US RF semiconductor maker's Q2 revenue grew 49% year over year to a record level.
Gross margin expanded to 70.9%, reflecting favorable product mix and higher volumes.
Operating income reached $1.0 million, reversing the prior-year operating loss.
Outlook and backlog
The company enters H2 2026 with a record $13.6 million product backlog.
Guerrilla RF said it is focused on converting design wins into recurring revenue and expanding aerospace and defense.
The company is evaluating a potential uplisting to Nasdaq, but no final decision has been made.
Drivers of the quarter
Aerospace and defense demand - Catalog business growth was led by aerospace and defense revenue, which more than quadrupled on strength in drone and satellite communications markets.
Product mix and volume - Gross margin expansion to 70.9% was attributed to higher revenue volumes, favorable product mix and improved leverage across the company's fabless operating model.
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