Filing Flows › Guerrilla RF (GUER) › Q1 2025
Guerrilla RF (GUER) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Guerrilla RF (GUER) reported revenue of $4.4M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -0.4% from the quarter before. Operating margin was -72.3%, net loss $3.5M (81.0% of revenue).
Guerrilla RF, Q1 2025: revenue $4.4M (-14% year over year), operating margin -72.3%, net loss $3.5M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4M | -0.4% | -14% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $4.4M in Q1 2025, down 14% year over year and roughly flat from the previous quarter.
Gross margin was 61.1%, down 2.2 points from a year earlier. Operating costs exceeded revenue by $3.2M, an operating margin of -72.3%. Operating expenses grew 15% against a revenue fall of 14%. The fastest-growing cost line was Sales & marketing (+39%). The quarter ended with a net loss of $3.5M, after a profit of $1.6M the previous quarter.
Operating cash flow was −$2.3M. Non-cash charges added back $303K of depreciation and $364K of share-based compensation. Working capital and other items added $613K. Capital expenditures of $47K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Guerrilla RF's revenue in the first quarter 2025?
Guerrilla RF (GUER) reported revenue of $4.4M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -0.4% from the quarter before.
Was Guerrilla RF profitable in the first quarter 2025?
Operating loss was $3.2M (-72.3% of revenue) and net loss $3.5M.
Source: Guerrilla RF 10-Q on SEC EDGAR.