GCT Semiconductor Q2 FY26 net loss widens 50.5% to $20.4 million; revenue falls 17.9% to $1 million

• GCT Semiconductor posted Q2 2026 net loss of $20.4 million, widening 50.5% year over year; net loss included $12.3 million warrant-liability fair-value loss.
• Net revenues fell 17.9% to $1 million; gross margin turned negative from 32% a year earlier on low product revenue.
• Adjusted EBITDA loss (non-GAAP) narrowed 1.7% to $6.6 million; operating expenses slipped 9.8% to $7.2 million.
• 5G chipset shipments rose about 71% sequentially to more than 5,100; CEO John Schlaefer cited demand across FWA, satellite connectivity, private networks, industrial IoT.
• Cash and cash equivalents totaled $30.2 million; outlook calls for second-half 2026 aggregate 5G shipments to exceed first-half levels.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCT Semiconductor Holding Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608101605BIZWIRE_USPR_____20260810_BW826354) on August 10, 2026, and is solely responsible for the information contained therein.