GigaCloud Technology Inc

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

GCT$61.77+4.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	December 31,
Note · 2025 · 2024
ASSETS
Current assets
Cash and cash equivalents	2(f)	$379,780		$259,759
Restricted cash	2(g)	760		685
Accounts receivable, net	2(h),4	65,973		57,313
Investments	2(ab)	36,316		42,674
Inventories	2(i),5	188,298		172,489
Prepayments and other current assets	6	19,535		14,672
Total current assets		690,662		547,592
Non-current assets
Operating lease right-of-use assets	2(o),11	431,455	451,930
Property and equipment, net	2(j), 2(ac),7	32,281	29,498
Intangible assets, net	2(n),8	4,978	6,198
Goodwill	2(m),8	12,586	12,586
Deferred tax assets	2(x),15	12,981	10,026
Other non-current assets		17,516	12,645
Total non-current assets		511,797		522,883
Total assets		$1,202,459		$1,070,475

	December 31,
Note · 2025 · 2024
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable	9	$105,407		$78,163
Contract liabilities	2(h), 17	6,459		4,486
Current operating lease liabilities	2(o), 11	100,326		88,521
Income tax payable	2(x), 15	17,509		13,615
Accrued expenses and other current liabilities	10	112,547		79,594
Total current liabilities		342,248		264,379
Non-current liabilities
Operating lease liabilities, non-current	2(o), 11	368,321		395,235
Deferred tax liabilities	2(x), 15	797		941
Finance lease obligations, non-current	2(o), 11	690		382
Non-current income tax payable	2(x), 15	4,604		4,321
Total non-current liabilities		374,412		400,879
Total liabilities		$716,660		$665,258
Commitments and contingencies	2(e), 18
Shareholders’ equity
Treasury shares, at cost (237,269 and 609,390 shares held as of December 31, 2025 and 2024, respectively)	12	(7,126)		(11,816)
Class A ordinary shares ($0.05 par value, 50,673,268 shares authorized, 30,011,543 and 32,878,735 shares issued as of December 31, 2025 and 2024, respectively, 29,637,687 and 32,269,345 shares outstanding as of December 31, 2025 and 2024, respectively)	12, 13	1,495	1,643
Class B ordinary shares ($0.05 par value, 9,326,732 shares authorized, 7,276,732 and 8,076,732 shares issued and outstanding as of December 31, 2025 and 2024, respectively)	12, 13	363	403
Additional paid-in capital		88,674		120,262
Accumulated other comprehensive income (loss)		1,527		(4,136)
Retained earnings		400,866		298,861
Total shareholders’ equity		485,799		405,217
Total liabilities and shareholders’ equity		$1,202,459		$1,070,475

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.