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Nasdaq · Communication Services

Rekor Systems, Inc. (REKR)

As-reported financials and SEC filings for Rekor Systems, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Rekor Systems, Inc.

Rekor Systems, Inc. provides technology solutions focused on information security and cybersecurity risk management. The company offers services that include identifying, assessing, and managing cybersecurity threats, supported by internal teams and third-party providers. Rekor serves organizations seeking to monitor and protect their digital environments from security risks.

Snapshot

Revenue
$48.5M
Revenue growth (YoY)
5.3%
Net income
$-31.5M
Diluted EPS
Gross margin
Operating margin
-59.6%
Net margin
-64.9%
FCF margin
-47.3%
ROE
-73.4%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$75.5M
Long-term debt / equity
0.35×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Rekor Systems

  • Revenue grew 5.3% to $48M in FY2025, slower than the 31.8% the year before.
  • Operating margin is -59.6% in FY2025, +215.4 pp against -275.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $13M, up 2.5% from Q2 FY2025.
  • Free cash flow was negative $23M in FY2025.
  • Net loss narrowed to $31M in FY2025, from $61M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Rekor Systems’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin-59.6%
6th percentile of 185
Net margin-64.9%
5th percentile of 191
FCF margin-47.3%
4th percentile of 164
Revenue growth (YoY)+5.3%
56th percentile of 209
ROE-73.4%
16th percentile of 165
Long-term debt / equity0.35×
37th percentile of 101
Short interest10.60d
92nd percentile of 216

Rekor Systems’s FCF margin of -47.3% ranks in the 4th percentile of the 164 Communication Services companies reporting it. Rekor Systems’s net margin of -64.9% ranks in the 5th percentile of the 191 Communication Services companies reporting it. Rekor Systems’s operating margin of -59.6% ranks in the 6th percentile of the 185 Communication Services companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
2
2 new, 0 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$136,231
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$79,341114.2KNew
Point72 Asset ManagementquantQ2 2026$32,03046.1KNew
Citadel AdvisorsquantQ2 2026$24,86035.8KReduced

No longer held by: Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.6M
settled 2026-08-14
Change vs prior
-11.0%
vs previous settlement
Days to cover
10.60
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1414.6M-11.0%10.60
2026-07-3116.5M-2.1%12.03
2026-07-1516.8M+3.0%7.60
2026-06-3016.3M-17.3%5.82
2026-06-1519.7M+8.8%9.09
2026-05-2918.1M-2.8%7.73
2026-05-1518.7M+34.2%2.70
2026-04-3013.9M-0.0%7.36

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$48.5M$46.0M$34.9M$19.9M$11.6M
Gross profit
Operating income$-28.9M$-54.3M$-42.1M$-85.8M$-31.8M
Net income$-31.5M$-61.4M$-45.7M$-83.1M$-26.8M
Diluted EPS

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$16.6M$5.0M$15.4M$1.9M$25.8M
Current assets$30.7M$19.9M$25.3M$9.3M$30.7M
Total assets$85.4M$82.5M$92.2M$83.8M$125.9M
Current liabilities$29.1M$18.2M$17.2M$15.4M$13.8M
Long-term debt$15.0M$15.9M$26.0M
Total liabilities$42.5M$48.3M$58.8M$34.5M$24.8M
Total equity$42.9M$34.1M$33.4M$49.3M$101.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-20.4M$-32.5M$-32.6M$-39.6M$-18.0M
Capital expenditure$2.5M$1.7M$1.4M$3.0M$4.4M
Free cash flow$-22.9M$-34.2M$-34.0M$-42.6M$-22.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$12.7M2.5%$-551,000
Q1 FY2026$10.3M11.6%$-9.4M
Q4 FY2025$12.7M-4.4%$-7.8M
Q3 FY2025$14.2M34.6%$-4.1M
Q2 FY2025$12.4M-0.5%$-8.7M
Q1 FY2025$9.2M-5.9%$-10.9M
Q4 FY2024$13.3M20.0%$-20.4M
Q3 FY2024$10.5M15.6%$-12.6M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCommunications Equipment, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1697851

Selected SEC filings

10-K2026-03-31
View on EDGAR →
10-Q2026-08-13
View on EDGAR →
10-Q2026-05-11
View on EDGAR →
10-Q2025-11-13
View on EDGAR →
10-Q2025-08-12
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-07-15
View on EDGAR →
8-K2026-05-15
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.