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Financials · REKR

Rekor Systems Inc. (REKR) financials

For the twelve months ended Sep 30, 2026, Rekor Systems Inc. reported $46.53M of revenue and -$20.55M of net income.

Revenue, TTM
$46.53M
Revenue growth, YoY
-5.1%
Net income, TTM
-$20.55M
Net margin
-44.2%
Free cash flow, TTM
-$11.31M
Cash
$5.09M
Total debt
$15.08M
P/S
0.74
Market cap
$34.4M
Annual revenue$48.45M
FY2016FY2025
Annual net income-$31.46M
FY2016FY2025
Annual free cash flow-$22.90M
FY2016FY2025

REKR revenue and earnings growth

REKR revenueQ3 2026$10.90M

Quarter YoY
-23.2%
QoQ
-13.9%
FY YoY
+5.3%
5Y CAGR
+39.3%

REKR revenue was $10.90M in fiscal Q3 2026 (ended Sep 30, 2026), down 23.2% from a year earlier and down 13.9% from the prior quarter. For the full fiscal 2025 it was $48.45M, up 5.3% from fiscal 2024. Compound annual growth was +39.3% over 5 years. It rose in 7 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

REKR net incomeQ3 2026-$2.86M

REKR net income was -$2.86M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$4.15M a year earlier. For the full fiscal 2025 it was -$31.46M, compared with -$61.41M in fiscal 2024.

REKR free cash flowQ3 2026-$4.54M

REKR free cash flow was -$4.54M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$6.26M a year earlier. For the full fiscal 2025 it was -$22.90M, compared with -$34.15M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$48.45M$46.03M$34.93M$19.92M$11.57M$9.23M$5.47M$20.05M$22.14M$12.13M
Cost of revenue-----$3.53M$1.65M$9.98M$13.79M$6.96M
Gross profit-----$5.70M$3.82M$10.08M$8.34M$5.17M
Research and development$14.60M$18.77M$18.27M$18.62M$8.29M$3.19M$1.43M$131.0K--
Selling, general and admin$25.18M$30.68M$27.04M$26.61M$23.01M$10.28M$8.28M$13.31M$12.98M$5.26M
Operating income-$28.89M-$54.32M-$42.12M-$85.78M-$31.83M-$11.85M-$7.53M-$5.12M-$4.64M-$93.9K
Interest expense$2.30M$2.65M$3.60M$21.0K$27.0K$2.50M$3.91M$492.0K$213.5K$165.1K
Pre-tax income-$31.42M-$61.37M-$45.65M-$84.44M-$31.07M-$13.94M-$12.36M-$5.68M-$5.34M-$259.0K
Income tax$42.0K$45.0K$32.0K-$987.0K-$3.82M$23.0K$47.0K$29.0K-$294.7K-$220.0K
Net income-$31.46M-$61.41M-$45.69M-$83.11M-$26.78M-$14.18M-$15.88M-$5.70M-$5.04M-$39.0K
EPS, basic-$0.26-$0.71-$0.72-$1.67-$0.66-$0.64-$0.85-$0.44-$0.51-$0.01
EPS, diluted-----$0.65-$0.64-$0.85-$0.44-$0.51-$0.01
Diluted shares----41.2M24.2M20.0M15.4M11.8M7.7M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$16.57M$5.01M$15.38M$1.92M$25.80M$20.59M$1.87M$2.77M$1.96M$2.79M
Short-term investments-----$0----
Receivables$8.77M$7.23M$4.96M$3.24M$953.0K$1.04M----
Inventory$3.07M$4.30M$3.06M$1.99M$1.18M$1.26M$302.0K$73.0K$155.7K$0
Current assets$30.73M$19.93M$25.34M$9.28M$30.68M$24.12M$10.23M$8.53M$10.93M$4.87M
Goodwill$24.31M$24.31M$20.59M$20.59M$53.45M$6.34M$6.34M$1.40M$3.09M$0
Total assets$85.39M$82.47M$92.15M$83.84M$125.88M$40.40M$28.99M$18.05M$20.60M$5.48M
Current liabilities$29.09M$18.22M$17.24M$15.44M$13.82M$5.92M$10.33M$8.57M$8.23M$1.15M
Short-term debt------$1.89M$566.0K--
Long-term debt-----$469.0K$0$19.42M$1.50M-
Total debt$15.00M$15.88M$26.02M-$1.07M$469.0K$1.89M$19.99M$1.50M-
Total liabilities$42.52M$48.33M$58.78M$34.50M$24.79M$8.54M$32.22M$9.55M$9.69M$1.67M
Shareholders' equity$42.87M$34.14M$33.37M$49.34M$101.09M$25.19M-$9.04M$3.46M$6.51M$1.55M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$20.37M-$32.47M-$32.63M-$39.61M-$18.03M-$15.06M-$21.33M-$2.05M-$3.17M-$136.1K
Capital expenditures$2.53M$1.68M$1.39M$2.99M$4.37M$1.04M$798.0K$1.00M$289.7K$36.8K
Free cash flow-$22.90M-$34.15M-$34.02M-$42.60M-$22.41M-$16.10M-$22.13M-$3.05M-$3.46M-$172.9K
Investing cash flow-$2.17M-$9.03M$270.0K-$8.39M-$47.37M$4.59M-$563.0K$395.0K-$289.7K-$36.8K
Financing cash flow$34.08M$31.11M$45.60M$23.87M$70.99M$29.62M$20.99M$2.47M$2.63M$2.39M
Share repurchases$189.0K$189.0K$105.0K$98.0K$319.0K$0----
Stock-based compensation$2.91M$4.83M$4.35M$6.62M$3.91M$796.0K$446.0K$465.0K$408.5K$26.8K
Depreciation and amortization$6.26M$9.49M$7.89M$6.42M$3.09M$1.96M$323.0K$1.05M$142.5K$51.9K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY5.3%31.8%75.4%72.1%25.4%68.8%-72.7%-9.4%82.5%-
Gross margin-----61.7%69.8%50.2%37.7%42.6%
Operating margin-59.6%-118.0%-120.6%-430.6%-275.0%-128.3%-137.8%-25.5%-21.0%-0.8%
Net margin-64.9%-133.4%-130.8%-417.2%-231.4%-153.6%-290.4%-28.4%-22.8%-0.3%
Free cash flow margin-47.3%-74.2%-97.4%-213.9%-193.6%-174.4%-404.6%-15.2%-15.6%-1.4%
Return on equity-73.4%-179.9%-136.9%-168.5%-26.5%-56.3%--165.0%-77.4%-2.5%
Return on assets-36.8%-74.5%-49.6%-99.1%-21.3%-35.1%-54.8%-31.6%-24.5%-0.7%
Current ratio1.061.091.470.602.224.080.990.991.334.22
Debt to equity0.350.470.78-0.010.02-5.780.23-

