Elauwit Connection full-year 2025 revenue rises 154% to $21.6M; net loss $4.2M

Elauwit Connection, Inc.

Full-year revenue $21.6M, up 154% YoY; recurring service revenue up 151%.
Q4 revenue $6.1M vs $3.3M in Q4 2024; Q4 net loss $2.3M.
Gross profit $4.0M for 2025 vs $1.2M in 2024; operating expenses $7.7M vs $4.4M.
Adjusted EBITDA (non-GAAP) loss $3.7M in 2025 vs $3.2M loss in 2024.
New sales team identified ~8,000 incremental bidding units in first 8 weeks of Q1 2026; targeting 12M-unit opportunity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Elauwit Connection, Inc. reported Three Months Ended December 31, 2025 results: revenue $6.1, net income $(2.3).

Period: Three Months Ended December 31, 2025
Revenue: $6.1
Net income: $(2.3)
Result: reported results

Exact text from the filing

Financial Highlights (unaudited) Three Months Ended Full Year Ended (in $ millions) December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Revenues $ 6.1 $ 3.3 $ 21.6 $ 8.5 Gross Profit $ 0.5 $ 0.3 $ 4.0 $ 1.2 Operating Expenses $ 2.7 $ 1.3 $ 7.7 $ 4.4 Net Loss $ (2.3 ) $ (1.0 ) $ (4.2 ) $ (3.5 ) Adjusted EBITDA (Non-GAAP) 1 $ (2.2 ) $ (1.0 ) $ (3.7 ) $ (3.2 )

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Elauwit Connection, Inc. reported Full Year Ended December 31, 2025 results: revenue $21.6, net income $(4.2).

Period: Full Year Ended December 31, 2025
Revenue: $21.6
Net income: $(4.2)
Result: reported results

Exact text from the filing

Financial Highlights (unaudited) Three Months Ended Full Year Ended (in $ millions) December 31, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Revenues $ 6.1 $ 3.3 $ 21.6 $ 8.5 Gross Profit $ 0.5 $ 0.3 $ 4.0 $ 1.2 Operating Expenses $ 2.7 $ 1.3 $ 7.7 $ 4.4 Net Loss $ (2.3 ) $ (1.0 ) $ (4.2 ) $ (3.5 ) Adjusted EBITDA (Non-GAAP) 1 $ (2.2 ) $ (1.0 ) $ (3.7 ) $ (3.2 )

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Elauwit Connection, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-037398

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