Guerrilla RF, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $22.7M | $20.1M | $15.1M | $11.6M | $10.5M | $8.1M |
| Cost of Revenue | — | $7.9M | $7.3M | $6.5M | $4.8M | $4.3M | $2.9M |
| Gross Profit | — | $14.9M | $12.8M | $8.6M | $6.8M | $6.1M | $5.2M |
| Gross Margin | — | 65.3% | 63.7% | 57.1% | 58.3% | 58.6% | 64.0% |
| Operating Expenses | |||||||
| Research & Development | — | $8.6M | $9.7M | $10.3M | $8.1M | $4.6M | $3.6M |
| SG&A Expense | — | $4.5M | $5.6M | $5.6M | $5.1M | $2.5M | $999.7K |
| Operating Income | — | $-4.7M | $-8.8M | $-12.9M | $-11.1M | $-3.7M | $-1.5M |
| Operating Margin | — | -20.5% | -43.6% | -85.7% | -95.9% | -35.0% | -19.1% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | — | $-7.0M | $-10.8M | — | — | — | — |
| Income Tax Expense | — | $12.3K | $0 | $0 | $0 | — | — |
| Net Income | — | $-7.0M | $-10.8M | $-16.0M | $-12.0M | $-2.8M | $-2.0M |
| Net Margin | — | -30.7% | -53.5% | -105.9% | -103.7% | -27.1% | -24.9% |
| EPS (Basic) | — | $-0.67 | $-1.12 | $-2.25 | $-2.17 | $-0.24 | $-0.30 |
| EPS (Diluted) | — | — | — | — | — | $-0.24 | $-0.30 |
| Shares Outstanding (Basic) | 10.6M | 10.5M | 9.6M | 7.1M | 5.6M | 11.7M | 2.3M |
| Shares Outstanding (Diluted) | 10.6M | 10.5M | 9.6M | 7.1M | 5.6M | 11.7M | 2.3M |
| Dividends Per Share | — | — | — | — | — | — | — |