GigaCloud Technology Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.16B | $703.8M | $490.1M | $414.2M | $275.5M |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | $300.7M | $285.2M | $188.6M | $83.1M | $89.6M | $75.1M |
| Gross Margin | 23.3% | 24.6% | 26.8% | 17.0% | 21.6% | 27.3% |
| Operating Expenses | ||||||
| Research & Development | $10.8M | $9.8M | $3.9M | $1.4M | $0 | $0 |
| SG&A Expense | $46.6M | $73.9M | $30.0M | $22.6M | $24.5M | $8.7M |
| Operating Income | $145.0M | $130.6M | $110.1M | $35.0M | $39.4M | $44.2M |
| Operating Margin | 11.2% | 11.3% | 15.6% | 7.1% | 9.5% | 16.0% |
| Interest Expense | — | — | $1.2M | $568.0K | $309.0K | $46.0K |
| Pretax Income | $161.2M | $140.6M | $115.0M | $31.2M | $37.7M | $45.3M |
| Income Tax Expense | $23.8M | $14.8M | $20.9M | $7.2M | $8.5M | $7.8M |
| Net Income | $137.4M | $125.8M | $94.1M | $24.0M | $29.3M | $37.5M |
| Net Margin | 10.6% | 10.8% | 13.4% | 4.9% | 7.1% | 13.6% |
| EPS (Basic) | $3.60 | $3.06 | $2.31 | $0.60 | $0.44 | $0.68 |
| EPS (Diluted) | $3.59 | $3.05 | $2.30 | $0.60 | $0.44 | $0.68 |
| Shares Outstanding (Basic) | 38.2M | 41.1M | 40.8M | 24.4M | 20.5M | 19.0M |
| Shares Outstanding (Diluted) | 38.2M | 41.2M | 40.9M | 24.4M | 20.5M | 19.0M |
| Dividends Per Share | — | — | — | — | — | — |