REKR Rekor Systems
Price Chart
Executive Summary
Rekor Systems reported Q1 2026 revenue of $10.3M (+12% YoY) and a GAAP EPS of -$0.07, missing the consensus estimate of -$0.04. The company highlighted margin expansion (gross margin 53% vs 48% a year ago) and cost-cutting actions, but the EPS miss and ongoing operating losses temper the positive narrative.
Key Financial Metrics
Actionable Insight
The EPS miss and continued net loss are negatives, but revenue growth, margin expansion, and cash burn improvement provide a counter-narrative. Watch for Q2 results to see if cost-cutting benefits materialize and for any refinancing announcement that could reduce interest expense. The GoSecure product launch in Q3 2026 is a potential catalyst but unproven.
Key Facts
- Q1 2026 revenue $10.3M, up 12% YoY from $9.2M
- GAAP EPS -$0.07 vs consensus -$0.04 (miss of 75%)
- Adjusted gross margin improved to 52.5% from 48.2% YoY
- EBITDA loss improved to -$7.4M from -$8.7M YoY
- Cash used in operations improved 54% YoY
- Headcount reduced by ~16% (45 positions) through Q1 2026
- GoSecure™ product launch targeted for Q3 2026
- Evaluating refinancing of Prime Revenue Sharing Notes to lower cost of capital
Financial Impact
Revenue grew $1.1M YoY; EPS missed by $0.03 vs consensus; operating loss improved $1.3M YoY
Risk Factors
- EPS miss of 75% vs consensus signals weaker-than-expected profitability
- Cash burn continues; cash balance fell from $16.6M to $12.2M in Q1
- Accumulated deficit grew to $300.9M; no near-term path to GAAP profitability visible
- Refinancing risk: Prime Revenue Sharing Notes carry high cost; failure to refinance could pressure liquidity
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3292304 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 15, 2026
25d ago
|
8-K
| $0.7660 $0.7680 | ▲ +0.26% | ▼ −0.70% | $0.7380 (−3.66%) |
|
May 11, 2026
29d ago
|
8-K
| $0.8130 $0.7640 | ▼ −6.03% | ▼ −6.10% | $0.7380 (−9.23%) |
|
May 11, 2026
29d ago
|
Press Release
| $0.8130 $0.7640 | ▼ −6.03% | ▼ −6.10% | $0.7380 (−9.23%) |
|
May 1, 2026
5w ago
|
Press Release
| $0.8740 $0.8590 | ▼ −1.72% | ▼ −4.06% | $0.7380 (−15.56%) |
|
Apr 1, 2026
9w ago
|
DEFA14A
| $0.7570 $0.7590 | ▲ +0.26% | ▼ −3.35% | $0.7380 (−2.51%) |
|
Mar 31, 2026
10w ago
|
8-K
| $0.7500 $0.7360 | ▼ −1.87% | ▼ −5.63% | $0.7380 (−1.60%) |
|
Mar 25, 2026
10w ago
|
Press Release
| $0.8800 $0.7500 | ▼ −14.77% | ▼ −14.53% | $0.7380 (−16.14%) |
|
Mar 18, 2026
11w ago
|
Press Release
| $0.9020 $0.8800 | ▼ −2.44% | ▼ −1.72% | $0.7380 (−18.18%) |
|
Mar 17, 2026
12w ago
|
Press Release
| $0.9160 $0.8500 | ▼ −7.21% | ▼ −4.55% | $0.7380 (−19.43%) |
US Market Status
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