Guerrilla RF Q3 revenue rises 61% on aerospace and defense demand
GUER•Guerrilla RF’s third-quarter revenue rose 61% year over year to a record $10.1 million, while gross margin expanded to 71.7% and operating income reached $2.4 million. Net loss widened due to a $6 million non-cash warrant charge, and backlog reached $16.2 million.
1. Revenue and margins
Guerrilla RF reported third-quarter revenue of $10.1 million, up 61% year over year to a record. Gross margin expanded to 71.7%, and operating income improved to $2.4 million.
2. Demand across markets
Aerospace and defense revenue rose 259%, driven by demand for drone, satellite and tactical communications applications. Infrastructure revenue increased 78% and catalog revenue rose 32%; the company attributed margin expansion to higher revenue and a favorable shift toward higher-margin products and end markets. Backlog reached $16.2 million.
3. Company outlook
Guerrilla RF expects its growing GaN portfolio to contribute meaningfully to revenue starting in 2027 and sees continued high-margin growth and increasing cash generation. It does not expect significant future order cancellations based on customer relationships.
