BK Technologies Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 12, 2026, reporting third-quarter net income of $3.735 million and a shift to positive retained earnings for the first time reflected in the period-end balance sheet.

Key Highlights

  • Quarterly net income: $3.735 million for the three months ended September 30, 2026, compared to $3.436 million for the same period in 2025.
  • Nine-month net income: $9.665 million for the nine months ended September 30, 2026, compared to $9.309 million for the nine months ended September 30, 2025.
  • Net sales: $25.285 million for Q3 2026, up from $24.411 million in Q3 2025; nine-month sales of $69.991 million versus $64.630 million in the prior-year period.
  • Retained earnings turn positive: Retained earnings of $7.351 million as of September 30, 2026, compared to an accumulated deficit of $2.314 million as of December 31, 2025.
  • Total assets: $80.233 million as of September 30, 2026, up from $63.760 million at December 31, 2025.
  • Cash and cash equivalents: $29.161 million as of September 30, 2026, compared to $22.788 million at December 31, 2025.
  • Diluted EPS: $0.93 for Q3 2026, compared to $0.87 for Q3 2025; nine-month diluted EPS of $2.39 versus $2.38.

BK Technologies Reports Q3 2026 Financial Results and Balance Sheet Growth

According to the filing, BK Technologies Corporation (NYSE American:BKTI) reported net sales of $25.285 million for the three months ended September 30, 2026, an increase from $24.411 million in the comparable prior-year quarter. Gross margin for the quarter was $12.809 million, up from $12.189 million in Q3 2025. Total selling, general and administrative expenses rose to $8.381 million from $7.344 million in the year-ago period, driven in part by engineering and product development costs of $4.003 million, compared to $2.771 million in Q3 2025. Operating income for the quarter was $4.428 million, versus $4.845 million in Q3 2025.

The company disclosed net income of $3.735 million for Q3 2026, compared to $3.436 million in Q3 2025. For the nine months ended September 30, 2026, net income totaled $9.665 million on net sales of $69.991 million, against $9.309 million and $64.630 million, respectively, in the prior-year nine-month period. Basic earnings per share for the nine months ended September 30, 2026, were $2.56, equal to the $2.56 reported for the same period in 2025, while diluted earnings per share were $2.39 versus $2.38.

The balance sheet as of September 30, 2026, reflected total assets of $80.233 million and total liabilities of $23.966 million, leaving total stockholders' equity of $56.267 million, up from $44.698 million at December 31, 2025. The filing noted retained earnings of $7.351 million at September 30, 2026, a turnaround from an accumulated deficit of $2.314 million at the prior fiscal year-end. Trade accounts receivable, net, rose to $17.294 million from $7.221 million, and a convertible note receivable, including accrued interest, of $3.007 million appeared on the balance sheet, compared to zero at December 31, 2025. As of November 6, 2026, the company reported 3,772,056 shares of common stock outstanding.

What Was Disclosed

BK Technologies filed its unaudited quarterly report covering the three and nine months ended September 30, 2026, disclosing income statement results, balance sheet positions, changes in stockholders' equity, and share count data, with retained earnings turning positive during the period.