Slide 1: Second Quarter 2026 Earnings Results
NYSE American: BKTI Second Quarter 2026 Earnings Results Thursday, August 13th, 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: Second Quarter 2026 Highlights
3 Second Quarter 2026 Highlights • Revenue increased 10.6% to $23.4M, delivering trailing-twelve-month (TTM) revenue growth of 15.7% • Pre-tax income stable year-over-year at $4.0M • TTM Net income increases 14% to $13.6 million • Fully diluted non-GAAP adjusted EPS1 of $1.01 compared with $1.30 in
Slide 4: Revenue Growth Driven by Growing Demand for BKR Series Radios
4 Revenue Growth Driven by Growing Demand for BKR Series Radios • Growing BKR Series footprint across agencies, Quarterly Revenue (in Millions) capitalizing on market shift from single-band to multiband $24.4 24 $23.4 • BKR 9500 in-vehicle multiband radio $21.5 submitted to FCC in August and advanci
Slide 5: Strong Financial Results
5 Strong Financial Results Income Statement Three Months Ended (in thousands) 6/30/26 6/30/25 YoY Sales $23,414 $21,165 10.6% Gross Margin 51.9% 47.4% 445bps SG&A $8,314 $6,038 38% Operating Income $3,829 $3,997 (4%) Operating Margin 16.4% 18.9% (250) bps Net Income $3,168 $3,741 (15%) EPS – diluted
Slide 6: Enhanced Profitability
6 Enhanced Profitability Adjusted EBITDA1 Adjusted Earnings2 (millions) (millions) Annual Bi-Annual Annual Bi-Annual 20.5% 19.1% $17.0 19.0% +800bps $17.6 +10bps +890bps 12.5% 10.1% +1,2300bps $7.5 $7.6 $9.6 $6.8 $8.5 $7.6 $3.1 0.2% $3.9 $0.1 $0.0 2023 2024 2025 1H24 1H25 1H26 2023 2024 2025 1H24 1H
Slide 7: Consistent Cash Generation Powering Growth and Flexibility
7 Consistent Cash Generation Powering Growth and Flexibility • Operational efficiency drives $4.6M of Free Cash Flow After- Free Cash Flow After Tax1 (in Millions) Tax in 2Q26; TTM +49% to $19.0M, outpacing revenue growth • Strategic investments in first responder products and solutions, capturing s
Slide 8: Strengthened Balance Sheet
8 Strengthened Balance Sheet Growing cash position, improved working capital and no debt provide BK with the financial flexibility to execute its growth strategy and drive long-term value creation Working Capital Shareholders’ Equity $46.1M $52.0M $37.3M $44.7M Cash & Cash Balance Sheet Equivalents
Slide 9: 2026 Goals & Financial Targets
9 2026 Goals & Financial Targets • 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 (In thousands except per share data) Three Months Ended Six Months Ended Non-GAAP Adjusted EBITDA 6/30/25 6/30/26 6/30/25 6/30/26 Net Income $3,741 $3,168 $5,873 $5,930 Adjustments to reconcile net income to EBITDA Interest expense (income), net (39) (205) (42)
Slide 14: Reconciliation of Non-GAAP Metrics, Cont.
14 Reconciliation of Non-GAAP Metrics, Cont. (In thousands except per share data) Three Months Ended Non-GAAP Adjusted EBITDA 3/31/24 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Net Income $681 $1,664 $2,357 $3,657 $2,132 $3,741 $3,436 $4,227 $2,762 $3,168 Adjustments t
Slide 15: Reconciliation of Non-GAAP Metrics, Cont.
15 Reconciliation of Non-GAAP Metrics, Cont. (In thousands) Three Months Ended Free Cash Flow After Tax 9/30/23 12/31/23 3/31/24 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Net Income $90 $290 $681 $1,664 $2,357 $3,657 $2,132 $3,741 $3,436 $4,227 $2,762 $3,168 Adjustmen
Slide 16: Reconciliation of Non-GAAP Metrics, Cont.
16 Reconciliation of Non-GAAP Metrics, Cont. (In thousands) Three Months Ended ROIC 3/31/24 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Net Working Capital $ 18,347 $ 20,298 $ 22,741 $ 22,967 $ 24,560 $ 28,913 $ 33,843 $ 37,333 $ 41,393 $ 46,091 Net PP&E 5,174 4,963 4,9
Slide 17: Reconciliation of Non-GAAP Metrics
17 Reconciliation of Non-GAAP Metrics (In thousands) Twelve Months Ended ROIC 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Net Working Capital $ 25,234 $ 13,247 $ 16,784 $ 22,967 $ 37,333 Net PP&E 4,556 4,884 5,366 4,911 4,170 Other 98 143 422 410 471 Invested Capital $ 29,888 $ 18,274 $ 2
Slide 18: Reconciliation of Non-GAAP Metrics
18 Reconciliation of Non-GAAP Metrics (In thousands except per share data) (In thousands) Three Months EndedMonths Ended Twelve Non-GAAP Adjusted EBITDA 12/31/22 12/31/23 12/31/24 12/31/25 Net Income ($11,633) ($2,230) $8,359 $13,536 Adjustments to reconcile net income to EBITDA Interest expense (in
Slide 19: Reconciliation of Non-GAAP Metrics
19 Reconciliation of Non-GAAP Metrics (In thousands(In except per share data) thousands) Three Twelve Months Months Ended Ended Adjustments to reconcile net income to Adjusted EPS (non-GAAP) 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Net Income ($11,633) ($2,230) $8,359 $13,536 Net realized and unr
Slide 20: NYSE American: BKTI
NYSE American: BKTI 2Q2 6 Pres entation / NYSE Am eric an: BKTI