38M
- +40.4% YoY
- Operating margin
- 11.8%
- Gross margin
- 23.9%
- EPS (diluted)
- $1.04
- +52.9% YoY
Source: XBRL data from the GigaCloud Technology Inc (GCT) Q1 2026 10-Q on SEC EDGAR. USD.
GigaCloud Technology Inc Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Capital expenditures $4.5 million, up from $2.4 million YoY
- Lease commitments $523.605 million, including $91.710 million due within 2026
- Future capital expenditures funded by cash, short-term investments, and operating cash flows
- No material adverse trends or uncertainties identified for the quarter
Risk Factors
- Operating cash outflow $21.7 million versus $9.4 million inflow, driven by inventory purchases and reduced supplier credit after New Classic acquisition
- Liquidity risk from expanded warehouse and logistics investment, with potential for additional operating cash outflows
- Supplier-payment risk from shorter terms and reduced supplier credit utilization following New Classic acquisition
- Share-repurchase liquidity risk, with $77.358 million remaining under the $111.0 million authorization
- Demand and macroeconomic risk from inventory expansion if anticipated sales fail to materialize
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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