Guerrilla RF (GUER) reported second-quarter 2026 revenue of $8.0 million, up 49% from the prior-year period and the highest quarterly revenue in company history. Gross profit rose 63% to $5.7 million, with gross margin expanding to 70.9%.
The company reported operating income of $1.0 million and a net loss of $2.2 million, including a $3.0 million non-cash loss from the change in fair value of warrant liabilities. Guerrilla RF ended the quarter with $4.6 million in cash and product backlog of $13.6 million.
- Second-quarter revenue increased 49% year over year to $8.0 million.
- Catalog revenue grew 142% to $5.0 million, representing 63% of revenue.
- Aerospace and defense revenue more than quadrupled to $2.2 million.
- Operating income was $1.0 million, compared with a $1.4 million operating loss a year earlier.
- Net cash provided by operating activities was $2.4 million.
- The company said it is actively evaluating a potential uplisting to the Nasdaq Stock Market.
$GUER Insider Trading Activity
$GUER insiders have traded $GUER stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GUER stock by insiders over the last 6 months:
- JAMES E. JR. DUNN purchased 3,335 shares for an estimated $10,005
- MICHAEL JOHN-WILLIAMS (Chief Financial Officer) purchased 2,000 shares for an estimated $5,640
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GUER Hedge Fund Activity
We have seen 0 institutional investors add shares of $GUER stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIVERSIFIED TRUST CO removed 10,740 shares (-32.1%) from their portfolio in Q2 2026, for an estimated $29,857
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
