| |
| Reportable segment |
|
 100 % |
of total Revenue |
| Total service revenues |
|
32.42 % |
of total Revenue |
| Total service revenues Reportable segment |
|
32.42 % |
of total Revenue |
| Platform commission |
|
1.53 % |
of total Revenue |
| Platform commission Reportable segment |
|
1.53 % |
of total Revenue |
| Platform commission Hong Kong Reportable segment |
|
1.53 % |
of total Revenue |
| Ocean transportation service |
|
2.18 % |
of total Revenue |
| Ocean transportation service Reportable segment |
|
2.18 % |
of total Revenue |
| Ocean transportation service The United States Reportable segment |
|
1.86 % |
of total Revenue |
| Ocean transportation service Germany Reportable segment |
|
0.3 % |
of total Revenue |
| Ocean transportation service Others Reportable segment |
|
0.02 % |
of total Revenue |
| Drayage service |
|
0.88 % |
of total Revenue |
| Drayage service Reportable segment |
|
0.88 % |
of total Revenue |
| Drayage service The United States Reportable segment |
|
0.7 % |
of total Revenue |
| Drayage service Germany Reportable segment |
|
0.18 % |
of total Revenue |
| Drayage service Others Reportable segment |
|
0.01 % |
of total Revenue |
| Warehousing service |
|
4.47 % |
of total Revenue |
| Warehousing service Reportable segment |
|
4.47 % |
of total Revenue |
| Warehousing service The United States Reportable segment |
|
4.11 % |
of total Revenue |
| Warehousing service Germany Reportable segment |
|
0.3 % |
of total Revenue |
| Warehousing service Others Reportable segment |
|
0.06 % |
of total Revenue |
| Packaging service |
|
2.65 % |
of total Revenue |
| Packaging service Reportable segment |
|
2.65 % |
of total Revenue |
| Packaging service The United States Reportable segment |
|
2.54 % |
of total Revenue |
| Packaging service Germany Reportable segment |
|
0.1 % |
of total Revenue |
| Packaging service Others Reportable segment |
|
0.01 % |
of total Revenue |
| Last-mile delivery service |
|
19.19 % |
of total Revenue |
| Last-mile delivery service Reportable segment |
|
19.19 % |
of total Revenue |
| Last-mile delivery service The United States Reportable segment |
|
15.07 % |
of total Revenue |
| Last-mile delivery service Germany Reportable segment |
|
3.68 % |
of total Revenue |
| Last-mile delivery service Others Reportable segment |
|
0.44 % |
of total Revenue |
| Others |
|
1.52 % |
of total Revenue |
| Others Reportable segment |
|
1.52 % |
of total Revenue |
| Others The United States Reportable segment |
|
1.35 % |
of total Revenue |
| Others Germany Reportable segment |
|
0.07 % |
of total Revenue |
| Others Others Reportable segment |
|
0.1 % |
of total Revenue |
| Products |
|
67.58 % |
of total Revenue |
| Products Reportable segment |
|
67.58 % |
of total Revenue |
| Products The United States Reportable segment |
|
35.13 % |
of total Revenue |
| Products Germany Reportable segment |
|
25.79 % |
of total Revenue |
| Products Others Reportable segment |
|
3.46 % |
of total Revenue |
| Products Japan Reportable segment |
|
3.21 % |
of total Revenue |
| Revenue from goods or services transferred to customers over time |
|
27.02 % |
of total Revenue |
| Revenue from goods or services transferred to customers at a point in time |
|
72.98 % |
of total Revenue |
| Off-platform |
|
42.52 % |
of total Revenue |
| GigaCloud 1P |
|
25.04 % |
of total Revenue |
| Product sales to B |
|
18.75 % |
of total Revenue |
| Product sales to C |
|
23.78 % |
of total Revenue |
| Total product revenues |
|
67.58 % |
of total Revenue |
Q1 three months ended (Mar 31 2026)
|
| Revenues by Business Segments |
Revenues
(in millions $) |
%
(of total Revenues) |
| Reportable segment |
359.49 |
100 % |
| Total service revenues |
116.54 |
32.42 % |
| Total service revenues Reportable segment |
116.54 |
32.42 % |
| Platform commission |
5.51 |
1.53 % |
| Platform commission Reportable segment |
5.51 |
1.53 % |
