BK Technologies Posts 11.8% Revenue Growth to $21.3M and $29M Cash Record
BK Technologies’ 1Q26 revenue rose 11.8% to $21.3 million, with gross margin up 483 basis points to 51.8% and adjusted EBITDA margin at 18.7%. Diluted EPS jumped to $0.69 (non-GAAP $0.88), and the company hit a record $29.0 million cash balance.
1. Q1 2026 Financial Performance
Revenue increased 11.8% year-over-year to $21.3 million in Q1 2026, gross margin expanded by 483 basis points to 51.8%, and adjusted EBITDA margin rose 180 basis points to 18.7%. Net income reached $2.8 million, with diluted EPS at $0.69 and non-GAAP adjusted EPS at $0.88.
2. Strong Balance Sheet
Cash and equivalents climbed to a record $29.0 million at quarter end, up from $22.8 million at December 31, 2025, contributing to $41.4 million in working capital. The company held no debt and repurchased approximately 3,000 shares, with $3.5 million still available under its buyback program.
3. Product Roadmap and Guidance
BK Technologies publicly debuted the BKR9500 multiband mobile radio and anticipates FCC approval in the second half of 2026, with shipments expected in early 2027. Full-year 2026 guidance was reiterated at $90 million in revenue, gross margin above 50%, GAAP EPS over $3.15, and non-GAAP adjusted EPS of $3.55.