# Guerrilla RF, Inc. (GUER) · Edgar & Edgarette company card

> Guerrilla RF (GUER) grew revenue 13.0% in FY2025 to $23 million, operating margin -20.5% against a 2.4% median for semiconductors & related devices, equity -93.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1832487 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/GUER) · [JSON](https://www.pops4.com/boards/company/GUER.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $23M |
| Revenue growth, 1 year | 13.0% |
| Revenue growth per year | 21.4% |
| Operating margin | -20.5% (prior year -43.6%) |
| Net margin | -30.7% |
| Operating cash flow | −$1M |
| Capital spending | $1M |
| Free cash flow | −$3M |
| Cash | — |
| Long-term debt | $6M |
| Total assets | $20M |
| Total equity | −$18M |
| Equity ÷ assets | -93.2% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -12.75 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -4.08 (below the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative; operating loss: a margin of -20.5% in FY2025; revenue is hard to predict: its 80% range is ±38%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $22.7M (FY2025), total debt $5.8M. Experience: revenue up 13.0% on the year, up 21.4% a year over 4 years; operating margin -20.5%, up from -43.6%. Soundness: equity -93.2% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $17.7M and $39.7M next year (method v4.1: its own 5-year record of growth weighed at 57% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $16.7M to $42.0M. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin -20.5% against a 2.4% median; growth 13.0% against 15.5%.

Range logged 2026-11-01, receipt ecc6b65bb6948620, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926034532/0001437749-26-034532-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926034532/0001437749-26-034532-index.htm)
- 10-Q · filed 2026-11-02 · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926034283/0001437749-26-034283-index.htm)
- 8-K · filed 2026-11-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926034281/0001437749-26-034281-index.htm)
- 10-Q · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926027155/0001437749-26-027155-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926026050/0001437749-26-026050-index.htm)
- 8-K · filed 2026-06-05 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1832487/000143774926019680/0001437749-26-019680-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001832487.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1832487

## Cite

POPS4, Edgar & Edgarette: Guerrilla RF, Inc. (GUER) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/GUER. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.