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GigaCloud Technology GCT Changes in accounts payable, accrued expenses and other current liabilities

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Other financials

Income statement

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Revenue$359.5M+32.2%
Gross profit$85.8M+34.7%
Operating income$42.5M+50.0%
Net income$38.1M+40.4%
EPS (diluted)$1.04+52.9%

Balance sheet

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Cash & equivalents$331.0M+31.2%
Total debt$476.0M+0.8%
Total equity$510.3M+23.6%
Total assets$1.2B+12.8%

Cash flow

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Operating cash flow-$21.7M-330%
CapEx$4.5M+86.6%
Free cash flow-$26.2M-472%

Valuation

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Market cap$1.22B+75.0%
Enterprise value$1.36B+48.8%
P/E8.2×+2.7×
P/S0.9×+0.3×

Profitability

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Gross margin23.4%-0.5pp
Operating margin11.6%+1.0pp
Net margin10.8%+0.1pp
FCF margin10.9%-0.8pp

Returns & leverage

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Return on equity32.1%-2.3pp
Debt / equity0.9×-0.2×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by GigaCloud Technology in its filing.

Tagged under the XBRL concept gct:IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherCurrentLiabilities.

The official record: GigaCloud Technology’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GigaCloud Technology's changes in accounts payable, accrued expenses and other current liabilities?
GigaCloud Technology (GCT) reported changes in accounts payable, accrued expenses and other current liabilities of -$17.43M in Q1 2026.
How has GigaCloud Technology's changes in accounts payable, accrued expenses and other current liabilities changed year-over-year?
GigaCloud Technology's changes in accounts payable, accrued expenses and other current liabilities decreased by 219.8% year-over-year, from $14.55M to -$17.43M.
What is the long-term trend for GigaCloud Technology's changes in accounts payable, accrued expenses and other current liabilities?
Over 2 years (2022 to 2025), GigaCloud Technology's changes in accounts payable, accrued expenses and other current liabilities has grown at a 58.8% compound annual growth rate (CAGR), from $20.98M to $52.91M.
What does changes in accounts payable, accrued expenses and other current liabilities mean?
This metric represents the net change in short-term obligations owed to suppliers, service providers, and other creditors during the reporting period. It reflects the company's ability to manage working capital by timing payments to vendors relative to its own cash inflows. An increase indicates that the company is retaining cash longer by delaying payments or accruing expenses.