
BK Technologies Corporation Income Statement 2025-2008 | BKTI
Brief overview of financial performance at BK Technologies Corporation
The conclusions below are based on five years of reported results. The revenue attributed to BK Technologies Corporation moved from $44.1 million to $86.1 million between the two endpoints. The total change was +95.2%, with a CAGR of approximately 14.3%. Top-line growth remained consistently strong over the period.
The gross result shifted from $18.1 million to $42 million, or +132.4%. Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. At the margin level, the figure shifted from 41% to 48.8%. The expansion indicates stronger pricing power or better control of direct costs.
The operating result measured by EBITDA moved from $2.4 million to $17.8 million, or +642.7%. The operating result outpaced sales and points to improving efficiency. EBITDA margin was 5.4% at the start and 20.6% at the end. The company improved its ability to convert sales into EBITDA.
The five-year change in net income was +5358.1%: from $248 thousand to $13.5 million. The final year delivered the highest net income in the period.
The market value of the business moved from 42.5 million dollars to 164 million dollars, or +286%. The financial trend was stronger than the market valuation.
Financial takeaway
The five-year financial profile is predominantly positive. The positive side is supported by a stronger final result, sales growth and a stronger gross margin. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement BK Technologies Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
164 M | 47.3 M | 42 M | 49.9 K | 34.4 K | 42.5 M | 38 M | 55.5 M | 49.7 M | 68 M | 54 M | 73.6 M | 48.2 M | 22.9 M | 17.4 M | 168 K | 111 K | - |
Shares |
3.67 M | 3.55 M | 3.43 M | 16.9 K | 14.9 K | 12.5 M | 12.7 M | 13.5 M | 13.6 M | 13.7 M | 13.7 M | 13.6 M | 13.6 M | 13.5 M | 13.5 M | 13.5 K | 13.4 K | - |
Historical Prices |
44.7 | 13.3 | 12.2 | 2.95 | 2.31 | 4.07 | 2.14 | 3.56 | 3.19 | 4.24 | 3.13 | 5.04 | 2.56 | 1.76 | 1.04 | 12.5 | 8.25 | 7.6 |
Net Income |
13.5 M | 8.36 M | -2.23 M | -11.6 M | -1.7 M | 248 K | -2.64 M | -195 K | -3.63 M | 2.69 M | 1.04 M | 1.62 M | 1.14 M | 2.06 M | -493 K | -660 K | 2.36 M | - |
Revenue |
86.1 M | 76.6 M | 74.1 M | 51 M | 45.4 M | 44.1 M | 40.1 M | 49.4 M | 39.4 M | 50.7 M | 29.7 M | 31 M | 27 M | 27.6 M | 24.1 M | - | - | - |
Cost of Revenue |
44.1 M | 47.5 M | 51.9 M | 41.1 M | - | 26.1 M | 24.4 M | 29.4 M | 29.8 M | 180 K | 54 K | 9 K | 140 K | 164 K | 148 K | 271 K | - | - |
Gross Profit |
42 M | 29 M | - | - | - | 18.1 M | 15.7 M | 20 M | 9.55 M | 17.1 M | 12.3 M | 13.2 M | 11.7 M | 13.1 M | 10.1 M | - | - | - |
Operating Income |
16 M | 7.83 M | -777 K | -11.1 M | -1.2 M | 994 K | -4.38 M | 2.42 M | -5.03 M | 4.28 M | 1.43 M | 2.53 M | 1.64 M | 2.89 M | -653 K | -628 K | 3.5 M | - |
Interest Expense |
- | - | 575 K | 144 K | -318 K | 8 K | -104 K | -328 K | -106 K | -22 K | -45 K | -6 K | 16 K | -9 K | 107 K | 30 K | 47 K | - |
EBITDA |
17.8 M | 9.52 M | 858 K | -9.66 M | 198 K | 2.39 M | -3.17 M | 3.35 M | -4.08 M | 5.23 M | 2.34 M | 3.71 M | 3.12 M | 4.25 M | 759 K | -214 K | 4.17 M | - |
Operating Expenses |
- | - | 74.9 M | 62 M | 46.6 M | 17 M | 20 M | 17.6 M | 14.6 M | 12.8 M | 10.9 M | 10.7 M | 10.1 M | 10.2 M | 10.8 M | - | - | - |
General and Administrative Expenses |
7.92 M | 7.18 M | 23 M | 20.9 M | 17.5 M | 17 M | 20 M | 17.6 M | 14.6 M | 12.8 M | 10.9 M | 10.7 M | 10.1 M | 10.2 M | 10.8 M | 12 M | 10.2 M | - |
All numbers in USD currency
Quarterly Income Statement BK Technologies Corporation
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
