---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-037398"
form_type: "8-K"
ticker: "ELWT"
cik: "0002063863"
company_name: "Elauwit Connection, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:17:18.205930+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-037398
- form_type: 8-K
- ticker: ELWT
- cik: 0002063863
- company_name: Elauwit Connection, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/tm2610671d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-037398
- JSON: https://secwatch.observer/filing/0001104659-26-037398.json
- Plain text: https://secwatch.observer/filing/0001104659-26-037398.txt

## Key facts
- Earnings Releases
  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
  source text: 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 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm
- Earnings Releases
  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
  source text: 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 )
  evidence_url: https://www.sec.gov/Archives/edgar/data/2063863/000110465926037398/0001104659-26-037398-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.