Saturday 17 October 2026 Export BKTI’s income statement to Excel — free account

BK TECHNOLOGIES, INC.

BK TECHNOLOGIES, INC.’s revenue for fiscal 2025 (year ended December 2025) was $86.1 million, up 12.5% from fiscal 2024. In the quarter to June 2026, revenue grew 10.6%, EPS fell 18.5% and free cash flow fell 86.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three.

65.01 1.67 −2.50%

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Market cap: $251.4M
P/E: 17.9×
Fwd P/E: 26.1×
Dividend yield: —
F-score: 7/9
Altman Z: 11.45
Beneish M: −2.98
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	1	—	—	—	—

Insider Ownership 24.55%

Capital & Financial Ratios $m

Market Cap 251.35

Revenue 90.63

Net Income 13.59

Free Cash Flow 18.51

Net Debt (29.92)

Current Ratio 4.20

Debt/Equity 0.00

P/E ratio 17.91

Fwd P/E 26.10

P/S ratio 2.69

P/B ratio 4.69

Past 5Y EPS Growth 113.69%

This Y EPS Growth (16.90%)

Next Y EPS Growth 17.55%

Next Y revenue growth 4.73%

Next 5Y EPS Growth 22.50%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 20.19%

10-year low 10-year high

P/S against its own 10 years 86.84%

10-year low 10-year high

P/B against its own 10 years 84.48%

10-year low 10-year high

EV/Sales against its own 10 years 86.69%

10-year low 10-year high

EV/FCF against its own 10 years 26.00%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	0.60	0.15 0.15 0.15 0.15
2021	0.30	0.10 0.10 0.10
2020	0.50	0.10 0.10 0.10 0.10 0.10
2019	0.30	0.10 0.10 0.10
2018	0.40	0.10 0.10 0.10 0.10
2017	0.75	0.45 0.10 0.10 0.10
2016	1.44	0.45 0.45 0.45 0.09

special payouts not included in total or ratios

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%

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.

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	18.50	17.00	15.00	13.00	5.85	7.95	9.95	8.79	11.06	26.20	Analyst estimates 2026–2028 Powerpack
	High	29.15	27.75	21.55	24.10	17.90	27.50	16.65	19.90	38.70	86.24
People
People	Employees	107	119	119	111	95	113	148	145	113	120
	Revenue/emp, $m	0.47	0.33	0.41	0.36	0.46	0.40	0.34	0.51	0.68	0.72
Income, $m
Income, $m	Revenue	51	39	49	40	44	45	51	74	77	86
	Gross margin, %	33.69	24.24	40.46	39.03	40.85	35.85	19.32	30.01	37.93	48.79
	EBT	4	(5)	0	(4)	0	(2)	(12)	(2)	7	16
	EBT margin, %	8.43	(12.15)	(0.96)	(9.03)	0.45	(3.34)	(22.83)	(2.94)	9.63	18.71
	Net income	3	(4)	0	(3)	0	(2)	(12)	(2)	8	14
	Depreciation	1	1	1	1	1	1	1	2	2	2
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
	Earnings	1.00	(1.31)	(0.07)	(1.05)	0.08	(0.55)	(3.45)	(0.65)	2.35	3.69
	Cash flow	3.90	(0.84)	1.96	(0.98)	1.77	(2.11)	(2.66)	0.48	3.59	5.29
	Capex	(0.51)	(0.23)	(0.52)	(0.97)	(0.38)	(0.78)	(0.52)	(0.62)	(0.72)	(0.85)
	Free cash flow	3.40	(1.07)	1.45	(1.94)	1.39	(2.89)	(3.18)	(0.13)	2.87	4.44
	Book value	13.02	11.75	10.29	9.16	9.41	10.92	5.95	6.22	8.40	12.17
	Shares, m	3	3	3	3	3	3	3	3	4	4
Valuation, ×
Valuation, ×	P/E	24.66	0.00	0.00	0.00	151.50	0.00	0.00	0.00	14.53	20.27
	P/S	1.31	1.19	1.02	0.98	0.86	0.79	1.10	0.57	1.59	3.18
	P/B	1.86	1.47	1.82	1.69	1.61	1.10	2.78	2.00	4.08	6.13
	EV/Sales	1.10	0.78	0.79	0.88	0.73	0.61	1.18	0.63	1.56	2.97
	EV/FCF	5.97	(10.53)	10.08	(7.18)	9.17	(2.70)	(5.60)	(101.47)	11.67	15.67
Cash, $m
Cash, $m	Operating cash flow	11	(2)	5	(2)	4	(6)	(9)	2	13	19
	Capex	(1)	(1)	(1)	(2)	(1)	(2)	(2)	(2)	(3)	(3)
	Free cash flow	9	(3)	4	(5)	3	(9)	(11)	0	10	16
Balance, $m
Balance, $m	Working capital	23	27	21	15	16	25	13	17	23	37
	Total debt	—	—	—	1	1	2	6	8	1	—
	Net debt	(11)	(16)	(11)	(4)	(6)	(9)	4	4	(6)	(23)
	Shareholders’ equity	36	32	28	23	24	33	20	21	30	45
Returns, %
Returns, %	ROA	6.56	(8.50)	(0.48)	(6.84)	0.51	(3.82)	(23.45)	(4.54)	16.57	23.49
	ROIC	10.77	(20.04)	9.22	(14.15)	3.52	(3.10)	(28.38)	(1.90)	20.85	45.60
	ROE	7.62	(10.70)	(0.65)	(10.34)	0.83	(6.05)	(44.10)	(10.76)	32.69	36.32

