• GigaCloud Technology discussed first-quarter 2026 results on May 7 with Founder and CEO Larry Lei Wu, President Iman Schrock, CFO Erica Wei; Q&A included analysts from Maxim Group, Lake Street Capital Markets, Roth Capital Partners, Aegis Capital.
• Revenue rose 32% to USD 359 million; EPS increased 53% to USD 1.04; trailing 12-month GMV rose 17% to USD 1.7 billion with active buyers up 25% to 12,473.
• Europe drove outsized momentum with quarterly marketplace GMV up 83%; management cited a fragmented market and scaling benefits, with warehousing currently in Germany and UK and planning for additional fulfillment centers as 3P volume grows.
• New Classic integration remained on track for roughly six quarters; management expects near-term disruption similar to Noble House, with New Classic down about 20% year over year on a stand-alone basis, before a return to growth and margin accretion.
• Service gross margin pressures tied to low ocean spot rates and ground-shipping overcapacity; management flagged rising oil prices as a cost headwind across ocean and ground delivery, with pricing discipline used to manage increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GigaCloud Technology Inc. published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.