GCT

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering GigaCloud Technology Inc. (GCT), which belongs to the Zacks Technology Services industry. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 28.01%. For the last reported quarter, GigaCloud Technology Inc. came out with earnings of $1.16 per share versus the Zacks Consensus Estimate of $0.85 per share, representing a surprise of 36.47%. For the previous quarter, the company was expected to post earnings of $0.87 per share and it actually produced earnings of $1.04 per share, delivering a surprise of 19.54%. Thanks in part to this history, there has been a favorable change in earnings estimates for GigaCloud Technology Inc. lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. GigaCloud Technology Inc. has an Earnings ESP of +12.78% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #1 (Strong Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on November 5, 2026. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wall Street expects a year-over-year increase in earnings on higher revenues when GigaCloud Technology Inc. (GCT) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $1.28 per share in its upcoming report, which represents a year-over-year change of +29.3%. Revenues are expected to be $394.8 million, up 18.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 20% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For GigaCloud Technology Inc., the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #1. So, this combination makes it difficult to conclusively predict that GigaCloud Technology Inc. will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that GigaCloud Technology Inc. would post earnings of $0.85 per share when it actually produced earnings of $1.16, delivering a surprise of +36.47%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. GigaCloud Technology Inc. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Technology Services industry, AppLovin (APP), is soon expected to post earnings of $3.95 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +61.2%. Revenues for the quarter are expected to be $2.08 billion, up 47.8% from the year-ago quarter. The consensus EPS estimate for AppLovin has been revised 1.2% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +3.04%. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that AppLovin will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report AppLovin Corporation (APP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Marsh & McLennan Companies, Inc. MRSH reported third-quarter 2026 adjusted earnings per share of $2.03, which surpassed the Zacks Consensus Estimate by 3.6%. The bottom line advanced 9.7% year over year. Consolidated revenues of $6.9 billion improved 8% year over year. The figure rose 5% on an underlying basis. The top line beat the consensus mark by 3.5%. Marsh's third-quarter results benefited from solid revenue growth across Risk and Insurance Services and Consulting. However, higher operating expenses, caused by increased compensation and other operating costs, tempered operating income growth. Marsh price-consensus-eps-surprise-chart | Marsh Quote Total operating expenses rose 9% year over year to $5.6 billion, exceeding our estimate of $5.3 billion. The year-over-year rise was due to increased compensation and benefits costs and other operating expenses. Expenses in the Risk and Insurance Services segment rose 9.4% year over year, while the Consulting segment's expenses increased 8%. Marsh's adjusted operating income improved 6.1% year over year to $1.5 billion. The adjusted operating margin remained unchanged year over year at 22.7%. The segment recorded revenues of $4.2 billion, which rose 7% year over year and 3% on an underlying basis. The reported figure beat the Zacks Consensus Estimate by 3.3%. Adjusted operating income advanced 4% year over year to $1 billion, which missed the consensus mark by 1.6%. Revenues of Marsh Risk, a unit within the segment, rose 10% year over year and 5% on an underlying basis to $3.7 billion. In the United States/Canada operations, revenues grew 4% on an underlying basis. International operations witnessed revenue growth of 6% year over year on an underlying basis. International operations reported 6% underlying revenue growth year over year, led by 7% growth in EMEA and 4% growth in Asia Pacific, while Latin America remained flat. The company's former Guy Carpenter business is now reported under the Reinsurance name. The unit's third-quarter revenues fell 6% year over year to $374 million on both GAAP and underlying bases. The unit's revenues advanced 9% year over year and 8% on an underlying basis to $2.7 billion. The reported figure beat the Zacks Consensus Estimate by 3.8%. Adjusted operating income of $593 million climbed 9% year over year and beat the consensus mark by 4.8%. People and Investments, previously reported as Mercer, generated revenues of $1.7 billion, up 6% year over year and 5% on an underlying basis. On an underlying basis, Investments and Retirement posted 8% revenue growth, Health and Benefits advanced 5%, while Workforce and Rewards declined 1%. Another unit within the segment, Marsh Management Consulting, recorded