Quarterly ResultMay 13, 2026, 09:52 AM
Guerrilla RF Q1 Net Income $1.12M; Revenue $6.46M, up 47.7%
AI Summary
Guerrilla RF reported a significant turnaround in Q1 2026, achieving a net income of $1.12 million compared to a net loss of $3.54 million in the prior year period. This positive shift was driven by a 47.7% increase in total revenue to $6.46 million and a substantial reduction in operating loss. The company also improved its cash burn from operating activities and extended the maturity of its Salem Loan Facility.
Key Highlights
- Net income of $1.12 million for Q1 2026, compared to a $3.54 million net loss in Q1 2025.
- Total revenue increased 47.7% to $6.46 million in Q1 2026 from $4.37 million in Q1 2025.
- Gross profit rose 69.1% to $4.52 million in Q1 2026 from $2.67 million in Q1 2025.
- Operating loss significantly reduced to $46,280 in Q1 2026 from $3.16 million in Q1 2025.
- Basic and diluted EPS were $0.06 for Q1 2026, up from $(0.34) in Q1 2025.
- Net cash used in operating activities decreased to $1.25 million from $2.26 million year-over-year.
- Cash on hand was $3.22 million as of March 31, 2026.
- Salem Loan Facility maturity extended to December 31, 2029.
Price Impact
More from GUER