Rekor Systems, Inc.

2.5600-0.17 (-6.23%)

Oct 29, 4:00:00 PM EDT · NasdaqCM · REKR · USD

Upcoming Earnings

Report date

Nov 13, 2025 (in 14 days)

Key Stats

Market Cap

323.42M

P/E (TTM)

Basic EPS (TTM)

-0.53

Dividend Yield

Recent Filings

8-K

Rekor Q3 revenue hits record

10/14/25Oct 14, 2025

Rekor Systems announced preliminary Q3 2025 results on October 14, showing record revenue of $13.9 million to $14.3 million, gross margin of 61% to 65%, and Adjusted EBITDA loss narrowed to $1.6 million to $1.9 million—over 65% better than Q2 2025. This surge stems from booming demand for data-as-a-service and software, fueling operating leverage. Full results drop November 13. Trends point up.

10-Q

Q2 FY2025 results

8/12/25Aug 12, 2025

Rekor Systems held revenue steady at $12.4M for Q2 FY2025 ended June 30, 2025, down just 0.5% y/y but up 2.5% q/q (derived), while YTD revenue dipped 3% y/y to $21.6M amid weather disruptions and government delays. Gross margins slipped to 49.5% from 53.5% y/y on higher personnel costs, yet operating losses narrowed sharply to $7.7M from $10.1M y/y through cost controls slashing R&D by 27% and G&A by 6%. Diluted EPS improved to -$0.07 from -$0.12 y/y, confirmed against 117M weighted shares with no anti-dilution flags. Cash stood at $4.8M with $6.2M working capital, bolstered by $17.7M from equity sales, while free cash flow remained negative at -$16.4M (derived). Urban Mobility drove 68% of revenue. Ongoing litigation poses a persistent drag.

8-K

Rekor narrows losses, secures contracts

8/12/25Aug 12, 2025

Rekor Systems reported Q2 2025 revenue of $12.4 million, nearly flat year-over-year, while slashing operating expenses 17% quarter-over-quarter through disciplined cost controls. Key wins included a statewide TxDOT blanket order for Rekor Command and a $1.4 million, five-year CTRMA extension, boosting incident detection 324% and cutting response times 11 minutes. Adjusted EBITDA loss narrowed substantially for the half-year. Momentum builds in AI roadway intelligence.

8-K

Terminates stock sales agreement

8/12/25Aug 12, 2025

Rekor Systems terminated its At Market Issuance Sales Agreement with Northland Securities on August 12, 2025, ending the program that sold 18,888,832 common shares for $23.3 million since February. This halts further equity raises under the deal. No rationale disclosed.

8-K

Rekor wins $1.2M deployment contract

6/6/25Jun 6, 2025

Rekor Systems secured a $1.2 million one-year Data-as-a-Service contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover® systems, announced June 6, 2025, with installation expected within 60 days. This deal replaces outdated intrusive sensors with AI-powered, FHWA-compliant tech, enhancing traffic data collection while boosting worker safety and operational efficiency. Momentum builds. The contract signals Rekor's expanding U.S. footprint amid growing international interest.

About

Rekor Systems, Inc. provides infrastructure solutions for public safety, urban mobility, and transportation management markets in the United States and internationally. The company offers Rekor One, a roadway intelligence engine; Rekor Command for transportation management; Rekor Discover for urban mobility; Rekor Scout for public safety; Rekor AutoNotice, cloud-based financial management application for contactless compliance; and Rekor CarCheck, an artificial intelligence (AI) based vehicle and license plate recognition technology. It also provides Rekor Edge Max, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. In addition, the company provides traffic services, including traditional traffic studies for permanent and temporary traffic analytics projects; AI-driven traffic studies for traffic management; and traffic engineering services. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.

CEO

Mr. Robert Alan Berman

IPO

8/29/2017

Website

https://www.rekor.ai

Employees

319

Sector

Technology

Industry

Software - Infrastructure