revenues of $1 billion, which improved 14% year over year on both GAAP and underlying bases. Marsh exited the third quarter with cash and cash equivalents of $1.8 billion, which declined from the 2025-end figure of $2.7 billion. Total assets of $59.8 billion increased from $58.7 billion recorded as of 2025-end. Long-term debt amounted to $18.9 billion, which rose from $18.3 billion recorded as of Dec. 31, 2025. Short-term debt amounted to $1.6 billion. Total equity declined to $14.9 billion from $15.3 billion at the end of 2025. Net cash provided by operations totaled $2.3 billion in the first nine months of 2026 compared with $3.1 billion in the year-ago period. Marsh bought back 2.7 million shares worth $500 million in the third quarter of 2026. MRSH currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Business Services space are Figure Technology Solutions, Inc. FIGR, GigaCloud Technology Inc. GCT and Ralliant Corporation RAL, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Figure Technology Solutions' 2026 earnings is pinned at $1.18 per share and has remained stable over the past 60 days. FIGR beat earnings estimates in two of the trailing four quarters, met once and missed in the other, with an average surprise of 28.2%. The consensus estimate for 2026 revenues is pegged at $904.4 million, implying 78.4% year-over-year growth. The Zacks Consensus Estimate for GigaCloud Technology's 2026 earnings is pinned at $4.92 per share, which has witnessed one upward revision in the past 60 days against no movement in the opposite direction. GCT beat earnings estimates in each of the trailing four quarters, with the average surprise being 42.1%. The consensus estimate for 2026 revenues is pegged at $1.6 billion, implying 23.4% year-over-year growth. The Zacks Consensus Estimate for Ralliant Corporation's 2026 earnings is pinned at $2.88 per share, which has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. RAL beat earnings estimates in each of the trailing four quarters, with the average surprise being 7.1%. The consensus estimate for 2026 revenues is pegged at $2.3 billion, implying 10.7% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marsh (MRSH) : Free Stock Analysis Report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report Ralliant Corporation (RAL) : Free Stock Analysis Report Figure Technology Solutions, Inc. (FIGR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

- Recently, analysts raised their earnings estimates for GigaCloud Technology Inc., and Zacks assigned the company its highest #1 Rank (Strong Buy), reflecting an improved earnings outlook based on updated consensus forecasts. - This wave of upward estimate revisions suggests analysts see stronger underlying earnings power than previously modeled, potentially reshaping how investors assess GigaCloud's profit trajectory and risk-reward profile. - We'll now examine how these upgraded earnings estimates could influence GigaCloud's existing investment narrative around growth, margins, and capital returns. The latest GPUs need a type of rare earth metal called Neodymium and there are only 33 companies in the world exploring or producing it. Find the list for free. To own GigaCloud, you need to believe in its B2B marketplace as a scalable engine for global large-parcel commerce, supported by expanding logistics and improving earnings quality. The recent wave of upward earnings revisions and Zacks Rank #1 spotlight the near term profit story, but they do not remove the key risk around exposure to shifting tariffs and trade policies that can still pressure margins and disrupt supply chains. The most relevant recent announcement alongside these estimate upgrades is GigaCloud's expanded share buyback program, now authorizing up to US$120,000,000 in repurchases over three years, funded from existing cash. While this capital return supports per share metrics and may reinforce confidence in the earnings outlook, it does not fully address concentration risks in Europe or the sensitivity of service revenue to freight and warehousing conditions. However, investors should also be aware that if trade tensions escalate again and GigaCloud faces renewed shipment pauses and higher sourcing costs, then... Read the full narrative on GigaCloud Technology (it's free!) GigaCloud Technology's narrative projects $2.0 billion revenue and $221.8 million earnings by 2029. This requires 10.0% yearly revenue growth and about a $65.7 million earnings increase from $156.1 million today. Uncover how GigaCloud Technology's forecasts yield a $61.33 fair value, a 10% upside to its current price. While upgraded earnings estimates look encouraging, remember some of the lowest analysts were only penciling in about US$1.9 billion in revenue and US$208 million in earnings by 2029, so their more cautious view on trade and margin risks could shift meaningfully as this new information is absorbed. Explore 4 other fair value estimates on GigaCloud Technology - why the stock might be worth just $61.33! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. - A great starting point for your GigaCloud Technology research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision. - Our free GigaCloud Technology research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate GigaCloud Technology's overall financial health at a glance. Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters: - Invest in the nuclear renaissance through our list of 16 elite nuclear energy infrastructure plays powering the global AI revolution. - The future of work is here. Discover the 88 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. - Uncover the next big thing with 12 elite penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include GCT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

