Friday 6 November 2026
Export BKTI’s income statement to Excel — free account
BK TECHNOLOGIES, INC.
BKTI Technology Communication Equipment
BK TECHNOLOGIES, INC.’s revenue for fiscal 2025 (year ended December 2025) was $86.1 million, up 12.5% from fiscal 2024.
- Revenue
- +10.6%
- EPS
- −18.5%
- Free cash flow
- −86.0%
Quarter to June 2026, against a year earlier
66.20
1.88
+2.92%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 51 | 39 | 49 | 40 | 44 | 45 | 51 | 74 | 77 | 86 | 91 | +6.1% | 90 | 104 | — | +9.6% | |
| Gross margin, % | 33.69 | 24.24 | 40.46 | 39.03 | 40.85 | 35.85 | 19.32 | 30.01 | 37.93 | 48.79 | 50.99 | +15.1 pt | ||||||
| EBT | 4 | (5) | 0 | (4) | 0 | (2) | (12) | (2) | 7 | 16 | 17 | +15.9% | ||||||
| EBT margin, % | 8.43 | (12.15) | (0.96) | (9.03) | 0.45 | (3.34) | (22.83) | (2.94) | 9.63 | 18.71 | 18.48 | +10.3 pt | ||||||
| Net income | 3 | (4) | 0 | (3) | 0 | (2) | (12) | (2) | 8 | 14 | 14 | +19.7% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 18.45 | 14.46 | 18.34 | 15.78 | 17.58 | 15.18 | 15.07 | 21.62 | 21.56 | 23.46 | 24.16 | +2.7% | |||||
| Earnings | 1.00 | (1.31) | (0.07) | (1.05) | 0.08 | (0.55) | (3.45) | (0.65) | 2.35 | 3.69 | 3.63 | +15.6% | ||||||
| Cash flow | 3.90 | (0.84) | 1.96 | (0.98) | 1.77 | (2.11) | (2.66) | 0.48 | 3.59 | 5.29 | 5.57 | +3.4% | ||||||
| Capex | (0.51) | (0.23) | (0.52) | (0.97) | (0.38) | (0.78) | (0.52) | (0.62) | (0.72) | (0.85) | (0.64) | +5.9% | ||||||
| Free cash flow | 3.40 | (1.07) | 1.45 | (1.94) | 1.39 | (2.89) | (3.18) | (0.13) | 2.87 | 4.44 | 4.93 | +3.0% | ||||||
| Book value | 13.02 | 11.75 | 10.29 | 9.16 | 9.41 | 10.92 | 5.95 | 6.22 | 8.40 | 12.17 | 13.85 | (0.7%) | ||||||
| Shares, m | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | +3.3% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 24.66 | 0.00 | 0.00 | 0.00 | 151.50 | 0.00 | 0.00 | 0.00 | 14.53 | 20.27 | 17.71 | 21.1 | |||||
| P/S | 1.31 | 1.19 | 1.02 | 0.98 | 0.86 | 0.79 | 1.10 | 0.57 | 1.59 | 3.18 | 2.66 | 1.3 | ||||||
| P/B | 1.86 | 1.47 | 1.82 | 1.69 | 1.61 | 1.10 | 2.78 | 2.00 | 4.08 | 6.13 | 4.64 | 2.5 | ||||||
| EV/Sales | 1.10 | 0.78 | 0.79 | 0.88 | 0.73 | 0.61 | 1.18 | 0.63 | 1.56 | 2.97 | 2.38 | 1.1 | ||||||
| EV/FCF | 5.97 | (10.53) | 10.08 | (7.18) | 9.17 | (2.70) | (5.60) | (101.47) | 11.67 | 15.67 | 11.65 | (7.5) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 11 | (2) | 5 | (2) | 4 | (6) | (9) | 2 | 13 | 19 | 21 | +6.8% | |||||
| Capex | (1) | (1) | (1) | (2) | (1) | (2) | (2) | (2) | (3) | (3) | (2) | +9.4% | ||||||
| Free cash flow | 9 | (3) | 4 | (5) | 3 | (9) | (11) | 0 | 10 | 16 | 19 | +6.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 23 | 27 | 21 | 15 | 16 | 25 | 13 | 17 | 23 | 37 | 46 | +5.3% | |||||
