GigaCloud(US:GCT)2025-11-06 23:00Financial Performance (Q3'25) - Total Revenues reached $333 million, representing a 10% year-over-year growth from Q3'24[17] - Gross Profit was $77 million, a slight decrease of 0.4% compared to Q3'24[19] - Net Income amounted to $37 million, a 9% decrease year-over-year[22] - Diluted EPS stood at $0.99, a 1% increase compared to Q3'24[22] Marketplace Scale - GigaCloud Marketplace GMV reached $1.5 billion LTM ended 9/30/25, with a 21% year-over-year growth[24] - 3P Seller GigaCloud Marketplace GMV was $790 million LTM ended 9/30/25, showing a 24% year-over-year growth[24] User Growth - The platform has 1,232 active 3P sellers, reflecting a 17% year-over-year growth[25, 26] - Active buyers totaled 11,419, a 34% increase year-over-year[27] - Active buyer spend is approximately $130,000 LTM ended 9/30/25[27] Capital Allocation - The company repurchased $16 million in Class A shares under the 2025 authorization[28] - The company repurchased $69 million in Class A shares under the 2024 authorization[28] Buyer Spending Trends - Buyers who joined in 2024 increased their spending from $74 million in Q3'24 to $88 million in Q3'25, a 19% increase[57, 58]