Filing Flows › Rekor Systems (REKR) › Q1 2026
Rekor Systems (REKR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Rekor Systems (REKR) reported revenue of $10.3M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before. Operating margin was -85.9%, net loss $9.4M (91.2% of revenue).
Rekor Systems, Q1 2026: revenue $10.3M (+12% year over year), operating margin -85.9%, net loss $9.4M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.3M | -19% | +12% |
| Operating profit | −$8.8M | — | — |
| Net earnings | −$9.4M | — | — |
| Operating cash flow | −$3.7M | -1883% | — |
What changed
Revenue was $10.3M in Q1 2026, up 12% year over year and down 19% from the previous quarter. Urban Mobility was the largest line at 61% of revenue. Urban Mobility added $682K year over year (up 12%), 64% of the total change.
Operating costs exceeded revenue by $8.8M, an operating margin of -85.9%. Total costs fell 1% while revenue rose 12%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $9.4M, wider than the previous quarter's $7.8M loss.
Operating cash flow was −$3.7M. Non-cash charges added back $1.5M of depreciation and amortization and $922K of share-based compensation. Working capital and other items added $3.2M. Capital expenditures of $393K exceeded it, leaving free cash flow of −$4.1M.
Questions
What was Rekor Systems' revenue in the first quarter 2026?
Rekor Systems (REKR) reported revenue of $10.3M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before.
Was Rekor Systems profitable in the first quarter 2026?
Operating loss was $8.8M (-85.9% of revenue) and net loss $9.4M.
Source: Rekor Systems 10-Q on SEC EDGAR.