GCT Semiconductor Holding (GCTS) financial statements
GCT Semiconductor Holding reported revenue of $3M in fiscal 2025, down 57.7% a year over 2 years.
Net income was -$43M.
Free cash flow was -$33M.
The diluted share count rose 120% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from GCT Semiconductor Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | — | $16M | $9M | $3M |
| Cost of revenue | — | $9M | $4M | $5M |
| Gross profit | — | $7M | $5M | -$2M |
| Research and development | — | $11M | $17M | $14M |
| Selling, general and admin | — | $11M | $15M | $21M |
| Operating income | -$1M | -$15M | -$13M | -$37M |
| Interest expense | — | $6M | $4M | $6M |
| Pre-tax income | $25M | -$22M | -$12M | -$42M |
| Income tax | $995,207 | $541,000 | $445,000 | $902,000 |
| Net income | $24M | -$22M | -$12M | -$43M |
| EPS (diluted) | — | -$0.94 | -$0.30 | -$0.82 |
| Diluted shares | — | 24M | 41M | 53M |
| Gross margin | — | 42.0% | 55.6% | -63.4% |
| Operating margin | — | -90.8% | -143.8% | -1274.9% |
| Net margin | — | -140.2% | -135.6% | -1513.3% |
Balance sheet
Fiscal years, from GCT Semiconductor Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $352M | $258,000 | $1M | $590,000 |
| Receivables | — | $5M | $6M | $3M |
| Inventory | — | $1M | $3M | $947,000 |
| Total current assets | $852,602 | $13M | $18M | $12M |
| Property, plant and equipment | — | $772,000 | $869,000 | $3M |
| Total assets | $357M | $16M | $20M | $16M |
| Total current liabilities | $574,800 | $115M | $61M | $80M |
| Long-term debt | — | $6M | $5M | $6M |
| Total liabilities | $15M | $132M | $79M | $99M |
| Shareholders' equity | -$95M | -$115M | -$59M | -$83M |
| Net debt | -$521,149 | $78M | $41M | $62M |
Cash flow
Fiscal years, from GCT Semiconductor Holding's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$2M | -$9M | -$31M | -$31M |
| Capital spending | — | $331,000 | $542,000 | $2M |
| Free cash flow | — | -$9M | -$31M | -$33M |
| Stock-based compensation | — | $43,000 | $3M | $6M |
| Share buybacks (net) | — | -$318M | — | — |
| Net borrowing | — | $7M | -$2M | $18M |
| Free cash flow margin | — | -57.1% | -345.1% | -1154.4% |
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Open GCTS in InvestinglyQuestions
What was GCT Semiconductor Holding's revenue in 2025?
$3M in fiscal 2025, from its 10-K filing.
How much free cash flow does GCT Semiconductor Holding generate?
-$33M in fiscal 2025 (operating cash flow minus capital spending).
From GCT Semiconductor Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.