GigaCloud Technology Inc. (GCT)

GigaCloud Technology beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported August 6, 2026, with EPS of $1.16 topping the $0.90 estimate (+28.9%) and revenue of $411.6 million topping the $380.6 million estimate (+8.1%). Revenue rose ~28% year over year to about $411.6 million (up from roughly $322.6 million), with the largest line item, Product revenues, up ~17% to about $165.0 million, while Last-mile delivery service increased ~17% to roughly $53.5 million and Ocean transportation service grew ~16% to about $9.4 million. Profitability in the quarter included gross profit of roughly $105.6 million with gross margin at ~26%, and operating income of about $47.5 million as operating margin stood near 12%. Net income rose ~23% to about $42.3 million (up from roughly $34.6 million a year ago), alongside EPS up ~28% from $0.91. The company generated operating cash flow of about $48.4 million and repurchased roughly $30.0 million of stock. Next-period consensus calls for EPS of $1.10 on revenue of $386.7 million.