Rekor Systems, Inc. (REKR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 10.26M | 12.7M | 14.19M | 12.36M | 9.2M | 13.28M | 10.55M | 12.43M | 9.78M | 11.07M | 9.12M | 8.56M | 6.18M | 6.46M | 6.78M | 3.7M | 2.98M | 3.19M | 2.62M | 4.27M |
| Revenue Growth % | 11.58% | -4.35% | 34.59% | -0.55% | -5.93% | 19.98% | 15.65% | 45.12% | 58.09% | 71.17% | 34.54% | 131.56% | 107.9% | 102.73% | 159.2% | -13.48% | -29.44% | 12.49% | 23% | 59.66% |
| Cost of Goods Sold | 6.34M | 5.18M | 5.2M | 6.25M | 4.76M | 6.38M | 5.9M | 5.78M | 5.29M | 5.18M | 4.32M | 4.13M | 2.87M | 3.44M | 3.65M | 2.24M | 1.54M | 1.53M | 1.4M | 1.38M |
| COGS % of Revenue | 61.78% | 40.78% | 36.6% | 50.53% | 51.76% | 48.05% | 55.97% | 46.48% | 54.05% | 46.81% | 47.37% | 48.24% | 46.37% | 53.29% | 53.92% | 60.6% | 51.66% | 48.01% | 53.61% | 32.31% |
| Gross Profit | 3.92M | 7.52M | 9M | 6.11M | 4.44M | 6.9M | 4.64M | 6.65M | 4.49M | 5.89M | 4.8M | 4.43M | 3.32M | 3.02M | 3.12M | 1.46M | 1.44M | 1.66M | 1.21M | 2.89M |
| Gross Margin % | 38.22% | 59.22% | 63.4% | 49.47% | 48.24% | 51.95% | 44.03% | 53.52% | 45.95% | 53.19% | 52.63% | 51.76% | 53.63% | 46.71% | 46.08% | 39.4% | 48.34% | 51.99% | 46.39% | 67.69% |
| Gross Profit Growth % | -11.58% | 9.03% | 93.82% | -8.07% | -1.25% | 17.18% | -3.25% | 50.07% | 35.45% | 94.9% | 53.67% | 204.19% | 130.67% | 82.15% | 157.46% | -49.64% | -37.31% | -19.59% | 5.75% | 106.5% |
| Operating Expenses | 12.74M | 10.81M | 12.97M | 13.85M | 14.58M | 25.38M | 17.5M | 16.73M | 17.41M | 15.23M | 14.6M | 14.71M | 16M | 13.11M | 50.8M | 17.13M | 14.12M | 13.22M | 10.87M | 7.58M |
| OpEx % of Revenue | 124.14% | 85.12% | 91.37% | 112.06% | 158.47% | 191.12% | 165.91% | 134.59% | 178.04% | 137.65% | 160.13% | 171.81% | 258.76% | 202.75% | 749.56% | 463.25% | 474.49% | 414.71% | 415.6% | 177.3% |
| Selling, General & Admin | 9.25M | 5.91M | 7.76M | 8.64M | 9.04M | 8.71M | 10.36M | 9.39M | 10.08M | 9M | 8.37M | 7.93M | 9.09M | 6.69M | 8.59M | 10.42M | 8.25M | 8.29M | 7.94M | 5.43M |
| SG&A % of Revenue | 90.17% | 46.52% | 54.7% | 69.88% | 98.31% | 65.59% | 98.22% | 75.57% | 103.05% | 81.36% | 91.78% | 92.56% | 146.98% | 103.42% | 126.76% | 281.77% | 277.38% | 259.99% | 303.56% | 127.14% |
| Research & Development | 3.49M | 3.31M | 3.66M | 3.65M | 3.98M | 4.03M | 4.74M | 4.99M | 5M | 4.26M | 4.27M | 4.78M | 4.96M | 8.3M | 4.91M | 4.73M | 4.09M | 3.55M | 2M | 1.52M |
| R&D % of Revenue | 33.97% | 26.04% | 25.79% | 29.55% | 43.24% | 30.38% | 44.95% | 40.16% | 51.15% | 38.5% | 46.83% | 55.86% | 80.16% | 128.37% | 72.45% | 127.83% | 137.55% | 111.35% | 76.48% | 35.54% |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 930K | 625K |
