Rekor Systems (REKR) Cost of Revenue (2016 - 2026)
Rekor Systems' Cost of Revenue was $5.55 million in Q2 2026, down 11.1% from $6.25 million a year earlier but up 13.8% from the prior quarter.
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Analysis
Rekor Systems (REKR) Cost of Revenue (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rekor Systems' Cost of Revenue was $20.8 million through Jun 30, 2026, down 10.7% year-over-year; for FY2025, it was $21.38 million, down 8.4% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 43.5% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $23.34 million in FY2024 (+41.5%), $16.5 million in FY2023 (+51.5%), $10.89 million in FY2022 (+139.4%) and $4.55 million in FY2021 (+29.3%).
- Quarterly Cost of Revenue has moved between -$156,000 (Q4 2021) and $6.38 million (Q4 2024) over five years.
- Compared with a year earlier, Cost of Revenue was higher in four of the last eight quarters, with growth averaging 2.3%.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2022 (growth of 160.7%); the worst was Q1 2022 (a decline of 20.0%).
- Per Business Quant data, REKR's Cost of Revenue in the three quarters before Q2 2026 was $4.88 million (Q1 2026), $5.18 million (Q4 2025) and $5.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 164.00 Mn |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 357.94 Mn |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Rekor Systems | 50.93 Mn | 9.26 Mn | 7.11 Mn | 5.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.55 Mn |
| Mar 31, 2026 | 4.88 Mn |
| Dec 31, 2025 | 5.18 Mn |
| Sep 30, 2025 | 5.20 Mn |
| Jun 30, 2025 | 6.25 Mn |
| Mar 31, 2025 | 4.76 Mn |
| Dec 31, 2024 | 6.38 Mn |
| Sep 30, 2024 | 5.90 Mn |
| Jun 30, 2024 | 5.78 Mn |
| Mar 31, 2024 | 5.29 Mn |
| Dec 31, 2023 | 5.18 Mn |
| Sep 30, 2023 | 4.32 Mn |
| Jun 30, 2023 | 4.13 Mn |
| Mar 31, 2023 | 2.87 Mn |
| Dec 31, 2022 | 3.45 Mn |
| Sep 30, 2022 | 3.66 Mn |
| Jun 30, 2022 | 2.24 Mn |
| Mar 31, 2022 | 1.54 Mn |
| Dec 31, 2021 | -156,000.00 |
| Sep 30, 2021 | 1.40 Mn |
API Access
Rekor Systems Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=REKR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "REKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=REKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();