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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Accounting Policies [Abstract]

Summary of Reconciliation of Cash 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:

			March 31, 2025						December 31, 2024
			(In thousands)
Cash and cash equivalents			$	251,711					$	259,759
Restricted cash			697						685
Total cash, cash equivalents and restricted cash shown in the unaudited condensed consolidated statements of cash flows			$	252,408					$	260,444

Summary of Accounts Receivable Balance

			March 31, 2025						December 31, 2024
			proportion of total accounts receivable balance						proportion of total accounts receivable balance
Customer A			19.4		%				19.7		%

Schedule of Long-Lived Assets by Geographic Areas

Long-lived assets consist of property and equipment and operating lease right-of-use assets. The geographic information for long-lived assets as of March 31, 2025 and December 31, 2024 was as follows:

			March 31, 2025						December 31, 2024
			(In thousands)
The United States			$	439,022					$	456,563
Others			32,358						24,865
Total long-lived assets			$	471,380					$	481,428

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 months ended March 31, 2025 and 2024 are as follows:

			Three Months Ended March 31,
			2025						2024
Revenues by geographic regions:			(In thousands)
Hong Kong			$	4,335					$	3,598
Platform commission			4,335						3,598
United States			10,797						9,741
Others(1)			561						60
Ocean transportation service			11,358						9,801
United States			2,711						3,543
Others(1)			61						7
Drayage service			2,772						3,550
United States			13,660						9,090
Others(1)			418						237
Warehousing service			14,078						9,327
United States			42,508						37,377
Germany			5,787						2,010
Others(1)			949						576
Last-mile delivery service			49,244						39,963
United States			7,178						5,753
Others(1)			72						526
Packaging service			7,250						6,279
United States			4,204						4,025
Others(1)			827						80
Others			5,031						4,105
Service revenues			$	94,068					$	76,623
United States			109,594						131,433
Germany			51,551						29,273
Japan			10,779						9,621
Others(1)			5,914						4,127
Product revenues			$	177,838					$	174,454
Total revenues			$	271,906					$	251,077

_____________________

(1)No other individual region’s revenues exceeded 10% of the Company’s total revenues for the three months ended March 31, 2025 and 2024.

Accounting Standards Update and Change in Accounting Principle

Certain financial statement line items included in the unaudited condensed consolidated statements of comprehensive income for the three month periods ended March 31, 2025 and 2024, respectively, were adjusted as follows:

						Three Months Ended March 31, 2025																		Three Months Ended March 31, 2024
						As computed under previous method						Effect of change						As reported under preferable method						As computed under previous method						Effect of change						As reported under preferable method
						(In thousands)																		(In thousands)
Revenues
Service revenues						$	85,655					$	8,413					$	94,068					$	67,415					$	9,208					$	76,623
Product revenues						186,251						(8,413)						177,838						183,662						(9,208)						174,454
Cost of revenues
Services						71,819						7,337						79,156						54,431						8,269						62,700
Products						136,361						(7,337)						129,024						130,098						(8,269)						121,829

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