GigaCloud Technology, Inc. Class A (GCT) Revenue By Segment

Displays how revenue is distributed across different parts of the business to help investors see which segments are expanding or contracting and where future profitability is likely to come from.

Product has transitioned from seasonal spikes to sustained, higher‑quality growth—rebounding after early‑2025 softness and driven by Europe expansion and M&A—while Service is accelerating into a meaningful second pillar but carries margin volatility from ocean spot rates and peak last‑mile costs. Management’s Q1 guidance includes the New Classic deal (mid‑teens contribution) and expects product and service to grow similarly, so revenue momentum looks durable; the key near‑term catalyst for upside will be service margin normalization and whether Europe’s exceptional pace sustains.