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GigaCloud Technology GCT Goodwill impairment

Goodwill impairment at other companies

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ShopifySHOP
$0
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Gloo Holdings, Inc.GLOO
$0-100%

Other financials

Income statement

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Revenue$411.6M+27.6%
Gross profit$105.6M+37.2%
Operating income$47.5M+32.6%
Net income$42.3M+22.5%
EPS (diluted)$1.16+27.5%

Balance sheet

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Cash & equivalents$335.2M+39.2%
Total debt$507.5M+8.2%
Total equity$534.0M+23.8%
Total assets$1.3B+17.6%

Cash flow

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Operating cash flow$48.4M+25.5%
CapEx$3.3M+110%
Free cash flow$45.1M+21.8%

Valuation

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Market cap$1.84B+62.0%
Enterprise value$2.02B+47.6%
P/E11.8×+3.3×
P/S1.3×+0.3×

Profitability

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Gross margin24%+0.3pp
Operating margin11.6%+0.5pp
Net margin10.6%-0.5pp
FCF margin10.7%-2.9pp

Returns & leverage

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Return on equity32.3%-1.4pp
Debt / equity-0.1×
Current ratio2.1×0.0×

Where this comes from

Reported directly by GigaCloud Technology in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: GigaCloud Technology’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:04 AM EST
Fiscal year
FY2025
Accession
0001857816-26-000018

The primary drivers that generate goodwill are the value of synergies that are expected from combining the activities of the acquirer and acquiree. The Group assesses goodwill impairment at the reporting unit level annually or more frequently if indicators of impairment are present. The group initially evaluates qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than it’s carrying amount. If the qualitative assessment is not conclusive, we quantitatively assess the fair value of a reporting unit to test goodwill for impairment. The Group did not incur impairment charges for goodwill in the years ended December 31, 2025, 2024 and 2023.

Item 8. Financial Statements and Supplementary Data

FAQ

What is GigaCloud Technology's goodwill impairment?
GigaCloud Technology (GCT) reported goodwill impairment of $0 in Q4 2025.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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