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Gorilla Technology Posts Record Q3, Shares Rise on Strong 2026 Outlook

Management cites a cash-rich balance sheet supporting execution of a $1.4 billion Southeast Asia data-center program.

Overview

  • Q3 revenue reached $26.5 million, up 32% year over year, with adjusted earnings of $0.26 per share at breakeven.
  • The company reaffirmed 2025 revenue guidance of $100 million to $110 million and projected $137 million to $200 million for 2026.
  • Gorilla reported a project pipeline exceeding $7 billion, highlighted by a $1.4 billion AI data-center contract in Southeast Asia with the initial phase expected to complete in the first quarter of next year.
  • The balance sheet showed $110.2 million in unrestricted cash and $15.1 million in total debt, which management says underpins near-term execution.
  • Shares jumped roughly 13% to 18% in after-hours and premarket trading following the results and outlook.