Preliminary Third Quarter Results: Bolt Projects Holdings anticipates approximately $370,000 in revenue for Q3 2025, marking a 7,000% increase year-over-year, with a gross profit margin expected to rise to at least 15%.
Updated 2025 Guidance: The company projects full-year revenue of around $4.5 million for 2025, a 228% increase from 2024, and has raised its gross profit guidance to $1 million due to improved unit economics.
Financing Initiatives: Bolt has initiated an equity line of credit for up to $20 million and plans to leverage a $30 million convertible debt facility to enhance its liquidity and balance sheet position.
Business Focus: The company is concentrating exclusively on its Vegan Silk Technology Platform, pausing operations in other areas, and is optimistic about converting its sales pipeline into revenue, with updates expected for 2026 after Q4 results.
Bolt Projects Holdings, Inc. is a material solutions company. The Company develops and produces biomaterials for the beauty and personal care industry. The Company is a pioneer in the consumer biomaterials space. The Vegan Silk Technology Platform includes b-silk and xl-silk, which are fully biodegradable, film-forming, versatile and functional ingredients for the beauty industry. The Company’s Vegan Silk Technology Platform produces b-silk and other offerings for the beauty and personal care industry that are fully vegan and biodegradable. Its intellectual property portfolio is anchored by 68 granted patents and 166 pending patent applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
