Filing Flows › GigaCloud Technology (GCT) › Q3 2026
GigaCloud Technology (GCT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
GigaCloud Technology (GCT) reported revenue of $424M for the third quarter 2026 (Q3 2026), +27% from a year earlier and +3% from the quarter before. Operating margin was 13.9%, net earnings $50.6M (11.9% of revenue).
GigaCloud Technology, Q3 2026: revenue $424M (+27% year over year), operating margin 13.9%, net earnings $50.6M, operating cash flow $56.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $424M | +3% | +27% |
| Gross profit | $105M | -0.3% | +37% |
| Operating profit | $59.0M | +24% | +46% |
| Net earnings | $50.6M | +20% | +36% |
| Operating cash flow | $56.4M | +16% | -28% |
| Free cash flow | $55.8M | +24% | -28% |
What changed
Revenue was $423.6M in Q3 2026, up 27% year over year and up 3% from the previous quarter. Product revenues was the largest line at 68% of revenue. Product revenues added $63.3M year over year (up 28%), 70% of the total change. Drayage service declined 7%.
Gross margin was 24.9%, up 1.7 points from Q3 2025. Operating profit was $59.0M, a 13.9% margin (up 1.8 points year over year). Of the extra revenue versus Q3 2025, 20% reached operating profit, above the 12% margin then. Operating expenses grew 27% against revenue growth of 27%. The fastest-growing cost line was Sales & marketing (+36%). Net earnings were $50.6M, up 36% year over year. The effective tax rate was 18.4%.
Operating cash flow was $56.4M (down 28% year over year), 111% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $879K of share-based compensation. Capital expenditures of $537K left free cash flow of $55.8M.
Questions
What was GigaCloud Technology's revenue in the third quarter 2026?
GigaCloud Technology (GCT) reported revenue of $424M for the third quarter 2026 (Q3 2026), +27% from a year earlier and +3% from the quarter before.
Was GigaCloud Technology profitable in the third quarter 2026?
Operating profit was $59.0M (13.9% of revenue) and net earnings $50.6M.