Guerrilla RF, Inc. develops and manufactures high-performance radio frequency and microwave semiconductors for wireless OEMs. News about GUER centers on financial results, gross margin and operating leverage, catalog-product revenue, product backlog, and design-win conversion across markets such as 5G/4G infrastructure, SATCOM, cellular repeaters and DAS, automotive telematics, military communications, navigation, and wireless audio.
Company updates also cover RFIC product launches and market-specific initiatives, including X-Band low-noise amplifiers, SatCom component solutions, and UAS and Counter-UAS applications. Recurring disclosures connect new products and application focus with manufacturing scale, cost management, and progress toward profitability.
Guerrilla RF (OTCQX: GUER) reported Q4 2025 revenue of $6.7 million, up 53% YoY, and achieved operating profitability with operating income of about $55 thousand and $1.1 million positive operating cash flow. Full year revenue was $22.7 million, with gross margin of 65.3% and operating loss narrowed to $4.7 million.
Management remediated a prior material weakness, reduced operating expenses, and targets full year profitability in 2026.
Guerrilla RF (OTCQX: GUER) released the GRF2118, an ultra-low-noise X-Band LNA covering 6.0–8.5 GHz for SatCom, defense, and space applications. The device delivers 0.57 dB NF at 3V/42mA and 0.67 dB NF at 5V/79mA, with >25 dB gain and a compact 2.0 x 2.0 mm QFN-12 package.
The GRF2118 needs no external matching, targets SatCom downlinks, VSAT, TT&C and certain microwave backhaul bands, and is offered as a COTS solution for spaceborne and ground receivers. Datasheet and evaluation support are available to designers.
Guerrilla RF (OTCQX: GUER) expanded its Aerospace & Defense focus by launching a SatCom product selection guide and showcasing 100+ RFIC solutions for ground terminals, spaceborne payloads, and NTN/Direct-to-Cell architectures on March 18, 2026. The guide covers LNAs, drivers, power amplifiers, switches, detectors, and DVGAs for C-/Ku-/Ka-/Q-/V-/E-band and S-band TT&C.
Guerrilla RF will support designers at SATSHOWWEEK in Washington, D.C., with sales and applications staff available at Richardson RFPD Booth 3131 and a dedicated online SatCom solutions page.
Guerrilla RF (GUER) is expanding focus on Unmanned Aerial Systems (UAS) and Counter-UAS (C-UAS) markets with a portfolio of over 90 RF and microwave component solutions for command-and-control, payload links, GNSS/GPS receivers, electronic warfare, and drone-jamming transmit chains.
Design wins are ramping to production and the company directs engineers to a dedicated UAS/C-UAS solutions page and its applications team for design support.
Guerrilla RF (OTCQX: GUER) reported record Q3 2025 revenue of $6.3M, up 39% YoY, driven by automotive and catalog growth.
Highlights: automotive sales rose 130% to $2.4M, catalog sales rose 50% to $3.2M, contribution margin was 76.7%, and gross profit margin improved to 67.5% (up 220 bps). Operating expenses fell 20% to $4.4M, producing an operating loss of $0.2M versus $2.6M loss in Q3 2024.
Liquidity and cash flow: cash of $4.0M at quarter end and $0.8M positive operating cash flow in Q3; product backlog increased to $6.6M.
Guerrilla RF (OTCQX: GUER), a provider of RF and microwave semiconductors, reported Q2 2025 financial results showing revenue of $5.4 million, down 12% year-over-year from $6.1 million. The decline was primarily due to a non-recurring $1.7 million wireless infrastructure design win from Q2 2024.
Strong performance in automotive (+39.5% to $2.7 million) and catalog (+6.0% to $2.3 million) segments partially offset the decline. The company achieved a contribution margin of 75.4%, up 100 basis points, while implementing a 7% reduction in operating expenses to $4.8 million. The company ended Q2 with $4.8 million in cash and a product backlog of $6.6 million, up from $5.0 million year-over-year.
Guerrilla RF (OTCQX: GUER) reported its Q4 and full-year 2024 financial results, marking significant growth in several areas. Revenue for fiscal year 2024 increased 33.4% compared to 2023, reaching $20.1 million. Gross profit jumped 49.8% to $12.8 million, with margins expanding 660 basis points to 63.7%.
Q4 2024 revenue showed a slight decrease to $4.4 million from $4.7 million year-over-year, primarily due to a 42% drop in Automotive sales. However, Infrastructure grew 10% and Catalog markets expanded 62%, driven by increases in SatCom and wireless audio.
The company's operating loss improved to $8.8 million in 2024 from $12.9 million in 2023. Product contribution margins rose from 70.5% to 74.8%. International shipments reached $4.0 million, representing 20% of total product revenue. The company's backlog stood at $5.4 million at year-end 2024, increasing to $6.8 million by March 14, 2025.
Guerrilla RF (OTCQX: GUER) has launched the GRF0020D and GRF0030D, its first GaN on SiC HEMT power amplifiers. The GRF0030D delivers up to 50W of saturated power at 50V operation from DC to 6GHz, with gain ranging from 13.5dB to 23.7dB, and 27.5W at 28V. The GRF0020D provides 30W and 19W of saturated power at 50V and 28V respectively, supporting frequencies up to 7GHz with 13.8dB to 24.3dB gain.
These unmatched discrete transistors target wireless infrastructure, military, aerospace, and industrial heating markets. The devices are 100% DC production tested for KGD compliance and are now available starting at $30 for 100-piece quantities. According to Yole Group, the RF GaN device market is projected to grow from $1.3B in 2022 to $2.7B by 2028, with strong growth in telecom infrastructure, military, and satellite communications sectors.
Guerrilla RF (OTCQX: GUER) has announced a significant leadership change with the retirement of CFO John Berg and the appointment of Mike John-Williams as his successor, effective January 8, 2025. John-Williams joins GUER from Valmis Robotics, where he served as Head of Finance and Strategy. He previously held the position of VP and CFO at Pandora Jewelry's North American Business Unit, managing a $1.4 billion revenue division.
During Berg's tenure since 2016, GUER experienced substantial growth, with revenue increasing from $750,000 to over $15 million annually. The incoming CFO will focus on supporting the company's strategic plan, growing sales, achieving profitability, and uplisting to a national securities exchange.
John-Williams brings significant experience from both Fortune 500 companies and startups. He holds an MBA in Finance from the University of Michigan and will relocate to Greensboro with his family.