Financial Performance - Q2 2025 revenues reached $20.1 million [9], while gross margin was 21.4% [9] - The company raised $15 million in bank debt at favorable rates and terms [9] - Q2 2025 revenue increased by 22.4% year-over-year compared to Q2 2024 [27] - Adjusted EBITDA for Q2 2025 was $(8.7) million, a year-over-year growth of -$4.8 million [27] - The company reaffirms full year 2025 revenue guidance of $130-140 million, representing a 26-35% year-over-year growth [9, 34] Backlog and Pipeline - Purchase order backlog reached $43 million, up $7 million [9] - The company has a contracted backlog of $409 million minimum revenue expected to realize over 10 years [17] - The company expects to realize over $1 billion in contracted & uncommitted revenue over 10 years [17] - Over 80% of 2024 revenues are recurring in nature [25] Segment Performance - Aeronautics revenue for Q2 2025 was $6.9 million, a decrease of 31.7% year-over-year [30] - Architecture revenue for Q2 2025 was $2.5 million, a decrease of 5.2% year-over-year [30] - Automotive revenue for Q2 2025 was $1.4 million, an increase of 54.1% year-over-year [30] - Safety-Tech revenue for Q2 2025 was $9.3 million, a decrease of 14.1% year-over-year [30]

Financial Performance & Growth - Gauzy's Q1 2025 revenues reached $22.4 million, demonstrating strong momentum into Q2[11] - The company expanded its gross margin by 50 bps to 25.6%, driven by scale benefits and operational efficiencies[11] - Gauzy reaffirms its full year 2025 revenue guidance of approximately $135 million at the midpoint, expecting revenue growth of 26-35% year-over-year[11, 22, 46] - Aeronautics segment sales decreased 24.6% to $7.6 million in Q1 2025 due to timing shifts in deliveries[33, 35] - Automotive segment sales increased 14.2% to $1.5 million in Q1 2025, driven by additional serial production programs[39, 40] - Safety-Tech segment sales increased 1.5% to $10.8 million in Q1 2025, reflecting strong demand for ADAS and CMS product lines[41, 42] Backlog & Pipeline - The company has a contracted backlog of $409 million expected to be realized over 10 years[19] - Purchase orders in Q1 2025 totaled $36 million, expected to contribute revenue from the backlog over the next six months[20] - The company has a revenue pipeline of over $1 billion expected to be realized over 10 years[19] Financial Stability - Gauzy signed the first $10 million of a planned $20 million debt financing at improved interest rates and terms[11] - The company's last twelve months(LTM) Q1 2025 revenue reached $101.2 million[14]