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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Summary 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, 2025						December 31, 2024
			(In thousands)
Cash and cash equivalents			$	240,119					$	259,759
Restricted cash			691						685
Total cash, cash equivalents and restricted cash shown in the unaudited condensed consolidated statements of cash flows			$	240,810					$	260,444

Summary of Accounts Receivable Balance

			June 30, 2025						December 31, 2024
			proportion of total accounts receivable balance						proportion of total accounts receivable balance
Customer A			22.3		%				19.7		%
Customer B			10.3		%				*
Customer C			10.2		%				*

*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, 2025 and December 31, 2024 was as follows:

			June 30, 2025						December 31, 2024
			(In thousands)
The United States			$	419,300					$	456,563
Others			47,371						24,865
Total long-lived assets			$	466,671					$	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 and six months ended June 30, 2025 and 2024 were as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Revenues by geographic regions:			(In thousands)
Hong Kong			$	4,806					$	4,479					$	9,141					$	8,077
Platform commission			4,806						4,479						9,141						8,077
United States			8,099						15,436						18,896						25,177
Others(1)			213						68						774						128
Ocean transportation service			8,312						15,504						19,670						25,305
United States			3,180						3,609						5,891						7,152
Others(1)			62						8						123						15
Drayage service			3,242						3,617						6,014						7,167
United States			12,966						9,326						26,626						18,416
Others(1)			514						263						932						500
Warehousing service			13,480						9,589						27,558						18,916
United States			45,607						48,149						88,115						85,526
Germany			7,052						3,086						12,839						5,096
Others(1)			1,290						724						2,239						1,300
Last-mile delivery service			53,949						51,959						103,193						91,922
United States			8,171						6,921						15,349						12,674
Others(1)			96						765						168						1,291
Packaging service			8,267						7,686						15,517						13,965
United States			4,588						2,376						8,792						6,401
Others(1)			280						577						1,107						657
Others			4,868						2,953						9,899						7,058
Service revenues			$	96,924					$	95,787					$	190,992					$	172,410
United States			141,452						159,007						251,046						290,440
Germany			62,703						40,092						114,254						69,365
Japan			12,822						10,230						23,601						19,851
Others(1)			8,705						5,751						14,619						9,878
Product revenues			$	225,682					$	215,080					$	403,520					$	389,534
Total revenues			$	322,606					$	310,867					$	594,512					$	561,944

_____________________
(1) No other individual region’s revenues exceeded 10% of the Company’s total revenues for the three and six months ended June 30, 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 June 30, 2025 and 2024, and the six month periods ended June 30, 2025 and 2024, respectively, were adjusted as follows:

						Three Months Ended June 30, 2025																		Three Months Ended June 30, 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						$	88,248					$	8,676					$	96,924					$	85,378					$	10,409					$	95,787
Product revenues						234,358						(8,676)						225,682						225,489						(10,409)						215,080
Cost of revenues
Services						78,185						7,671						85,856						74,040						8,786						82,826
Products						167,477						(7,671)						159,806						160,380						(8,786)						151,594

						Six Months Ended June 30, 2025																		Six Months Ended June 30, 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						$	173,903					$	17,089					$	190,992					$	152,793					$	19,617					$	172,410
Product revenues						420,609						(17,089)						403,520						409,151						(19,617)						389,534
Cost of revenues
Services						150,004						15,008						165,012						128,471						17,055						145,526
Products						303,838						(15,008)						288,830						290,478						(17,055)						273,423

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