v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash
A reconciliation of cash, cash equivalents and restricted cash in the unaudited condensed consolidated balance sheets to the amounts in the unaudited condensed consolidated statements of cash flows is as follows:
June 30, 2026December 31, 2025
(In thousands)
Cash and cash equivalents$334,497 $379,780 
Restricted cash739 760 
Total cash, cash equivalents and restricted cash shown in the unaudited condensed consolidated statements of cash flows$335,236 $380,540 
Schedule of Accounts Receivable Balance
June 30, 2026December 31, 2025
proportion of total accounts
receivable balance 		proportion of total accounts
receivable balance
Customer A25.3%21.7%
Customer B10.7%*
Customer C*13.3%
*Less than 10.0% of total accounts receivable balance as of the period end.
Schedule of Long-Lived Assets by Geographic Areas The geographic information for long-lived assets as of June 30, 2026 and December 31, 2025 was as follows:
June 30, 2026December 31, 2025
(In thousands)
The United States$404,485 $407,887 
Others90,071 55,849 
Total long-lived assets$494,556 $463,736 
Schedule of Revenue from External Customers by Geographic Areas
Revenues reported are attributed to geographic areas based on locations of the Group’s fulfillment centers, except for platform commission revenues which are attributed to Hong Kong, where the server of the GigaCloud Marketplace is located. Revenues by geographic regions for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026
2025
2026
2025
Revenues by geographic regions:
(In thousands)
Hong Kong$6,245 $4,806 $11,750 $9,141 
Platform commission6,245 4,806 11,750 9,141 
United States9,379 8,099 16,064 18,896 
Germany1,143 197 2,234 758 
Others(1)
157 16 230 16 
Ocean transportation service10,679 8,312 18,528 19,670 
United States2,361 3,180 4,861 5,891 
Germany750 60 1,380 121 
Others(1)
27 2 47 2 
Drayage service3,138 3,242 6,288 6,014 
United States13,929 12,966 28,697 26,626 
Germany1,876 368 2,954 667 
Others(1)
238 146 459 265 
Warehousing service16,043 13,480 32,110 27,558 
United States8,712 8,171 17,834 15,349 
Germany495 69 852 114 
Others(1)
75 27 122 54 
Packaging service9,282 8,267 18,808 15,517 
United States53,509 45,607 107,694 88,115 
Germany14,496 7,052 27,729 12,839 
Others(1)
2,034 1,290 3,609 2,239 
Last-mile delivery service70,039 53,949 139,032 103,193 
United States4,853 4,588 9,696 8,792 
Germany336 81 597 118 
Others(1)
211 199 557 989 
Others5,400 4,868 10,850 9,899 
Service revenues$120,826 $96,924 $237,366 $190,992 
United States164,978 141,452 291,256 251,046 
Germany94,808 62,703 187,519 114,254 
Japan13,231 12,822 24,762 23,601 
Others(1)
17,800 8,705 30,228 14,619 
Product revenues$290,817 $225,682 $533,765 $403,520 
Total revenues$411,643 $322,606 $771,131 $594,512 
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(1) Other regions mainly include the U.K., Japan, Canada and Hong Kong, with variations across different product/ service lines. No other individual region’s revenues exceeded 10% of the Company’s total revenues for the three and six months ended June 30, 2026 and 2025.