GCT Semiconductor Holding, Inc. (GCTS) Income Statement
GCTS FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsGCTS revenue and net income
Where GCTS's revenue goes
FY2025Each bar shows an amount and its share of revenue. GCTS kept −1,513.3% of revenue as net income.
GCTS profit margins
GCTS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −68.6% | −44.4% | — | — |
| Gross profit | −135.8% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GCTS quarterly EPS vs estimates
GCT Semiconductor beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 11, 2026 (estimate $-0.16).
GCTS income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $2.9M | $9.1M | $16.0M | $16.7M | $25.5M |
| Cost of revenue | $4.7M | $4.1M | $9.3M | $11.6M | $17.4M |
| Gross profit | −$1.8M | $5.1M | $6.7M | $5.1M | $8.2M |
| Research & development | $14.0M | $17.3M | $10.7M | $17.4M | $19.1M |
| Sales, general & admin | $20.7M | $10.8M | $10.6M | $10.4M | $6.8M |
| Total operating expenses | $34.7M | $18.2M | $21.3M | $27.8M | $26.0M |
| Operating income | −$36.5M | −$13.1M | −$14.6M | −$22.8M | −$17.8M |
| Interest income | — | — | — | $4,000 | $1,000 |
| Interest expense | $6.0M | $3.9M | $6.2M | $3.4M | $4.5M |
| Income before taxes | −$42.5M | −$11.9M | −$21.9M | −$26.3M | −$26.5M |
| Income taxes | $902,000 | $445,000 | $541,000 | $121,000 | $359,000 |
| Net income | −$43.4M | −$12.4M | −$22.5M | −$26.4M | −$26.8M |
| EBITDA | −$35.1M | −$6.7M | −$13.9M | −$21.4M | −$20.6M |
| EPS (diluted) | −$0.77 | −$0.27 | $0.08 | $0.65 | −$0.62 |
| Gross margin | −63.4% | 55.6% | 42.0% | 30.3% | 32.0% |
| Operating margin | −1,274.9% | −143.8% | −90.8% | −136.5% | −69.8% |
| Net margin | −1,513.3% | −135.6% | −140.2% | −158.4% | −105.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $971,000 | $1.9M | $758,000 | $430,000 | $1.2M | $496,000 | $1.8M | $2.6M | $1.5M | $3.3M | $4.2M | $4.5M |
| Cost of revenue | $1.2M | $973,000 | $2.0M | $1.5M | $804,000 | $408,000 | $1.2M | $984,000 | $547,000 | $1.3M | $2.3M | $3.9M |
| Gross profit | −$226,000 | $947,000 | −$1.2M | −$1.1M | $378,000 | $88,000 | $576,000 | $1.6M | $921,000 | $2.0M | $1.9M | $527,000 |
| Research & development | $3.3M | $3.2M | $3.1M | $3.3M | $3.5M | $4.1M | $3.4M | $4.2M | $4.2M | $5.5M | $3.5M | $2.4M |
| Sales, general & admin | $3.9M | $3.9M | $7.6M | $4.9M | $4.5M | $3.7M | $3.7M | $3.3M | $3.8M | $2.8M | $2.7M | $2.2M |
| Total operating expenses | $7.2M | $7.1M | $10.7M | $8.2M | $8.0M | $7.8M | $7.9M | $7.5M | $8.0M | −$5.3M | $6.2M | $4.5M |
| Operating income | −$7.4M | −$6.1M | −$12.0M | −$9.3M | −$7.6M | −$7.7M | −$7.4M | −$5.9M | −$7.1M | $7.2M | −$4.3M | −$4.0M |
| Interest expense | $1.2M | $1.8M | $1.6M | $1.8M | $1.5M | $1.1M | $358,000 | $667,000 | $760,000 | $2.1M | $1.4M | $1.2M |
| Income before taxes | −$20.3M | −$9.7M | −$8.4M | −$13.7M | −$13.5M | −$6.9M | −$4.7M | −$7.1M | −$976,000 | $816,000 | −$9.7M | −$4.3M |
| Income taxes | $108,000 | $128,000 | $580,000 | $178,000 | $39,000 | $105,000 | $258,000 | $61,000 | $67,000 | $59,000 | $416,000 | $38,000 |
| Net income | −$20.4M | −$9.9M | −$9.0M | −$13.8M | −$13.5M | −$7.0M | −$5.0M | −$7.1M | −$1.0M | $757,000 | −$10.2M | −$4.3M |
| EBITDA | −$7.0M | −$7.5M | −$6.4M | −$11.5M | −$11.6M | −$5.5M | −$4.0M | −$6.1M | $128,000 | $3.3M | −$6.7M | −$2.6M |
| EPS (diluted) | −$0.25 | −$0.15 | −$0.15 | −$0.25 | −$0.26 | −$0.15 | −$0.11 | −$0.16 | −$0.02 | $0.03 | −$0.12 | −$0.09 |
| Gross margin | −23.3% | 49.3% | −162.7% | −244.2% | 32.0% | 17.7% | 32.3% | 62.3% | 62.7% | 59.8% | 44.3% | 11.8% |
| Operating margin | −763.6% | −319.4% | −1,577.0% | −2,152.1% | −642.3% | −1,560.5% | −412.7% | −226.5% | −482.2% | 221.6% | −102.9% | −89.7% |
| Net margin | −2,098.7% | −513.8% | −1,189.6% | −3,220.7% | −1,145.3% | −1,404.8% | −278.5% | −272.8% | −71.0% | 23.2% | −242.6% | −97.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GCTS's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GCTS financial results
In fiscal year 2025 (ended September 30, 2025), GCT Semiconductor reported revenue of $2.9 million, down 68.6% from the year before. It had a net loss of $43.4 million, a net profit margin of −1,513.3%. Diluted earnings per share came to −$0.77.
See the GCTS stock overview for the latest quote and news, or the GCTS chart for price history and technical indicators.
GCTS income statement FAQ
What is GCT Semiconductor's annual revenue?
GCT Semiconductor reported total revenue of $2.9 million for fiscal year 2025, which ended on September 30, 2025. That was down 68.6% from $9.1 million the previous year.
Is GCT Semiconductor profitable?
No. GCT Semiconductor reported a net loss of $43.4 million in fiscal 2025, a net profit margin of −1,513.3%; its operating margin was −1,274.9%.
What is GCT Semiconductor's gross margin?
GCT Semiconductor's gross margin was −63.4% in fiscal 2025: for every $100 of revenue, GCT Semiconductor kept $-63 after the direct cost of its products and services.
How much does GCT Semiconductor spend on research and development?
GCT Semiconductor spent $14.0 million on research and development in fiscal 2025, 488.7% of revenue.
What are GCT Semiconductor's earnings per share?
GCT Semiconductor earned $-0.77 per diluted share in fiscal 2025, compared with $-0.27 a year earlier.
When will GCT Semiconductor report its next earnings?
GCT Semiconductor is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does GCT Semiconductor's fiscal year end?
GCT Semiconductor's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on March 25, 2026.