Rekor Systems Inc. has released its financial results for the second quarter of 2025. The company reported a quarterly gross revenue of $12.4 million, indicating a rebound from the prior quarter and resulting in revenue being nearly flat year-over-year. The company substantially narrowed its Adjusted EBITDA loss by $2 million for the six-month period ending June 30, 2025. Operating expenses were reduced by 17% quarter over quarter and year over year, reflecting strong cost discipline. The net loss for the three months ended June 30, 2025, was $8.7 million, compared to a net loss of $9.8 million for the same period in 2024. For the six-month period ending June 30, 2025, the net loss was $19.5 million, compared to $28.4 million for the same period in 2024. The company's ATM Offering has been terminated as part of strategic capital initiatives. Rekor has implemented a General Manager structure to bring clear accountability and customer focus, with each business unit operating under dedicated leadership with full P&L responsibility. This restructuring aims to drive innovation more quickly, scale operations more effectively, and deliver greater value across both domestic and international markets.
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