Filing Flows › Rekor Systems (REKR) › Q1 2025
Rekor Systems (REKR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Rekor Systems (REKR) reported revenue of $9.2M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -31% from the quarter before. Operating margin was -110.2%, net loss $10.9M (118.2% of revenue).
Rekor Systems, Q1 2025: revenue $9.2M (-6% year over year), operating margin -110.2%, net loss $10.9M, operating cash flow −$8.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.2M | -31% | -6% |
| Operating profit | −$10.1M | — | — |
| Net earnings | −$10.9M | — | — |
| Operating cash flow | −$8.1M | — | — |
What changed
Revenue was $9.2M in Q1 2025, down 6% year over year and down 31% from the previous quarter. Urban Mobility was the largest line at 60% of revenue. Public Safety lost $253K year over year (down 7%), 44% of the total change.
Operating costs exceeded revenue by $10.1M, an operating margin of -110.2%. Total costs fell 15% while revenue fell 6%. The quarter ended with a net loss of $10.9M, narrower than the previous quarter's $20.4M loss.
Operating cash flow was −$8.1M. Non-cash charges added back $1.6M of depreciation and amortization and $1.4M of share-based compensation. Capital expenditures of $349K exceeded it, leaving free cash flow of −$8.4M.
Questions
What was Rekor Systems' revenue in the first quarter 2025?
Rekor Systems (REKR) reported revenue of $9.2M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -31% from the quarter before.
Was Rekor Systems profitable in the first quarter 2025?
Operating loss was $10.1M (-110.2% of revenue) and net loss $10.9M.
Source: Rekor Systems 10-Q on SEC EDGAR.