GUER · Guerrilla Rf, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $1.95M | - | $2.04M | $1.88M | $1.70M | - | $1.57M | $2.12M | $1.87M | - |
| Gross Profit | $4.52M | - | $4.25M | $3.48M | $2.67M | - | $2.95M | $3.99M | $3.22M | - |
| R&D | $1.98M | - | $1.97M | $2.17M | $2.49M | - | $2.51M | $2.41M | $2.25M | - |
| SG&A | $968.4K | - | $941.0K | $1.19M | $1.45M | - | $1.31M | $1.19M | $1.45M | - |
| Total Operating Expenses | $4.56M | - | $4.44M | $4.84M | $5.83M | - | $5.56M | $5.19M | $5.06M | - |
| D&A | $326.6K | - | $381.4K | $383.9K | $303.2K | - | - | - | $366.3K | - |
| Operating Income | ($46.3K) | - | ($198.4K) | ($1.36M) | ($3.16M) | - | ($2.61M) | ($1.20M) | ($1.84M) | - |
| Interest Expense | $204.1K | - | $292.2K | $242.3K | $1.68M | - | $731.6K | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | $0 | - |
| Net Income | $1.12M | - | ($645.0K) | ($470.7K) | ($3.54M) | - | ($7.20M) | ($1.76M) | ($3.37M) | - |
| EPS - Basic | $0.06 | - | ($0.06) | ($0.05) | ($0.34) | - | ($0.71) | ($0.17) | ($0.42) | - |
| EPS - Diluted | ($0.34) | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.22M | $4.16M | $4.02M | $4.81M | $6.13M | $7.97M | $11.28M | $641.4K | $3.60M | $781.3K |
| Accounts Receivable | $3.95M | $1.81M | $1.92M | $2.48M | $1.92M | $2.23M | $1.82M | $2.14M | $2.82M | $2.08M |
| Inventory | $1.79M | $1.64M | $2.01M | $1.76M | $1.78M | $1.84M | $1.92M | $1.66M | $1.77M | $1.53M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $9.66M | $8.11M | $8.27M | $9.80M | $10.32M | $12.50M | $15.23M | $4.86M | $8.74M | $4.85M |
| Total Assets | $20.60M | $19.50M | $20.19M | $21.93M | $22.30M | $24.92M | $28.16M | $18.23M | $22.28M | $19.01M |
| Current Liabilities | $7.90M | $7.81M | $6.35M | $7.24M | $7.09M | $6.20M | $11.26M | $5.48M | $8.10M | $17.34M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $17.50M | $17.66M | $16.22M | $17.47M | $17.66M | $17.11M | $23.00M | $23.60M | $26.30M | $25.81M |
| Stockholders' Equity | ($16.93M) | ($18.18M) | ($16.07M) | ($15.57M) | ($15.39M) | ($12.22M) | ($14.87M) | ($5.38M) | ($4.03M) | ($6.80M) |
| Retained Earnings | ($59.66M) | ($60.78M) | ($58.45M) | ($57.81M) | ($57.34M) | ($53.79M) | ($55.37M) | ($48.17M) | ($46.41M) | ($43.04M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.25M) | - | - | - | ($2.26M) | - | - | - | ($842.4K) | - |
| Investing Cash Flow | ($63.2K) | - | - | - | ($47.3K) | - | - | - | ($26.0K) | - |
| Financing Cash Flow | $382.6K | - | - | - | $470.6K | - | - | - | $3.69M | - |
| CapEx | $63.2K | - | - | - | $47.3K | - | - | - | $26.0K | - |
| Free Cash Flow | ($1.32M) | - | - | - | ($2.31M) | - | - | - | ($868.4K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -1.17 | - | - | - | 0.65 | - | - | - | 0.26 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 5.4% | - | -3.2% | -2.1% | -15.9% | - | -25.6% | -9.6% | -15.1% | - |
| Return on equity | -6.6% | - | 4.0% | 3.0% | 23.0% | - | 48.4% | 32.7% | 83.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.22 | 1.04 | 1.30 | 1.35 | 1.46 | 2.01 | 1.35 | 0.89 | 1.08 | 0.28 |
| Quick ratio | 1.00 | 0.83 | 0.99 | 1.11 | 1.20 | 1.72 | 1.18 | 0.58 | 0.86 | 0.19 |
| Cash ratio | 0.41 | 0.53 | 0.63 | 0.66 | 0.86 | 1.29 | 1.00 | 0.12 | 0.44 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.2x | - | -0.7x | -5.6x | -1.9x | - | -3.6x | - | - | - |
| Equity multiplier | -1.22 | -1.07 | -1.26 | -1.41 | -1.45 | -2.04 | -1.89 | -3.39 | -5.53 | -2.80 |
| Liabilities / Assets | 0.85 | 0.91 | 0.80 | 0.80 | 0.79 | 0.69 | 0.82 | 1.30 | 1.18 | 1.36 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 1.09 | - | 1.02 | 1.07 | 0.96 | - | 0.82 | 1.27 | 1.05 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 336d | - | 358d | 342d | 382d | - | 445d | 286d | 346d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 55.0x | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 69.2% | - | 43.8% | -12.7% | -17.1% | - | 57.5% | 79.0% | 76.2% | - |
| Operating income growth (YoY) | 98.5% | - | 92.4% | -13.2% | -72.0% | - | 30.0% | 65.1% | 49.9% | - |
| Net income growth (YoY) | - | - | 91.0% | 73.2% | -5.0% | - | -60.7% | 54.0% | 15.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 43.0% | - | - | - | -166.1% | - | - | - | 85.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -10.0% | -48.9% | -8.1% | -189.6% | -282.3% | -79.8% | -321.9% | -430.6% | - | - |
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing Guerrilla RF against the 5 most active filers in the same SIC group.