| Platform commission Hong Kong Reportable segment |
5.51 |
1.53 % |
| Ocean transportation service |
7.85 |
2.18 % |
| Ocean transportation service Reportable segment |
7.85 |
2.18 % |
| Ocean transportation service The United States Reportable segment |
6.69 |
1.86 % |
| Ocean transportation service Germany Reportable segment |
1.09 |
0.3 % |
| Ocean transportation service Others Reportable segment |
0.07 |
0.02 % |
| Drayage service |
3.15 |
0.88 % |
| Drayage service Reportable segment |
3.15 |
0.88 % |
| Drayage service The United States Reportable segment |
2.50 |
0.7 % |
| Drayage service Germany Reportable segment |
0.63 |
0.18 % |
| Drayage service Others Reportable segment |
0.02 |
0.01 % |
| Warehousing service |
16.07 |
4.47 % |
| Warehousing service Reportable segment |
16.07 |
4.47 % |
| Warehousing service The United States Reportable segment |
14.77 |
4.11 % |
| Warehousing service Germany Reportable segment |
1.08 |
0.3 % |
| Warehousing service Others Reportable segment |
0.22 |
0.06 % |
| Packaging service |
9.53 |
2.65 % |
| Packaging service Reportable segment |
9.53 |
2.65 % |
| Packaging service The United States Reportable segment |
9.12 |
2.54 % |
| Packaging service Germany Reportable segment |
0.36 |
0.1 % |
| Packaging service Others Reportable segment |
0.05 |
0.01 % |
| Last-mile delivery service |
68.99 |
19.19 % |
| Last-mile delivery service Reportable segment |
68.99 |
19.19 % |
| Last-mile delivery service The United States Reportable segment |
54.19 |
15.07 % |
| Last-mile delivery service Germany Reportable segment |
13.23 |
3.68 % |
| Last-mile delivery service Others Reportable segment |
1.58 |
0.44 % |
| Others |
5.45 |
1.52 % |
| Others Reportable segment |
5.45 |
1.52 % |
| Others The United States Reportable segment |
4.84 |
1.35 % |
| Others Germany Reportable segment |
0.26 |
0.07 % |
| Others Others Reportable segment |
0.35 |
0.1 % |
| Products |
242.95 |
67.58 % |
| Products Reportable segment |
242.95 |
67.58 % |
| Products The United States Reportable segment |
126.28 |
35.13 % |
| Products Germany Reportable segment |
92.71 |
25.79 % |
| Products Others Reportable segment |
12.43 |
3.46 % |
| Products Japan Reportable segment |
11.53 |
3.21 % |
| Revenue from goods or services transferred to customers over time |
97.15 |
27.02 % |
| Revenue from goods or services transferred to customers at a point in time |
262.34 |
72.98 % |
| Off-platform |
152.86 |
42.52 % |
| GigaCloud 1P |
90.01 |
25.04 % |
| Product sales to B |
67.39 |
18.75 % |
| Product sales to C |
85.48 |
23.78 % |
| Total product revenues |
242.95 |
67.58 % |
| Total |
359.49 |
100 % |
Q1 three months ended (Mar 31 2026)
|
| Revenue Growth rates by Segment |
Y/Y Revenue
% |
Q/Q Revenue
% |
| Reportable segment |
32.21 % |
- |
| Total service revenues |
23.89 % |
- |
| Total service revenues Reportable segment |
23.89 % |
- |
| Platform commission |
26.99 % |
- |
| Platform commission Reportable segment |
26.99 % |
- |
| Platform commission Hong Kong Reportable segment |
26.99 % |
- |
| Ocean transportation service |
-30.89 % |
- |
| Ocean transportation service Reportable segment |
-30.89 % |
- |
| Ocean transportation service The United States Reportable segment |
-38.08 % |
- |
| Ocean transportation service Germany Reportable segment |
94.47 % |
- |
| Ocean transportation service Others Reportable segment |
-86.99 % |
- |
| Drayage service |
13.64 % |
- |
| Drayage service Reportable segment |
13.64 % |
- |
| Drayage service The United States Reportable segment |
-7.78 % |
- |
| Drayage service Germany Reportable segment |
932.79 % |
- |
| Drayage service Others Reportable segment |
-67.21 % |
- |
| Warehousing service |
14.13 % |
- |
| Warehousing service Reportable segment |
14.13 % |
- |
| Warehousing service The United States Reportable segment |
8.11 % |
- |
| Warehousing service Germany Reportable segment |
260.54 % |
- |
