Gorilla Technology Raises Q2 2026 Revenue Outlook to at Least US$44 Million, Driven by Contract Wins and Accelerating AI Infrastructure Demand

About this update from Gorilla Technology Group Inc.

London, United Kingdom--(Newsfile Corp. - June 29, 2026) - Gorilla Technology Group (NASDAQ: GRRR) ("Gorilla"), a global provider of AI-driven infrastructure, security intelligence and data solutions, today announced that it now expects Q2 2026 revenue to be at least US$44.0 million, compared with current external market estimates of approximately US$33.9 million, subject to completion of quarter-end closing procedures. The updated outlook reflects continued execution under Gorilla's active customer contracts and the Company's ability to convert signed commercial commitments into recognised revenue. Expected Q2 2026 revenue of at least US$44.0 million would represent more than 55% sequential growth compared with Q1 2026 revenue of US$28.2 million and more than 100% year-on-year growth compared with Q2 2025 revenue of US$21.1 million. The Company is hoping to be in position to provide updates to its guidance for 2026 when it reports its Q2 2026 and first-half 2026 financial results. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Gorilla-Technology.com Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely ...

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