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GigaCloud Technology GCT Reversal of subscription receivable from ordinary shares

Reversal of subscription receivable from ordinary shares at other companies

Imax logo
ImaxIMAX
-$10K+92.2%
InnovAge Holdings, Inc. logo
InnovAge Holdings, Inc.INNV
$0+100%
Ingredion logo
IngredionINGR
-$14M+74.5%
ProAssurance logo
ProAssurancePRA
$0-100%
Fabrinet logo
FabrinetFN
$115K
Capital One Financial logo
Capital One FinancialCOF
$519M+72.4%

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:CommonStockShareSubscribedButUnissuedSubscriptionsReceivableReversed.

The official record: GigaCloud Technology’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GigaCloud Technology's reversal of subscription receivable from ordinary shares?
GigaCloud Technology (GCT) reported reversal of subscription receivable from ordinary shares of $0 in Q4 2025.
What does reversal of subscription receivable from ordinary shares mean?
This represents the reversal or adjustment of receivables related to shares that have been subscribed to by investors but not yet fully issued or paid for. It reflects changes in equity-related working capital and the status of capital raising activities. This metric is useful for understanding the timing and realization of equity-based financing.