earnings
confidence high
sentiment positive
materiality 0.70
Rekor Q2 2026: Revenue $12.7M, adjusted EBITDA loss narrows 79% YoY
Rekor Systems, Inc.
- Revenue $12.7M, up 23% sequentially and 2% YoY; recurring revenue $6.7M, up 14% YoY.
- Adjusted gross margin 56.2% vs 49.5% YoY; adjusted EBITDA loss $1.2M vs $5.8M loss.
- Cash $10.0M; Q2 operating cash burn $2.4M; six-month cash used improved 61% YoY.
- Headcount cut 20% in H1; management sees further savings; reaffirms H2 2026 adjusted EBITDA profitability.
- Evaluating refinancing of Prime Revenue Sharing Notes; launched Go-Secure.Video and Rekor Scout Axis Agent.