Duos Technologies Group, Inc. (Nasdaq: DUOT), a leader in intelligent technologies and digital infrastructure, has announced financial results for the third quarter ended September 30, 2025, reporting record revenue and positive adjusted EBITDA. The company remains on track to meet full-year guidance of $28 to $30 million, driven by growth in edge computing and energy services.
For the third quarter, Duos recorded $6.88 million in revenue, including $6.59 million in services, of which $5.15 million was related to its Asset Management Agreement (AMA) with New APR Energy. Total nine-month revenue reached $17.6 million, the highest in company history and reflecting more than 20% sequential growth.
During the quarter, Duos raised over $50 million to fund growth in the data center market and retired all debt. The company also reported improved gross margins and a reduced net operating loss. Key operational milestones included subsidiary Duos Edge AI’s new partnership with FiberLight to expand high-speed connectivity across underserved U.S. markets and the deployment of its sixth Edge Data Center, with nine additional sites planned for Q4, including the first out-of-state location in Illinois.
“I am very pleased with the continuous improvement in Duos’ results this year,” said Chuck Ferry, CEO of Duos Technologies. “Having embarked on the strategic shift to becoming a data center provider for the rapidly growing market for edge computing, we are well positioned to capture market share for products and services related to this important industry. I also welcome our new senior management and latest addition to our Board to assist in realizing the potential in 2026 and beyond.”
Duos also appointed Doug Recker as President and Corporate Officer, as well as Brian J. James to its Board of Directors, strengthening leadership and strategic alignment. The company was awarded U.S. Patent No. 12,404,690 B1 for its Entryway for a Modular Data Center and joined the Nomad Futurist Foundation as an Inspiration Sponsor, reinforcing its commitment to education and workforce development across the digital infrastructure ecosystem.
With approximately $25.8 million in backlog and near-term awards, Duos is reaffirming its 2025 revenue outlook and continues to focus on profitability, operational stability, and expansion within the edge and energy sectors.
The company’s management team hosted its third quarter 2025 earnings call on November 12, 2025, providing additional insight into results and strategy. A replay of the call is available in the investor section of the Duos Technologies website.
To learn more about Duos Technologies Group, Inc., visit www.duostech.com.
