Saturday 17 October 2026 Export GRRR’s income statement to Excel — free account

Gorilla Technology Group Inc.

Gorilla Technology Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $101.4 million, up 35.7% from fiscal 2024. In the quarter to June 2026, revenue grew 223.1%, EPS grew 3.08%, free cash flow fell 129.0% and total debt rose 299.3%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

7.78 0.63 −7.49%

Follow GRRR

Alert me

Market cap: $231.4M
P/E: 0.0×
Fwd P/E: −9.8×
Dividend yield: —
F-score: 3/9
Altman Z: 2.03
Beneish M: −0.96
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.22

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	1	—	—	—	—	—	—

Insider Ownership 3.12%

Capital & Financial Ratios $m

Market Cap 231.36

Revenue 93.02

Net Income (48.70)

Free Cash Flow (36.10)

Net Debt (105.68)

Current Ratio 2.24

Debt/Equity 0.43

P/E ratio 0.00

Fwd P/E (9.82)

P/S ratio 2.18

P/B ratio 1.19

Past 5Y EPS Growth —

This Y EPS Growth (376.70%)

Next Y EPS Growth 83.74%

Next Y revenue growth 103.73%

Next 5Y EPS Growth 7.33%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/B against its own 10 years 38.91%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	6	22	100	180
Receivables	2	26	55	41
Inventory	0	0	—	—
Other	62	50	64	109
	78	127	234	345

	2023	2024	2025	Q'26
Payables	11	28	46	92
ST’ Debt	18	17	10	10
Other	14	21	2	50
	54	75	70	154

Compound Annual Growth %

	10y	5y	3y
Sales	—	17.42%	65.38%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	512.21%	90.10%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	28	—	—	—	—
’25	18	—	26	—	101
’24	9	—	20	—	75
’23	—	—	—	—	65
’22	—	—	—	—	22
’21	—	—	14	14	42
’20	—	—	—	—	45

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7	(11)	—	—	—
’25	(11)	(2)	(15)	—	(29)
’24	(4)	(8)	(10)	—	(30)
’23	—	(12)	—	—	(9)
’22	0	(3)	—	—	(9)
’21	0	0	0	2	2
’20	—	—	—	0	0

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7	(25)	—	—	—
’25	(11)	(2)	(16)	—	(29)
’24	(4)	(8)	(10)	—	(31)
’23	—	(15)	—	—	(13)
’22	0	(6)	—	—	(12)
’21	0	0	0	(6)	(7)
’20	—	—	—	0	0

