GCT Semiconductor Holding, Inc. (GCTS) Form 8-K — May 12, 2026
GCT Semiconductor reported first quarter 2026 financial results, showcasing a 287% year-over-year increase in total net revenue to $1.9 million. This growth was driven by a 58% sequential rise in 5G chipset shipments to 3,000 units, which management indicated signals the start of an anticipated commercial ramp. The company expanded its licensing agreement with a major global satellite communications provider to include additional chipset integrations. Gross margin improved significantly to 49.3%, up from 17.7% in the prior year period, attributed to higher margins from service offerings and increased 5G platform sales.
Key figures
- Revenue
- 1920000
- Revenue Yoy
- 287.1
- Total Assets
- 22378000
- Cash Position
- 7185000
- Shares Outstanding
- 66070000
- Gross margin
- 49.3
- Operating expenses
- 7079000
- Net revenues product
- 472000
- Net revenues service
- 1448000
- 5 G chipset shipments Q1 2026
- 3000
- 5 G chipset shipments Qo Q growth
- 58
Price after filing
Close on the filing date to close N calendar days later (from $1.63). Historical, not a forecast.
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