Duos Technologies Group reported a 280% increase in quarterly revenue in the second quarter of 2025.
The company had a strong start in its energy services and edge computing businesses.
Duos Technologies Group is on track to achieve guidance of $28M to $30M for the full year 2025.
Revenue Increase
Total revenues in Q2 2025 increased by 280% to $5.74 million compared to Q2 2024.
Operational Expansion
Duos Technologies Group showcased the first standalone Edge Data Center and began installation activities at multiple locations with identified anchor tenants.
Financial Strength
The company completed a $40 million public offering and raised $12.5 million via an ATM offering, positioning itself to install multiple Edge Data Centers in the coming years.
- The revenue growth was primarily driven by the execution of the Asset Management Agreement with New APR Energy.
- Duos Energy's oversight of the deployment and operations of mobile gas turbines contributed significantly to the increase in recurring services and consulting revenue.
Duos Technologies Group's second quarter performance reflects a strong financial position and a focus on operational expansion. With significant revenue growth and strategic investments, the company is poised for continued success in the energy services and edge computing sectors.