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ReposiTrak (TRAK) investor relations material
ReposiTrak Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Recurring SaaS revenue now exceeds 98% of total, up from 62% in 2020, after converting $7M in one-time revenue and eliminating $2M in low-margin business.
Revenue increased 7% year-over-year for the quarter to $5.9M and 8% for the six months, driven by recurring subscription growth in compliance, supply chain, and traceability.
Net income for the quarter was $1.7M, up 9% year-over-year, with net margin exceeding 30% and net cash nearly doubling to $29M since 2020.
Investments focused on product innovation, patent filings, and AI-driven operational efficiency, with new patents for Touchless Traceability and automated data error correction.
Traceability remains a key growth area, with significant network effects, a large onboarding queue, and leadership in food supply chain traceability.
Financial highlights
Q2 revenue increased 7% year-over-year to $5.9M; year-to-date revenue up 8% to $11.8M.
Operating income for the quarter was $1.8M, up 34% year-over-year; GAAP net income was $1.7M, up 9%.
Q2 EPS up 13% to $0.09; year-to-date EPS up 13% to $0.19 basic.
Operating expenses for the quarter down 2%; year-to-date expenses flat at $8.1M.
Total cash at $28.7M as of December 31, 2025, with no bank debt.
Outlook and guidance
Effective tax rate expected to be 20% going forward as NOLs expire.
Management expects continued growth in recurring revenue, especially in traceability, as regulatory and retailer mandates increase.
Anticipates acceleration in traceability onboarding as FDA deadline approaches, with significant demand expected in the next 12-18 months.
The company believes existing cash and cash flows from operations are sufficient to fund requirements for at least the next twelve months.
Ongoing investments in product innovation and patent filings are expected to strengthen competitive positioning.
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