GigaCloud Technology (GCT) to Release Earnings on Thursday

GigaCloud Technology (NASDAQ:GCT) is expected to be posting its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect GigaCloud Technology to announce earnings of $0.85 per share and revenue of $379.7250 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 6:30 PM ET.

GigaCloud Technology (NASDAQ:GCT) last posted its earnings results on Friday, May 8th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.87 by $0.17. GigaCloud Technology had a return on equity of 31.48% and a net margin of 10.77%.The firm had revenue of $359.49 million during the quarter, compared to the consensus estimate of $342.57 million. During the same period last year, the company earned $0.68 earnings per share. The business’s quarterly revenue was up 32.2% on a year-over-year basis. On average, analysts expect GigaCloud Technology to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

GigaCloud Technology Trading Up 3.3%

Shares of GCT stock opened at $41.59 on Thursday. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 10.45 and a beta of 1.72. The business’s 50-day moving average price is $35.10 and its 200-day moving average price is $39.34. GigaCloud Technology has a 12 month low of $20.71 and a 12 month high of $51.86.

Hedge Funds Weigh In On GigaCloud Technology

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of GigaCloud Technology by 18.2% in the third quarter. Vanguard Group Inc. now owns 803,664 shares of the company’s stock worth $22,824,000 after acquiring an additional 123,596 shares during the period. Geode Capital Management LLC raised its holdings in GigaCloud Technology by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 627,336 shares of the company’s stock worth $24,646,000 after purchasing an additional 6,846 shares during the last quarter. State Street Corp raised its holdings in GigaCloud Technology by 1.8% during the 4th quarter. State Street Corp now owns 566,091 shares of the company’s stock worth $22,236,000 after purchasing an additional 9,765 shares during the last quarter. Nuveen LLC lifted its position in shares of GigaCloud Technology by 32.2% in the 4th quarter. Nuveen LLC now owns 542,454 shares of the company’s stock worth $21,308,000 after purchasing an additional 132,107 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of GigaCloud Technology in the 3rd quarter worth approximately $14,335,000. 34.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wall Street Zen lowered shares of GigaCloud Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings cut shares of GigaCloud Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. Finally, Zacks Research downgraded shares of GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, GigaCloud Technology currently has an average rating of “Hold” and a consensus price target of $33.00.

GigaCloud Technology Company Profile

GigaCloud Technology Inc (NASDAQ:GCT) is a China-based provider of software-as-a-service (SaaS) and cloud computing solutions tailored for cross-border e-commerce. The company’s core offering, its Supply Chain Embedded E-commerce as a Service (SCEaaS) platform, integrates procurement, order management, warehousing, logistics and payment services into a unified cloud-based system. This end-to-end digital supply chain solution is designed to help small and medium-sized Chinese exporters efficiently connect with global buyers without the need to build and maintain their own infrastructure.

Through its modular, subscription-based SaaS model, GigaCloud enables merchants to scale operations on demand and minimize upfront capital expenditures.