| Operating Income | -8.82M | -3.29M | -3.97M | -7.74M | -10.14M | -18.48M | -12.85M | -10.07M | -12.92M | -9.35M | -9.8M | -10.28M | -12.69M | -10.09M | -47.68M | -15.67M | -12.68M | -11.57M | -9.65M | -4.68M |
| Operating Margin % | -85.91% | -25.91% | -27.97% | -62.59% | -110.23% | -139.17% | -121.89% | -81.07% | -132.09% | -84.46% | -107.5% | -120.05% | -205.13% | -156.04% | -703.48% | -423.85% | -426.15% | -362.72% | -369.22% | -109.62% |
| Operating Income Growth % | 13.04% | 82.19% | 69.11% | 23.23% | 21.5% | -97.71% | -31.12% | 1.99% | -1.8% | 7.36% | 79.44% | 34.41% | -0.07% | 12.79% | -393.86% | -234.56% | -138.85% | -273.25% | -186.75% | -68.59% |
| EBITDA | -7.36M | -1.69M | -2.42M | -6.17M | -8.58M | -16.06M | -10.46M | -7.73M | -10.58M | -7.38M | -7.84M | -8.28M | -10.73M | -8.49M | -45.83M | -14.31M | -11.41M | -10.18M | -8.72M | -4.06M |
| EBITDA Margin % | -71.67% | -13.34% | -17.08% | -49.96% | -93.31% | -120.96% | -99.14% | -62.21% | -108.24% | -66.66% | -85.97% | -96.71% | -173.52% | -131.34% | -676.16% | -387.07% | -383.63% | -319.35% | -333.65% | -94.99% |
| EBITDA Growth % | 14.3% | 89.45% | 76.81% | 20.14% | 18.91% | -117.7% | -33.35% | 6.64% | 1.38% | 13.12% | 82.89% | 42.15% | 5.97% | 16.62% | -425.27% | -252.56% | -143.14% | -292.3% | -204.01% | -75.53% |
| D&A (Non-Cash Add-back) | 1.46M | 1.6M | 1.54M | 1.56M | 1.56M | 2.42M | 2.4M | 2.34M | 2.33M | 1.97M | 1.96M | 2M | 1.96M | 1.6M | 1.85M | 1.36M | 1.26M | 1.38M | 930K | 625K |
| EBIT | -8.82M | -7.19M | -3.58M | -8.1M | -10.31M | -19.93M | -12.15M | -9.25M | -17.56M | -12.22M | -9.66M | -10.28M | -11.92M | -10.97M | -12.85M | -15.67M | -12.68M | -10.81M | -9.59M | -4.67M |
| Net Interest Income | -493K | -405K | -568K | -536K | -590K | -551K | -496K | -544K | -1.05M | -1.02M | -906K | -908K | -761K | -26K | -21K | -17K | -9K | -3K | -6K | 1K |
| Interest Income | 95K | 40K | 31K | 25K | 24K | 52K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 14K | 15K | 19K |
| Interest Expense | 588K | 445K | 599K | 561K | 614K | 603K | 496K | 544K | 1.05M | 1.02M | 906K | 908K | 761K | 26K | 21K | 17K | 9K | 17K | 21K | 18K |
| Other Income/Expense | -544K | -4.45M | -179K | -923K | -735K | -1.83M | 208K | 280K | -5.7M | -1.95M | -763K | -833K | 5K | 2.79M | -1.4M | 284K | 5K | 738K | 45K | -73K |
| Pretax Income | -9.36M | -7.74M | -4.15M | -8.66M | -10.87M | -20.31M | -12.65M | -9.79M | -18.61M | -11.29M | -10.57M | -11.11M | -12.68M | -7.3M | -49.08M | -15.39M | -12.67M | -10.83M | -9.61M | -4.76M |
