Guerrilla RF, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.0M | $6.5M | $6.7M | $6.3M | $5.4M | $4.4M | $4.4M | $4.5M |
| Cost of Revenue | $2.3M | $1.9M | $2.2M | $2.0M | $1.9M | $1.7M | $1.7M | $1.6M |
| Gross Profit | $5.7M | $4.5M | $4.5M | $4.2M | $3.5M | $2.7M | $2.7M | $3.0M |
| Gross Margin | 70.9% | 69.9% | 66.4% | 67.5% | 64.9% | 61.1% | 60.4% | 65.3% |
| Operating Expenses | ||||||||
| Research & Development | $2.1M | $2.0M | $1.9M | $2.0M | $2.2M | $2.5M | $2.5M | $2.5M |
| SG&A Expense | $1.1M | $968.4K | $949.7K | $941.0K | $1.2M | $1.5M | $1.7M | $1.3M |
| Operating Income | $963.6K | $-46.3K | $54.7K | $-198.4K | $-1.4M | $-3.2M | $-3.1M | $-2.6M |
| Operating Margin | 12.0% | -0.7% | 0.8% | -3.2% | -25.2% | -72.3% | -71.0% | -57.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $1.1M | — | — | — | $-3.5M | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-2.2M | $1.1M | $-2.3M | $-645.0K | $-470.7K | $-3.5M | $1.6M | $-7.2M |
| Net Margin | -27.9% | 17.4% | -34.7% | -10.3% | -8.8% | -81.0% | 35.9% | -159.2% |
| EPS (Basic) | $-0.21 | $0.06 | $-0.22 | $-0.06 | $-0.05 | $-0.34 | $0.18 | $-0.71 |
| EPS (Diluted) | — | $0.06 | — | — | — | $-0.34 | — | — |
| Shares Outstanding (Basic) | 10.6M | 10.6M | 10.5M | 10.5M | 10.4M | 10.3M | 9.6M | 10.1M |
| Shares Outstanding (Diluted) | 10.6M | 17.9M | 10.5M | 10.5M | 10.4M | 10.3M | 9.6M | 10.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |