Rekor Systems, Inc. (REKR) Income Statement
REKR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsREKR revenue and net income
Where REKR's revenue goes
2025Each bar shows an amount and its share of revenue. REKR kept −64.9% of revenue as net income.
REKR profit margins
REKR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.3% | +34.5% | +39.3% | +17.5% |
| Gross profit | +19.3% | +44.2% | +36.5% | +20.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
REKR quarterly EPS vs estimates
Rekor Systems beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 12, 2026 (estimate $-0.02).
REKR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.5M | $46.0M | $34.9M | $19.9M | $11.6M | $9.2M | $5.5M | $48.6M | $22.1M | $12.1M |
| Cost of revenue | $21.4M | $23.3M | $16.5M | $10.9M | $4.5M | $3.5M | $1.7M | $34.8M | $13.8M | $7.0M |
| Gross profit | $27.1M | $22.7M | $18.4M | $9.0M | $7.0M | $5.7M | $3.8M | $13.8M | $8.3M | $5.2M |
| Research & development | $14.6M | $18.8M | $18.3M | $18.6M | $8.3M | $3.2M | $1.4M | $131,000 | — | — |
| Sales, general & admin | $31.3M | $38.5M | $34.4M | $34.9M | $27.5M | $12.4M | $9.9M | $15.1M | $13.0M | $5.3M |
| Total operating expenses | $52.2M | $77.0M | $60.5M | $94.8M | $38.9M | $17.6M | $11.4M | $18.8M | $13.0M | $5.3M |
| Operating income | −$25.1M | −$54.3M | −$42.1M | −$85.8M | −$31.8M | −$11.8M | −$7.5M | −$5.0M | −$4.6M | −$93,876 |
| Interest income | $120,000 | $365,000 | $43,000 | $51,000 | $62,000 | — | $4.1M | $609,460 | $213,490 | $165,080 |
| Interest expense | $2.2M | $3.0M | $3.6M | $72,000 | $89,000 | $2.5M | $3.9M | $492,000 | $213,492 | $165,079 |
| Income before taxes | −$31.4M | −$61.4M | −$45.7M | −$84.4M | −$31.2M | −$13.9M | −$12.4M | −$5.7M | −$5.3M | −$258,955 |
| Income taxes | $42,000 | $45,000 | $32,000 | −$987,000 | −$3.8M | $23,000 | $47,000 | $29,250 | −$294,666 | −$219,971 |
| Net income | −$31.5M | −$61.4M | −$45.7M | −$83.1M | −$26.8M | −$14.2M | −$15.9M | −$5.7M | −$5.0M | −$38,984 |
| EBITDA | −$22.9M | −$49.4M | −$36.1M | −$77.9M | −$27.6M | −$10.1M | −$8.2M | −$4.1M | −$4.4M | −$42,006 |
| EPS (diluted) | −$0.24 | −$0.66 | −$0.72 | −$0.96 | −$0.62 | −$0.60 | −$0.64 | −$0.45 | −$0.27 | $0.00 |
| Gross margin | 55.9% | 49.3% | 52.8% | 45.3% | 60.7% | 61.9% | 69.8% | 28.4% | 37.7% | 42.6% |
| Operating margin | −51.9% | −118.0% | −120.6% | −430.6% | −275.0% | −128.3% | −137.8% | −10.4% | −21.0% | −0.8% |
| Net margin | −64.9% | −133.4% | −130.8% | −417.2% | −231.4% | −153.6% | −290.4% | −11.7% | −22.8% | −0.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.7M | $10.3M | $12.7M | $14.2M | $12.4M | $9.2M | $13.3M | $10.5M | $12.4M | $9.8M | $11.1M | $9.1M |
| Cost of revenue | $5.6M | $6.3M | $5.2M | $5.2M | $6.2M | $4.8M | $6.4M | $5.9M | $5.8M | $5.3M | $5.2M | $4.3M |
| Gross profit | $7.1M | $3.9M | $7.5M | $9.0M | $6.1M | $4.4M | $6.9M | $4.6M | $6.7M | $4.5M | $5.9M | $4.8M |
| Research & development | $2.4M | $3.5M | $3.3M | $3.7M | $3.7M | $4.0M | $4.0M | $4.7M | $5.0M | $5.0M | $4.3M | $4.3M |
| Sales, general & admin | $5.1M | $9.3M | $5.9M | $7.8M | $8.6M | $9.0M | $8.7M | $10.4M | $9.4M | $10.1M | $9.0M | $8.4M |
| Total operating expenses | $6.9M | $12.7M | $10.8M | $13.0M | $13.8M | $14.6M | $25.4M | $17.5M | $16.7M | $17.4M | $15.2M | $14.6M |
