Slide 1: First Quarter 2026 Earnings Results
NYSE American: BKTI First Quarter 2026 Earnings Results Thursday, May 14th, 2026
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement This presentation contains statements about future events and expectations which are “forward-looking statements” within the meaning of Sections 27A of the Securities Act of 1933, as amended, and 21E of the Exchange Act. These forward-looking statements concern the Company’s
Slide 3: First Quarter 2026 Highlights
3 First Quarter 2026 Highlights • Revenue increased 11.8% to $21.3M, delivering trailing- twelve-month revenue growth of 14% • Continued momentum of BKR Series radios and growing agency adoption of BK ONE solutions • Year-over-Year adjusted EBITDA growth of 24%; adjusted EBITDA margin expands 180bps
Slide 4: Revenue Growth Driven by Growing Demand for BKR Series Radios
4 Revenue Growth Driven by Growing Demand for BKR Series Radios Quarterly Revenue • Growing BKR Series footprint across (in Millions) agencies, capitalizing on market shift from single-band to multiband $24.4 24 • Operating leverage delivers 13% 22 $21.2 $21.5 $21.3 operating income expansion, growi
Slide 5: Strong Financial Results
5 Strong Financial Results Income Statement Three Months Ended (in thousands) 3/31/26 3/31/25 Sales $21,293 $19,054 Gross Margin 51.8% 47.0% SG&A $7,741 $6,034 Operating Income $3,289 $2,916 Operating Margin 15.4% 15.3% Net Income $2,762 $2,132 EPS – diluted $0.69 $0.55 Adjusted Earnings1 $3,524 $2,
Slide 6: Enhanced Profitability
6 Enhanced Profitability Adjusted EBITDA1 Adjusted Earnings2 (millions) (millions) Annual Quarterly Annual Quarterly 20.5% +180bps 18.7% $17.0 +800bps Δ 16.9% $17.6 12.5% +920bps +1,500bps $9.6 7.7% $6.8 2.0% $3.5 $3.0 $2.4 $3.2 $4.0 $1.1 $1.5 $1.4 2023 2024 2025 1Q24 1Q25 1Q26 2023 2024 2025 1Q24 1
Slide 7: Consistent Cash Generation Powering Growth and Flexibility
7 Consistent Cash Generation Powering Growth and Flexibility Free Cash Flow After Tax1 • After-Tax Free Cash Flow of $4.1 million in 1Q26, (in Millions) demonstrating continued strong cash generation • Diligent investments in innovative products and solutions, delivering sustainable growth $5.5 $5.4
Slide 8: Strengthened Balance Sheet
8 Strengthened Balance Sheet Significantly increased cash position, improved working capital and no debt give BK financial flexibility to execute growth strategy and deliver shareholder value Working Capital Shareholders’ Equity $41.4M $47.7M $37.3M $44.7M Cash & Cash Balance Sheet Equivalents of $2
Slide 9: 2026 Goals & Financial Targets
2026 Goals & Financial Targets 9 • Reiterating full year targets: • Revenue of at least $90 million • Gross margin of 50%+ • GAAP EPS of $3.151 per diluted share • Non-GAAP adjusted EPS2 of $3.55 per diluted share • Beginning in 2026, engineering costs for BKR 9500 development to be expensed as incu
Slide 10: Q&A
10 Q&A
Slide 11: Appendix
11 Appendix
Slide 12: Use of Non-GAAP Measures
12 Use of Non-GAAP Measures BK Technologies prepares its consolidated financial statements in accordance with United States generally accepted accounting principles (“GAAP”). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses non-GAAP financial measur
Slide 13: Reconciliation of Non-GAAP Metrics
13 Reconciliation of Non-GAAP Metrics Three Months Ended Twelve Months Ended Non-GAAP Adjusted EBITDA (in thousands) 3/31/25 3/31/26 12/31/23 12/31/24 12/31/25 Net Income $2,132 $2,762 ($2,230) $8,359 $13,536 Adjustments to reconcile net income to EBITDA Interest (income) expense, net (3) (169) 575
Slide 14: Reconciliation of Non-GAAP Metrics, Cont.
14 Reconciliation of Non-GAAP Metrics, Cont. Non-GAAP Adjusted EBITDA (in thousands) 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Net Income $681 $1,664 $2,357 $3,657 $2,132 $3,741 $3,436 $4,227 $2,762 Adjustments to reconcile net income to EBITDA Interest (income) expense, net 174 106 1 (15) (3) (3
Slide 15: Reconciliation of Non-GAAP Metrics, Cont.
15 Reconciliation of Non-GAAP Metrics, Cont. Free Cash Flow After Tax 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Net Income ($1,340) $90 $290 $681 $1,664 $2,357 $3,657 $2,132 $3,741 $3,436 $4,227 $2,762 Adjustments to reconcile net income to EBITDA Interest (income) expense, net 155
Slide 16: Reconciliation of Non-GAAP Metrics
16 Reconciliation of Non-GAAP Metrics Twelve Months Ended TTM Ended Invested Capital (in thousands) 12/31/22 12/31/23 12/31/24 12/31/25 3/31/26 Invested Capital Equity $20,135 $21,311 $29,831 $44,698 $40,041 Debt - - - - - Cash 1,918 3,456 7,075 22,788 18,950 Invested Capital $22,053 $24,767 $36,906
Slide 17: NYSE American: BKTI
NYSE American: BKTI 1Q26 Presentation / NYSE American: BKTI