)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
GCT Semiconductor Holding (GCTS) investor relations material
GCT Semiconductor Holding Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Achieved first 5G product revenue in Q3 2025, marking a key milestone in commercialization and the start of a planned sales ramp, with strong early demand and over 2,500 chipset orders.
Successfully completed 5G chipset and module sampling with lead customers, including Airspan Networks and Orbic, receiving positive feedback and validation.
Gogo is set to be the first 5G network operator to activate full service using the company's chipset before year-end 2025, following successful field testing.
Specializes in fabless semiconductor design and sales, focusing on 4G/5G wireless chipsets for industrial, B2B, and consumer applications, with global operations and R&D in South Korea.
Continues to experience significant operating losses and negative cash flows, with ongoing dependence on external financing and related party loans.
Financial highlights
Net revenues for Q3 2025 were $0.4 million, down 84% from $2.6 million in Q3 2024, mainly due to a $1.6 million decrease in product sales.
Gross margin for Q3 2025 was negative due to insufficient product revenue to absorb overhead, compared to 62% in Q3 2024.
Net loss for Q3 2025 was $13.8 million, compared to $7.1 million in Q3 2024; nine-month net loss was $34.4 million.
R&D expenses decreased by $1 million to $3.3 million, mainly due to lower professional services after 5G chip design completion.
Cash and cash equivalents stood at $8.3 million as of September 30, 2025.
Outlook and guidance
Margins expected to improve substantially as 5G product sales ramp up, with significant contribution anticipated from Q1 2026.
Expects commercial 5G product shipments to begin late Q4 2025 or early Q1 2026, with break-even adjusted EBITDA targeted for Q3 2026 and positive operational cash flow in Q4 2026.
Ongoing need for additional capital to fund operations and meet debt obligations; substantial doubt exists about ability to continue as a going concern without new financing.
Focus remains on scaling production, aligning supply chain, and supporting customer launches into 2026.
Plans to expand product lineup for future 5G applications, including automotive and IoT.
What drives Q3 2026 EBITDA breakeven confidence?
Key supply chain challenges for 5G volume ramp
When do other 5G customers activate services?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next GCT Semiconductor Holding earnings date
Q4 202525 Mar, 2026
Next GCT Semiconductor Holding earnings date
Q4 202525 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
GCT Semiconductor Holding Inc. is a fabless semiconductor company that specializes in designing, developing, and marketing integrated circuits primarily for the wireless communications industry. The company provides advanced 4G LTE and 5G solutions, including RF and modem chipsets, which are used in a wide range of devices such as smartphones, tablets, routers, and various IoT applications. GCT Semiconductor Holding Inc. is headquartered in San Jose, California, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage