Rekor Systems reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue increased 23% sequentially to $12.7 million and 2% year over year. Recurring revenue grew 14% year over year to $6.7 million. Adjusted gross margin expanded to 56%, up from 50% in the prior-year quarter. The company reported an adjusted EBITDA loss of $1.2 million, a 79% improvement year over year. Operating expenses decreased significantly due to a 20% headcount reduction and realigned engineering operations. A one-time gain of $2.8 million from lease liability remeasurement contributed to the quarter's results. The company ended the quarter with $10.0 million in cash and reaffirmed its outlook for adjusted EBITDA profitability in the second half of 2026. Rekor Systems builds trusted data, privacy, and security solutions for real-world video and sensor networks.

Rekor Systems, Inc. announced preliminary second-quarter 2026 financial results, expecting $12.6 million in revenue and an Adjusted EBITDA loss of approximately $1.3 million. The company expects to achieve Adjusted EBITDA profitability during the second half of 2026 following operational realignment and a 20% headcount reduction. Rekor Systems, Inc. provides AI-powered roadway intelligence and video authentication solutions for sensor networks.