NASDAQ$GRRR

Gorilla Technology Group Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close

Briefing

Gorilla Q3 record $26.5M revenue (+32%); near breakeven with $121M cash

Gorilla Technology Group reported Q3 2025 revenue of $26.5 million, up 32% year over year and the strongest quarter in company history, driven by AI infrastructure, public safety, and enterprise projects across Asia, the Middle East, Europe, and the Americas. Operating income swung to $0.4 million from a $6.0 million loss, while net loss was essentially breakeven at $0.03 million versus $7.8 million in Q3 2024. Adjusted EBITDA rose 21% to $6.8 million and adjusted net income increased 72% to $6.0 million. Unrestricted cash grew to $110.2 million from $21.7 million at year-end 2024, and total debt fell 30% to $15.1 million.

  • Q3 revenue $26.5M (+32% YoY), record quarter; operating income $0.4M vs $6.0M loss prior year.
  • Net loss near breakeven at $0.03M; adjusted net income $6.0M (+72%); adjusted EBITDA $6.8M.
  • Unrestricted cash $110.2M (+408% vs Dec 2024); total debt $15.1M (-30%).
  • Secured $1.4B AI data centre mandate; pipeline exceeds $7B.
  • 2026 revenue guidance $137M–$200M; 2025 guidance unchanged at $100M–$110M revenue.

Headline financials

Total Revenue

$26.5M

No prior period
EPS (adj)

$0.26

No prior period
Adjusted EBITDA

$6.8M

No prior period
Unrestricted cash

$110M

No prior period
Total Debt

$15.1M

No prior period
Net Income

-$28.2K

No prior period
Operating Income

$425K

No prior period

Revenue & EPS history

Gorilla Technology Group Inc · Revenue · Quarterly

$26.5M

Q3 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

FY2026 revenue expected $137M–$200M, supported by $1.4B Southeast Asia AI data centre initial phase and two Asian law enforcement contracts. FY2025 guidance unchanged: revenue $100M–$110M, adjusted EBITDA $20M–$25M, adjusted net profit $15M–$20M.

Tailwinds

  • $1.4B AI data centre contract with $100M annual revenue expected 2026–2028.
  • Pipeline exceeds $7B in advanced AI and GPU infrastructure opportunities.
  • Balance sheet transformed with $110M+ unrestricted cash and reduced debt.

Headwinds

  • Guidance excludes unfinalized contract phases and new wins not yet contracted.
  • Currency exchange losses of $5.4M in Q3 from Egyptian pound depreciation.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+35.9%

Avg return

Earnings day

+32.8%

Avg return

5 days after

+13.5%

Avg return

30 days after

100%

3 / 3 earnings

Positive

+96.4%

Q3 2024

Best reaction

+2.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025+9.4%+4.0%-7.0%
Q1 2025+2.0%+10.6%+3.2%
Q3 2024+96.4%+83.8%+44.1%

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