Gauzy Ltd. announced its financial results for the second quarter of 2025, ending June 30, 2025.
Second quarter 2025 highlights (Compared to second quarter 2024)
- Revenues of $20.1 million, compared to $24.4 million
- Gross margin of 21.4%, compared to 27.0%
- Net loss of $10.7 million compared to a net loss of $23.1 million
- Adjusted EBITDA1 of ($8.7) million compared to ($3.9) million
- Purchase order backlog of $42.9 million compared $36.2
- Total available liquidity of $36.2 million, including cash of $1.2 million and $35.0 million undrawn credit facility at quarter end
Six months 2025 highlights (Compared to six months 2024)
- Revenues of $42.4 million, compared to $49.1 million
- Gross margin of 23.6%, compared to 26.1%
- Net loss of $21.5 million compared to a net loss of $36.3 million
- Adjusted EBITDA1 of ($14.1) million compared to ($8.7) million
What Gauzy leadership says
“We were pleased to see solid momentum with our multi-year contracted backlog of purchase orders growing to a record $42.9 million at quarter end alongside several key business milestones that strengthen our overall competitive position," says Eyal Peso, Gauzy Co-Founder and Chief Executive Officer. “We have a stronger balance sheet and record backlog that put us on firm footing into the second half. We are reaffirming our full year guidance, reflecting our confidence in our ability to execute on the substantial opportunities ahead. My conviction in Gauzy’s strategic direction and growth remains as strong as ever, as evidenced by the significant purchase of shares I made during the quarter. We look forward to delivering on our goals and creating exceptional shareholder value.”
