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Rekor Systems (REKR) Research & Development: 2018-2024

Historic Research & Development for Rekor Systems (REKR) over the last 7 years, with Dec 2024 value amounting to $18.8 million.

  • Rekor Systems' Research & Development fell 22.78% to $3.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $15.3 million, marking a year-over-year decrease of 19.32%. This contributed to the annual value of $18.8 million for FY2024, which is 2.71% up from last year.
  • Per Rekor Systems' latest filing, its Research & Development stood at $18.8 million for FY2024, which was up 2.71% from $18.3 million recorded in FY2023.
  • Rekor Systems' Research & Development's 5-year high stood at $18.8 million during FY2024, with a 5-year trough of $3.2 million in FY2020.
  • Moreover, its 3-year median value for Research & Development was $18.6 million (2022), whereas its average is $18.6 million.
  • In the last 5 years, Rekor Systems' Research & Development soared by 160.35% in 2021 and then declined by 1.85% in 2023.
  • Over the past 5 years, Rekor Systems' Research & Development (Yearly) stood at $3.2 million in 2020, then surged by 160.35% to $8.3 million in 2021, then surged by 124.51% to $18.6 million in 2022, then declined by 1.85% to $18.3 million in 2023, then rose by 2.71% to $18.8 million in 2024.