GigaCloud Technology is trading 10.3% up today at $51.00 after reporting record second-quarter 2026 results that topped analyst expectations.
- Revenue rose 27.6% year-over-year to $411.6 million, while diluted EPS reached $1.16, with both metrics exceeding consensus estimates.
- Gross margin expanded to 25.6% alongside robust marketplace GMV growth, fueling bullish sentiment despite broader volatility in the tech sector.