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BIO-key’s Bottom Line Improves 51% on 13% Rise in Q2 Revenues Reflecting Strength with Government, Defense, and Financial Sector Customers Globally; Call Tomorrow at 10am ET

$BKYIPress releaseAug 13, 2026, 5:00 PM ETRead the release

BIO-key reported Q2 revenue of $1.9 million, up 13% year-over-year, while narrowing its net loss by 51% to $577,000 driven by a 14-point improvement in gross margin to 87%. Management maintained a positive outlook for the second half of 2026, targeting revenue growth and profitability as a delayed $0.8M hardware order shifts into the period.

Key figures

Revenue
1919991
Guidance
Targets revenue growth and profitability for 2H'26
Revenue Yoy
13%
Gross margin
87%
Cash position
4500000
Warrant proceeds
2500000

AI analysis

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