Filing Flows › Guerrilla RF (GUER) › Q2 2025
Guerrilla RF (GUER) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Guerrilla RF (GUER) reported revenue of $5.4M for the second quarter 2025 (Q2 2025), -12% from a year earlier and +23% from the quarter before. Operating margin was -25.2%, net loss $471K (8.8% of revenue).
Guerrilla RF, Q2 2025: revenue $5.4M (-12% year over year), operating margin -25.2%, net loss $471K, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4M | +23% | -12% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$471K | — | — |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $5.4M in Q2 2025, down 12% year over year and up 23% from the previous quarter. Product was the largest line at 98% of revenue. Product lost $827K year over year (down 14%), 112% of the total change.
Gross margin was 64.9%, down 0.4 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -25.2%. Operating expenses fell 7% while revenue fell 12%. The quarter ended with a net loss of $471K, narrower than the previous quarter's $3.5M loss. Non-operating items added $884K, -188% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.1M. Non-cash charges added back $287K of depreciation and $271K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $512K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Guerrilla RF's revenue in the second quarter 2025?
Guerrilla RF (GUER) reported revenue of $5.4M for the second quarter 2025 (Q2 2025), -12% from a year earlier and +23% from the quarter before.
Was Guerrilla RF profitable in the second quarter 2025?
Operating loss was $1.4M (-25.2% of revenue) and net loss $471K.
Source: Guerrilla RF 10-Q on SEC EDGAR.