Earnings summaries and quarterly performance for Rekor Systems.
Executive leadership at Rekor Systems.
Board of directors at Rekor Systems.
Research analysts who have asked questions during Rekor Systems earnings calls.
NL
Noah Levitz
William Blair
4 questions for REKR
Also covers: AIR, STRL, VSEC
KA
KC Ambrecht
Shay Capital
2 questions for REKR
Mike Latimore
Northland Capital Markets
2 questions for REKR
Also covers: AI, AXON, CTLP +22 more
Lawrence Stavitski
Clear Street
1 question for REKR
Also covers: MEG
LD
Louie DiPalma
William Blair
1 question for REKR
Also covers: AIR, ASTS, AVAV +16 more
Michael Latimore
Northland Capital Markets
1 question for REKR
Also covers: DCGO, SYM
TM
Tim Moore
EF Hutton
1 question for REKR
Also covers: AMPS, AMSC, ARQ +11 more
UA
Unknown Attendee
Private Investor
1 question for REKR
Also covers: BKYI, PPSI
Recent press releases and 8-K filings for REKR.
Rekor Systems Announces Pricing of Underwritten Registered Direct Offering
REKR
- Rekor Systems, Inc. announced the pricing of an underwritten registered direct offering of 8,571,428 units at a public offering price of $1.75 per unit.
- Each unit consists of one share of common stock and a warrant to purchase one share of common stock at an exercise price of $2.40 per share.
- The offering is expected to generate approximately $15 million in gross proceeds.
- Rekor intends to use the net proceeds for working capital, capital expenditures, and general corporate purposes.
- The offering included participation from one institutional investor and is expected to close on or about December 16, 2025.
Dec 15, 2025, 11:45 AM
Rekor Systems Reports Record Q3 2025 Financial Results and Announces CFO Transition
REKR
Earnings
CFO Change
New Projects/Investments
- Rekor Systems achieved its best financial performance in company history for Q3 2025, reporting record revenue of $14.2 million, a 35% increase compared to Q3 2024, and an adjusted gross margin of 63%. This led to a significant improvement in profitability, with the adjusted EBITDA loss narrowing to $1.5 million, an 84% improvement from the prior year period.
- The company announced a CFO transition, with Eyal Hen stepping down and Joe Nalepa appointed as his successor. Rekor also secured its largest statewide multi-year contract with the Georgia Department of Transportation, valued at a minimum of $50 million, which is expected to contribute to revenue starting in Q4 2025.
- Rekor is expanding its data-as-a-service business model for higher margins and plans to enter the global deepfake detection market through Rekor Labs, with a product anticipated in 2026. The company also noted a 24% quarter-over-quarter reduction in total operating expenses (excluding D&A) due to operational efficiencies.
Nov 13, 2025, 9:30 PM
Rekor Systems Reports Record Third Quarter 2025 Financial Results and CFO Transition
REKR
Earnings
CFO Change
Revenue Acceleration/Inflection
- Rekor Systems reported record quarterly revenue of $14.2 million and an expanded adjusted gross margin of 63% for the third quarter ended September 30, 2025.
- The company achieved its best-ever adjusted EBITDA loss of $1.5 million, supported by a 26% sequential and 20% year-over-year reduction in operating expenses.
- Rekor secured its largest statewide contract to date with the Georgia Department of Transportation (GDOT), valued at a minimum of $50 million over eight years, with the potential to exceed $100 million.
- Eyal Hen resigned as Chief Financial Officer, effective November 17, 2025, and Joseph Nalepa was appointed as his successor.
Nov 13, 2025, 9:25 PM
Rekor Systems' Technology Powers Award-Winning Virtual Weigh Stations, Secures Initial $1 Million Order
REKR
New Projects/Investments
Revenue Acceleration/Inflection
- Rekor Systems' technology, powering South Carolina's "virtual weigh stations," helped the state's Office of Information Technology (OIT) win first place in the State Technology Innovation Award.
- Rekor will receive an initial order of approximately $1 million related to this technology rollout, with more revenue expected as the program expands statewide.
- The system significantly improves enforcement efficiency, enabling state transport police to identify all nine overweight trucks during targeted operations, compared to only three to four previously.
- This successful implementation is expected to open the door for broader adoption by transportation departments nationwide.
Oct 16, 2025, 11:18 AM
REKR Announces Preliminary Q3 2025 Results
REKR
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Rekor Systems, Inc. expects record quarterly revenue between $13.9 million and $14.3 million for the third quarter ended September 30, 2025.
- The company anticipates an Adjusted EBITDA loss between $1.6 million and $1.9 million, which is a significant reduction of over 65% compared to Q2 2025 and over 75% compared to Q3 2024.
- Rekor also projects a gross margin between 61% and 65% for Q3 2025, driven by increased demand for data-as-a-service and software products.
- The full financial results for Q3 2025 are scheduled to be released on Thursday, November 13, 2025.
Oct 14, 2025, 11:05 AM
Rekor Systems Announces Early Deployments with Caltrans and Texas DOT
REKR
New Projects/Investments
Revenue Acceleration/Inflection
- Rekor Systems (NASDAQ: REKR) has announced that the California Department of Transportation (CalTrans) and the Texas Department of Transportation (TxDOT) are now actively using Rekor Discover® through initial installations.
- These deployments are expected to pave the way for wider, potentially statewide, adoption of Rekor's technology.
- This development follows a recent announcement of Rekor's largest state contract with the Georgia DOT, which has the potential to generate a total contract value of over $100 million. This Georgia DOT award validates Rekor's Data-as-a-Service (DaaS) model and is expected to accelerate the adoption of Rekor technologies by other state departments of transportation.
Oct 9, 2025, 11:00 AM
Rekor Systems Secures Largest Statewide Contract with Georgia DOT
REKR
New Projects/Investments
Revenue Acceleration/Inflection
- Rekor Systems, Inc. (NASDAQ: REKR) announced its largest statewide contract to date, a multi-year award from the Georgia Department of Transportation (GDOT).
- The agreement is projected to generate over $50 million in additional revenue throughout its duration, with the potential to increase the total contract value to more than $100 million.
- The contract term can extend up to seven years at GDOT's discretion and involves the deployment of Rekor Discover and Data-as-a-Service.
- This GDOT award marks Rekor's second major statewide contract in recent months, following a blanket purchase order from the Texas Department of Transportation in June.
Oct 7, 2025, 11:00 AM
Quarterly earnings call transcripts for Rekor Systems.
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