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ADTN ADTRAN Holdings, Inc.	$532.1M	— (loss-making)	— (loss-making)	+6.07% (above 0%: growing)	n/m	−52.65% (below 0%: shrinking)	36.97%	(3.58%)	Compare
CLFD Clearfield, Inc.	$407.4M	— (loss-making)	76.5×	+13.18% (above 0%: growing)	+100.00% (above 0%: growing)	−6.00% (below 0%: shrinking)	31.79%	5.86%	Compare
LTRX Lantronix, Inc.	$274.2M	— (loss-making)	179×	+8.03% (above 0%: growing)	n/m	+89.00% (above 0%: growing)	43.67%	(1.26%)	Compare
AUDC AudioCodes Ltd.	$270.5M	43.1×	26.7×	+3.08% (above 0%: growing)	+100.00% (above 0%: growing)	−15.07% (below 0%: shrinking)	65.70%	5.08%	Compare
BKTI BK TECHNOLOGIES, INC.	$251.4M	17.9×	26.1×	+10.63% (above 0%: growing)	−18.45% (below 0%: shrinking)	−85.95% (below 0%: shrinking)	51.86%	16.35%
SILC Silicom Ltd	$250.5M	— (loss-making)	— (loss-making)	+58.51% (above 0%: growing)	n/m	−29.51% (below 0%: shrinking)	30.11%	(8.37%)	Compare
AVNW Aviat Networks, Inc.	$250.0M	99.7×	9.6×	+4.81% (above 0%: growing)	n/m	−56.30% (below 0%: shrinking)	30.81%	4.82%	Compare
CRNT Ceragon Networks Ltd.	$183.6M	— (loss-making)	29.6×	+14.16% (above 0%: growing)	n/m	−65.76% (below 0%: shrinking)	31.65%	0.25%	Compare
OCC Optical Cable Corporation	$125.6M	44.5×	— (loss-making)	+21.99% (above 0%: growing)	+425.00% (above 0%: growing)	+156.41% (above 0%: growing)	37.43%	8.69%	Compare
Median of peers	$260.5M	44.5×	29.6×	+10.61%	+100.00%	−22.29%	34.38%	2.54%

All 47 Communication Equipment stocks →

BK TECHNOLOGIES, INC. (BKTI) key facts

Strength: BK TECHNOLOGIES, INC.’s revenue for fiscal 2025 (year ended December 2025) was $86.1 million, up 12.5% from fiscal 2024.
BK TECHNOLOGIES, INC. (BKTI) is a Communication Equipment company in the Technology sector, listed on NYSE American.
As of October 16, 2026, BKTI traded at $65.01, a market capitalization of $251.4 million.
Return on equity was 36.3% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 11.45 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.