Rekor Systems (REKR) Research & Development (2018 - 2026)
Rekor Systems' (REKR) quarterly Research & Development came in at $2.4 million in Q2 2026, down 33.32% on a YoY basis from $3.7 million in Q2 2025, and down 30.15% quarter-over-quarter from $3.5 million in Q1 2026.
Analysis
Rekor Systems (REKR) Research & Development (2018 - 2026) Analysis & Trends
Rekor Systems (REKR) has reported Research & Development for 9 consecutive years, with $2.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 33.32% year-over-year to $2.4 million; the trailing twelve-month figure through Jun 2026 stood at $12.9 million (down 21.43% YoY), and the FY2025 full-year result was $14.6 million, down 22.22% from the prior year.
- Research & Development eased to $2.4 million in Q2 2026 per REKR's latest filing, from $3.5 million in the prior quarter.
- Across five years, Research & Development topped out at $5.0 million in Q1 2024 and bottomed at $2.4 million in Q2 2026.
- Historically, Research & Development has averaged $4.2 million across 5 years, with a median of $4.3 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Research & Development surged 234.86% in 2022, then sank 33.32% in 2026.
- Over 5 years, Research & Development stood at $4.8 million in 2022, then slipped by 12.06% to $4.3 million in 2023, then slipped by 5.31% to $4.0 million in 2024, then slipped by 18.02% to $3.3 million in 2025, then dropped by 26.37% to $2.4 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.4 million, $3.5 million, and $3.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.51 Bn | 5.64 Bn | 65.63 Mn | 35.16 Mn |
| 2 | Arlo Technologies | 1.53 Bn | 1.43 Bn | 75.22 Mn | 24.09 Mn |
| 3 | Evolv Technologies Holdings | 914.94 Mn | 852.31 Mn | 21.95 Mn | 12.70 Mn |
| 4 | Gorilla Technology | 324.41 Mn | 145.05 Mn | -2.11 Mn | -1.16 Mn |
| 5 | Rank One Computing | 83.95 Mn | 72.01 Mn | 4.57 Mn | 2.10 Mn |
| 6 | Airship AI Holdings | 71.80 Mn | 59.43 Mn | 3.10 Mn | 854,196.00 |
| 7 | Rekor Systems | 70.95 Mn | 60.91 Mn | 7.11 Mn | 2.44 Mn |
| 8 | Odysight.ai | 58.04 Mn | 32.03 Mn | 177,000.00 | 2.32 Mn |
| 9 | LataMed AI | 27.39 Mn | 27.39 Mn | - | - |
| 10 | MicroCloud Hologram | 22.53 Mn | -351.97 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.44 Mn |
| Mar 31, 2026 | 3.49 Mn |
| Dec 31, 2025 | 3.31 Mn |
| Sep 30, 2025 | 3.66 Mn |
| Jun 30, 2025 | 3.65 Mn |
| Mar 31, 2025 | 3.98 Mn |
| Dec 31, 2024 | 4.03 Mn |
| Sep 30, 2024 | 4.74 Mn |
| Jun 30, 2024 | 4.99 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | 4.26 Mn |
| Sep 30, 2023 | 4.27 Mn |
| Jun 30, 2023 | 4.78 Mn |
| Mar 31, 2023 | 4.96 Mn |
| Dec 31, 2022 | 4.84 Mn |
| Sep 30, 2022 | 4.91 Mn |
| Jun 30, 2022 | 4.73 Mn |
| Mar 31, 2022 | 4.09 Mn |
| Dec 31, 2021 | 3.55 Mn |
| Sep 30, 2021 | 2.00 Mn |