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%
Market cap
$242.5M
P/E
17.7×
Fwd P/E
22.7×
Dividend yield
—
F-score
7/9
Altman Z
11.45
Beneish M
−2.98
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.25
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 24.55%

Capital & Financial Ratios $m

Size
Market Cap 242.45
Revenue ttm 90.63
Net income ttm 13.59
Free cash flow ttm 18.51
Net debt Q (29.92)
Valuation
P/E 17.71
Forward P/E 22.70
Price / sales 2.66
Forward P/S Powerpack
Price / FCF 13.03
Price / book 4.64
Financial health
Current ratio Q 4.20 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (16.14)
Growth
Revenue growth Q +10.63% (above 0%: growing)
Operating income growth Q −4.20% (below 0%: shrinking)
EPS, this year −16.90% (below 0%: weak)
EPS, next year A +17.55% (at or above 15%: strong)
Revenue, next year A +4.73%
EPS, past 5 yrs +113.69% (at or above 15%: strong)
EPS, next 5 yrs A +22.50% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 19.34%
10-year low 10-year high
P/S against its own 10 years 86.40%
10-year low 10-year high
P/B against its own 10 years 83.87%
10-year low 10-year high
EV/Sales against its own 10 years 86.25%
10-year low 10-year high
EV/FCF against its own 10 years 24.75%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–22
−13.6%/yr
  1. 1.44 ’16
  2. 0.75 ’17 −48
  3. 0.40 ’18 −47
  4. 0.30 ’19 −25
  5. 0.50 ’20 +67
  6. 0.30 ’21 −40
  7. 0.60 ’22 +100
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 7 23 30
Receivables 8 7 7 12
Inventory 24 18 16 15
Other — — — —
37 37 49 60
2023 2024 2025 Q'26
Payables 10 6 5 8
ST’ Debt 6 — — —
Other — — — —
20 14 12 14

Compound Annual Growth %

10y 5y 3y
Sales 11.23% 14.31% 19.13%
Cash Flow 0.00% 34.33% 0.00%
Earnings 29.24% 133.74% 0.00%
Book Value 2.53% 13.60% 30.45%

EPS $

Mar Jun Sep Dec Year
’26 0.69 0.79 — — —
’25 0.55 0.96 0.87 1.05 3.44
’24 0.19 0.47 0.63 0.93 2.25
’23 (0.37) (0.39) 0.03 0.08 (0.65)
’22 (0.23) (1.30) (0.70) (0.30) (3.45)
’21 (0.30) 0.60 (0.75) (0.10) (0.55)
’20 (0.45) (0.10) 0.25 0.40 0.08
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 21 23 — — —
’25 19 21 24 22 86
’24 18 20 20 18 77
’23 19 19 20 16 74
’22 7 12 12 20 51
’21 9 11 13 13 45
’20 11 10 13 11 44
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 7 1 — — —
’25 3 3 10 3 19
’24 (1) 4 6 4 13
’23 1 1 2 (2) 2
’22 (3) (2) (2) (2) (9)
’21 0 (3) (1) (3) (6)
’20 1 3 0 1 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 0 — — —
’25 2 3 10 2 16
’24 (1) 3 5 3 10
’23 0 1 1 (3) 0
’22 (4) (2) (2) (3) (11)
’21 (1) (3) (3) (3) (9)
’20 1 2 0 1 3
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 46 Communication Equipment stocks →

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

BK TECHNOLOGIES, INC. (BKTI) Latest News

20 Aug

Impact 4 · · The Motley Fool transcript

14 Aug

Impact 3 · · Moby transcript
Impact 3 · · MarketBeat

15 May

Impact 3 · · MarketBeat transcript

31 Mar

11 Mar

Impact 4 · · ACCESS Newswire

13 Feb

Impact 4 · · Simply Wall St.

14 Jan

2 Jan

Impact 4 · · Insider Monkey

11 Dec

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7 Dec

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3 Dec

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22 Nov

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stockrow.com/BKTI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com