Rekor

Q2 FY2026 EarningsQ2 FY26 performance was largely in-line with or slightly beat consensus, with revenue of $12.7M vs. $12.6M expected and adjusted gross margin at 56.2% vs. 55.0% expected. The most significant outperformance was in operating income ($0.2M vs. -$3.1M EBIT expected), driven by a one-time $2.8M lease remeasurement gain and substantial OpEx reductions. Management reaffirmed the path to Adjusted EBITDA profitability by H2 2026, supported by a 20% headcount reduction in H1.