GigaCloud Technology (NASDAQ:GCT) reported record financial results for both the fourth quarter and full year of 2025 on February 26, highlighting strong earnings growth, expanding marketplace activity, and a solid cash position.
Fourth-quarter revenue increased 22.7% year over year to $362.7 million, while diluted earnings per share rose 36.8% to $1.04. For the full year, revenue climbed 11.1% to $1.29 billion, with diluted EPS advancing 17.7% to $3.59. Marketplace gross merchandise value (GMV) reached $1.58 billion, up 17.5%, supported by double-digit growth in both active sellers and buyers on the platform.
The company emphasized robust cash generation and financial flexibility, ending 2025 with $416.9 million in cash and investments and no outstanding debt. This balance sheet strength continues to support strategic investments as well as shareholder returns.
GigaCloud is currently executing a three-year share repurchase program totaling $111 million, approved in August 2025, and has already repurchased shares under the authorization. Looking ahead, the company guided first-quarter 2026 revenue to a range of $330 million to $355 million, signaling confidence in continued momentum driven by its diversified growth strategy.
More about GigaCloud Technology, Inc. Class A
GigaCloud Technology Inc. operates a B2B ecommerce platform focused on end-to-end solutions for large-parcel merchandise. Its GigaCloud Marketplace combines product discovery, payments, and logistics infrastructure, connecting manufacturers—primarily in Asia—with resellers across the United States, Asia, and Europe. Since launching in 2019 with a focus on furniture, the platform has expanded into additional categories including home appliances and fitness equipment.