| Warehousing service Others Reportable segment |
85.71 % |
- |
| Packaging service |
31.39 % |
- |
| Packaging service Reportable segment |
31.39 % |
- |
| Packaging service The United States Reportable segment |
27.08 % |
- |
| Packaging service Germany Reportable segment |
693.33 % |
- |
| Packaging service Others Reportable segment |
74.07 % |
- |
| Last-mile delivery service |
40.1 % |
- |
| Last-mile delivery service Reportable segment |
40.1 % |
- |
| Last-mile delivery service The United States Reportable segment |
27.47 % |
- |
| Last-mile delivery service Germany Reportable segment |
128.67 % |
- |
| Last-mile delivery service Others Reportable segment |
65.96 % |
- |
| Others |
8.33 % |
- |
| Others Reportable segment |
8.33 % |
- |
| Others The United States Reportable segment |
15.2 % |
- |
| Others Germany Reportable segment |
605.41 % |
- |
| Others Others Reportable segment |
-56.2 % |
- |
| Products |
36.61 % |
- |
| Products Reportable segment |
36.61 % |
- |
| Products The United States Reportable segment |
15.22 % |
- |
| Products Germany Reportable segment |
79.84 % |
- |
| Products Others Reportable segment |
110.15 % |
- |
| Products Japan Reportable segment |
6.98 % |
- |
| Revenue from goods or services transferred to customers over time |
23.64 % |
- |
| Revenue from goods or services transferred to customers at a point in time |
35.69 % |
- |
| Off-platform |
58.65 % |
- |
| GigaCloud 1P |
10.6 % |
- |
| Product sales to B |
53.21 % |
- |
| Product sales to C |
63.23 % |
- |
| Total product revenues |
36.61 % |
- |
| Total |
32.21 % |
-72.13 % |
| |
| Reportable segment |
|
100 % |
of total Revenue |
| Total service revenues |
|
33.2 % |
of total Revenue |
| Platform commission |
|
1.52 % |
of total Revenue |
| Ocean transportation service |
|
2.89 % |
of total Revenue |
| Drayage service |
|
0.96 % |
of total Revenue |
| Warehousing service |
|
4.52 % |
of total Revenue |
| Packaging service |
|
2.67 % |
of total Revenue |
| Last-mile delivery service |
|
18.99 % |
of total Revenue |
| Others |
|
1.65 % |
of total Revenue |
| GigaCloud 1P |
|
29.01 % |
of total Revenue |
| Product sales to B |
|
16.15 % |
of total Revenue |
| Product sales to C |
|
21.59 % |
of total Revenue |
| Total product revenues |
|
66.8 % |
of total Revenue |
| Off-platform ecommerce |
|
37.74 % |
of total Revenue |
| Service revenues |
|
33.2 % |
of total Revenue |
| Product revenues |
|
66.8 % |
of total Revenue |
| Reportable Platform commission |
|
1.52 % |
of total Revenue |
| Reportable Platform commission Hong Kong |
|
1.52 % |
of total Revenue |
| Reportable Ocean transportation service |
|
2.89 % |
of total Revenue |
| Reportable Ocean transportation service United States |
|
2.74 % |
of total Revenue |
| Reportable Ocean transportation service Germany |
|
0.14 % |
of total Revenue |
| Reportable Ocean transportation service Others |
|
0 % |
of total Revenue |
| Reportable Drayage service |
|
0.96 % |
of total Revenue |
| Reportable Drayage service United States |
|
0.91 % |
of total Revenue |
| Reportable Drayage service Germany |
|
0.05 % |
of total Revenue |
| Reportable Drayage service Others |
|
0 % |
of total Revenue |
| Reportable Warehousing service |
|
4.52 % |
of total Revenue |
| Reportable Warehousing service United States |
|
4.34 % |
of total Revenue |
| Reportable Warehousing service Germany |
|
0.14 % |
of total Revenue |
| Reportable Warehousing service Others |
|
0.05 % |
of total Revenue |
| Reportable Packaging service |
|
2.67 % |
of total Revenue |
| Reportable Packaging service United States |
|
2.62 % |
of total Revenue |
| Reportable Packaging service Germany |
|
0.04 % |
of total Revenue |
| Reportable Packaging service Others |
|
0.01 % |
of total Revenue |
| Reportable Last-mile delivery service |
|
18.99 % |
of total Revenue |
| Reportable Last-mile delivery service United States |
|
15.86 % |
of total Revenue |
