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Earnings Data
Report Date
Aug 19, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.26Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear early-stage commercial progress with notable quarter-over-quarter and year-over-year improvements: 5G chipset shipments rose 58% sequentially, revenue grew 287% year-over-year, and gross margin expanded significantly to 49%. The company secured a strategic reference platform agreement with a major satellite provider and broadened customer distribution, and it has access to capital programs to support growth. Offsetting these positives are modest absolute revenue and cash balances, a portion of Q1 revenue driven by a one-time licensing recognition, anticipated normalization of gross margins as product mix changes, and a planned operating expense ramp to roughly $8M per quarter starting in Q3 — all of which raise near-term cash burn and timing risk. On balance, the call points to meaningful momentum but also highlights early-stage risks that management plans to mitigate through disciplined execution and financing options.Company Guidance
Rapid 5G Chipset Shipment Growth
Delivered 3,000 5G chipsets in Q1 2026, a sequential increase of 58% versus Q4, indicating customers moving from testing into initial deployments and early commercial traction.
Strong Year-Over-Year Revenue Increase
Net revenues rose to $1.9 million for Q1 2026, an increase of $1.4 million or 287% versus $0.5 million in Q1 2025, driven by a $0.4M increase in product sales and a $1.0M increase in service revenues.
Significant Gross Margin Improvement
Gross margin expanded to 49% in Q1 2026 from 18% in Q1 2025, largely due to a higher-margin revenue mix (service and licensing contribution) and a greater share of 5G/product sales.
Strategic Reference Platform Agreement
Expanded engagement with a top global satellite communications provider via a reference platform agreement (4G and 5G chipsets) to accelerate next-generation user equipment development across satellite and terrestrial networks; initial 5G chipset shipments to this partner on track to begin in H2 2026.
Broadening Customer Footprint
Product shipments in the quarter involved at least 5 customers (up to 7), with distribution channels contributing to customer diversification and reduced concentration risk over time.
Reduced R&D Spend and Improved Operating Discipline
R&D expense declined by $0.9 million or 23% year-over-year to $3.2 million, driven by lower project-specific IP and professional services, reflecting improved cost discipline in the quarter.
Access to Capital and Liquidity Tools
Finished the quarter with $7.2 million cash, $2.4 million accounts receivable and $1.6 million inventory; company has access to an at-the-market equity program of up to $75M and remaining $125M capacity on a $200M S-3 shelf, providing flexibility to support commercialization and production scaling.
GCTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GCTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 20, 2026 | $2.74 | $3.45 | +25.91% |
Mar 25, 2026 | $1.30 | $1.15 | -11.54% |
Nov 12, 2025 | $1.45 | $1.27 | -12.41% |
Aug 12, 2025 | $1.33 | $1.22 | -8.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gct Semiconductor Holding, Inc. Class A (GCTS) report earnings?
Gct Semiconductor Holding, Inc. Class A (GCTS) is schdueled to report earning on Aug 19, 2026, After Close (Confirmed).
What is Gct Semiconductor Holding, Inc. Class A (GCTS) earnings time?
Gct Semiconductor Holding, Inc. Class A (GCTS) earnings time is at Aug 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCTS EPS forecast?
GCTS EPS forecast for the fiscal quarter 2026 (Q2) is -0.08.