UK's Gorilla Technology H1 net loss widens on stock-based compensation and accounting effects
GRRR•Outlook
- Gorilla raises Q3 2026 revenue guidance to $48 mln-$50 mln from $36 mln-$40 mln
- Company now expects 2026 revenue of at least $200 mln, up from prior $160 mln-$200 mln range
- Gorilla targets 2027 revenue of $450 mln-$500 mln with substantial gross margin improvement
H1 results
- UK security intelligence provider's H1 revenue nearly doubled yr/yr, driven by AI and data-centre programs
- Company posted significant H1 operating and net loss, impacted by stock-based compensation and accounting effects
- Gorilla raised fiscal 2026 revenue outlook and targets substantial growth in 2027
| Metric | Beat/Miss | Actual | Consensus Estimate |
| H1 Net Loss | $46.90 mln | ||
| H1 EBIT | -$47.20 mln |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the IT services & consulting peer group is "buy"
- Wall Street's median 12-month price target for Gorilla Technology Group Inc is $40.00, about 149.1% above its August 21 closing price of $16.06