GigaCloud Technology Inc. (GCT) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For GigaCloud Technology Inc., strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: For the current quarter, the company is expected to earn $1.28 per share, which is a change of +29.3% from the year-ago reported number. Over the last 30 days, the Zacks Consensus Estimate for GigaCloud Technology Inc. has increased 20% because one estimate has moved higher compared to no negative revisions. For the full year, the company is expected to earn $4.92 per share, representing a year-over-year change of +37.1%. In terms of estimate revisions, the trend for the current year also appears quite encouraging for GigaCloud Technology Inc.. Over the past month, one estimate has moved higher compared to no negative revisions, helping the consensus estimate increase 17.7%. Thanks to promising estimate revisions, GigaCloud Technology Inc. currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on GigaCloud Technology Inc. because of its solid estimate revisions, as evident from the stock's 5.6% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

In early August 2026, GigaCloud Technology reported past second-quarter results showing revenue of US$411.64 million and net income of US$42.34 million, issued third-quarter revenue guidance of US$375 million to US$400 million, and authorized a new three-year, US$120 million share repurchase plan funded from existing cash. Management highlighted growing marketplace activity alongside a renewed focus on integrating the New Classic acquisition, indicating an emphasis on using both buybacks and targeted mergers to shape the company’s long-term business mix. We’ll now examine how this combination of strong quarterly earnings and a fresh US$120 million buyback authorization affects GigaCloud’s investment narrative. The latest GPUs need a type of rare earth metal called Terbium and there are only 28 companies in the world exploring or producing it. Find the list for free. To own GigaCloud, you need to believe its B2B marketplace and logistics platform can keep scaling globally while managing trade, supply chain, and European concentration risks. The latest quarter’s US$411.64 million revenue and US$42.34 million net income support that platform story, but the key near term catalyst still sits in sustaining marketplace growth in Europe, where any slowdown or regulatory friction remains the most immediate swing factor for sentiment. The new information does not materially change tariff and logistics risks. The new three year, US$120 million share repurchase authorization is the most relevant development here, alongside Q3 revenue guidance of US$375 million to US$400 million. Together, they frame how management is balancing capital returns with ongoing investment in acquisitions such as New Classic, which are central to the thesis that scale, integration, and a broader product mix can support earnings, even as tariffs, freight costs, and regional exposure continue to pose meaningful risks. Yet even with these strong headline numbers, investors should be aware that concentrated European growth still leaves GigaCloud exposed if... Read the full narrative on GigaCloud Technology (it's free!) GigaCloud Technology's narrative projects $1.7 billion revenue and $168.5 million earnings by 2029. This requires 9.9% yearly revenue growth and a roughly $31 million earnings increase from $137.4 million today. Uncover how GigaCloud Technology's forecasts yield a $53.75 fair value, in line with its current price. By contrast, the most cautious analysts were already assuming only about US$1.7 billion in revenue and US$160 million in earnings by 2029, so this strong quarter may eventually push some of those more pessimistic views to evolve, especially if you think trade costs and regional concentration will... Explore 9 other fair value estimates on GigaCloud Technology - why the stock might be worth less than half the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your GigaCloud Technology research is our analysis highlighting 4 key rewards that could impact your investment decision. Our free GigaCloud Technology research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate GigaCloud Technology's overall financial health at a glance. Early movers are already taking notice. See the stocks they're targeting before they've flown the coop: The future of work is here. Discover the 36 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. We've uncovered the 8 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Invest in the nuclear renaissance through our list of 89 elite nuclear energy infrastructure plays powering the global AI revolution. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include GCT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

