Quarterly ResultMay 14, 2026, 07:07 AM
BK Technologies Q1 Revenue $21.3M (+12%); EPS $0.69
AI Summary
BK Technologies Corporation announced strong financial and operating results for the first quarter ended March 31, 2026, with revenue increasing 12% to $21.3 million and diluted EPS rising to $0.69. The company achieved a record cash balance of $29.0 million and expanded gross margins to 51.8%. Additionally, BK Technologies publicly debuted its new BKR9500 Multiband Mobile radio and reiterated its full-year 2026 financial targets.
Key Highlights
- Revenue increased 12% to $21.3 million in Q1 2026.
- Gross margin expanded by 483 basis points to 51.8%.
- Diluted EPS rose to $0.69 from $0.55 in Q1 2025.
- Adjusted diluted EPS increased to $0.88 from $0.62 in Q1 2025.
- Achieved a record cash balance of $29.0 million at March 31, 2026.
- Repurchased approximately 3,000 shares, with $3.5 million remaining under authorization.
- Reiterated full-year 2026 revenue target of $90 million.
- Reiterated full-year 2026 GAAP EPS target of over $3.15 per diluted share.