BK Technologies Q1 revenue rises on strong order activity

BK Technologies

14/05/2026 12:19

Overview

US public safety radio maker's fiscal Q1 revenue rose 12% yr/yr

Adjusted EPS for fiscal Q1 increased to $0.88

Gross margin expanded to 51.8% on favorable product mix and BKR 9000 adoption

Outlook

BK Technologies reiterates 2026 revenue target of $90 mln

Company maintains 2026 gross margin target above 50%

BK Technologies expects 2026 GAAP EPS over $3.15 and non-GAAP adjusted EPS of $3.55 per share

Result Drivers

ORDER ACTIVITY - Co said revenue growth was driven by strong order activity from federal, state and local agencies

PRODUCT MIX - Gross margin expansion attributed to favorable product mix and continued customer adoption of the BKR 9000

PRODUCT DEVELOPMENT - Increased engineering costs tied to development of new products and solutions, including BKR9500 debut

Company press release: ID:nACScjpdKa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$21.29 mln
$21.30 mln (1 Analyst)
Q1 Adjusted diluted EPS
$0.88
Q1 EPS
$0.69
Q1 Adjusted Net Income
Beat
$3.50 mln
$3.12 mln (1 Analyst)
Q1 Net Income
$2.76 mln
Q1 Adjusted EBITDA
Miss
$4 mln
$4.56 mln (1 Analyst)
Q1 Gross Margin
51.80%
Q1 EBIT
$3.29 mln
Q1 Pretax Profit
$3.44 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for BK Technologies Corp is $97.00, about 11.1% above its May 13 closing price of $87.32

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)