TLDR
- Third quarter revenue reached $26.5 million, up 32% from Q3 2024
- Company achieved breakeven versus $7.8 million loss year-over-year
- Secured $1.4 billion AI data center contract in Southeast Asia
- Total project pipeline surpasses $7 billion
- 2026 revenue guidance ranges from $137 million to $200 million
Gorilla Technology Group delivered a standout third quarter that sent shares soaring nearly 18% in after-hours trading on November 17, 2025. The company posted record quarterly revenue of $26.5 million.
The Q3 figure represented a 32% increase compared to the prior year period. Revenue growth stemmed from AI infrastructure rollouts, public safety initiatives, and enterprise solutions deployed globally.
Gorilla reached breakeven on a reported basis for the quarter. The result marked a sharp contrast to the $7.8 million loss recorded in Q3 2024. Adjusted earnings per share came in at $0.26.
Gorilla Technology Group Inc., GRRR
Both top and bottom line figures aligned with Wall Street expectations. The results matched consensus estimates compiled by Fiscal.ai.
Massive Contract Fuels Pipeline Growth
The company recently won a $1.4 billion AI data center contract in Southeast Asia. The deal stands as one of the largest in Gorilla’s operating history.
CEO Jay Chandan highlighted the quarter as a pivotal moment. He emphasized that Gorilla now operates as a recognized leader in AI infrastructure with contracted projects and solid financials.
The company’s current pipeline has grown past $7 billion. Work spans multiple continents including Asia, the Middle East, Europe, and the Americas.
Gorilla maintained its full-year 2025 revenue outlook at $100 million to $110 million. Analyst consensus sits at $99.70 million for the year.
Positive Momentum Into 2026
Management issued 2026 revenue guidance of $137 million to $200 million. The midpoint of this range exceeds the analyst consensus of $174.45 million.
The company anticipates positive adjusted EBITDA and operating cash flow for 2025. Strong project execution and controlled operating expenses contributed to the improved financial performance.
Market Positioning and Analyst Views
The stock has declined over 30% year-to-date before the after-hours jump. If gains hold through regular trading, it would mark the best single-day performance in five months.
Technical indicators show the 14-day RSI at 27.87, in oversold territory. Short interest has dropped to 6.1% from over 20% in January.
Two Wall Street firms maintain coverage on Gorilla Technology. The average price target stands at $36.50, suggesting approximately 190% upside potential.
Gorilla completed its public listing in July 2022 via SPAC merger. The stock trended lower from March 2023 before recovering in August 2024.
The company operates globally in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology. Major law enforcement contracts in Asia contributed to quarterly results alongside data center projects.