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(1.42)	—	—	—	—
’25	(0.23)	—	0.00	—	(0.51)
’24	(1.47)	—	(0.66)	—	(6.13)
’23	—	—	—	—	1.64
’22	1.84	—	—	—	(17.80)
’21	(0.03)	17.32	2.47	(22.63)	(2.88)
’20	—	—	—	—	(0.27)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	97.30	26.20	5.20	2.09	10.85	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	100.10	510.00	124.50	25.67	44.15
People
People	Employees	—	—	—	—	—	—	244	142	143	200
	Revenue/emp, $m	—	—	—	0.00	0.00	0.00	0.09	0.46	0.52	0.51
Income, $m
Income, $m	Revenue	—	—	—	39	45	42	22	65	75	101
	Gross margin, %	—	—	—	40.56	34.48	37.34	37.20	69.12	49.96	33.42
	EBT	—	—	—	(1)	0	(9)	(87)	17	(66)	(11)
	EBT margin, %	—	—	—	(1.44)	0.00	(20.80)	(388.72)	26.30	(88.53)	(10.79)
	Net income	—	0	—	(1)	0	(9)	(87)	17	(66)	(11)
	Depreciation	—	—	—	6	0	9	8	1	1	1
Per share, $
Per share, $	Revenue	—	—	—	1.81	2.09	14.23	4.56	9.19	7.07	4.56
	Earnings	—	—	—	(0.02)	(0.27)	(2.88)	(17.80)	1.92	(6.13)	(0.51)
	Cash flow	—	—	—	0.28	0.00	0.55	(1.79)	(1.34)	(2.81)	(1.29)
	Capex	—	—	—	0.00	0.00	(2.83)	(0.61)	(0.54)	(0.14)	(0.03)
	Free cash flow	—	—	—	0.28	0.00	(2.28)	(2.40)	(1.88)	(2.94)	(1.32)
	Book value	—	—	—	2.69	0.00	15.47	5.81	7.69	6.92	8.81
	Shares, m	—	—	—	22	22	3	5	7	11	22
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	0.00	0.00	0.00	0.00	0.00	3.81	3.45
	P/B	—	—	—	5,130.21	5,130.21	7.41	1.56	0.06	2.92	1.29
	EV/Sales	—	—	—	0.00	0.00	0.00	0.00	0.00	3.82	2.28
	EV/FCF	—	—	—	0.00	0.00	193.32	(40.21)	1.31	(5.68)	(4.31)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	6	0	2	(9)	(9)	(30)	(29)
	Capex	—	—	—	(11)	0	(8)	(3)	(4)	(1)	(1)
	Free cash flow	—	—	—	6	0	(7)	(12)	(13)	(31)	(29)
Balance, $m
Balance, $m	Working capital	—	—	—	28	0	18	19	23	51	164
	Total debt	—	—	—	30	29	36	24	25	22	15
	Net debt	—	—	—	7	29	17	(7)	19	0	(85)
	Shareholders’ equity	—	—	—	58	0	46	29	54	73	196
Returns, %
Returns, %	ROA	—	—	—	(1.13)	(12.43)	(17.94)	(109.29)	14.94	(48.13)	(5.30)
	ROIC	—	—	—	0.00	0.00	(8.11)	(251.99)	14.61	(57.00)	(7.72)
	ROE	—	—	—	0.00	(22.52)	(42.63)	(255.11)	32.64	(101.83)	(8.38)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PSFE Paysafe Limited	$295.5M	— (loss-making)	— (loss-making)	+4.49% (above 0%: growing)	n/m	−148.29% (below 0%: shrinking)	54.48%	(2.84%)	Compare
ARQQ Arqit Quantum Inc.	$276.7M	175×	— (loss-making)	+1,196.45% (above 0%: growing)	n/m	−12,314.98% (below 0%: shrinking)	0.00%	0.00%	Compare
BKKT Bakkt Holdings, Inc.	$265.9M	— (loss-making)	27.0×	−70.05% (below 0%: shrinking)	n/m	−401.44% (below 0%: shrinking)	1.30%	(11.53%)	Compare
MOVE Corvex, Inc.	$265.4M	— (loss-making)	— (loss-making)	+3,590.29% (above 0%: growing)	n/m	−91.41% (below 0%: shrinking)	44.28%	(400.32%)	Compare
GRRR Gorilla Technology Group Inc.	$231.4M	— (loss-making)	— (loss-making)	+223.14% (above 0%: growing)	n/m	−128.98% (below 0%: shrinking)	21.09%	(145.44%)
ZSQR Z Squared Inc.	$226.8M	— (loss-making)	— (loss-making)	+688.99% (above 0%: growing)	n/m	−34.24% (below 0%: shrinking)	(111.52%)	(871.15%)	Compare
ZENA ZenaTech, Inc.	$225.5M	— (loss-making)	— (loss-making)	—	n/m	−159.28% (below 0%: shrinking)	100.00%	(234.70%)	Compare
PDYN Palladyne AI Corp.	$200.8M	— (loss-making)	— (loss-making)	+469.75% (above 0%: growing)	n/m	−106.98% (below 0%: shrinking)	29.07%	(231.94%)	Compare
EXOD Exodus Movement, Inc.	$182.4M	— (loss-making)	— (loss-making)	+1.55% (above 0%: growing)	n/m	−825.45% (below 0%: shrinking)	100.00%	(174.61%)	Compare
Median of peers	$246.1M	—	—	+469.75%	—	−153.79%	36.68%	(203.27%)

All 173 Software Infrastructure stocks →

Gorilla Technology Group Inc. (GRRR) key facts

Strength: Gorilla Technology Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $101.4 million, up 35.7% from fiscal 2024.
Gorilla Technology Group Inc. (GRRR) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, GRRR traded at $7.78, a market capitalization of $231.4 million.
Return on equity was −8.38% and debt-to-equity 0.43.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 2.03 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.