Rekor Systems (REKR) Operating Expenses (2016 - 2026)
Rekor Systems (REKR) reported Operating Expenses of $14.2 million for Q1 2026, down 2.57% on a YoY basis from $14.6 million in Q1 2025, and down 2.49% quarter-over-quarter from $14.6 million in Q4 2025.
Rekor Systems (REKR) Operating Expenses (2016 - 2026) Analysis & Trends
Rekor Systems has reported Operating Expenses for 11 years, with the latest figure at $14.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 2.57% year-over-year to $14.2 million; the trailing twelve-month figure through Mar 2026 stood at $55.6 million (down 25.06% YoY), and the FY2025 full-year result was $56.0 million, down 27.34% from the prior year.
- Operating Expenses for Q1 2026 stood at $14.2 million, down from $14.6 million in the prior quarter.
- The five-year high for Operating Expenses was $50.8 million in Q3 2022, with the low at $13.0 million in Q3 2025.
- Historically, Operating Expenses has averaged $17.8 million across 5 years, with a median of $14.7 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 367.47% — and 2023, when it slumped 71.26%.
- Rekor Systems' Operating Expenses stood at $13.1 million in 2022, then advanced by 16.2% to $15.2 million in 2023, then soared by 66.59% to $25.4 million in 2024, then tumbled by 42.6% to $14.6 million in 2025, then slipped by 2.49% to $14.2 million in 2026.
- The last three Operating Expenses figures came in at $14.2 million (Q1 2026), $14.6 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Rekor Systems | 96.68 Mn | 84.08 Mn | 9.35 Mn | 14.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 7.58 Mn |