Guerrilla RF Q1 revenue rises 48% on catalog growth

Guerrilla RF

06/05/2026 13:08

Overview

U.S. RF semiconductor maker's Q1 revenue rose 48% yr/yr, driven by catalog business

Gross margin expanded to 69.9%, up about 880 basis points yr/yr on higher volumes and mix

Operating loss narrowed to near breakeven as cost management reduced expenses 22% yr/yr

Outlook

Guerrilla RF enters Q2 with $8.8 mln product backlog and improved cost structure

Company aims to convert design wins into recurring revenue and expand margins in 2026

Guerrilla RF targets full-year operating profitability in 2026

Result Drivers

CATALOG BUSINESS GROWTH - Revenue growth was driven by a 207% increase in catalog business, reflecting conversion of design wins and broad-based demand

FAVORABLE PRODUCT MIX - Gross margin expansion was attributed to higher volumes and a shift toward higher-margin catalog products

COST MANAGEMENT - Operating expenses fell 22% yr/yr due to disciplined cost controls across all functions

Company press release: ID:nBw3SR3KFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$6.50 mln
Q1 Gross Margin
69.90%
Q1 Operating Income
-$46,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)