GigaCloud (GCT) Revenue & Revenue Breakdown
GigaCloud Revenue Highlights
Latest Revenue (Y)
$703.83M
Latest Revenue (Q)
$310.87M
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
GigaCloud Revenue by Period
GigaCloud Revenue by Year
Date | Revenue | Change |
---|---|---|
2023-12-31 | $703.83M | 43.62% |
2022-12-31 | $490.07M | 18.32% |
2021-12-31 | $414.20M | 50.36% |
2020-12-31 | $275.48M | 125.26% |
2019-12-31 | $122.30M | - |
GigaCloud Revenue by Quarter
Date | Revenue | Change |
---|---|---|
2024-06-30 | $310.87M | 23.81% |
2024-03-31 | $251.08M | 2.59% |
2023-12-31 | $244.74M | 37.36% |
2023-09-30 | $178.17M | 16.35% |
2023-06-30 | $153.13M | 19.82% |
2023-03-31 | $127.80M | 1.75% |
2022-12-31 | $125.60M | -1.87% |
2022-09-30 | $128.00M | 3.20% |
2022-06-30 | $124.03M | 10.30% |
2022-03-31 | $112.44M | 7.90% |
2021-12-31 | $104.21M | 0.50% |
2021-09-30 | $103.69M | -7.23% |
2021-06-30 | $111.77M | 18.24% |
2021-03-31 | $94.53M | 21.60% |
2020-12-31 | $77.73M | - |
2020-09-30 | $77.73M | 1.75% |
2020-06-30 | $76.40M | 75.18% |
2020-03-31 | $43.61M | - |
GigaCloud Revenue Breakdown
GigaCloud Revenue Breakdown by Product
Annual Revenue by Product
Product/Service | Dec 23 | Dec 22 |
---|---|---|
Service | $199.18M | $140.63M |
Service, Other | $20.60M | $16.81M |
Product | $504.65M | $349.44M |
Packaging service | $17.30M | - |
Quarterly Revenue by Product
Product/Service | Mar 24 |
---|---|
Product | $183.66M |
Service, Other | $7.66M |
Packaging service | $6.28M |
Service | $67.42M |
GigaCloud Revenue Breakdown by Country
Annual Revenue by Country
Country | Dec 23 |
---|---|
UNITED STATES | $373.84M |
Others | $15.30M |
HONG KONG | $11.19M |
JAPAN | $44.35M |
GERMANY | $71.16M |
Quarterly Revenue by Country
Country | Mar 24 |
---|---|
UNITED STATES | $140.32M |
HONG KONG | $3.60M |
GERMANY | $29.27M |
JAPAN | $9.94M |
Others | $4.13M |
GigaCloud Peer Comparison by Revenue
Ticker | Company | Last Year Revenue | Last Quarter Revenue |
---|---|---|---|
STEM | Stem | $461.51B | $34.00M |
ADBE | Adobe | $19.41B | $5.31B |
VMW | VMware | $13.35B | $3.41B |
PANW | Palo Alto Networks | $8.03B | $1.98B |
CRWD | CrowdStrike | $3.06B | $963.87M |
PLTR | Palantir | $2.23B | $678.13M |
NTNX | Nutanix | $1.86B | $524.58M |
ZS | Zscaler | $1.62B | $553.20M |
PATH | UiPath | $1.31B | $316.25M |
NEWR | New Relic | $925.63M | $242.76M |
PGY | Pagaya | $772.81M | $242.59M |
GCT | GigaCloud | $703.83M | $310.87M |
TLS | Telos | $145.38M | $28.50M |
CETX | Cemtrex | $59.37M | $6.19M |
IRNT | IronNet | $27.26M | $6.97M |
ALAR | Alarum | $26.50M | $8.38M |
ARQQ | Arqit Quantum | $640.00K | $59.50K |
GCT Revenue FAQ
What is GigaCloud’s yearly revenue?
GigaCloud's yearly revenue for 2023 was $703.83M, representing an increase of 43.62% compared to 2022. The company's yearly revenue for 2022 was $490.07M, representing an increase of 18.32% compared to 2021. GCT's yearly revenue for 2021 was $414.2M, representing an increase of 50.36% compared to 2020.
What is GigaCloud’s quarterly revenue?
GigaCloud'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). The company'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). GCT's quarterly revenue for Q4 2023 was $244.74M, a 37.36% increase from the previous quarter (Q3 2023), and a 94.85% increase year-over-year (Q4 2022).
What is GigaCloud’s revenue growth rate?
GigaCloud's revenue growth rate for the last 3 years (2021-2023) was 69.93%, and for the last 5 years (2019-2023) was 475.51%.
What are GigaCloud’s revenue streams?
GigaCloud's revenue streams in c 23 are Service, Service, Other, Product, and Packaging service. Service generated $199.18M in revenue, accounting 26.85% of the company's total revenue, up 41.64% year-over-year. Service, Other generated $20.6M in revenue, accounting 2.78% of the company's total revenue, up 22.51% year-over-year. Product generated $504.65M in revenue, accounting 68.04% of the company's total revenue, up 44.41% year-over-year. Packaging service generated $17.3M in revenue, accounting 2.33% of the company's total revenue
What is GigaCloud’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of GigaCloud was Product. This segment made a revenue of $504.65M, representing 68.04% of the company's total revenue.