Rekor Systems, Inc. (REKR) Revenue History
Annual and quarterly revenue from 2014 to 2024
Compound Annual Growth Rate (CAGR)
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REKR Revenue Growth
Revenue Breakdown (FY 2024)
REKR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
REKR Revenue Analysis (2014–2024)
As of May 8, 2026, Rekor Systems, Inc. (REKR) generated trailing twelve-month (TTM) revenue of $49.0 million, reflecting explosive growth of +34.6% year-over-year. The most recent quarter (Q3 2025) recorded $14.2 million in revenue, up 14.8% sequentially.
Looking at the longer-term picture, REKR's 5-year compound annual growth rate (CAGR) stands at +53.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $48.6 million in 2018.
Revenue diversification analysis shows REKR's business is primarily driven by Product and Service, Other (39%), Recurring Revenue (37%), and Public Safety (24%).
When compared to Technology sector peers including VRRM (+9.7% YoY), GRRR (+47.9% YoY), and AIOT (+66.3% YoY), REKR has underperformed the peer group in terms of revenue growth. Compare REKR vs VRRM →
REKR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| REKRCurrent | $49M | +34.6% | +53.1% | -118.0% | |
 VRRM | $979M | +9.7% | +20.0% | 24.4% | |
 GRRR | $75M | +47.9% | +13.7% | -89.6% | |
 AIOT | $363M | +66.3% | +34.6% | -7.1% | |
 VIAV | $1.1B | +30.6% | -0.9% | 6.5% | |
 ALLT | $102M | +10.6% | -5.6% | 3.5% |
REKR Historical Revenue Data (2014–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $46.0M | +31.8% | $22.7M | 49.3% | $-54,323,000 | -118.0% |
| 2023 | $34.9M | +75.4% | $18.4M | 52.8% | $-42,116,000 | -120.6% |
| 2022 | $19.9M | +72.1% | $9.0M | 45.3% | $-85,784,000 | -430.6% |
| 2021 | $11.6M | +25.4% | $7.0M | 60.7% | $-31,834,000 | -275.0% |
| 2020 | $9.2M | +68.8% | $5.7M | 61.9% | $-11,848,000 | -128.3% |
| 2019 | $5.5M | -88.7% | $3.8M | 69.8% | $-7,534,000 | -137.8% |
| 2018 | $48.6M | +119.4% | $13.8M | 28.4% | $-5,036,620 | -10.4% |
| 2017 | $22.1M | +82.5% | $8.3M | 37.7% | $-4,638,399 | -21.0% |
| 2016 | $12.1M | +25.5% | $5.2M | 42.6% | $-93,876 | -0.8% |
| 2015 | $9.7M | -16.1% | $4.2M | 43.1% | $369K | 3.8% |
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Start ComparisonREKR — Frequently Asked Questions
Quick answers to the most common questions about buying REKR stock.
Is REKR's revenue growth accelerating or slowing?
REKR revenue is accelerating at +34.6% year-over-year, exceeding the 5-year CAGR of +53.1%. TTM revenue reached $49M. Growth momentum has increased versus prior periods.
What is REKR's long-term revenue growth rate?
Rekor Systems, Inc.'s 5-year revenue CAGR of +53.1% reflects the sustained expansion pattern. Current YoY growth of +34.6% is above this long-term average.
How is REKR's revenue distributed by segment?
REKR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2024 are available for download. Segment mix reveals concentration and diversification trends.