GigaCloud (GCT) Revenue & Revenue Breakdown


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GigaCloud Revenue Highlights


Latest Revenue (Y)

$1.16B

Latest Revenue (Q)

$303.32M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

GigaCloud Revenue by Period


GigaCloud Revenue by Year

DateRevenueChange
2024-12-31$1.16B64.96%
2023-12-31$703.83M43.62%
2022-12-31$490.07M18.32%
2021-12-31$414.20M50.36%
2020-12-31$275.48M125.26%
2019-12-31$122.30M-

GigaCloud generated $1.16B in revenue during NA 2024, up 64.96% compared to the previous quarter, and up 949.37% compared to the same period a year ago.

GigaCloud Revenue by Quarter

DateRevenueChange
2024-09-30$303.32M-2.43%
2024-06-30$310.87M23.81%
2024-03-31$251.08M2.59%
2023-12-31$244.74M37.36%
2023-09-30$178.17M16.35%
2023-06-30$153.13M19.82%
2023-03-31$127.80M1.75%
2022-12-31$125.60M-1.87%
2022-09-30$128.00M3.20%
2022-06-30$124.03M10.30%
2022-03-31$112.44M7.90%
2021-12-31$104.21M0.50%
2021-09-30$103.69M-7.23%
2021-06-30$111.77M18.24%
2021-03-31$94.53M21.60%
2020-12-31$77.73M-
2020-09-30$77.73M1.75%
2020-06-30$76.40M75.18%
2020-03-31$43.61M-

GigaCloud generated $303.32M in revenue during Q3 2024, up -2.43% compared to the previous quarter, and up 198.08% compared to the same period a year ago.

GigaCloud Revenue Breakdown


GigaCloud Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22
Product$810.77M$504.65M$349.44M
Service$350.27M$199.18M$140.63M
Packaging service$29.95M$17.30M-
Service, Other$19.70M$20.60M$16.81M

GigaCloud's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (66.97%), Service (28.93%), Packaging service (2.47%), and Service, Other (1.63%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24
Product$424.16M$202.94M$183.66M
Service, Other$4.19M$7.85M$7.66M
Packaging service$16.19M$7.48M$6.28M
Service$182.49M$100.37M$67.42M

GigaCloud's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product (67.65%), Service (29.10%), Packaging service (2.58%), and Service, Other (0.67%).

GigaCloud Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
GERMANY$71.16M
HONG KONG$11.19M
UNITED STATES$373.84M
Others$15.30M
JAPAN$44.35M

GigaCloud's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (72.47%), GERMANY (13.80%), JAPAN (8.60%), Others (2.97%), and HONG KONG (2.17%).

Quarterly Revenue by Country

CountrySep 24Mar 24
Others$5.64M$4.13M
HONG KONG$4.25M$3.60M
GERMANY$46.76M$29.27M
UNITED STATES$138.26M$140.32M
JAPAN$12.28M$9.94M

GigaCloud's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (66.73%), GERMANY (22.57%), JAPAN (5.93%), Others (2.72%), and HONG KONG (2.05%).

GigaCloud Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ADBEAdobe$21.50B$5.71B
PANWPalo Alto Networks$8.03B$2.26B
CRWDCrowdStrike$3.95B$1.01B
PLTRPalantir$2.87B$725.52M
ZSZscaler$2.17B$647.90M
NTNXNutanix$2.15B$654.72M
PATHUiPath$1.43B$316.25M
GCTGigaCloud$1.16B$303.32M
PGYPagaya$1.03B$257.23M
STEMStem$144.58M$29.29M
TLSTelos$108.27M$28.50M
CETXCemtrex$43.33M$13.74M
ALARAlarum$26.50M$8.38M
ARQQArqit Quantum$640.00K$59.50K

GCT Revenue FAQ


What is GigaCloud’s yearly revenue?

GigaCloud's yearly revenue for 2024 was $1.16B, representing an increase of 64.96% compared to 2023. The company's yearly revenue for 2023 was $703.83M, representing an increase of 43.62% compared to 2022. GCT's yearly revenue for 2022 was $490.07M, representing an increase of 18.32% compared to 2021.

What is GigaCloud’s quarterly revenue?

GigaCloud's quarterly revenue for Q3 2024 was $303.32M, a -2.43% decrease from the previous quarter (Q2 2024), and a 70.24% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $310.87M, a 23.81% increase from the previous quarter (Q1 2024), and a 103.01% increase year-over-year (Q2 2023). GCT's quarterly revenue for Q1 2024 was $251.08M, a 2.59% increase from the previous quarter (Q4 2023), and a 96.47% increase year-over-year (Q1 2023).

What is GigaCloud’s revenue growth rate?

GigaCloud's revenue growth rate for the last 3 years (2022-2024) was 136.91%, and for the last 5 years (2020-2024) was 321.46%.

What are GigaCloud’s revenue streams?

GigaCloud's revenue streams in c 24 are Product, Service, Packaging service, and Service, Other. Product generated $810.77M in revenue, accounting 66.97% of the company's total revenue, up 60.66% year-over-year. Service generated $350.27M in revenue, accounting 28.93% of the company's total revenue, up 75.85% year-over-year. Packaging service generated $29.95M in revenue, accounting 2.47% of the company's total revenue, up 73.17% year-over-year. Service, Other generated $19.7M in revenue, accounting 1.63% of the company's total revenue, down -4.37% year-over-year.

What is GigaCloud’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of GigaCloud was Product. This segment made a revenue of $810.77M, representing 66.97% of the company's total revenue.