Rekor Systems, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $48.5M | $46.0M | $34.9M | $19.9M | $11.6M | $9.2M | $5.5M |
| Cost of Revenue | — | — | — | — | — | — | $3.5M | $1.7M |
| Gross Profit | — | — | — | — | — | — | $5.7M | $3.8M |
| Gross Margin | — | — | — | — | — | — | 61.7% | 69.8% |
| Operating Expenses | ||||||||
| Research & Development | — | $14.6M | $18.8M | $18.3M | $18.6M | $8.3M | $3.2M | $1.4M |
| SG&A Expense | — | $25.2M | $30.7M | $27.0M | $26.6M | $23.0M | $10.3M | $8.3M |
| Operating Income | — | $-28.9M | $-54.3M | $-42.1M | $-85.8M | $-31.8M | $-11.8M | $-7.5M |
| Operating Margin | — | -59.6% | -118.0% | -120.6% | -430.6% | -275.0% | -128.3% | -137.8% |
| Interest Expense | — | $2.3M | $2.6M | $3.6M | $21.0K | $27.0K | $2.5M | $3.9M |
| Pretax Income | — | $-31.4M | $-61.4M | $-45.7M | $-84.4M | $-31.1M | $-13.9M | $-12.4M |
| Income Tax Expense | — | $42.0K | $45.0K | $32.0K | $-987.0K | $-3.8M | $23.0K | $47.0K |
| Net Income | — | $-31.5M | $-61.4M | $-45.7M | $-83.1M | $-26.8M | $-14.2M | $-15.9M |
| Net Margin | — | -64.9% | -133.4% | -130.8% | -417.2% | -231.4% | -153.6% | -290.4% |
| EPS (Basic) | — | $-0.26 | $-0.71 | $-0.72 | $-1.67 | $-0.66 | $-0.64 | $-0.85 |
| EPS (Diluted) | — | — | — | — | — | $-0.65 | $-0.64 | $-0.85 |
| Shares Outstanding (Basic) | 136.6M | 119.7M | 86.7M | 63.2M | 49.8M | 41.2M | 33.0M | 21.6M |
| Shares Outstanding (Diluted) | 136.6M | 119.7M | 86.7M | 63.2M | 49.8M | 41.2M | 33.0M | 21.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |