Filing Flows › Guerrilla RF (GUER) › Q3 2025
Guerrilla RF (GUER) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Guerrilla RF (GUER) reported revenue of $6.3M for the third quarter 2025 (Q3 2025), +39% from a year earlier and +17% from the quarter before. Operating margin was -3.2%, net loss $645K (10.3% of revenue).
Guerrilla RF, Q3 2025: revenue $6.3M (+39% year over year), operating margin -3.2%, net loss $645K, operating cash flow $900K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | +17% | +39% |
| Operating profit | −$198K | — | — |
| Net earnings | −$645K | — | — |
| Operating cash flow | $900K | — | — |
| Free cash flow | $286K | — | — |
What changed
Revenue was $6.3M in Q3 2025, up 39% year over year and up 17% from the previous quarter. Product was the largest line at 98% of revenue. Product added $1.7M year over year (up 36%), 94% of the total change.
Gross margin was 67.5%, up 2.2 points from a year earlier. Operating costs exceeded revenue by $198K, an operating margin of -3.2%. Operating expenses fell 20% while revenue rose 39%. The quarter ended with a net loss of $645K, wider than the previous quarter's $471K loss. Net interest and other expense of $447K was the main reason.
Operating cash flow was $900K. Non-cash charges added back $307K of depreciation and $161K of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $614K left free cash flow of $286K.
Questions
What was Guerrilla RF's revenue in the third quarter 2025?
Guerrilla RF (GUER) reported revenue of $6.3M for the third quarter 2025 (Q3 2025), +39% from a year earlier and +17% from the quarter before.
Was Guerrilla RF profitable in the third quarter 2025?
Operating loss was $198K (-3.2% of revenue) and net loss $645K.
Source: Guerrilla RF 10-Q on SEC EDGAR.