GigaCloud Technology Inc. GCT used its second-quarter 2026 earnings call to emphasize marketplace scaling and disciplined integration. Founder, chairman and CEO Larry Wu and president Iman Schrock highlighted Europe and New Classic as growth priorities. Revenues rose 27.6% to $411.6 million, beating the Zacks Consensus Estimate of $383.7 million. Adjusted EPS was $1.65; GAAP EPS of $1.16 topped the Zacks Consensus Estimate of $0.85. GigaCloud Technology Inc. price-consensus-eps-surprise-chart | GigaCloud Technology Inc. Quote President Iman Schrock said that trailing 12-month marketplace GMV increased 21% year over year to $1.7 billion. Active third-party sellers rose 26% to 1,465, and active buyers increased 17% to 12,823. Schrock highlighted 9% U.S. GMV growth despite declines in the furniture industry. He pointed to the marketplace model, supplier-fulfilled retailing and dynamic pricing as sources of flexibility. Founder, chairman and CEO Larry Wu said that GigaCloud remains focused on building digital infrastructure for large-parcel B2B transactions across channels and geographies. He emphasized expansion and profitable growth. Europe was GigaCloud's fastest-growing region. Schrock said that quarterly GMV there increased 66% year over year, while third-party sellers rose more than 400%. Third-party sellers now account for more than 15% of Europe marketplace GMV, up from 6% a year earlier. Schrock said that the marketplace is progressing from first-party product seeding toward greater third-party participation. In the Q&A, CFO Erica Wei said that Europe is generating high double-digit growth. Product margins are a strong contributor, while service margins trail the United States because logistics density and scale are less developed. New Classic generated $16.3 million of second-quarter revenues, and its year-over-year sales decline improved to 8% from about 20% in the first quarter after the acquisition. Schrock said that integration remains on track for completion by mid-next year. A ROTH Capital Partners analyst asked what is driving the improvement. Erica Wei said that the first two quarters centered on combining teams, systems, processes and operations. Wei also added that some new products are already being introduced, with a broader pickup expected over several quarters. She pointed to the Noble House timeline, where product activity generally took three to four quarters to build. Service gross margin improved 3.2 percentage points sequentially to 11.7%. Wei attributed the gain to carrier optimization, responsive pricing and favorable ocean freight dynamics under long-term capacity contracts. A ROTH Capital Partners analyst asked whether higher spot freight rates could keep supporting margins. Wei said that costs are more visible than market pricing, and higher ocean rates can support service margins while pressuring product economics. A Maxim Group analyst also asked about Amazon's Supply Chain as a Service. Schrock said GigaCloud differentiates through a large-parcel B2B marketplace combined with integrated logistics and a channel-agnostic fulfillment model. GigaCloud expects third-quarter revenues of $375-$400 million. Wei said that the outlook includes New Classic and incorporates continued operational stabilization as integration progresses. The company repurchased about $30 million of shares during the quarter and another $18 million afterward. It then replaced the prior authorization with a new three-year, $120 million repurchase program. On M&A, Wei said that New Classic remains the near-term priority. Longer term, she said that GigaCloud could consider distribution businesses, technology additions or European logistics assets, with strategic fit and integration demands guiding decisions. Larry Wu centered his remarks on profitable growth, operational adaptability and controlled expansion. He said GigaCloud intends to keep scaling its marketplace while using its balance sheet and cash generation to support long-term opportunities. Wu's emphasis, alongside CFO Erica Wei's integration and capital-allocation commentary, kept the near-term focus on Europe, New Classic and disciplined deployment of resources in a challenging furniture environment. GCT carries a Zacks Rank #3 (Hold). Its Value Score of A and VGM Score of B are the stronger Style Score readings, while its Growth Score of C and Momentum Score of D present a more mixed profile. The Zacks Style Score is designed to complement the Zacks Rank, with the strongest combinations centered on Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks paired with A or B scores. Because the Rank is driven by earnings-estimate revisions, it can change as analysts update estimates after the just-reported results. You can see the complete list of today’s Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +36.47%. A quarter ago, it was expected that this company would post earnings of $0.87 per share when it actually produced earnings of $1.04, delivering a surprise of +19.54%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. GigaCloud Technology Inc., which belongs to the Zacks Technology Services industry, posted revenues of $411.64 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.28%. This compares to year-ago revenues of $322.61 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. GigaCloud Technology Inc. shares have added about 17.7% since the beginning of the year versus the S&P 500's gain of 12.8%. While GigaCloud Technology Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for GigaCloud Technology Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.10 on $380.5 million in revenues for the coming quarter and $4.18 on $1.53 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Keel Infrastructure Corp (KEEL), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 10. This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of -300%. The consensus EPS estimate for the quarter has been revised 6.3% higher over the last 30 days to the current level. Keel Infrastructure Corp's revenues are expected to be $34.95 million, down 55.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report Keel Infrastructure Corp (KEEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Delivers another Quarter of Record Revenue and EPS EL MONTE, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the second quarter and six months ended June 30, 2026, reporting record second quarter revenue and earnings per share over the comparable prior year period. Second Quarter 2026 Financial Highlights Total revenues of $411.6 million, increased 27.6% year-over-year. Gross profit of $105.6 million, increased 37.3% year-over-year.Gross margin was 25.6%, compared to 23.9% in the second quarter of 2025. Net income of $42.3 million, increased 22.3% year-over-year. Net income margin was 10.3%, compared to 10.7% in the second quarter of 2025.Diluted EPS increased 27.5% year-over-year to $1.16. Adjusted EBITDA1 of $60.4 million, increased 39.5% year-over-year.Adjusted EPS – diluted2 of $1.65, increased 44.7% year-over-year. Cash and cash equivalents, Restricted cash, and Investments totaled $378.6 million as of June 30, 2026, a 9.2% decrease from December 31, 2025. Year-to-Date 2026 Financial Highlights Total revenues of $771.1 million, increased 29.7% year-over-year. Gross profit of $191.4 million, increased 36.0% year-over-year.Gross margin was 24.8%, compared to 23.7% in the first half of 2025. Net income of $80.5 million, increased 30.5% year-over-year. Net income margin was 10.4%, compared to 10.4% in the first half of 2025. Diluted EPS increased 38.6% year-over-year to $2.19. Adjusted EBITDA of $106.0 million, increased 38.6% year-over-year. Adjusted EPS – diluted of $2.89, increased 47.4% year-over-year. Operational Highlights GigaCloud Marketplace GMV3 increased 21.3% year-over-year to $1,744.8 million for the 12 months ended June 30, 2026. 3P seller GigaCloud Marketplace GMV4 increased 27.0% year-over-year to $962.3 million for the 12 months ended June 30, 2026. 3P seller GigaCloud Marketplace GMV represented 55.2% of total GigaCloud Marketplace GMV for the 12 months ended June 30, 2026. Active 3P sellers5 increased 26.1% year-over-year to 1,465 for the 12 months ended June 30, 2026. Active buyers6 increased 17.1% year-over-year to 12,823 for the 12 months ended June 30, 2026. Spend per active buyer7 was $136,069 for the 12 months ended June 30, 2026. “This marks our sixteenth quarterly report. Over the years, the market has weathered numerous ups and downs, yet we have remained consistent – because true value creation has never been about chasing the latest trends, but about discipline and focus, day in and day out,” said Larry Wu, Founder and Chief Executive Officer. “This quarter, we once again proved with record revenue and earnings per share that steadiness is not mediocrity, but the strongest defense against uncertainty. Going forward, we will continue to tune out the noise, stay the course, execute with discipline, and deliver sustainable long-term value for our shareholders.” “Our strong balance sheet and cash generation continue to provide the flexibility to execute our capital allocation strategy dynamically,” said Erica Wei, Chief Financial Officer. “We accelerated our share repurchases to approximately $30 million in the second quarter and deployed an additional $18 million post June 30, 2026, capitalizing on recent market volatility and the resulting pricing dislocation. With approximately $30 million remaining and two years left on our prior authorization – insufficient for opportunistic execution – we have cancelled our existing plan in favor of a new three-year $120 million program. We remain firmly committed to disciplined capital allocation and building value for our long-term shareholders.” Business Outlook The Company expects its total revenues to be between $375 million and $400 million in the third quarter of 2026. