Bolt Projects Holdings, Inc. (BSLK) had itself a Monday. Shares jumped more than 31% in premarket trading after the company dropped some promising preliminary numbers for 2025 and raised its outlook for the year ahead. When you're talking about tripling revenue and quadrupling profit guidance, investors tend to notice.

The Numbers Behind the Rally

Bolt expects to finish 2025 with approximately $4.5 million in revenue, which represents a 200% year-over-year jump and hits right where the company said it would land. The fourth quarter alone is projected to bring in over $2.7 million, doubling the same period from last year.

But here's where things get more interesting: gross profit margins are moving in the right direction fast. For the full year, Bolt anticipates margins will exceed 20%, driven by a sharp expansion to 38% in the fourth quarter. That's a substantial leap from the 16% margin the company posted in Q3 2025. When you're building a business around sustainable materials, margin expansion like that signals you're figuring out how to make the economics work.

Raising the Bar for 2026

The real excitement came with the updated 2026 forecast. Bolt bumped its revenue guidance up to $11 million from a previous estimate of $9 million, which would represent a 144% increase over 2025. The company credits strong market reception, new pricing for 2026, and an expanding product lineup for the optimistic outlook.

Even more striking is the gross profit revision. Bolt now expects $4 million in gross profit for 2026, up from just $1 million in its earlier guidance. Management plans to achieve this through a planned double-digit reduction in cost of goods sold and the launch of a new ingredient under its Vegan Silk Platform during the year. The company is aiming for a long-term gross margin target of 60%, which would be a meaningful milestone for a materials company.

Dan Widmaier, Chairman and CEO, said, "We believe our differentiated platform and expanding partner ecosystem create a strong foundation for future growth with Bolt well positioned to capitalize on increasing demand for sustainable and high-performance materials."

The Nasdaq Situation

It's worth noting that Bolt is simultaneously dealing with a potential delisting from Nasdaq. The exchange sent a formal notice on August 12, 2025, and after a hearing before the Nasdaq Hearings Panel, the company received a stay and an extension until December 31, 2025 to meet listing requirements.

Management plans to request another extension beyond the year-end deadline, though that decision rests entirely with the Panel. It's a complicating factor as the company tries to execute on its growth plans, but Monday's stock reaction suggests investors are more focused on the operational momentum than the listing uncertainty.

Price Action: Bolt Projects Holdings shares traded up 31.11% at $1.770 during premarket trading on Monday.