Rekor Systems (REKR) Operating Expenses (2016 - 2026)
Rekor Systems' (REKR) quarterly Operating Expenses came in at $6.9 million in Q2 2026, down 50.26% on a YoY basis from $13.8 million in Q2 2025, and down 51.49% quarter-over-quarter from $14.2 million in Q1 2026.
Analysis
Rekor Systems (REKR) Operating Expenses (2016 - 2026) Analysis & Trends
Rekor Systems (REKR) has reported Operating Expenses for 11 consecutive years, with $6.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 50.26% year-over-year to $6.9 million; the trailing twelve-month figure through Jun 2026 stood at $48.6 million (down 31.8% YoY), and the FY2025 full-year result was $56.0 million, down 27.34% from the prior year.
- Operating Expenses eased to $6.9 million in Q2 2026 per REKR's latest filing, from $14.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $50.8 million in Q3 2022 and bottomed at $6.9 million in Q2 2026.
- Historically, Operating Expenses has averaged $17.2 million across 5 years, with a median of $14.7 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 367.47% in 2022, then tumbled 71.26% in 2023.
- Over 5 years, Operating Expenses stood at $13.1 million in 2022, then grew by 16.2% to $15.2 million in 2023, then surged by 66.59% to $25.4 million in 2024, then sank by 42.6% to $14.6 million in 2025, then plunged by 52.7% to $6.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.9 million, $14.2 million, and $14.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.43 Bn | 5.56 Bn | 65.63 Mn | 79.14 Mn |
| 2 | Arlo Technologies | 1.52 Bn | 1.42 Bn | 75.22 Mn | 72.76 Mn |
| 3 | Evolv Technologies Holdings | 915.83 Mn | 853.19 Mn | 21.95 Mn | 32.50 Mn |
| 4 | Gorilla Technology | 323.08 Mn | 143.72 Mn | -2.11 Mn | -4.01 Mn |
| 5 | Rank One Computing | 83.95 Mn | 72.01 Mn | 4.57 Mn | 5.34 Mn |
| 6 | Airship AI Holdings | 71.45 Mn | 59.09 Mn | 3.10 Mn | 4.59 Mn |
| 7 | Rekor Systems | 70.61 Mn | 60.57 Mn | 7.11 Mn | 6.89 Mn |
| 8 | Odysight.ai | 58.04 Mn | 32.03 Mn | 177,000.00 | 3.88 Mn |
| 9 | LataMed AI | 27.39 Mn | 27.39 Mn | - | 43,384.00 |
| 10 | MicroCloud Hologram | 22.40 Mn | -352.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.89 Mn |
| Mar 31, 2026 | 14.20 Mn |
| Dec 31, 2025 | 14.56 Mn |
| Sep 30, 2025 | 12.97 Mn |
| Jun 30, 2025 | 13.85 Mn |
| Mar 31, 2025 | 14.58 Mn |
| Dec 31, 2024 | 25.38 Mn |
| Sep 30, 2024 | 17.50 Mn |
| Jun 30, 2024 | 16.73 Mn |
| Mar 31, 2024 | 17.41 Mn |
| Dec 31, 2023 | 15.23 Mn |
| Sep 30, 2023 | 14.60 Mn |
| Jun 30, 2023 | 14.71 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 13.11 Mn |
| Sep 30, 2022 | 50.81 Mn |
| Jun 30, 2022 | 17.13 Mn |
| Mar 31, 2022 | 14.12 Mn |
| Dec 31, 2021 | 12.81 Mn |
| Sep 30, 2021 | 10.87 Mn |