Rekor Systems (REKR) Operating Expenses (2016 - 2026)
Rekor Systems' Operating Expenses came in at $6.89 million for Q2 2026, down 50.3% from $13.85 million a year earlier and down 51.5% from the prior quarter.
Rekor Systems (REKR) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rekor Systems reported Operating Expenses of $48.62 million, down 31.8% year-over-year; for FY2025, it came in at $55.96 million, down 27.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 26.1% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $77.01 million in FY2024 (+27.2%), $60.55 million in FY2023 (-36.1%), $94.81 million in FY2022 (+144.0%) and $38.86 million in FY2021 (+121.2%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q4 2020.
- Year-over-year, Operating Expenses has declined for six consecutive quarters, with an average decline of 8.5% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 367.5%), and the weakest in Q3 2023 (a decline of 71.3%).
- Business Quant data shows REKR's Operating Expenses at $14.2 million (Q1 2026), $14.56 million (Q4 2025) and $12.97 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.09 Bn | 245.16 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 244.26 Bn | 224.66 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 127.58 Bn | 113.51 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 112.93 Bn | 100.25 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 97.34 Bn | 78.98 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Zscaler | 37.10 Bn | 23.22 Bn | - | - |
| 7 | Okta | 36.45 Bn | 26.54 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Axon Enterprise | 32.48 Bn | 27.00 Bn | 546.45 Mn | 499.67 Mn |
| 9 | MongoDB | 31.35 Bn | 21.82 Bn | 569.77 Mn | 541.37 Mn |
| 10 | Rekor Systems | 45.33 Mn | 3.66 Mn | 7.11 Mn | 6.89 Mn |
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 |
Rekor Systems Operating Expenses 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=operating-expenses&ticker=REKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=REKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();