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof. Share Repurchase Program On August 13, 2025, the Company’s Board of Directors approved a $111.0 million share repurchase program (the “2025 Program”). The 2025 Program became effective on August 17, 2025 and will remain in effect for a period of three years. During the second quarter of 2026, we repurchased 758,612 of our Class A ordinary shares at a total consideration of approximately $30.0 million. Subsequent to the second quarter of 2026, the Company has repurchased an aggregate of 491,831 Class A ordinary shares in the open market at a total consideration of approximately $17.7 million pursuant to a repurchase plan under Rule 10b5-1 of the Exchange Act. As of August 5, 2026, approximately $29.6 million remained unutilized under the 2025 Program. On August 5, 2026, the Company’s Board of Directors approved a new $120.0 million share repurchase program (the “2026 Program”). The 2026 Program became effective on August 6, 2026 and will remain in effect for a period of three years, while the 2025 Program was terminated on the same date. Under the share repurchase program, the Company may purchase its ordinary shares through various means, including open market transactions, privately negotiated transactions, block trades, any combination thereof or other legally permissible means. The Company may effect repurchase transactions in compliance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company’s working capital requirements, general business conditions and other factors. Conference Call The Company will host a conference call to discuss its financial results at 8:00 am U.S. Eastern Time on August 6, 2026. Participants can access the conference call at https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10210427&linkSecurityString=1046d15dde9 by entering their details to receive a call that will connect them to the conference. All participants are encouraged to dial in 15 minutes prior to the start time. A live and archived webcast of the conference call will be accessible on the Company’s investor relations website at: https://investors.gigacloudtech.com/. About GigaCloud Technology Inc GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, which it refers to as the “GigaCloud Marketplace,” integrates everything from discovery and payments to logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. The Company offers a truly comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories such as home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/. Non-GAAP Financial Measures The Company uses certain non-GAAP financial measures, including Adjusted EBITDA and Adjusted EPS – diluted, to understand and evaluate its core operating performance. Adjusted EBITDA is net income excluding interest, income taxes and depreciation and amortization, further adjusted to exclude share-based compensation expense. Adjusted EPS – diluted is a financial measure defined as our Adjusted EBITDA divided by our diluted weighted-average shares outstanding. Management uses Adjusted EBITDA and Adjusted EPS – diluted as measures of operating performance, for planning purposes, to allocate resources to enhance the financial performance of our business, to evaluate the effectiveness of our business strategies and in communications with our Board of Directors and investors concerning our financial performance. Non-GAAP financial measures, which may differ from similarly titled measures used by other companies, are presented to enhance investors’ overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. For more information on the non-GAAP financial measures, please see the tables captioned “Unaudited Reconciliation of Adjusted EBITDA” and “Unaudited Reconciliation of Adjusted EPS – diluted” set forth at the end of this press release. Forward-Looking Statements This press release contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. For investor and media inquiries, please contact: GigaCloud Technology Inc Investor RelationsEmail: [email protected] PondelWilkinson, Inc.Todd Kehrli (Investors) – [email protected]; Laurie Berman (Investors) – [email protected] Medici (Media) – [email protected]

Interested in GigaCloud Technology Inc.? Here are five stocks we like better. Strong Q2 performance: Revenue rose 28% year over year to $412 million, while diluted EPS increased 28% to $1.16 and net income reached a record $42 million. Marketplace and European expansion drove growth: GMV increased 21% to $1.7 billion, with European GMV up 66% and third-party sellers in Europe growing more than 400% year over year. Financial flexibility and outlook: GigaCloud ended the quarter debt-free with $379 million in liquidity, launched a new $120 million share-repurchase program, and forecast third-quarter revenue of $375 million to $400 million. 