Logo

GRRR

Gorilla Technology Group Inc.

GRRR

Gorilla Technology Group Inc. • NASDAQ
$13.76 ▲ 5.93% (+0.77)
Market Cap $341.15 M
52w High $44.15
52w Low $5.75
Dividend Yield 0%
P/E -2.33
Volume 378.63K
Outstanding Shares 13.47M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $26.477M ▲ $9.453M ▼ $-28.249K ▲ -0.107% ▲ $-0.001 ▲ $4.375M ▲
Q2-2025 $21.067M ▲ $11.942M ▲ $-3.945M ▲ -18.725% ▲ $-0.2 ▲ $-3.951M ▼
Q1-2025 $18.259M ▼ $10.577M ▼ $-4.558M ▲ -24.965% ▲ $-0.23 ▲ $-3.299M ▼
Q4-2024 $27M $44.172M $-33.203M -122.974% $-2.81 $7.185M
Q3-2024 $27M $44.172M $-33.203M -122.974% $-2.81 $7.185M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $110.155M ▲ $266.446M ▲ $68.187M ▲ $198.259M ▲
Q2-2025 $10.111M ▼ $162.746M ▲ $64.565M ▲ $98.181M ▼
Q1-2025 $20.815M ▼ $155.764M ▲ $56.153M ▼ $99.611M ▲
Q4-2024 $37.473M ▲ $153.796M $80.692M $73.104M
Q3-2024 $21.7M $153.796M $80.692M $73.104M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-28.249K ▲ $-2.563M ▼ $5.106M ▲ $98.474M ▲ $100.044M ▲ $-2.759M ▼
Q2-2025 $-4.426M ▼ $-1.859M ▲ $-5.801M ▼ $-3.302M ▼ $-10.704M ▼ $-1.95M ▲
Q1-2025 $-3.761M ▲ $-10.66M ▼ $948.239K ▼ $8.636M ▲ $-885.392K ▼ $-10.952M ▼
Q4-2024 $-33.203M $-9.196M $8.55M $5.233M $0 $-9.285M
Q3-2024 $-33.203M $-9.196M $8.55M $5.233M $0 $-9.285M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been very small but is moving upward over time, with improved gross margins that suggest the core technology can create value. That said, profitability has been inconsistent: the company briefly turned a profit, then slipped back into losses, showing that results are still volatile and heavily influenced by contract timing and scale. Earnings per share have swung sharply, made more dramatic by the reverse split, which underlines how early-stage and sensitive the business model still is. Overall, this looks like a company in the transition zone between prototype success and stable, repeatable financial performance.

Balance Sheet

Balance Sheet The balance sheet is relatively light, as you’d expect from a smaller software and infrastructure player. Total assets have been creeping up, which hints at some build-out of capabilities and projects. Cash is present but not abundant, so there is not a huge safety cushion, while debt exists but does not appear overwhelming in relation to equity. Shareholders’ equity has been growing, which is a positive sign, but the capital base is still modest. In simple terms, the company has some financial foundation to work from, but it is not yet in a position of deep balance sheet strength or redundancy.

Cash Flow

Cash Flow Cash flow is a clear pressure point. The business has been consistently using cash in its day-to-day operations and has not yet shown a pattern of generating surplus cash. Investment in physical assets has been relatively light, so the cash burn is primarily tied to operating costs and growth efforts rather than heavy equipment spending. Free cash flow has been negative for several years, which is typical of a young, scaling technology firm, but it means the company likely remains dependent on raising capital or securing large pre-funded contracts to support its plans. Sustainability of growth will hinge on turning these operating cash flows positive over time.

Competitive Edge

Competitive Edge Gorilla operates in a specialized niche at the intersection of AI, security, and smart city infrastructure, where technical complexity and reliability are critical. Its long-standing work with government clients and large enterprises, including sensitive security and infrastructure projects, creates meaningful barriers to entry for newcomers who lack similar trust and track records. The mix of AI, video analytics, cybersecurity, and IoT integration gives it a differentiated offering compared with more narrowly focused competitors. However, its smaller size and dependence on large, sometimes lumpy projects leave it exposed to contract delays, regional concentration, and competitive moves by bigger global technology players. The moat is real but not yet fully proven at scale.

Innovation and R&D

Innovation and R&D Innovation is clearly at the center of Gorilla’s strategy. The company has spent years building proprietary AI tools for video analytics, edge computing, and integrated security, and it continues to push into new areas such as appliance-based AI infrastructure and self-branded AI hardware. Its growing patent portfolio, expansion into environmental intelligence, and new platforms like the Intelligent Network Director all signal a strong R&D culture. Partnerships with larger hardware and infrastructure providers amplify this innovation without requiring Gorilla to build everything alone. The flip side is that such an innovation-heavy approach requires ongoing investment and flawless execution; the pipeline of new products and large projects is promising but still needs to convert consistently into stable, profitable revenue.

Summary

Putting it all together, Gorilla looks like an emerging, innovation-driven technology company with clear technical strengths and specialized positioning in AI-powered security and smart city solutions. On the positive side, revenue is trending upward, gross margins are reasonable, government and enterprise relationships are valuable, and the product pipeline is rich. On the risk side, the company remains small, with thin cash buffers, uneven profitability, and persistent negative cash flow, all tied to a reliance on large and complex contracts. Its future will likely hinge on two things: its ability to execute and scale a few flagship projects into repeatable, diversified business, and its success in turning strong technology and partnerships into steady, self-funding financial performance. Uncertainty remains high, but the strategic direction is clearly oriented toward becoming a meaningful infrastructure player in AI and smart cities.

NEWS

November 17, 2025 · 4:15 PM UTC

Gorilla Technology Reports Record Revenue in Q3; Issues 2026 Guidance

Read more

November 12, 2025 · 9:00 AM UTC

Gorilla Technology to Host Q3 2025 Financial Results Conference Call on November 18 at 8:30 a.m. ET

Read more

November 3, 2025 · 9:00 AM UTC

Gorilla Technology Appoints Thomas Sennhauser as Chief Technology Officer of Infrastructure Practice

Read more

October 27, 2025 · 9:15 AM UTC

Gorilla Technology to Present at the ThinkEquity Conference

Read more

October 21, 2025 · 9:20 AM UTC

Gorilla Technology Increases Share Repurchase Buyback Programme to $20 Million

Read more