| Net debt | (11) | (16) | (11) | (4) | (6) | (9) | 4 | 4 | (6) | (23) | (30) | +8.5% | ||||||
| Shareholders’ equity | 36 | 32 | 28 | 23 | 24 | 33 | 20 | 21 | 30 | 45 | 52 | +2.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 6.56 | (8.50) | (0.48) | (6.84) | 0.51 | (3.82) | (23.45) | (4.54) | 16.57 | 23.49 | 20.27 | +16.9 pt | |||||
| ROIC | 10.77 | (20.04) | 9.22 | (14.15) | 3.52 | (3.10) | (28.38) | (1.90) | 20.85 | 45.60 | 45.93 | +34.8 pt | ||||||
| ROE | 7.62 | (10.70) | (0.65) | (10.34) | 0.83 | (6.05) | (44.10) | (10.76) | 32.69 | 36.32 | 30.64 | +28.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 107 | 119 | 119 | 111 | 95 | 113 | 148 | 145 | 113 | 120 | — | +1.3% | |||||
| Revenue/emp, $m | 0.47 | 0.33 | 0.41 | 0.36 | 0.46 | 0.40 | 0.34 | 0.51 | 0.68 | 0.72 | — | +4.7% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
BK TECHNOLOGIES, INC. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GILT Gilat Satellite Networks Ltd. | $514.6M | 14.6× | 21.6× | +16.86% (above 0%: growing) | −35.29% (below 0%: shrinking) | −250.32% (below 0%: shrinking) | 30.37% | 3.83% | Compare |
| CLFD Clearfield, Inc. | $390.1M | — (loss-making) | 153× | +13.18% (above 0%: growing) | +100.00% (above 0%: growing) | −6.00% (below 0%: shrinking) | 31.79% | 5.86% | Compare |
| ADTN ADTRAN Holdings, Inc. | $336.5M | — (loss-making) | — (loss-making) | +0.62% (above 0%: growing) | n/m | −713.59% (below 0%: shrinking) | 38.49% | (0.27%) | Compare |
| BKTI BK TECHNOLOGIES, INC. | $242.5M | 17.7× | 22.7× | +10.63% (above 0%: growing) | −18.45% (below 0%: shrinking) | −85.95% (below 0%: shrinking) | 51.86% | 16.35% | |
| LTRX Lantronix, Inc. | $234.4M | — (loss-making) | 68.7× | +8.03% (above 0%: growing) | n/m | +89.00% (above 0%: growing) | 43.67% | (1.26%) | Compare |
| AVNW Aviat Networks, Inc. | $218.2M | 89.4× | 12.8× | +4.81% (above 0%: growing) | n/m | −56.30% (below 0%: shrinking) | 30.81% | 4.82% | Compare |
| CRNT Ceragon Networks Ltd. | $191.8M | — (loss-making) | 68.7× | +14.16% (above 0%: growing) | n/m | −65.76% (below 0%: shrinking) | 31.65% | 0.25% | Compare |
| AUDC AudioCodes Ltd. | $186.7M | 29.2× | 39.8× | +3.08% (above 0%: growing) | +100.00% (above 0%: growing) | −15.07% (below 0%: shrinking) | 65.70% | 5.08% | Compare |
| SILC Silicom Ltd | $151.7M | — (loss-making) | — (loss-making) | +71.13% (above 0%: growing) | n/m | −29.51% (below 0%: shrinking) | 30.02% | (3.17%) | Compare |
| Median of peers | $226.3M | 29.2× | 54.3× | +10.61% | +100.00% | −42.90% | 31.72% | 2.04% |
Pay and ownership Proxy statement filed 23 April 2026
Ownership
Directors and executive officers, together
13.50%
Mikhail Stiskin and affiliates
8.40%
AIGH Capital Management, LLC
5.60%
The Vanguard Group
5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement