REKR on Nasdaq

Rekor Systems, Inc.

Rekor is a roadway intelligence Company, working to modernize public safety, urban mobility, and transportation management through the development of cutting-edge solutions.4 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerREKR on Nasdaq2
  • IndustryCommunications Equipment, NEC2
  • HeadquartersColumbia, United States2
  • Incorporated inDE3
  • Business address7172 Columbia Gateway Drive, Suite 400, Columbia, Md 210463
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300BHH76SEFU1DD952
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O LEGALINC CORPORATE SERVICES INC., 19713 Newark, United States2
  • Registered withDivision of Corporations, Department of State, 63078802

Rekor is a roadway intelligence Company, working to modernize public safety, urban mobility, and transportation management through the development of cutting-edge solutions. By collaborating closely with public and private sector customers, we deliver mission-critical services and solutions that enable them to achieve their objectives effectively, while simultaneously building a new digital infrastructure operating system for roadways.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-59.6%Operating margin5
-64.9%Net margin5
5.3%Revenue growth, 20255
-73.4%Return on equity5
0.35×Debt to equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Urban Mobility brought in 30% of the revenue Rekor Systems, Inc. broke down this way in fiscal 2025.

  1. Urban Mobility$29.3M530%up 2% from 2024
  2. Product and Service, Other$24.6M525%up 5% from 2024
  3. Recurring Revenue$23.9M525%up 6% from 2024
  4. Public Safety$17.4M518%up 18% from 2024
  5. Traffic Management$1.7M52%down 31% from 2024
Products and services by year
Products and services20242025
Urban Mobility$28.7M$29.3M
Product and Service, Other$23.4M$24.6M
Recurring Revenue$22.6M$23.9M
Public Safety$14.8M$17.4M
Traffic Management$2.5M$1.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development30¢$14.6M
  • Other costs65¢$31.5M
  • Interest5¢$2.3M
  • Income tax0¢$42.0K

Out of $48.5M in revenue.5 The company lost money this year.

Financial statements

Revenue67895$48.5M in 2025+786% since 2019
0$20.0M$40.0M$60.0M2019: $5.5M$5.5M20192020: $9.2M$9.2M2020+69%2021: $11.6M$11.6M2021+25%2022: $19.9M$19.9M2022+72%2023: $34.9M$34.9M2023+75%2024: $46.0M$46.0M2024+32%2025: $48.5M$48.5M2025+5%
Gross profit6$5.7M in 2020+49% since 2019
0$2.0M$4.0M$6.0M2019: $3.8M$3.8M20192020: $5.7M$5.7M2020+49%
Operating income6107895-$28.9M in 2025+283% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$7.5M-$7.5M20192020: -$11.8M-$11.8M2020+57%2021: -$31.8M-$31.8M2021+169%2022: -$85.8M-$85.8M2022+169%2023: -$42.1M-$42.1M2023−51%2024: -$54.3M-$54.3M2024+29%2025: -$28.9M-$28.9M2025−47%
Net income6107895-$31.5M in 2025+98% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$15.9M-$15.9M20192020: -$14.2M-$14.2M2020−11%2021: -$26.8M-$26.8M2021+89%2022: -$83.1M-$83.1M2022+210%2023: -$45.7M-$45.7M2023−45%2024: -$61.4M-$61.4M2024+34%2025: -$31.5M-$31.5M2025−49%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Revenue$48.5M$46.0M
Cost of revenue, excluding depreciation and amortization$21.4M$23.3M
General and administrative expenses$25.2M$30.7M
Selling and marketing expenses$6.2M$7.9M
Research and development expenses$14.6M$18.8M
Asset Impairment Charges$3.8M$10.2M
Depreciation and amortization$6.3M$9.5M
Total operating expenses$56.0M$77.0M
Loss from operations-$28.9M-$54.3M
Interest expense, net-$2.3M-$2.6M
(Loss) gain on remeasurement of ATD Holdback Shares-$120.0K$599.0K
Loss on offering costs - Prepaid Advance$0-$888.0K
Gain on the sale of Global Public Safety$0$1.5M
Other expense, net-$115.0K-$15.0K
Total other expense, net-$2.5M-$7.0M
Loss before income taxes-$31.4M-$61.4M
Provision for income taxes$42.0K$45.0K
Net loss-$31.5M-$61.4M
Loss per common share - basic and diluted (in dollars per share)-$0.26-$0.71
Basic and diluted (in shares)119.7M shares86.7M shares

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Leadership

Who has led Rekor Systems, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (18)

Former names

  • Novume Solutions, Inc.Feb 10, 2017 to Apr 18, 20193

Timeline

  1. May 20, 2024New chief executive David Philip Desharnais becomes CEO13
  2. Aug 20, 2021New chief executive Noam Shai Maital becomes CEO14
  3. Feb 6, 2017Founded Rekor Systems, Inc. is founded2

Filings

291 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 80 major events, 121 insider forms, 20 large holders, 50 other. The latest 20:

