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BIO-key International, Inc. — Q3 2026 Earnings Summary

BIO-key International reported a 39% year-over-year increase in Q3 2026 software license fee revenue to $1.3 million, marking its third consecutive quarter of double-digit growth driven by momentum in the Middle East and Europe. The company's total revenue for the quarter was $1.48 million, while its gross margin improved to 90% and net loss narrowed to $886,000 compared to the prior year period. During the quarter, BIO-key retired its remaining note payable, leaving the company effectively debt-free, and working capital increased to $3.1 million. Looking ahead, the company anticipates a strong finish to 2026 and a robust start to 2027 supported by new government contracts and expanding deployments.

Company
BIO KEY INTERNATIONAL INC
Sector
Industrials
Industry
Security & Protection Services