Gorilla Technology Group Inc. key statistics and ratios

In fiscal 2025, Gorilla Technology Group Inc. had return on equity of -8.4%, an operating margin of -13.5%, debt equal to 7.0% of equity and a current ratio of 3.33. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Gorilla Technology Group Inc.: financial ratios, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	40.9%	37.3%	37.2%	69.1%	50.0%	33.4%
Operating margin	−12.5%	−19.3%	−386.0%	26.4%	−89.6%	−13.5%
Net margin	−13.0%	−20.2%	−390.6%	20.9%	−86.8%	−11.1%
Free-cash-flow margin	−13.4%	−13.9%	−52.3%	−15.0%	−40.4%	−28.9%
Return on equity	−11.1%	−17.2%	—	32.6%	−101.8%	−8.4%
Return on assets	—	−9.0%	−109.3%	14.9%	−48.1%	−5.3%
Asset turnover	—	0.45	0.28	0.72	0.55	0.48
Current ratio	—	1.47	1.69	1.43	1.68	3.33
Debt to equity	0.0%	77.9%	83.6%	46.3%	29.3%	7.0%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	20.9x	n/m	n/m
Effective tax rate	—	—	—	20.7%	—	—
R&D as % of revenue	31.6%	35.6%	63.0%	5.7%	2.8%	3.0%
Capital spending as % of revenue	9.1%	17.7%	13.1%	0.5%	0.7%	0.6%
Free cash flow ÷ net income	—	—	—	−72.1%	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 6 checks passed · December 31, 2025

What it owns · $272m

Short-term assets $234mLonger-term assets $38m

What it owes, and who funded it · $272m

Short-term liabilities $70mLonger-term liabilities $6mShareholders' equity $196m

Short-term assets cover short-term liabilities $234m of assets due within a year against $70m of liabilities due within a year.
Short-term assets cover long-term liabilities $234m short-term assets against $6m of longer-dated liabilities.
More cash than debt $100m of cash against $14m of debt.
Debt below 40% of shareholders' equity Debt is 7% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$29m of operating cash flow against $14m of debt.
Operating profit covers interest at least five times over Operating income of −$14m against $543,808 of interest.

From Gorilla Technology Group Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: GRRR vs SVCO GRRR vs SANG GRRR vs ORIO

More: Systems Software stocks compared, Technology sector, rankings of US companies

Figures from Gorilla Technology Group Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Gorilla Technology Group Inc.