Source: XBRL data Rekor Systems Inc. files with the SEC, latest filing dated Nov 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

REKR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
REKR$46.53M-5.1%-$20.55M-44.2%$34.4M
MSI$12.60B+11.4%$2.08B16.5%$87.83B
VRRM$1.00B+6.5%$37.83M3.8%$279.7M

REKR FAQ

7 questions
  • What is REKR revenue?
    Rekor Systems Inc. (REKR) reported $46.53M of revenue for the twelve months ended Sep 30, 2026. That is down 5.1% from the year before. Revenue for fiscal 2025 was $48.45M.
  • Is REKR profitable?
    No. Rekor Systems Inc. reported a net loss of $20.55M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does REKR have?
    Rekor Systems Inc. reported $5.09M in cash and cash equivalents and $15.08M of debt on its most recent balance sheet in SEC filings.
  • How fast is REKR revenue growing?
    Rekor Systems Inc.'s revenue changed +5.3% in fiscal 2025, to $48.45M. Its compound annual growth rate was +39.3% over 5 years.
  • What is REKR free cash flow?
    Rekor Systems Inc. generated -$11.31M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$10.35M less capital expenditures.
  • When did REKR last report financial results?
    The latest statements here come from Rekor Systems Inc.'s 10-Q filed on Nov 12, 2026, covering the period ended Sep 30, 2026.
  • Where does this REKR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Rekor Systems Inc. files with the SEC. It is provided for information only and is not investment advice.