Gorilla Technology H1 Revenue Nearly Doubles to $78.4M; FY2026 Outlook Raised to $200M+
GRRR sits 63% above its 52-week low of $9.04.
Summary
Gorilla Technology reported H1 2026 revenue of $78.4 million, up 99.3% year-over-year, driven by AI infrastructure and data-center programs. The company raised its FY2026 revenue outlook to at least $200 million, up from a prior range of $160-200 million, and set a Q3 planning range of $48-50 million. Management also introduced a 2027 revenue target of $450-500 million. Despite the strong top-line growth, the company posted an IFRS operating loss of $47.2 million and a net loss of $46.9 million, largely due to $25.4 million in stock-based compensation and other non-cash items. Adjusted EBITDA was a loss of $14.6 million, and adjusted net loss was $15.6 million. Cash position strengthened to $179.4 million, supported by financing inflows, including a $107 million convertible notes offering earlier in the year.
At the time of this announcement, GRRR was trading at $14.74 on NASDAQ in the Technology sector, with a market capitalization of approximately $439.4M. The 52-week trading range was $9.04 to $23.49. This news item was assessed with neutral market sentiment and an importance score of 9 out of 10. Source: TMX Newsfile.