BK Technologies Reports Q3 2026 Revenue Growth Amid Production Disruptions
BK Technologies (BKTI) reported third-quarter revenue of $25.3 million, a 3.6% increase driven largely by federal orders, with the U.S. Forest Service accounting for over 60% of total revenue. GAAP net income rose 9% to $3.7 million, resulting in a GAAP EPS of $0.93 per diluted share. The company's gross margin stood at 50.7%, supported by strong adoption of the BKR 5000 and BKR 9000 series radios. Despite the growth, management issued a downward revision to full-year 2026 revenue guidance to $85 million. This adjustment follows production disruptions caused by a partial roof collapse at a facility on October 8, which impacted business systems and shipments of the BKR 9000 series. Looking ahead, the company is preparing for mass production of the BKR 9500 in March 2027 and has authorized an additional $10 million for share repurchases.
Tickers: $BKTI
Topics: eps federal contracts free cash flow revenue growth share buyback