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GigaCloud Technology GCT Change in unrecognized tax benefits

Change in unrecognized tax benefits at other companies

Equitable Holdings logo
Equitable HoldingsEQH
1%
Cavco Industries logo
Cavco IndustriesCVCO
$26.75K
FMC Corporation logo
FMC CorporationFMC
$0-100%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$4.25M
Valvoline logo
ValvolineVVV
$0-100%
Nabors Industries logo
Nabors IndustriesNBR
-$1.54M-236%

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+66.4%
Enterprise value$1.36B+42.3%
P/E8.2×+2.4×
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:EffectiveIncomeTaxRateReconciliationNetChangeInUnrecognizedTaxBenefitsAmount.

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 change in unrecognized tax benefits?
GigaCloud Technology (GCT) reported change in unrecognized tax benefits of $257.25K in Q4 2024.
How has GigaCloud Technology's change in unrecognized tax benefits changed year-over-year?
GigaCloud Technology's change in unrecognized tax benefits increased by 128.2% year-over-year, from $112.75K to $257.25K.
What is the long-term trend for GigaCloud Technology's change in unrecognized tax benefits?
Over 3 years (2021 to 2024), GigaCloud Technology's change in unrecognized tax benefits has grown at a 64.3% compound annual growth rate (CAGR), from $232K to $1.03M.
What does change in unrecognized tax benefits mean?
This tracks the net movement in unrecognized tax benefits, which are tax positions taken by the company that may not be sustained upon audit. It reflects the company's risk appetite regarding aggressive tax positions and potential future tax liabilities. Changes in this metric indicate shifts in tax strategy or the resolution of tax disputes.