NYSE$GCTS
GCT Semiconductor Holding Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
GCT Semiconductor reported a sharp revenue decline and widened net loss in Q1 2025 as it ramped up investment in its 5G transition strategy.
GCT Semiconductor posted $0.5 million in revenue for Q1 2025, down 84.8% year-over-year, with a gross margin of 17.7%. The company reported a net loss of $7.0 million and continued to invest in R&D and operational alignment ahead of its 5G chipset launch, which is expected to begin sampling in late May 2025.
- Revenue fell to $0.5 million, an 84.8% decline from Q1 2024.
- Gross margin was 17.7%, down from 59.8% YoY.
- Net loss widened to $7.0 million due to lower revenue and absence of one-time gain seen in Q1 2024.
- Cash and cash equivalents stood at $1.0 million at quarter-end.
Headline financials
Revenue & EPS history
GCT · Revenue · Quarterly
$496K
Revenue by segment
GCT · $4.48M total across 2 segments · Q3 2023
- Product revenue$4.03M—89.9%
- Service revenue$450K—10.1%
Forward guidance
GCT anticipates 5G chipset sampling to begin at the end of May 2025, expecting revenue and gross margin to increase in H2 2025 as volume shipments commence.
Tailwinds
- Finalized 5G chipsets completed and under internal evaluation
- Sampling to customers expected by end of May 2025
- Signed LOI with Orbic to co-develop 5G hotspot and FWA gateway
- 5G ASP projected to be 4x higher than 4G offerings
- Filed $200M shelf registration for financial flexibility
Headwinds
- Revenue significantly declined YoY amid 4G-to-5G transition
- Gross margin dropped over 42 percentage points YoY
- Operating expenses exceeded revenue by over 15x
- Cash balance remains low at $1.0 million
- Net loss widened due to lack of one-time gains seen last year
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q1 2025
-5.0%
Avg return
Earnings day
-5.4%
Avg return
5 days after
-1.2%
Avg return
30 days after
22%
4 / 18 earnings
Positive
+1.2%
Q1 2026
Best reaction
-41.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.0% | -6.5% | — | |
| Q1 2026 | +1.2% | +14.4% | +58.7% | |
| Q3 2025 | -12.6% | -6.2% | +0.0% | |
| Q2 2025 | -8.3% | -6.8% | +13.5% | |
| Q1 2025 | -41.2% | -46.4% | -37.7% | |
| Q4 2024 | -16.7% | -21.5% | -30.6% | |
| Q3 2024 | -9.1% | -11.0% | +3.9% | |
| Q2 2024 | +0.8% | -5.9% | -24.7% | |
| Q1 2024 | -4.3% | -8.0% | -5.7% | |
| Q4 2023 | +0.0% | +0.2% | +0.4% | |
| Q3 2023 | +0.1% | +0.0% | -0.2% | |
| Q2 2023 | +0.0% | +0.0% | +1.1% | |
| Q1 2023 | -0.2% | -0.1% | -0.1% | |
| Q4 2022 | +0.0% | +0.4% | +0.9% | |
| Q3 2022 | +0.0% | +0.0% | +0.1% | |
| Q2 2022 | +0.0% | +0.0% | +0.5% | |
| Q1 2022 | +0.0% | +0.0% | +0.0% | |
| Q4 2021 | +0.1% | -0.1% | -0.4% |
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