Rekor Systems showed significant strides in securing major contracts and expanding their market presence, particularly with the Texas Department of Transportation. However, revenue stagnation and a decline in recurring revenue and gross margins present challenges. The company is optimistic about sequential growth in the latter half of the year, driven by a strong pipeline and operational efficiency. While there are notable achievements, the financial metrics suggest caution.

Company Guidance

During the Rekor Systems, Inc. conference call for the second quarter of fiscal year 2025, the company provided guidance on several key metrics and strategic initiatives. Rekor announced a major statewide blanket purchase order with the Texas Department of Transportation, which is expected to unfold over the coming quarters as the Rekor Command platform is adopted across TxDOT's 25 districts. The company highlighted a $1.4 million contract expansion with the Central Texas Regional Mobile Authority, which resulted in a 324% increase in incident detection and an 11-minute faster average response time. Additionally, Rekor secured a $1.2 million Data-as-a-Service contract for 150 Discover systems in a Sunbelt state, reflecting growing momentum for their solutions. Financially, total revenue for Q2 2025 was $12.4 million, consistent with the previous year, while recurring revenue totaled $5.9 million, representing 48% of total revenue. The company also achieved a 17% reduction in operating expenses year-over-year and an adjusted EBITDA loss of $5.8 million for the quarter. Rekor remains optimistic about the second half of 2025, focusing on revenue growth, extended SaaS offerings, and disciplined execution to move closer to breakeven adjusted EBITDA.

Major Contract with Texas Department of Transportation

Rekor Systems announced a major statewide blanket purchase order with the Texas Department of Transportation, marking a transformative moment for the company and setting a new standard for AI and data fusion in transportation.

Contract Expansion with Central Texas Regional Mobile Authority

The company secured a $1.4 million contract expansion over 5 years, demonstrating continued trust and investment in Rekor Command technology, leading to significant measurable results, including a 324% increase in incident detection.

Deployment of Rekor Discover in Sunbelt State

A major deployment as part of a new statewide initiative to modernize traffic operations, with 150 Discover systems installed under a $1.2 million Data-as-a-Service contract.

Operational Efficiency and Cost Reduction

Total operating expenses for Q2 declined 17% year-over-year, representing a $2.9 million reduction, reflecting disciplined cost containment across all major areas of the business.

Strong Pipeline and Sequential Growth Anticipated

The company anticipates sequential growth across Discover, Command, and Scout business lines in the second half of the year, confident in turning the corner with a strong pipeline.

Rekor Systems (REKR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

REKR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	-0.05 / -	-0.14	―	―	―
Aug 12, 2025	2025 (Q2)	-0.06 / -0.07	-0.12	41.67% (+0.05)	―
May 14, 2025	2025 (Q1)	- / -0.10	-0.23	56.52% (+0.13)	―
Mar 31, 2025	2024 (Q4)	-0.07 / -0.10	-0.23	56.52% (+0.13)	―
Nov 14, 2024	2024 (Q3)	-0.07 / -0.14	-0.16	12.50% (+0.02)	―
Aug 14, 2024	2024 (Q2)	-0.12 / -0.12	-0.18	33.33% (+0.06)	―
May 15, 2024	2024 (Q1)	-0.10 / -0.23	-0.23	0.00% (0.00)	―
Mar 25, 2024	2023 (Q4)	-0.10 / -0.15	-0.89	83.15% (+0.74)	―
Nov 14, 2023	2023 (Q3)	-0.14 / -0.16	-0.9	82.22% (+0.74)	―
Aug 15, 2023	2023 (Q2)	-0.18 / -0.18	-0.33	45.45% (+0.15)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REKR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 12, 2025	$1.11	$1.16	+4.50%
May 14, 2025	$1.02	$1.03	+0.98%
Mar 31, 2025	$0.89	$0.90	+1.12%
Nov 14, 2024	$1.08	$0.90	-16.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Rekor Systems Inc (REKR) report earnings?

Rekor Systems Inc (REKR) is schdueled to report earning on Nov 17, 2025, Before Open (Confirmed).

What is Rekor Systems Inc (REKR) earnings time?

Rekor Systems Inc (REKR) earnings time is at Nov 17, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REKR EPS forecast?

REKR EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing