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Tantalus Systems
Tantalus Systems (GRID) investor relations material
Tantalus Systems Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary19 Mar, 2026
Executive summary
Achieved record annual revenue of $54.1 million, up 22% year-over-year, with Q4 revenue reaching $14.9 million, a new quarterly high, reflecting strong commercial momentum.
Revenue growth driven by both Connected Devices (up 28% annually) and Software and Services (up 13% annually), with recurring revenue up 20% to $13.9 million for the year.
Expanded use cases and shipped the 4 millionth intelligent connected endpoint; 66 utilities have ordered or trialed the TRUSense Gateway.
Utilities are prioritizing data-centric, interoperable platforms for grid modernization, validating the company's approach.
Gross profit increased 23% to $29.6 million for the year, with gross margin stable at 55%.
Financial highlights
Q4 2025 revenue reached $14.9M, up 19% year-over-year, marking the highest quarterly revenue in company history.
Full-year 2025 revenue was $54.1M, up 22% year-over-year; recurring revenue grew 20% to $13.9M, representing 26% of total revenue.
Q4 gross profit margin was ~56%; software/services segment margin hit 86% due to contract timing and mix.
Net income for Q4 was $179K (down from $289K YoY); annual net loss narrowed to $992K from $2.6M last year.
Positive cash flow from operations ($4.7M) and free cash flow ($3.9M) for the year; available liquidity at year-end was $21.1M, including $12.6M in cash.
Outlook and guidance
Entered 2026 with ARR at $14.5M, a high watermark, and strong visibility into future performance due to high recurring revenue and customer retention.
Focus remains on scaling TRUSense Gateway deployments, expanding recurring revenue, and investing in analytics and customer value.
Book-to-bill ratio of 1.2 in 2025 signals durable demand and healthy pipeline; seasonality expected in order patterns.
Management expects continued growth, citing strong sales order conversion and expanding customer base.
Vision for data-centric grid modernization and Unified Intelligence is resonating with utilities, supporting growth into 2026.
Explain TRUSense impact on customer acquisition
Update on the $2.1 million tariff refund process
Strategy for Connected Devices margin expansion
Impact of memory shortages on 2026 margins
TRUSense Gateway pilot to scale conversion
M&A focus for behind-the-meter capabilities
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Latest events from Tantalus Systems
- Record ARR, strong margins, and sales order growth highlight momentum for TRUSense Gateway.GRID
Q2 20242 Feb 2026 - Record Q3 revenue, orders, and gross margin driven by TRUSense Gateway and new software launches.GRIDQ3 202413 Jan 2026
- Record revenue, positive EBITDA, and strong software growth highlight 2024 results.GRIDQ4 202425 Dec 2025
- Real-time analytics and granular data empower utilities to optimize assets and enhance service.GRIDStatus Update17 Dec 2025
- Grid modernization leader posts strong growth, recurring revenue, and innovation momentum.GRIDCorporate Presentation17 Dec 2025
- TruSense Gateway drives grid modernization, supporting 15-20% annual growth and high retention.GRIDPlanet MicroCap Showcase: VEGAS 202528 Nov 2025
- Record revenue and recurring income fueled by TRUSense Gateway adoption and strong pipeline growth.GRIDInvestor Update26 Nov 2025
- Q2 revenue up 22% year-over-year, with record orders, ARR, and positive Adjusted EBITDA.GRIDQ2 202524 Nov 2025
- Q1 revenue up 27%, margin gains, and TRUSense Gateway momentum offset tariff risks.GRIDQ1 202518 Nov 2025
Next Tantalus Systems earnings date
Status update24 Mar, 2026
Tantalus Systems
Next Tantalus Systems earnings date
Status update24 Mar, 2026
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Amina0781App Store
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@theshortbearx.com
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