GigaCloud Technology (GCT) Company Report

GigaCloud Technology Inc has entered into a definitive Share Purchase Agreement to acquire 100% of the outstanding equity of New Classic Home Furnishings, Inc..
The total consideration for the acquisition is $18 million on a debt-free basis, including a post-close earn-out, and will be funded from GigaCloud's existing cash on hand.
The transaction is expected to close on January 2, 2026, subject to the satisfaction of customary closing conditions.

3 days ago

8-K

GigaCloud Technology Reports Record Q3 2025 Results and Announces New Acquisition

GCT

Earnings

M&A

Guidance Update

GigaCloud Technology reported record quarterly revenue of $333 million, a 10% year-over-year increase, and a record quarterly EPS of $0.99 for Q3 2025.
The company announced the planned acquisition of New Classic Home Furniture, scheduled to close on January 1st, 2026, to expand into brick-and-mortar wholesale and further diversify its business.
Growth was significantly driven by international markets, with European revenues increasing 70% year-over-year to $100 million, which helped offset domestic softness.
For Q4 2025, GigaCloud Technology expects revenue to be between $328 million and $344 million.
The company maintains a debt-free balance sheet with $367 million in total liquidity and has executed approximately $16 million in share buybacks from its $111 million plan.

Nov 6, 2025, 11:00 PM

Transcript

GigaCloud Technology Reports Q3 2025 Results

GCT

Earnings

Revenue Acceleration/Inflection

Share Buyback

For Q3 2025, GigaCloud Technology reported Total Revenues of $303 million, Net Income of $41 million, and Diluted EPS of $0.99. Total Revenues increased by 10% from Q3 2024 to Q3 2025.
The company's GigaCloud Marketplace GMV reached $1.5 billion for the LTM ended September 30, 2025, representing a 21% year-over-year growth.
Active Buyers grew by 34% year-over-year to 11,419, and Active 3P Sellers increased by 17% year-over-year to 1,232 for the LTM ended September 30, 2025.
As of September 30, 2025, GigaCloud Technology held $367 million in Cash, Equivalents, Restricted Cash & Investments and generated $261 million in Operating Cash Flow.
The company repurchased $16 million in Class A shares under its 2025 authorization.

Nov 6, 2025, 11:00 PM

Presentation

GigaCloud Technology Reports Strong Q3 2025 Results and Announces New Acquisition

GCT

Earnings

M&A

Guidance Update

GigaCloud Technology reported strong Q3 2025 results, with revenue reaching a new quarterly high of $333 million, representing 10% year-over-year growth, and a record quarterly EPS of $0.99. The company also generated $78 million in operating cash flows and maintained a debt-free balance sheet with $367 million in total liquidity.
The company announced the planned acquisition of New Classic Home Furnishings, expected to close on January 1st, 2026, to strategically diversify into brick-and-mortar wholesale. This follows the successful optimization of the Noble House portfolio, which returned to profitability and growth in Q3 2025.
The marketplace continued its momentum, with trailing 12-month GMV growing 21% to nearly $1.5 billion and European revenues increasing 70% year-over-year to $100 million. For Q4 2025, GigaCloud anticipates revenue to be between $328 million and $344 million.

Nov 6, 2025, 11:00 PM

Transcript

GigaCloud Technology Reports Strong Q3 2025 Results and Announces New Acquisition

GCT

Earnings

M&A

Guidance Update

GigaCloud Technology reported strong Q3 2025 financial results, achieving a record $333 million in quarterly revenue, representing 10% year-over-year growth, and a record $0.99 in quarterly EPS.
The company announced the strategic acquisition of New Classic Home Furnishings, expected to close on January 1, 2026, aiming to expand into brick-and-mortar wholesale and further diversify its business.
GigaCloud's marketplace demonstrated continued momentum, with trailing 12-month GMV reaching nearly $1.5 billion, an increase of 21%, driven by strong international growth, particularly in Europe where revenues rose 70% year-over-year to $100 million.
The previously acquired Noble House portfolio returned to profitability and growth in Q3 2025 following successful optimization efforts.
For Q4 2025, GigaCloud provided revenue guidance between $328 million and $344 million , and has executed $16 million in share buybacks under its $111 million plan.

Nov 6, 2025, 11:00 PM

Transcript

GigaCloud Technology Inc. Announces Q3 2025 Financial Results, Acquisition, and Outlook

GCT

Earnings

M&A

Guidance Update

GigaCloud Technology Inc. reported Q3 2025 total revenues of $332.6 million, a 9.7% increase year-over-year, and diluted EPS of $0.99, up 1.0% year-over-year.
The company announced a binding term sheet to acquire 100% of New Classic Home Furnishings, Inc. for $18 million in cash, further expanding its B2B marketplace.
For the fourth quarter of 2025, GigaCloud expects total revenues to be between $328 million and $344 million.
Operational highlights for the 12 months ended September 30, 2025, include a 20.7% year-over-year increase in GigaCloud Marketplace GMV to $1,488.5 million and a 33.8% increase in active buyers to 11,419.
The Board of Directors approved a new $111.0 million share repurchase program on August 13, 2025, effective for three years.

Nov 6, 2025, 9:04 PM

8-K

GigaCloud Technology Inc Announces Planned Acquisition of New Classic Home Furnishings

GCT

M&A

New Projects/Investments

GigaCloud Technology Inc (GCT) announced a binding term sheet to acquire 100% of the outstanding equity interest of New Classic Home Furnishing, Inc. for $18 million.
New Classic Home Furnishing, Inc. is a profitable U.S.-based furniture distributor with 25 years of history, generating approximately $70 million in annual revenues.
The acquisition is expected to close on January 1, 2026, and will be funded from GigaCloud’s existing cash on hand.
This strategic acquisition expands GigaCloud’s B2B ecosystem into Brick-and-Mortar Wholesale and diversifies its supply chain.

Oct 24, 2025, 10:15 AM

8-K

GigaCloud Technology Discusses Marketplace Growth, Financial Strength, and Strategic Expansion

GCT

M&A

Revenue Acceleration/Inflection

New Projects/Investments

GigaCloud Technology (GCT) operates a global B2B marketplace for big and bulky products, reporting $1.4 billion in GMV with 31% year-over-year growth. The company maintains a strong financial position with over $300 million in cash and no debt.
The marketplace connects 1,169 manufacturers and 10,951 resellers, with 3P GMV growing 33% to $758 million. Buyer growth was 51%, with an average spend of $131,000.
Strategic initiatives include expanding into the European Union and Canada, with the EU showing significant growth potential for 3P sellers. GCT is actively pursuing acquisitions in technology, brick-and-mortar expansion, and European infrastructure.
Despite a challenging economic environment, GCT successfully turned the acquired Noble House business from a 7% loss to a 7% positive contribution. However, the company anticipates a 2.5% margin compression in the next quarter due to tariffs and pricing dynamics.

Sep 17, 2025, 3:30 PM

Transcript

GigaCloud Expands Share Repurchase Program

GCT

Share Buyback

GigaCloud Technology Inc increased its Class A share repurchase program by $16 million, bringing total authorization to $62 million from the previously authorized $46 million.
The repurchase program runs until August 28, 2025, allowing the company to buy shares through various transaction methods, subject to market conditions and operational factors.