Rekor

Q1 FY2026 EarningsQ2 FY2026 preliminary revenue reached $12.6M, up 22% QoQ and 2% YoY. Adjusted Gross Margin improved to 55% from 53% in Q1. Adjusted EBITDA loss narrowed significantly by 78% YoY to $1.3M, driven by a 20% headcount reduction and operational realignment. The company ended the quarter with $10M in cash and expects to achieve Adjusted EBITDA profitability in H2 FY2026.