GigaCloud Technology Inc
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout 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.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders’ Equity
| Note · Class Aordinary shares · Class Bordinary shares · Treasury shares · Additional paid-in capital · Accumulated other comprehensive income (loss) · Retained earnings · Totalshareholders' equity | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of ordinary shares · Number of ordinary shares · Number of ordinary shares | ||||||||||||||||||||||
| Balance as of January 1, 2025 | 32,269,345 | $1,643 | 8,076,732 | $403 | 609,390 | $(11,816) | $120,262 | $(4,136) | $298,861 | $405,217 | ||||||||||||
| Net income | — | — | — | — | — | — | — | — | 137,372 | 137,372 | ||||||||||||
| Share-based compensation | 13 | 395,012 | 19 | — | — | (44,657) | — | 4,931 | — | — | 4,950 | |||||||||||
| Share repurchase | 12 | (3,826,670) | — | — | — | 3,826,670 | (67,403) | — | — | — | (67,403) | |||||||||||
| Re-designated ordinary shares from Class B to Class A | 12 | 800,000 | 40 | (800,000) | (40) | — | — | — | — | — | — | |||||||||||
| Foreign currency translation adjustment, net of nil income taxes | — | — | — | — | — | — | — | 1,524 | — | 1,524 | ||||||||||||
| Net unrealized loss on available-for-sale investments | 2(ab) | — | — | — | — | — | — | — | (4) | — | (4) | |||||||||||
| Intra-entity foreign currency transactions gain | — | — | — | — | — | — | — | 4,144 | — | 4,144 | ||||||||||||
| Release of foreign currency translation reserve related to liquidation of subsidiaries | — | — | — | — | — | — | — | (1) | — | (1) | ||||||||||||
| Retirement of shares | 12 | — | (207) | — | — | (4,154,134) | 72,093 | (36,519) | — | (35,367) | — | |||||||||||
| Balance as of December 31, 2025 | 29,637,687 | $1,495 | 7,276,732 | $363 | 237,269 | $(7,126) | $88,674 | $1,527 | $400,866 | $485,799 | ||||||||||||
| Note · Class Aordinary shares · Class Bordinary shares · Treasury shares · Additional paid-in capital · Accumulated other comprehensive income (loss) · Retained earnings · Totalshareholders' equity | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of ordinary shares · Number of ordinary shares · Number of ordinary shares | ||||||||||||||||||||||||
| Balance as of January 1, 2024 | 31,455,148 | $1,584 | 9,326,732 | $466 | 294,029 | $(1,594) | $111,736 | $526 | $177,698 | $290,416 | ||||||||||||||
| Net income | — | — | — | — | — | — | — | — | 125,808 | 125,808 | ||||||||||||||
| Share-based compensation | 13 | 584,117 | 29 | — | — | (34,171) | — | 16,869 | — | — | 16,898 | |||||||||||||
| Exercise of warrants | 14 | 13,372 | 1 | — | — | — | — | (1) | — | — | — | |||||||||||||
| Re-designated ordinary shares from Class B to Class A | 12 | 1,250,000 | 63 | (1,250,000) | (63) | — | — | — | — | — | — | |||||||||||||
| Share repurchase | 12 | (1,033,292) | — | — | — | 1,033,292 | (23,243) | — | — | — | (23,243) | |||||||||||||
| Foreign currency translation adjustment, net of nil income taxes | — | — | — | — | — | — | — | (1,266) | — | (1,266) | ||||||||||||||
| Net unrealized gain on available-for-sale investments | 2(ab) | — | — | — | — | — | — | — | 7 | — | 7 | |||||||||||||
| Intra-entity foreign currency transactions gain (loss) | — | — | — | — | — | — | — | (2,565) | — | (2,565) | ||||||||||||||
| Release of foreign currency translation reserve related to liquidation of subsidiaries | — | — | — | — | — | — | — | (838) | — | (838) | ||||||||||||||
| Retirement of shares | 12 | — | (34) | — | — | (683,760) | 13,021 | (8,342) | — | (4,645) | — | |||||||||||||
| Balance as of December 31, 2024 | 32,269,345 | $1,643 | 8,076,732 | $403 | 609,390 | $(11,816) | $120,262 | $(4,136) | $298,861 | $405,217 | ||||||||||||||
| Note · Class Aordinary shares · Class Bordinary shares · Treasury shares · Subscription receivable from ordinary shares · Additional paid-in capital · Accumulated other comprehensive income · Retained earnings · Totalshareholders' equity | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of ordinary shares · Number of ordinary shares · Number of ordinary shares | ||||||||||||||||||||||||||
| Balance as of January 1, 2023 | 31,357,814 | $1,568 | 9,326,732 | $466 | 4,624,039 | $(231) | $(81) | $109,049 | $804 | $83,590 | $195,165 | |||||||||||||||
| Net income | — | — | — | — | — | — | — | — | — | 94,108 | 94,108 | |||||||||||||||
| Shares issued for share-based compensation | — | — | — | — | 68,283 | — | — | — | — | — | — | |||||||||||||||
| Share-based compensation | 13 | 312,535 | 16 | — | — | (4,613,494) | 231 | 81 | 2,687 | — | — | 3,015 | ||||||||||||||
| Share repurchase | 12 | (215,201) | — | — | — | 215,201 | (1,594) | — | — | — | — | (1,594) | ||||||||||||||
| Foreign currency translation adjustment, net of nil income taxes | — | — | — | — | — | — | — | — | (278) | — | (278) | |||||||||||||||
| Balance as of December 31, 2023 | 31,455,148 | $1,584 | 9,326,732 | $466 | 294,029 | $(1,594) | $— | $111,736 | $526 | $177,698 | $290,416 | |||||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.