GigaCloud (GCT) Q3 2026: record revenue of $424M, up 27% year-over-year
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Revenue: $424 million, up 27% year-over-year (23% organic, 4% inorganic from New Classic). EPS: $1.41, up 42% year-over-year. Service Revenue: $136 million, up 26% year-over-year. Service Gross Margin: 15.3%, up 3.6% sequentially.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong revenue and net income growth could support the stock, though total gross margin declined sequentially.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Revenue was $424 million, up 27% year-over-year.
- 02Net income was $51 million, up 36% year-over-year.
- 03Total gross margin fell to 24.9% from 25.6% in the previous quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets