Rekor | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 12.6 M

Revenue: As of FY2026 Q2, the actual value is USD 12.6 M, missing the estimate of USD 13.06 M.

EBIT: As of FY2026 Q2, the actual value is USD -1.3 M.

Revenue

Rekor Systems, Inc. expects revenue of approximately $12.6 million for the second quarter ended June 30, 2026, representing growth of approximately 22% sequentially and approximately 2% compared with the second quarter of 2025.

Adjusted Gross Margin

The company anticipates an Adjusted Gross Margin of approximately 55%, compared with approximately 53% in the first quarter of 2026.

Adjusted EBITDA Loss

Rekor Systems, Inc. expects an Adjusted EBITDA loss of approximately - $1.3 million, which is expected to narrow by 78% year over year.

Cash at Quarter-End

Cash at quarter-end is expected to be approximately $10 million.

Operational Metrics - Headcount Reduction

During the first half of 2026, Rekor Systems, Inc. reduced its headcount by approximately 20%.

Operational Metrics - Annual Operating Expense Reduction

The consolidation of certain overseas engineering operations was previously estimated to reduce annual operating expenses by approximately $7.5 million.

Operational Metrics - Additional Cost Efficiencies

Rekor Systems, Inc. has identified additional efficiencies unrelated to workforce reductions, which are expected to generate several million dollars of additional annualized cost savings.

Unique Metrics - Go-Secure.Video Launch

Rekor Systems, Inc. launched Go-Secure.Video, a proprietary media-authentication technology that creates cryptographic proof of video authenticity from the moment of capture.

Unique Metrics - Rekor Scout Axis Agent with Go-Secure.Video

The company also launched the Rekor Scout Axis Agent with Go-Secure.Video, bringing trusted and tamper-evident video capabilities to supported Axis cameras used with the Rekor Scout platform.

Outlook / Guidance

Rekor Systems, Inc. expects to achieve profitability on an Adjusted EBITDA basis during the second half of 2026, driven by a materially lower operating expense base, additional efficiencies, and continued revenue growth across its core roadway intelligence businesses. An initial commercial launch-partner transaction for its Go-Secure.Video technology is anticipated in Q3 2026. The second half will also benefit from the expansion of data-as-a-service offerings and execution in public safety, urban mobility, and transportation management.