Rekor Systems announced preliminary second-quarter 2026 results showing an expected adjusted EBITDA loss of approximately $1.3 million, a significant improvement driven by its operational realignment. Revenue is expected to reach approximately $12.6 million, up about 22% sequentially and 2% year-over-year, with an adjusted gross margin of approximately 55%. The company ended the quarter with approximately $10 million in cash and has identified additional annualized cost savings of several million dollars that do not require further workforce reductions. Rekor expects to achieve profitability on an adjusted EBITDA basis during the second half of 2026, supported by its lower expense base, continued revenue growth, and potential commercial partnerships for its newly launched Go-Secure.Video media-authentication technology.
Rekor Systems IncPreliminary Q2 results show narrowed adjusted EBITDA loss, improved revenue, and path to profitability.