3.65 B | 3.74 M | - | 3.71 M | 3.65 M | 3.57 M | 3.57 M | 3.54 M | 3.53 M | 3.54 M | 3.58 M | 3.41 M | 3.4 M | 17 M | 3.4 M | 3.39 M | 16.9 M | 16.9 M | 16.8 M | 16.8 M | 13.6 M | 12.5 | 12.5 M | 12.5 B | 12.5 M | 12.6 M | 12.6 M | 12.7 M | 12.7 M | 12.8 M | 12.8 M | 13.5 M | 13.5 M | 13.8 M | 13.7 M | 13.7 M | 13.8 M | 13.7 M | 13.8 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.7 M | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 13.6 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M | 13.5 M |
Net Income |
2.13 M | 2.76 M | - | 3.44 M | 3.74 M | 2.13 M | - | 2.36 M | 1.66 M | 681 K | - | 90 K | -1.34 M | -1.27 M | - | -2.4 M | -4.33 M | -3.94 M | - | 1.4 M | 1.84 M | -670 K | - | 790 K | -302 K | -1.19 M | - | 238 K | -247 K | -1.32 M | - | 650 K | 947 K | -443 K | - | 600 K | 1.32 M | -1.27 M | - | 719 K | 1.36 M | 513 K | - | 212 K | 78 K | 538 K | - | 656 K | 672 K | 475 K | - | 514 K | 197 K | 405 K | 336 K | 884 K | 1.25 M | -401 K | 136 K | 914 K | -855 K | -688 K |
Revenue |
21.2 M | 21.3 M | - | 24.4 M | 21.2 M | 19.1 M | - | 20.2 M | 20.3 M | 18.2 M | - | 20.1 M | 19 M | 18.7 M | - | 11.9 M | 12.1 M | 6.58 M | - | 12.6 M | 11.3 M | 8.56 M | - | 12.8 M | 9.94 M | 10.9 M | - | 11.8 M | 13.3 M | 7.64 M | - | 13.3 M | 13.7 M | 11.7 M | - | 11.8 M | 10.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
11.1 M | 10.3 M | - | 12.2 M | 11.1 M | 10.1 M | - | 12.3 M | 12.7 M | 11.9 M | - | 13.7 M | - | - | - | - | 10.4 M | 5.11 M | - | 8.49 M | 6.98 M | 5.44 M | - | 7.45 M | 5.61 M | 6.99 M | - | 6.7 M | 7.59 M | 5.21 M | - | 7.84 M | 7.77 M | 6.91 M | - | 8.01 M | 6.27 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
10 M | 11 M | - | 12.2 M | 10 M | - | - | 7.84 M | 7.55 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.73 M | 4.03 M | 4.64 M | 1.67 M | 2.37 M | 3.51 M | 1.66 M | 2.6 M |
Operating Income |
4 M | 3.29 M | - | 4.84 M | 4 M | 2.92 M | - | 2.61 M | 2.02 M | 983 K | - | 594 K | -784 K | -987 K | - | -2.39 M | -3.68 M | -3.44 M | - | -370 K | -200 K | -853 K | - | 1.15 M | -36 K | -848 K | - | 295 K | 20 K | -2.32 M | - | 878 K | 1.33 M | 748 K | - | 157 K | 973 K | -1.21 M | - | 1.08 M | 2.09 M | 766 K | - | 300 K | 107 K | 740 K | - | 1.03 M | 1.04 M | 600 K | - | 767 K | 378 K | 499 K | - | 1.4 M | 2.02 M | -673 K | - | 968 K | -828 K | -647 K |
Interest Expense |
- | - | - | - | - | - | - | - | -141 K | - | - | -504 K | -556 K | 144 K | - | -11 K | -654 K | 15 K | - | -2.2 M | 2.22 M | 183 K | - | -362 K | -238 K | -47 K | - | -85 K | -11 K | -2 K | - | -48 K | -58 K | -168 K | - | 1 K | -60 K | -87 K | - | - | 7 K | 1 K | - | -4 K | 39 K | 3 K | - | 3 K | -9 K | 1 K | - | - | 31 K | -20 K | - | -3 K | -2 K | -5 K | - | -27 K | -27 | -6 K |
EBITDA |
4 M | 4 M | - | - | - | 3.34 M | - | - | - | 1.39 M | - | - | - | -609 K | - | -1.33 M | -2.98 M | -3.1 M | - | 663 K | 481 K | -555 K | - | 2.16 M | 625 K | -528 K | - | 1.19 M | 595 K | -2.06 M | - | 1.58 M | 1.77 M | 959 K | - | 884 K | 1.44 M | -977 K | - | 1.8 M | 2.09 M | 980 K | - | 997 K | 550 K | 958 K | - | 1.96 M | 1.65 M | 897 K | - | 1.89 M | 1.12 M | 868 K | - | 2.37 M | 2.66 M | -356 K | - | 2.03 M | -124 K | -296 K |
Operating Expenses |
- | - | - | - | - | - | - | - | 18.2 M | - | - | 19.5 M | 19.8 M | 19.7 M | - | 14.3 M | 15.8 M | 10 M | - | 13 M | 11.5 M | 9.42 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
6.04 M | 2.26 M | - | 2.44 M | 1.79 M | 6.03 M | - | 1.9 M | 1.83 M | 5.3 M | - | 5.81 M | 5.99 M | 5.88 M | - | 4.63 M | 5.4 M | 4.92 M | - | 4.51 M | 4.55 M | 3.97 M | - | 4.16 M | 4.36 M | 4.74 M | - | 4.81 M | 5.68 M | 4.76 M | - | 4.58 M | 4.55 M | 4.09 M | - | 3.66 M | 3.52 M | 3.44 M | - | 3.55 M | 3.5 M | 3.06 M | - | 3.19 M | 2.28 M | 2.94 M | - | 2.76 M | 2.84 M | 2.55 M | - | 2.5 M | 2.34 M | 2.74 M | - | 2.63 M | 2.62 M | 2.34 M | - | 2.54 M | 2.48 M | 3.25 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company BK Technologies Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.