BK Technologies Reports Revenue Growth and Increased Profitability in Q2 2025

BK Technologies Corporation reported its financial results for the second quarter and first half of 2025, showing a notable increase in both revenue and profitability compared to the same periods in 2024. For the three months ended June 30, 2025, the company generated net sales of approximately $21.2 million, a 4.5% increase from $20.3 million in the prior year. The six-month sales figures also reflected growth, totaling approximately $40.2 million, up from $38.5 million. The gross profit margin for the second quarter improved significantly to 47.4%, compared to 37.3% in the same quarter of 2024, primarily due to a favorable sales mix and cost reductions.

The company's operating income for the second quarter was approximately $4.0 million, more than double the $2.0 million reported in the same quarter last year. This increase in operating income was attributed to higher gross profit margins and improved product sales. Net income for the quarter reached approximately $3.7 million, or $1.03 per basic share, compared to $1.7 million, or $0.47 per share, in the prior year. The increase in profitability was driven by a combination of improved sales of the BKR series radio products and lower raw material costs.

In terms of operational developments, BK Technologies has been focusing on expanding its Solutions business unit, which aims to enhance public safety communications through innovative applications. The company has introduced new products, including the BKR 9000 multi-band portable radio, which began shipping in the second quarter of 2023. As of June 30, 2025, the company reported a backlog of unshipped orders totaling approximately $16.0 million, down from $21.8 million at the end of 2024, primarily due to the timing of federal government contract releases.

The company’s financial position has also strengthened, with total current assets increasing to approximately $44.8 million as of June 30, 2025, compared to $36.9 million at the end of 2024. Cash and cash equivalents rose to $11.9 million, up from $7.1 million. However, total liabilities also increased to $23.7 million from $21.7 million, reflecting higher accounts payable and accrued expenses. BK Technologies has not utilized its revolving credit facility with Fifth Third Bank, which provides a maximum commitment of $6 million, indicating a stable liquidity position.

Looking ahead, BK Technologies anticipates continued demand for its products, although it acknowledges potential challenges from delays in federal government contracts and ongoing geopolitical tensions that could impact market conditions. The company remains focused on leveraging its product innovations and expanding its market presence, particularly in the public safety sector, to drive future growth.