Rekor Systems (REKR)
NASDAQ:REKR
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Earnings Data
Report Date
Aug 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic tone: clear operational actions produced measurable near-term improvements (12% revenue growth, +5pp gross margin, higher recurring revenue, workforce reductions) and management laid out a credible path to improved profitability (expected Q2 benefits and year-end EBITDA positive). However, Q1 still reflected one-time restructuring charges, a continued EBITDA loss (~$6.5M), and a sequential cash decline to $12.2M. The positives — revenue/margin gains, recurring revenue and concrete cost actions — outweigh the near-term negatives, though execution and timing risks remain.Company Guidance
Revenue Growth and Product Performance
Revenue increased 12% year-over-year (approximately $1.1M of growth). All product lines grew: Scout contributed ~$281k, Discover ~$682k and Command ~$102k.
Gross Margin Expansion
Adjusted gross margins improved to 53% in Q1 2026 from 48% in Q1 2025, a 5 percentage point increase driven by revenue growth, a favorable product mix (higher-margin software) and a larger share of recurring revenue.
High Recurring Revenue Mix
Recurring revenue represented ~64% of total revenue in the quarter, supporting more predictable top-line performance and margin stability.
Cost Reductions and Organizational Restructuring
Completed a detailed review and structural changes including reduction of ~45 positions (~16% of workforce) between year-end 2025 and end of Q1 2026, rightsizing costs and optimizing engineering; management expects the majority of benefits to be visible beginning in Q2.
Improving EBITDA Trend
EBITDA loss improved to approximately $6.5M in Q1 2026 from a $7.4M loss in Q1 2025 (an improvement of ~$0.9M), reflecting revenue growth and cost containment efforts.
Strategic Contracts and Product Pipeline
Key commercial developments: Georgia DOT contract vehicle (base roughly $60M) is in place with reported state/county/city uptake and price increases on existing equipment (positive for margins). Rekor Labs launched and its first product, GoSecure, is on track for commercial release in Q3 2026 to address video authentication needs. Management is also pursuing refinancing of revenue-sharing notes to lower cost of capital.
REKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
REKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $0.87 | $0.81 | -6.77% |
Mar 31, 2026 | $0.82 | $0.75 | -8.54% |
Nov 13, 2025 | $2.04 | $2.14 | +4.90% |
Aug 12, 2025 | $1.11 | $1.16 | +4.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rekor Systems (REKR) report earnings?
Rekor Systems (REKR) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
What is Rekor Systems (REKR) earnings time?
Rekor Systems (REKR) earnings time is at Aug 18, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REKR EPS forecast?
REKR EPS forecast for the fiscal quarter 2026 (Q2) is -0.03.