newsfilter
← Latest News
ACCESS Newswire·

BK Technologies Reports First Quarter of Fiscal Year 2026 Results; Record Cash Balance Achieved

BKTI
  • 1Q26 revenue increased 12% to $21.3 million compared to $19.1 million in 1Q25.
  • 1Q26 gross margin expanded 483 basis points to 51.8% from 47.0% in the prior year period.
  • Adjusted EBITDA margin rose 180 basis points to 18.7% while adjusted EBITDA reached $4.0 million.
  • Diluted EPS was $0.69 in 1Q26 versus $0.55 in 1Q25; non-GAAP adjusted diluted EPS was $0.88 versus $0.62.
  • Cash balance grew to a record $29.0 million at March 31, 2026, up from $22.8 million at December 31, 2025.
  • The company repurchased approximately 3,000 shares during the quarter with $3.5 million remaining under its authorization.
  • The BKR9500 multiband mobile radio debuted publicly with FCC approval expected in H2 2026 and shipments targeted for H1 2027.
  • Full year 2026 outlook remains at $90 million revenue, gross margin over 50%, GAAP EPS over $3.15, and non-GAAP adjusted EPS of $3.55.
  • SG&A expenses increased to $7.7 million due to engineering costs previously capitalized that are now expensed.
  • BK Technologies ended the quarter with no debt.