| Operating income | $222,000 | −$8.8M | −$3.3M | −$4.0M | −$7.7M | −$10.1M | −$18.5M | −$12.9M | −$10.1M | −$12.9M | −$9.3M | −$9.8M |
| Interest income | $68,000 | $95,000 | $40,000 | $31,000 | $25,000 | $24,000 | — | — | $71,000 | $139,000 | — | — |
| Interest expense | $517,000 | $588,000 | $445,000 | $599,000 | $561,000 | $614,000 | $603,000 | $496,000 | $544,000 | $1.1M | $1.0M | $906,000 |
| Income before taxes | −$551,000 | −$9.4M | −$7.7M | −$4.1M | −$8.7M | −$10.9M | −$20.3M | −$12.6M | −$9.8M | −$18.6M | −$11.3M | −$10.6M |
| Income taxes | — | — | $42,000 | — | — | — | $45,000 | — | — | $2.3M | $32,000 | $2.0M |
| Net income | −$551,000 | −$9.4M | −$7.8M | −$4.1M | −$8.7M | −$10.9M | −$20.4M | −$12.6M | −$9.8M | −$18.6M | −$11.3M | −$10.6M |
| EBITDA | $1.9M | −$7.3M | −$5.6M | −$2.0M | −$6.5M | −$8.8M | −$17.5M | −$9.8M | −$6.9M | −$15.2M | −$10.2M | −$7.7M |
| EPS (diluted) | −$0.07 | −$0.07 | −$0.04 | −$0.03 | −$0.07 | −$0.10 | −$0.22 | −$0.15 | −$0.12 | −$0.17 | −$0.16 | −$0.16 |
| Gross margin | 56.2% | 38.2% | 59.2% | 63.4% | 49.5% | 48.2% | 51.9% | 44.0% | 53.5% | 46.0% | 53.2% | 52.6% |
| Operating margin | 1.8% | −85.9% | −25.9% | −28.0% | −62.6% | −110.2% | −139.2% | −121.9% | −81.1% | −132.1% | −84.5% | −107.5% |
| Net margin | −4.4% | −91.2% | −61.3% | −29.2% | −70.1% | −118.2% | −153.3% | −119.9% | −78.8% | −190.4% | −102.3% | −115.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in REKR's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
REKR financial results
In fiscal year 2025 (ended December 31, 2025), Rekor Systems reported revenue of $48.5 million, up 5.3% from the year before. It had a net loss of $31.5 million, a net profit margin of −64.9%. Diluted earnings per share came to −$0.24. Over five years revenue grew at an average rate of 39.3% a year.
See the REKR stock overview for the latest quote and news, or the REKR chart for price history and technical indicators.
REKR income statement FAQ
What is Rekor Systems's annual revenue?
Rekor Systems reported total revenue of $48.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.3% from $46.0 million the previous year.
Is Rekor Systems profitable?
No. Rekor Systems reported a net loss of $31.5 million in fiscal 2025, a net profit margin of −64.9%; its operating margin was −51.9%.
What is Rekor Systems's gross margin?
Rekor Systems's gross margin was 55.9% in fiscal 2025: for every $100 of revenue, Rekor Systems kept $56 after the direct cost of its products and services.
How much does Rekor Systems spend on research and development?
Rekor Systems spent $14.6 million on research and development in fiscal 2025, 30.1% of revenue.
How fast is Rekor Systems growing?
Revenue grew 39.3% a year on average over the last five fiscal years, from $9.2 million to $48.5 million.
What are Rekor Systems's earnings per share?
Rekor Systems earned $-0.24 per diluted share in fiscal 2025, compared with $-0.66 a year earlier.
When will Rekor Systems report its next earnings?
Rekor Systems is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Rekor Systems's fiscal year end?
Rekor Systems's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.