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GigaCloud Technology Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Gross Profit  
 Operating Profit  
 Net Income  
20231231 20240331 20240630 010.9221.8432.7643.6854.665.5376.45Milllion

GigaCloud Technology Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2024-06-30 2024-03-31 2023-12-31 
     
  revenues   
  service revenues85,378,000 67,415,000  
  product revenues225,489,000 183,662,000  
  total revenues310,867,000 251,077,000  
  cost of revenues   
  services74,040,000 54,431,000  
  product sales160,380,000 130,098,000  
  total cost of revenues234,420,000 184,529,000  
  gross profit76,447,000 66,548,000  
  yoy   
  qoq14.87%   
  gross margin %   
  operating expenses   
  selling and marketing expenses19,460,000 14,580,000  
  general and administrative expenses26,280,000 15,389,000  
  research and development expenses3,097,000 1,756,000  
  losses on disposal of property and equipment162,000 6,000  
  total operating expenses48,999,000 31,731,000  
  operating income27,448,000 34,817,000  
  yoy   
  qoq-21.16%   
  operating margin %   
  interest expense-59,000 -81,000  
  interest income2,244,000 1,609,000  
  foreign currency exchange gains-1,107,000 -2,709,000  
  government grants2,000 6,000  
  others506,000 -322,000  
  income before income taxes29,034,000 33,320,000  
  income tax expense-2,065,000 -6,125,000  
  net income26,969,000 27,195,000  
  yoy   
  qoq-0.83%   
  net income margin %   
  net income attributable to ordinary shareholders26,969,000 27,195,000  
  foreign currency translation adjustment, net of nil income taxes-266,000 -112,000  
  net unrealized gains on available-for-sale investments2,000   
  total other comprehensive loss-264,000   
  comprehensive income26,705,000 27,083,000  
  net income per ordinary share   
  —basic650 670  
  —diluted650 660  
  weighted-average number of ordinary shares outstanding used in computing net income per ordinary share   
  total other comprehensive income -112,000  

We provide you with 20 years income statements for GigaCloud Technology stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of GigaCloud Technology stock. Explore the full financial landscape of GigaCloud Technology stock with our expertly curated income statements.

The information provided in this report about GigaCloud Technology stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.