Rekor Systems Inc Stock Price, News & Analysis

Rekor Systems (NASDAQ: REKR) won its largest statewide, multi-year contract with the Georgia Department of Transportation on Oct 7, 2025. The agreement is projected to generate over $50 million in revenue over its duration and can extend up to seven years, with cooperative purchasing across Georgia agencies potentially increasing the total value to more than $100 million. The contract deploys Rekor Discover® as a Data-as-a-Service platform to deliver FHWA-compliant traffic data, non-intrusive roadside installations, 24/7 remote monitoring, and AI analytics for vehicle classification, weigh-in-motion, incident detection, and safety insights. This award follows a June statewide TxDOT contract and aims to accelerate local adoption of Rekor technologies.

Rekor Systems (NASDAQ: REKR) is set to showcase its latest roadway intelligence technologies at the ITS World Congress 2025 in Atlanta. The company is launching Rekor TrafficSight, a cloud-native, AI-powered solution that processes traffic video data securely within the U.S., addressing national security concerns about foreign handling of roadway footage.

The company is also introducing its Data-as-a-Service (DaaS) offering for Rekor Discover®, a subscription-based model that provides FHWA-compliant traffic data without hardware investment requirements. Additionally, Rekor is debuting its Incident Detection API, recently selected by TxDOT for statewide deployment, and Rekor RoadView, a map-based situational awareness tool for local agencies.

Rekor Systems (NASDAQ: REKR) reported Q2 2025 financial results, demonstrating improved operational efficiency despite market challenges. The company achieved quarterly revenue of $12.4 million, nearly flat year-over-year, while reducing operating expenses by 17%. Notable highlights include a substantial $2 million reduction in Adjusted EBITDA loss for the six-month period.

Key operational achievements include securing a statewide blanket purchase order from Texas Department of Transportation (TxDOT) for Rekor Command®, a $1.4 million contract extension with CTRMA, and deployment of 150 Rekor Discover® systems in a major Sun Belt state under a $1.2M Data-as-a-Service agreement. The company has terminated its ATM Offering as part of strategic capital initiatives.

Rekor Systems (NASDAQ: REKR), a leader in roadway intelligence technology, has scheduled its Q2 2025 earnings release for Tuesday, August 12, 2025, after market close. The company will host an earnings conference call at 4:30 p.m. ET on the same day.

Interested participants can join the call by dialing 877-407-8037 (North America) or +1 201-689-8037 approximately 10 minutes before the start. A webcast will be available, and a replay will be accessible for two weeks following the call using 877-660-6853 / 201-612-7415 with Access ID 13753513.

Rekor Systems (NASDAQ: REKR) has secured a $1.4 million, 5-year contract extension with the Central Texas Regional Mobility Authority for its Rekor Command® platform. The system, initially deployed in 2021, has demonstrated significant improvements in traffic management across the Authority's 60-mile toll road network.

Key performance metrics include a 324% increase in incident detection, 11-minute faster average response time, and detection of 641 incidents monthly. The enhanced contract features Driver Connect for real-time communication and Traffic Impact for AI-powered predictive insights. The platform will support the region's infrastructure development, including over 35 major projects planned through 2032.

Rekor Systems (NASDAQ: REKR) has secured a $1.2 million one-year Data-as-a-Service contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover® systems. The AI-powered roadside sensors will be installed within 60 days, replacing outdated intrusive road sensors with FHWA-compliant technology. The Rekor Discover® platform provides detailed per-vehicle data while protecting privacy, eliminating the need for dangerous in-road sensors. The company has existing installations across multiple states including Arizona, Colorado, Georgia, New Mexico, New York, Florida, and South Carolina. The technology offers advantages over traditional methods like piezo sensors and rubber tubes, as it can be installed without road closures and operates effectively in locations previously deemed too hazardous or congested. With over 60 countries actively collecting traffic data, Rekor sees potential for global expansion of its non-intrusive AI-based solution.

Rekor Systems (NASDAQ: REKR) has secured a multi-year statewide contract with the Texas Department of Transportation (TxDOT) to implement its Rekor Command® platform across Texas's 80,000-mile highway network. The eight-figure blanket purchase order allows immediate adoption across all TxDOT districts. The platform's success in Austin District demonstrated significant improvements: 159% increase in incident detection, 8.4-minute reduction in detection time, 83% detection accuracy, 44-minute reduction in clearance time, and 29% fewer secondary crashes. The expanded contract includes new features like the Traffic Impact Module and Work Zone API, while continuing to power the Construction Partnership Program. The platform will integrate with TxDOT's CTX-GO mobile application, providing real-time data for travelers, contractors, and agencies.

Rekor Systems (NASDAQ: REKR) reported its Q1 2025 financial results, showing a 6% decrease in gross revenue to $9.2 million from $9.8 million in Q1 2024. Despite revenue decline, the company demonstrated improved operational efficiency by reducing its Adjusted EBITDA loss to $7.4 million from $9.4 million year-over-year. The company implemented a new General Manager structure to enhance accountability and customer focus. Loss from operations improved by 22% to $10.1 million from $12.9 million. The revenue decrease was attributed to adverse weather conditions and government sector uncertainty. Cost of revenue decreased by 10% to $4.8 million, while adjusted gross margin improved to 48.2% from 46.0%.

Rekor Systems (NASDAQ: REKR), a roadway intelligence technology leader, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 14, 2025, after market close. The company will host an earnings conference call at 4:30 p.m. Eastern Time on the same day.

Interested participants can join the call approximately 10 minutes before start time using the following dial-in numbers: North America: 877-407-8037 / +1 201-689-8037. A webcast will be available, and a replay will be accessible for two weeks following the call using replay numbers: 877-660-6853 / 201-612-7415 (Access ID: 13753513).