5 Small-Cap Stocks With Impressive Growth and Upside Potential GigaCloud Technology (NASDAQ:GCT) reported second-quarter revenue growth of 28% and record quarterly earnings per share, as the company cited marketplace expansion, European momentum and contributions from its New Classic acquisition despite continued pressure in the broader furniture market. Revenue for the quarter rose to $412 million, including 23% organic growth and a 5% contribution from New Classic, Chief Financial Officer Erica Wei said. Diluted GAAP earnings per share increased 28% year over year to $1.16, while net income climbed 22% to a quarterly record of $42 million, or 10.3% of revenue. → 3 Drone Stocks That Should Soar After the Summer Slump Improving Fundamentals Drive New Buybacks for 3 Strong Performers “Despite ongoing pressure from across the broader furniture landscape, we delivered 28% revenue growth and record earning per share,” Chief Executive Officer Larry Wu said. He said the company is pursuing growth through marketplace expansion, international operations and strategic investments, including its acquisitions of Noble House and New Classic. President Iman Schrock said trailing 12-month gross merchandise value, or GMV, rose 21% year over year to $1.7 billion as of June 30. Active third-party sellers increased 26% to 1,465, while active buyers grew 17% to 12,823. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth One Value, One Growth, and One Momentum Stock For Diversification Domestic GMV increased 9% during the quarter despite declines in the U.S. furniture industry, according to Schrock. He attributed the company’s performance to its marketplace model and supplier-fulfilled retailing approach. Service revenue rose 25% to $121 million, supported by demand for ocean freight, warehousing and last-mile services, as well as higher commission revenue tied to transaction volume. Service gross margin improved 3.2 percentage points sequentially to 11.7%, which Wei said reflected carrier optimization, responsive pricing and favorable ocean freight conditions. → Jersey Mike's Serves Fresh Gains After IPO Stumble The company’s long-term ocean freight contracts allowed service margins to benefit as spot rates increased during the quarter, Wei said. However, she added that future service margins will depend in part on market pricing, which she described as difficult to predict amid volatility in ocean freight markets. Product revenue grew 29% to $291 million. U.S. product revenue increased 17%, aided by a strong outdoor furniture season and capabilities obtained through the Noble House acquisition. Product gross margin was 31.4%, unchanged from the preceding quarter, while total company gross margin increased 1.7 percentage points sequentially to 25.6%. Europe was a major contributor to growth during the quarter. Quarterly GMV in the region rose 66% year over year, while European product revenue increased 54% to $109 million. Schrock said the company is seeing its international marketplace strategy gain traction as it uses first-party supply to establish product availability, attract buyers and support third-party seller participation. Third-party sellers in Europe increased more than 400% year over year and accounted for more than 15% of European marketplace GMV, up from 6% a year earlier. Wei said Europe is the company’s fastest-growing region and is becoming a strong product-margin contributor. The region’s service and logistics margin remains below that of the U.S. because logistics requires density and scale, she said, but she expects that gap to narrow as GigaCloud expands infrastructure and vendor relationships. New Classic generated $16.3 million in quarterly revenue. Its sales declined 8% year over year, an improvement from an approximately 20% decline reported in the first quarter following the acquisition’s close. Management said the initial decline reflected both industry challenges facing traditional wholesalers and disruption associated with the ownership transition. The company expects the integration to be completed by the middle of next year. Wei said the first stages of integration have focused on aligning teams, systems, processes and operations. GigaCloud has begun introducing some new products to New Classic customers, though management expects a more significant contribution over the next several quarters as integration advances and products are developed, shipped and sold. “We believe New Classic is following a similar path to Noble House, where operational improvements and disciplined execution unlock meaningful value over time,” Wei said. Operating cash flow was $48 million during the quarter. GigaCloud ended the period debt-free with $379 million in total liquidity, including cash equivalents, restricted cash and short-term investments. The company repurchased about $30 million of shares during the second quarter at a weighted average price of $39.55 per share. After June 30, it bought another $18 million of shares at an average price of $36 per share. Total repurchases under its prior $111 million authorization reached $81 million. GigaCloud’s board canceled the prior authorization and approved a new $120 million share repurchase program effective immediately, with a three-year duration. Wei said the company’s near-term merger-and-acquisition priority remains the New Classic integration, though it may evaluate future targets that expand product distribution, add technology capabilities or strengthen European logistics infrastructure. For the third quarter, GigaCloud expects revenue of $375 million to $400 million. Wei said the outlook includes expected inorganic contributions from New Classic and assumes continued operational stabilization at the acquired business. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "GigaCloud Technology Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.