Filing Flows › GCT Semiconductor Holding (GCTS) › Q2 2026
GCT Semiconductor Holding (GCTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
GCT Semiconductor Holding (GCTS) reported revenue of $971K for the second quarter 2026 (Q2 2026), -18% from a year earlier and -49% from the quarter before. Operating margin was -763.6%.
GCT Semiconductor Holding, Q2 2026: revenue $971K (-18% year over year), operating margin -763.6%, net loss $20.4M, operating cash flow −$16.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $971K | -49% | -18% |
| Operating profit | −$7.4M | — | — |
| Net earnings | −$20.4M | — | — |
| Operating cash flow | −$16.6M | — | — |
What changed
Revenue was $1.0M in Q2 2026, down 18% year over year and down 49% from the previous quarter. Service was the largest line at 59% of revenue. Service lost $205K year over year (down 26%), 97% of the total change.
Operating costs exceeded revenue by $7.4M, an operating margin of -763.6%. The quarter ended with a net loss of $20.4M, wider than the previous quarter's $9.9M loss. Net interest and other expense of $12.9M was the main reason.
Operating cash flow was −$16.6M. Non-cash charges added back $278K of depreciation and amortization and $344K of share-based compensation. Working capital and other items added $3.2M. Capital expenditures of $321K exceeded it, leaving free cash flow of −$16.9M.
Questions
What was GCT Semiconductor Holding's revenue in the second quarter 2026?
GCT Semiconductor Holding (GCTS) reported revenue of $971K for the second quarter 2026 (Q2 2026), -18% from a year earlier and -49% from the quarter before.
Was GCT Semiconductor Holding profitable in the second quarter 2026?
Operating loss was $7.4M (-763.6% of revenue) and net loss $20.4M.