Gorilla Technology Group Inc. announced that it has secured three new artificial‑intelligence contracts in Taiwan, covering public safety, port operations and environmental protection. The agreements were signed between December 30 2025 and January 5 2026, and the company said the contracts will be recognized as revenue when delivery milestones are met and the customer accepts the work.
The new wins are described as “meaningful” contributions to 2026 revenue. While the company has not disclosed exact values, the contracts are expected to add a significant portion of the $137 million to $200 million revenue range that Gorilla has guided for the year. The revenue will be booked in stages tied to milestone completion, a common practice for large AI infrastructure projects.
The announcement reinforced Gorilla’s positioning as a sovereign AI backbone in Taiwan, a core growth market for the company. Investors responded positively to the news, reflecting confidence in the company’s ability to win high‑profile public‑sector contracts and to expand its footprint in critical infrastructure sectors.
Gorilla’s Q3 2025 results set a strong backdrop for the announcement. The company reported revenue of $26.5 million, beating consensus estimates of $26.2 million, and posted a record quarter with positive operating profit and net breakeven. The company’s 2026 revenue guidance of $137 million to $200 million remains unchanged, underscoring management’s confidence that the new contracts will help meet the upper end of the guidance band.
General Manager Asia Jackie Wang highlighted that the new contracts validate Gorilla’s long‑term investment in Taiwan and signal a clear step forward in building durable, strategic partnerships. She added that Taiwan will remain a core growth market for the company across both public and private sectors in 2026.
Gorilla’s balance sheet remains solid, with $121.4 million in cash and a $20 million share‑repurchase program that has already repurchased $10.4 million of shares. The company has paused repurchases until after the full‑year 2025 results, and it has experienced a decline in gross margin from 69.1 % in 2023 to 50 % by the end of 2024, reflecting the cost pressures associated with scaling its AI platform.
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