GigaCloud Technology Inc (GCT), a global B2B e-commerce company specializing in large parcel merchandise, saw its stock surge 10.61% in a 24-hour period following the release of its impressive second-quarter 2025 financial results and optimistic third-quarter outlook. The company's performance significantly exceeded analyst expectations, driving investor enthusiasm.
For Q2 2025, GigaCloud reported record revenue of $322.6 million, surpassing analyst estimates of $290.08 million by 11.21% and showing a 3.78% year-over-year growth. The company's adjusted earnings per share reached $1.14, dramatically beating the consensus estimate of $0.41 by 174.7%. This represents a 75.38% increase from the same period last year. Additionally, GigaCloud maintained strong profitability with a gross margin of 23.9% and a net income of $34.6 million.
Looking ahead, GigaCloud provided a robust outlook for the third quarter, projecting revenue between $295 million and $310 million. This positive guidance, combined with the company's ability to exceed expectations in Q2, has fueled investor confidence in GigaCloud's continued growth and profitability in the competitive e-commerce sector. The stock's significant jump reflects the market's optimistic response to these strong financial results and future prospects.