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GigaCloud Technology GCT Prior year settlements and claims

Prior year settlements and claims at other companies

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Ford Motor CompanyF
0%-0.3pp
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3MMMM
0+20.0%
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SyscoSYY
0.2%+0.1pp
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SeaboardSEB
$1.5M
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Cadence Design SystemsCDNS
$3.5M
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PlexusPLXS
0%0.0pp

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$1.16B+66.4%
Enterprise value$1.3B+42.3%
P/E7.8×+2.3×
P/S0.8×+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:EffectiveIncomeTaxRateReconciliationPriorYearSettlementClaimsAmount.

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 prior year settlements and claims?
GigaCloud Technology (GCT) reported prior year settlements and claims of -$602.75K in Q4 2024.
How has GigaCloud Technology's prior year settlements and claims changed year-over-year?
GigaCloud Technology's prior year settlements and claims decreased by 335.2% year-over-year, from -$138.5K to -$602.75K.
What is the long-term trend for GigaCloud Technology's prior year settlements and claims?
Over 2 years (2022 to 2024), GigaCloud Technology's prior year settlements and claims has grown at a 85.5% compound annual growth rate (CAGR), from $701K to -$2.41M.
What does prior year settlements and claims mean?
Reflects adjustments to the current period's tax provision resulting from the resolution of prior-year tax audits, settlements, or claims. It provides insight into the volatility and historical accuracy of the company's tax reporting and potential tax-related legal risks.