  1. Oct 6, 2026DEFA14A EDGAR
  2. Oct 6, 20268-K EDGAR
  3. Sep 14, 20268-K EDGAR
  4. Sep 9, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  5. Aug 28, 2026DEFA14A EDGAR
  6. Aug 13, 202610-Q EDGAR
  7. Aug 13, 20268-K EDGAR
  8. Jul 30, 2026SCHEDULE 13G EDGAR
  9. Jul 29, 2026SCHEDULE 13G/A EDGAR
  10. Jul 15, 20268-K EDGAR
  11. May 29, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. May 15, 20268-K EDGAR
  13. May 15, 2026SCHEDULE 13G/A EDGAR
  14. May 15, 2026SCHEDULE 13G/A EDGAR
  15. May 14, 2026SCHEDULE 13G EDGAR
  16. May 13, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  17. May 11, 202610-Q EDGAR
  18. May 11, 20268-K EDGAR
  19. May 1, 20268-K EDGAR
  20. Apr 28, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR

The 291 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 20 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 19, 2024DESHARNAIS DAVID PHILIPBuy7,500$1.33$10.0KForm 4
Jul 5, 2024Arctis Global LLC10% ownerBuy2,275,000$1.40$3.2MForm 4
Jun 17, 2024DESHARNAIS DAVID PHILIPBuy5,000$1.46$7.3KForm 4
May 21, 2024BERMAN ROBERT ALANCEO and Executive ChairmanBuy10,000$1.56$15.6KForm 4
May 20, 2024BERMAN ROBERT ALANCEO and Executive ChairmanBuy20,000$1.65$33.0KForm 4
May 20, 2024DESHARNAIS DAVID PHILIPBuy5,000$1.57$7.8KForm 4
May 17, 2024BERMAN ROBERT ALANCEO and Executive ChairmanBuy100,000$1.34$134.0KForm 4
May 17, 2024DESHARNAIS DAVID PHILIPBuy5,000$1.37$6.8KForm 4
May 17, 2024HANLON DAVID PATRICKDirectorBuy5,000$1.35$6.8KForm 4
Aug 25, 2023BERMAN ROBERT ALANCEO and Executive ChairmanBuy10,000$3.45$34.5KForm 4
Aug 18, 2023Arctis Global LLC10% ownerBuy100,000$3.11$311.0KForm 4
Aug 18, 2023BERMAN ROBERT ALANCEO and Executive ChairmanBuy25,000$3.14$78.5KForm 4
Aug 17, 2023Arctis Global LLC10% ownerBuy150,000$2.96$444.0KForm 4
Aug 16, 2023Arctis Global LLC10% ownerBuy150,000$2.68$402.0KForm 4
Jun 23, 2023Arctis Global LLC10% ownerBuy1,918,000$1.31$2.5MForm 4
Jun 16, 2022Arctis Global LLC10% ownerBuy243,902$2.15$524.4KForm 4
Dec 13, 2021Hen EyalBuy1,000$6.20$6.2KForm 4
Nov 17, 2021Hen EyalBuy2,000$6.44$12.9KForm 4
Nov 17, 2021Goord Glenn SDirectorBuy10,000$7.03$70.3KForm 4
Nov 17, 2021BERMAN ROBERT ALANCEO and Executive ChairmanBuy75,000$7.13$534.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 79. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC5,491,078$3.8M0.0%−5,518
UBS Group AG2,798,260$1.9M0.0%+236,233
Prescott Group Capital Management, L.L.C.2,510,445$1.7M0.2%No change
BlackRock, Inc.1,723,779$1.2M0.0%−358,946
Mercer Global Advisors Inc /adv1,700,700$1.2M0.0%No change
Geode Capital Management, LLC1,658,523$1.2M0.0%+345,641
Jane Street Group, LLC1,529,164$1.1M0.0%+1,417,126
Vanguard Fiduciary Trust Co815,934$567.1K0.0%−66,586
State Street Corp597,743$415.4K0.0%−3,205,985
Goldman Sachs Group Inc591,045$410.7K0.0%+92,966
Qube Research & Technologies Ltd452,536$314.5K0.0%−765,600
Northern Trust Corp321,024$223.1K0.0%−215,870
Susquehanna International Group, Llp215,159$149.5K0.0%−43,544
Curated Wealth Partners LLC200,000$139.0K0.0%No change
Stifel Financial Corp119,041$82.7K0.0%No change
Millennium Management LLC114,176$79.3K0.0%New
IMC-Chicago, LLC101,393$70.5K0.0%+2,100
Sanctuary Advisors, LLC85,740$59.6K0.0%+647
Fmr LLC59,542$41.4K0.0%+24,704
Vanguard Global Advisers, LLC55,702$38.7K0.0%No change
HighTower Advisors, LLC54,903$38.2K0.0%No change
Regions Financial Corp50,000$34.7K0.0%No change
Osaic Holdings, Inc.49,701$34.3K0.0%+18,245
IHT Wealth Management, LLC49,345$34.3K0.0%No change
Point72 Asset Management, L.P.46,093$32.0K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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