| Pretax Margin % | -91.21% | -60.93% | -29.23% | -70.05% | -118.22% | -152.97% | -119.91% | -78.82% | -190.37% | -102.04% | -115.87% | -129.78% | -205.04% | -112.85% | -724.14% | -416.17% | -425.98% | -339.57% | -367.5% | -111.32% |
| Income Tax | 0 | 42K | 0 | 0 | 0 | 45K | 0 | 0 | 0 | 32K | 0 | 0 | 0 | -33K | -954K | 0 | 0 | -3.83M | 3K | 3K |
| Effective Tax Rate % | 0% | -0.54% | 0% | 0% | 0% | -0.22% | 0% | 0% | 0% | -0.28% | 0% | 0% | 0% | 0.45% | 1.94% | 0% | 0% | 35.36% | -0.03% | -0.06% |
| Net Income | -9.36M | -7.78M | -4.15M | -8.66M | -10.87M | -20.36M | -12.65M | -9.79M | -18.61M | -11.32M | -10.57M | -11.11M | -12.68M | -7.21M | -48.03M | -15.27M | -12.6M | -7M | -9.61M | -4.76M |
| Net Margin % | -91.21% | -61.26% | -29.23% | -70.05% | -118.22% | -153.31% | -119.91% | -78.82% | -190.37% | -102.33% | -115.87% | -129.78% | -205.04% | -111.57% | -708.68% | -412.84% | -423.56% | -219.54% | -367.61% | -111.42% |
| Net Income Growth % | 13.91% | 61.78% | 67.19% | 11.61% | 41.58% | -79.75% | -19.69% | 11.86% | -46.77% | -56.99% | 78% | 27.21% | -0.64% | -3.03% | -399.68% | -220.6% | -133.09% | -125.33% | -44.14% | -670.55% |
| Net Income (Continuing) | -9.36M | -7.78M | -4.15M | -8.66M | -10.87M | -20.36M | -12.65M | -9.79M | -18.61M | -11.32M | -10.57M | -11.11M | -12.68M | -7.26M | -48.13M | -15.39M | -12.67M | -7M | -9.61M | -4.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50K | 94K | 123K | 72K | -1K | 0 | -1K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | -0.06 | -0.03 | -0.07 | -0.10 | -0.22 | -0.14 | -0.12 | -0.23 | -0.16 | -0.16 | -0.18 | -0.25 | -0.13 | -0.90 | -0.33 | -0.29 | -0.17 | -0.23 | -0.12 |
| EPS Growth % | 30% | 72.73% | 76.43% | 38.58% | 56.52% | -37.5% | 12.5% | 33.33% | 8% | -23.08% | 82.22% | 45.45% | 13.79% | 23.53% | -291.3% | -175% | -93.33% | -41.67% | 8% | -342.8% |
| EPS (Basic) | -0.07 | -0.06 | -0.03 | -0.07 | -0.10 | -0.22 | -0.14 | -0.12 | -0.23 | -0.16 | -0.16 | -0.18 | -0.25 | -0.13 | -0.90 | -0.33 | -0.29 | -0.17 | -0.23 | -0.12 |
| Diluted Shares Outstanding | 136.65M | 119.67M | 125.64M | 117.44M | 106.82M | 91.81M | 89.29M | 84.93M | 79.56M | 69.18M | 66.67M | 61.82M | 54.68M | 54.41M | 53.48M | 47.15M | 44.09M | 41.94M | 41.94M | 40.97M |
| Basic Shares Outstanding | 136.65M | 119.67M | 125.64M | 117.44M | 106.82M | 91.81M | 89.29M | 84.93M | 79.56M | 69.18M | 66.67M | 61.82M | 54.68M | 54.41M | 53.48M | 47.15M | 44.09M | 41.94M | 41.94M | 40.97M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |