Gorilla Technology Swells 2025 Revenue 35.7% to $101.4M, Cuts Costs 54%
Gorilla Technology Group generated $101.4 million in 2025 revenue, rising 35.7% year-over-year, while slashing operating expenses 54.4% to $47.5M and narrowing its IFRS operating loss by 80% to $13.7M. It posted $19.1M adjusted EBITDA, closed with $104.8M cash and cut debt by 35.6%, backed by a $7B project pipeline.
1. Robust 2025 Financial Performance
Gorilla Technology Group posted $101.4 million in revenue for 2025, a 35.7% increase over the prior year. Operating expenses dropped 54.4% to $47.5 million, driving IFRS operating loss down 79.5% to $13.7 million and delivering $19.1 million in adjusted EBITDA.
2. Balance Sheet Strength
The company ended 2025 with $104.8 million in cash, reduced total debt by 35.6%, and maintained strong liquidity to support operations. Share repurchases continued alongside investments in R&D and international office expansions without compromising cash reserves.
3. Growth Outlook
Gorilla is targeting the ‘Sovereign AI’ market and regional data center demand in Asia and the Middle East with a project pipeline exceeding $7 billion. Early 2026 collections surpassed $22 million from major customers, positioning the firm to aim for positive cash flow while leveraging new mandates in Taiwan and Saudi Arabia.