BK Technologies Q4 revenue rises on strong agency orders

BK Technologies

12/03/2026 11:12

Overview

US public safety radio maker's Q4 revenue rose 20% yr/yr, driven by strong agency orders

Q4 adjusted EPS nearly doubled yr/yr as gross margin expanded to 50.4%

Company repurchased 19,000 shares in Q4; ended year with record $22.8 mln cash, debt-free

Outlook

BK Technologies targets 2026 revenue of $90 mln and gross margin above 50%

Company expects 2026 GAAP EPS of over $3.15 and non-GAAP adjusted EPS of $3.55

BK Technologies expects 2026 tax rate to normalize at 25%, up from 15.7% in 2025

Result Drivers

AGENCY ORDERS - Q4 revenue growth driven by strong order activity from state and local agencies and increased purchases of BKR 5000 and 9000 radios

PRODUCT MIX - Gross margin expansion to 50.4% primarily due to continued customer adoption of the BKR 9000 and favorable product mix

COST MANAGEMENT - Operating margin increased to 19.7% from 12.3% in the year ago quarter, driven by diligent cost management

Company press release: ID:nACSB3bxra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$21.51 mln
$19.50 mln (1 Analyst)
Q4 EPS
$1.05
Q4 Adjusted Net Income
Beat
$4.70 mln
$2.78 mln (1 Analyst)
Q4 Net Income
$4.23 mln
Q4 Adjusted EBITDA
Beat
$4.70 mln
$3.20 mln (1 Analyst)
Q4 Gross Margin
50.40%
Q4 EBIT
$4.23 mln
Q4 Pretax Profit
$4.41 mln


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 15.1% above its March 11 closing price of $84.30

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 15 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.)