| Reportable Last-mile delivery service Germany |
|
2.7 % |
of total Revenue |
| Reportable Last-mile delivery service Others |
|
0.43 % |
of total Revenue |
| Reportable Others |
|
1.65 % |
of total Revenue |
| Reportable Others United States |
|
1.51 % |
of total Revenue |
| Reportable Others Germany |
|
0.03 % |
of total Revenue |
| Reportable Others Others |
|
0.1 % |
of total Revenue |
| Reportable Service revenues |
|
33.2 % |
of total Revenue |
| Reportable Product revenues |
|
66.8 % |
of total Revenue |
| Reportable Product revenues United States |
|
38.29 % |
of total Revenue |
| Reportable Product revenues Germany |
|
21.88 % |
of total Revenue |
| Reportable Product revenues Others |
|
2.81 % |
of total Revenue |
| Reportable Product revenues Japan |
|
3.83 % |
of total Revenue |
| Transferred over time |
|
27.71 % |
of total Revenue |
| Transferred at point in time |
|
72.29 % |
of total Revenue |
Twelve months ended 2025
|
| GCT s Annual Revenue by Geography and Business Segments |
Sales
(in millions $) |
%
(of total Sales) |
| Reportable segment |
1,289.90 |
100 % |
| Total service revenues |
428.19 |
33.2 % |
| Platform commission |
19.65 |
1.52 % |
| Ocean transportation service |
37.23 |
2.89 % |
| Drayage service |
12.38 |
0.96 % |
| Warehousing service |
58.35 |
4.52 % |
| Packaging service |
34.39 |
2.67 % |
| Last-mile delivery service |
244.95 |
18.99 % |
| Others |
21.24 |
1.65 % |
| GigaCloud 1P |
374.25 |
29.01 % |
| Product sales to B |
208.36 |
16.15 % |
| Product sales to C |
278.48 |
21.59 % |
| Total product revenues |
861.71 |
66.8 % |
| Total |
1,289.90 |
100 % |
| Off-platform ecommerce |
486.83 |
37.74 % |
| Service revenues |
428.19 |
33.2 % |
| Product revenues |
861.71 |
66.8 % |
| Reportable Platform commission |
19.65 |
1.52 % |
| Reportable Platform commission Hong Kong |
19.65 |
1.52 % |
| Reportable Ocean transportation service |
37.23 |
2.89 % |
| Reportable Ocean transportation service United States |
35.34 |
2.74 % |
| Reportable Ocean transportation service Germany |
1.83 |
0.14 % |
| Reportable Ocean transportation service Others |
0.06 |
0 % |
| Reportable Drayage service |
12.38 |
0.96 % |
| Reportable Drayage service United States |
11.78 |
0.91 % |
| Reportable Drayage service Germany |
0.58 |
0.05 % |
| Reportable Drayage service Others |
0.01 |
0 % |
| Reportable Warehousing service |
58.35 |
4.52 % |
| Reportable Warehousing service United States |
55.97 |
4.34 % |
| Reportable Warehousing service Germany |
1.75 |
0.14 % |
| Reportable Warehousing service Others |
0.63 |
0.05 % |
| Reportable Packaging service |
34.39 |
2.67 % |
| Reportable Packaging service United States |
33.80 |
2.62 % |
| Reportable Packaging service Germany |
0.46 |
0.04 % |
| Reportable Packaging service Others |
0.14 |
0.01 % |
| Reportable Last-mile delivery service |
244.95 |
18.99 % |
| Reportable Last-mile delivery service United States |
204.63 |
15.86 % |
| Reportable Last-mile delivery service Germany |
34.81 |
2.7 % |
| Reportable Last-mile delivery service Others |
5.51 |
0.43 % |
| Reportable Others |
21.24 |
1.65 % |
| Reportable Others United States |
19.50 |
1.51 % |
| Reportable Others Germany |
0.40 |
0.03 % |
| Reportable Others Others |
1.34 |
0.1 % |
| Reportable Service revenues |
428.19 |
33.2 % |
| Reportable Product revenues |
861.71 |
66.8 % |
| Reportable Product revenues United States |
493.90 |
38.29 % |
| Reportable Product revenues Germany |
282.21 |
21.88 % |
| Reportable Product revenues Others |
36.23 |
2.81 % |
| Reportable Product revenues Japan |
49.38 |
3.83 % |
| Transferred over time |
357.47 |
27.71 % |
| Transferred at point in time |
932.43 |
72.29 % |
Twelve months ended 2025
|
| Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
| Reportable segment |
11.1 % |
- |
| Total service revenues |
9.98 % |
- |
| Platform commission |
16.42 % |
- |
| Platform commission Reportable segment |
- |
- |
