BK Technologies Corp BKTI

Technology SIC 3663 - Radio & Tv Broadcasting & Communications Equipment NAICS Manufacturing › Computer and Electronic Product Manufacturing › Communications Equipment Manufacturing › Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing derived NYSE

BK Technologies Corporation (NYSE American: BKTI) (together with its wholly owned subsidiaries, "BK," the "Company," "we" or "us") is a holding company that, through BK Technologies, Inc., its operating subsidiary, provides public safety grade communications products and services designed to make first responders safer and more efficient. All operating activities described herein are undertaken by our operating subsidiary.

In business for over 70 years, BK operates two key product group offerings: Radio and Solutions.

The Radio product group designs, manufactures and markets wireless communications products and related accessories consisting of two-way land mobile radios ("LMRs"). Two-way LMRs can be radios that are hand-held (portable) or installed in vehicles (mobile).

Last close 66.54 2026-10-23
Market cap $250.8M 2026-06-30 share count
52-week range 60.00 - 104.55

Valuation FY2025 figures against the last close

P/S2.9x
P/E19.3x
P/FCF13.6x
EV/EBITDA14.1x
Dividend yield—
Diluted EPS3.44

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $86.1M$76.6M$74.1M$51.0M$45.4M$44.1M$40.1M$49.4M$39.4M$50.7M
Cost of revenue $44.1M$47.5M$51.9M$41.1M$29.1M$26.1M$24.4M$29.4M$29.8M$180.0K
Gross profit $42.0M$29.1M$22.2M$9.8M$16.3M$18.0M$15.7M$20.0M$9.6M$50.5M
R&D $10.6M$7.8M$9.3M$9.6M—$7.9M$9.8M$7.8M$5.0M$4.1M
SG&A $26.0M$21.2M$23.0M$20.9M$17.5M$17.0M$20.0M$17.6M$14.6M$12.8M
Total operating expenses —$68.8M$74.9M$62.0M$46.6M$43.1M$44.5M$47.0M$44.4M$46.4M
Operating income $16.0M$7.8M-$777.0K-$11.1M-$1.2M$994.0K-$4.4M$2.4M-$5.0M$4.3M
Interest expense $265.0K$266.0K$575.0K$144.0K$53.0K$8.0K————
Pre-tax income $16.1M$7.4M-$2.2M-$11.6M-$1.5M$197.0K-$3.6M-$472.0K-$4.8M$4.3M
Income tax $2.6M$984.0K$54.0K$0$187.0K$3.0K$987.0K$277.0K$1.8M$1.6M
Net income $13.5M$8.4M-$2.2M-$11.6M-$1.7M$194.0K-$2.6M-$195.0K-$3.6M$2.7M
EPS, basic 3.692.35-0.65—-0.110.02-0.21-0.01-0.270.20
EPS, diluted 3.442.25-0.65—-0.110.02-0.21-0.01-0.270.19
Shares, diluted (wtd. avg.) 3.9M3.7M3.4M16,91114,94112.6M12,70513,46413,62513,823

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $22.8M$7.1M$3.5M$1.9M$10.6M$6.8M$4.7M$11.3M$7.1M$10.9M
Receivables $7.2M$7.3M$7.9M$10.6M$8.2M$6.5M$4.0M$5.7M$5.5M$3.4M
Inventory $15.9M$17.6M$24.0M$22.1M$17.0M$10.5M$13.5M$11.5M$14.4M$14.0M
Total current assets $49.0M$36.9M$37.2M$36.2M$37.4M$25.7M$23.9M$30.9M$37.0M$29.8M
Property, plant and equipment $4.2M$4.9M$5.4M$4.9M$4.6M$3.6M$4.0M$2.7M$2.2M$2.5M
Total assets $63.8M$51.5M$49.4M$48.8M$50.4M$38.6M$37.9M$39.2M$42.8M$42.5M
Accounts payable $4.8M$6.3M$9.8M$12.9M$5.9M$5.1M$5.3M$5.6M$6.0M$2.0M
Total current liabilities $11.6M$14.0M$20.4M$23.0M$12.2M$9.5M$9.4M$9.9M$10.3M$6.4M
Total liabilities $19.1M$21.7M$28.1M$28.7M$17.8M$15.0M$14.7M$11.5M$10.8M$6.8M
Retained earnings -$2.3M-$15.8M-$24.2M-$22.0M-$8.8M-$5.7M-$1.2M-$2.4M-$5.5M$240.0K
Total equity $44.7M$29.8M$21.3M$20.1M$32.6M$23.6M$23.3M$27.7M$32.0M$35.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $19.4M$12.8M$1.7M-$9.0M-$6.3M$4.4M-$2.5M$5.3M-$2.3M$10.7M
Depreciation and amortisation $1.8M$1.7M$1.6M$1.4M$1.4M$1.3M$1.2M$868.0K$808.0K$748.0K
Stock-based compensation ——$200.0K$271.0K$253.0K$129$148.0K$95.0K$55.0K$49.0K
Capital expenditure $1.0M$1.2M$2.1M$1.8M$2.4M$946.0K$2.5M$1.4M$628.0K$1.4M
Investing cash flow -$3.1M-$2.6M-$2.1M-$1.8M-$2.3M-$946.0K-$2.5M$3.2M$2.0M-$1.9M
Financing cash flow -$595.0K-$6.6M$2.0M$2.1M$12.4M-$1.3M-$1.7M-$4.4M-$3.5M-$2.6M
Dividends paid ——$0$2.0M$1.2M—————
Buybacks $1.2M$0$650.0K—$0$269.0K$1.0M$3.3M$648.0K$162.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016248.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -25M 0 25M 50M 75M 100M Revenue, FY2016: 50.7M Gross profit, FY2016: 50.5M Net income, FY2016: 2.7M Revenue, FY2017: 39.4M Gross profit, FY2017: 9.6M Net income, FY2017: -3.6M Revenue, FY2018: 49.4M Gross profit, FY2018: 20M Net income, FY2018: -195K Revenue, FY2019: 40.1M Gross profit, FY2019: 15.7M Net income, FY2019: -2.6M Revenue, FY2020: 44.1M Gross profit, FY2020: 18M Net income, FY2020: 194K Revenue, FY2021: 45.4M Gross profit, FY2021: 16.3M Net income, FY2021: -1.7M Revenue, FY2022: 51M Gross profit, FY2022: 9.8M Net income, FY2022: -11.6M Revenue, FY2023: 74.1M Gross profit, FY2023: 22.2M Net income, FY2023: -2.2M Revenue, FY2024: 76.6M Gross profit, FY2024: 29.1M Net income, FY2024: 8.4M Revenue, FY2025: 86.1M Gross profit, FY2025: 42M Net income, FY2025: 13.5M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $50.7M $39.4M $49.4M $40.1M $44.1M $45.4M $51.0M $74.1M $76.6M $86.1M
Gross profit $50.5M $9.6M $20.0M $15.7M $18.0M $16.3M $9.8M $22.2M $29.1M $42.0M
Net income $2.7M -$3.6M -$195.0K -$2.6M $194.0K -$1.7M -$11.6M -$2.2M $8.4M $13.5M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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