London, United Kingdom–(Newsfile Corp. – November 17, 2025) – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported its financial results for the three months ended September 30, 2025, reiterated the Company’s guidance for fiscal 2025 and provided guidance for full year 2026.
Key highlights include:
Record revenue growth : Revenue for the quarter ended September 30, 2025, was $26.5 million, compared with $20.1 million for the same period in 2024, an increase of approximately 32%. The increase was due primarily to the Company’s execution on AI infrastructure, public safety and enterprise projects across Asia, the Middle East, Europe and the Americas.
Strong project execution : The Company delivered an operating income of approximately $0.4 million for the third quarter of 2025, compared to an operating loss of $6.0 million for the same period in 2024. This swing of more than $6.4 million was due primarily due to disciplined operating expenses across people, professional services, and overheads, and stronger contracting and vendor alignment that improved efficiency. This performance validates Gorilla’s focus on core operations and improved efficiency as it expands its presence in large-scale AI data centre and GPU infrastructure programmes.
Continued focus on profitability : EBITDA for the quarter ended September 30, 2025, was $0.8 million, compared to an EBITDA loss of $5.6 million for the quarter ended September 30, 2024, while net loss was close to breakeven at $0.03 million for the quarter ended September 30, 2025, compared to a loss of $7.8 million for the quarter ended September 30, 2024. Adjusted EBITDA for the quarter ended September 30, 2025, was $6.8 million, up 21% from $5.6 million for the quarter ended September 30, 2024. Adjusted Net Income increased 72% year on year to $6.0 million for the quarter ended September 30, 2025, from $3.5 million for the quarter ended September 30, 2024.
Maximizing working capital flexibility : As of September 30, 2025, total debt was $15.1 million, a decrease of 30% from $21.
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