| Platform commission Hong Kong Reportable segment |
- |
- |
| Ocean transportation service |
-43.39 % |
- |
| Ocean transportation service Reportable segment |
- |
- |
| Drayage service |
-18.66 % |
- |
| Drayage service Reportable segment |
- |
- |
| Warehousing service |
26.32 % |
- |
| Warehousing service Reportable segment |
- |
- |
| Packaging service |
14.83 % |
- |
| Packaging service Reportable segment |
- |
- |
| Packaging service Germany Reportable segment |
- |
- |
| Last-mile delivery service |
25.2 % |
- |
| Last-mile delivery service Reportable segment |
- |
- |
| Last-mile delivery service Germany Reportable segment |
- |
- |
| Others |
7.85 % |
- |
| Others Reportable segment |
- |
- |
| GigaCloud 1P |
3.54 % |
- |
| Product sales to B |
-3.4 % |
- |
| Product sales to C |
43.59 % |
- |
| Total product revenues |
11.66 % |
- |
| Total |
11.1 % |
9.19 % |
| Off-platform ecommerce |
18.84 % |
- |
| Service revenues |
9.98 % |
- |
| Product revenues |
11.66 % |
- |
| Reportable Platform commission |
16.42 % |
- |
| Reportable Platform commission Hong Kong |
16.42 % |
- |
| Reportable Ocean transportation service |
-43.39 % |
- |
| Reportable Ocean transportation service United States |
-45.56 % |
- |
| Reportable Ocean transportation service Germany |
126.96 % |
- |
| Reportable Ocean transportation service Others |
83.33 % |
- |
| Reportable Drayage service |
-18.66 % |
- |
| Reportable Drayage service United States |
-21.48 % |
- |
| Reportable Drayage service Germany |
210.11 % |
- |
| Reportable Drayage service Others |
-50 % |
- |
| Reportable Warehousing service |
26.32 % |
- |
| Reportable Warehousing service United States |
24.09 % |
- |
| Reportable Warehousing service Germany |
146.62 % |
- |
| Reportable Warehousing service Others |
66.22 % |
- |
| Reportable Packaging service |
14.83 % |
- |
| Reportable Packaging service United States |
27.2 % |
- |
| Reportable Packaging service Germany |
-84.75 % |
- |
| Reportable Packaging service Others |
-63.98 % |
- |
| Reportable Last-mile delivery service |
25.2 % |
- |
| Reportable Last-mile delivery service United States |
16.18 % |
- |
| Reportable Last-mile delivery service Germany |
114.9 % |
- |
| Reportable Last-mile delivery service Others |
65.94 % |
- |
| Reportable Others |
7.85 % |
- |
| Reportable Others United States |
6.77 % |
- |
| Reportable Others Germany |
72.73 % |
- |
| Reportable Others Others |
11.75 % |
- |
| Reportable Service revenues |
9.98 % |
- |
| Reportable Product revenues |
11.66 % |
- |
| Reportable Product revenues United States |
-7.87 % |
- |
| Reportable Product revenues Germany |
65.52 % |
- |
| Reportable Product revenues Others |
72.49 % |
- |
| Reportable Product revenues Japan |
11.86 % |
- |
| Transferred over time |
9.18 % |
- |
| Transferred at point in time |
11.85 % |
- |
| Ocean transportation service United States Reportable segment |
- |
- |
| Ocean transportation service Others 1 Reportable segment |
- |
- |
| Drayage service United States Reportable segment |
- |
- |
| Drayage service Others 1 Reportable segment |
- |
- |
| Warehousing service United States Reportable segment |
- |
- |
| Warehousing service Others 1 Reportable segment |
- |
- |
| Last-mile delivery service United States Reportable segment |
- |
- |
| Last-mile delivery service Others 1 Reportable segment |
- |
- |
| Packaging service United States Reportable segment |
- |
- |
| Packaging service Others 1 Reportable segment |
- |
- |
| Others United States Reportable segment |
- |
- |
| Others Others 1 Reportable segment |
- |
- |
| Service revenues Reportable segment |
- |
- |
| Product revenues Reportable segment |
- |
- |
| Product revenues United States Reportable segment |
- |
- |
| Product revenues Others 1 Reportable segment |
- |
- |
| Product revenues Germany Reportable segment |
- |
- |
| Product revenues Japan Reportable segment |
- |
- |
| Hong Kong |
- |
- |
