What does nontaxable and nondeductible items mean?

This represents the adjustment to the tax provision resulting from items that are recognized for financial reporting but are not deductible or taxable for income tax purposes. It is a key component in understanding the divergence between reported net income and actual tax liabilities. Monitoring this helps assess the sustainability of the company's tax position.

GigaCloud Technology GCT Nontaxable and nondeductible items

Nontaxable and nondeductible items at other companies

FTI ConsultingFCN

$1.47M—

Lightpath TechnologiesLPTH

$59.35K+11,298%

Clear Channel Outdoor Holdings, Inc.CCO

$0—

John Wiley & Sons, Inc.WLYB

$870.5K—

BancFirst CorporationBANF

-$728.5K—

WhirlpoolWHR

$2M-82.6%

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:EffectiveIncomeTaxRateReconciliationNontaxableAndNondeductibleExpensePercent.

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 nontaxable and nondeductible items?: GigaCloud Technology (GCT) reported nontaxable and nondeductible items of 0% in Q4 2025.
What does nontaxable and nondeductible items mean?: This represents the adjustment to the tax provision resulting from items that are recognized for financial reporting but are not deductible or taxable for income tax purposes. It is a key component in understanding the divergence between reported net income and actual tax liabilities. Monitoring this helps assess the sustainability of the company's tax position.